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The Robin Hood Foundation has the mission to be a more efficient charity. They believe that the limited pool of charitable donations can work more efficiently, and thereby bring more benefit to the recipients. The main mechanism of change is professional assistance - Robin Hood brings more than money to the table, they corral the skills of corporate partners to donate professional assistance to projects that would without it be less effective. In doing this, Robin Hood seeks to fight poverty by pulling people out of it. Their corporate partners donate time and skills in order to provide the management assistance that many charitable projects lack. Robin Hood also acts as a fundraising arm, securing donations from corporate backers.
Robin Hood's books are balanced. The company takes in substantially more than it spends, and 92.4% of donations are used in its programs. Primarily a fund-raising and resource-marshalling...
The major challenges going forward will be to maintain donation levels as corporate backers suffer the economic downturn. Robin Hood has a financial cushion to deal with some downturn in donations, but will likely also need to lean more heavily on securing management assistance in lieu of financial donations in order to maintain its effectiveness. Robin Hood still has a sound managerial approach as its main assets. This appeals to corporate backers and allows them to be more efficient than other organizations. It can leverage this to win more corporate backers, who will relate better to the Robin Hood approach than the approach of other similar fundraising organizations. Robin Hood is not a social enterprise. They are a fundraising and resource provider for social enterprises, but they themselves are not one. They are a facilitator of social enterprise.
The SEC is likely to face a budget crunch. The present economic situation is likely to result in a decrease in donations. Already, they are expecting to contract their budget in 2009. Cost reductions are the only real solution that can be enacted in the short run. The key strength of the organization is the skill of its principles, which have been leveraged to deliver genuine solutions and secure a supply of volunteer Western labor. This organization is an example of social enterprise because it moves beyond mere aid and works to create entrepreneurship that will spur social and economic development within the community.
The Robin Hood Foundation has the mission to be a more efficient charity. They believe that the limited pool of charitable donations can work more efficiently, and thereby bring more benefit to the recipients. The main mechanism of change is professional assistance - Robin Hood brings more than money to the table, they corral the skills of corporate partners to donate professional assistance to projects that would without it be less effective. In doing this, Robin Hood seeks to fight poverty by pulling people out of it. Their corporate partners donate time and skills in order to provide the management assistance that many charitable projects lack. Robin Hood also acts as a fundraising arm, securing donations from corporate backers.
Robin Hood's books are balanced. The company takes in substantially more than it spends, and 92.4% of donations are used in its programs. Primarily a fund-raising and resource-marshalling organization, Robin Hood does not have income earning activity of its own. The major challenges going forward will be to maintain donation levels as corporate backers suffer the economic downturn. Robin Hood has a financial cushion to deal with some downturn in donations, but will likely also need to lean more heavily on securing management assistance in lieu of financial donations in order to maintain its effectiveness. Robin Hood still has a sound managerial approach as its main assets. This appeals to corporate backers and allows them to be more efficient than other organizations. It can leverage this to win more corporate backers, who will relate better to the Robin Hood approach than the approach of other similar fundraising organizations. Robin Hood is not a social enterprise. They are a fundraising and resource provider for social enterprises, but they themselves are not one. They are a facilitator of social enterprise.
Social Enterprise What is meant by the term 'social enterprise' and what do social enterprises contribute to society and the economies in which they operate? The acceleration with which the world is changing day by day is continuous. A majority of organizations that have a motto of 'not-for-profit' are looking out for prospects with the help of which they can begin or widen their projects in order to get their missions fulfilled
Much likes business however, an opportunity must be identified, resources gathered, and utilized in the most efficient manner. Unlike traditional business, the major motive for social entrepreneurs is not that of profit, but instead that of "social value creation." A social entrepreneur that has been instrumental in furthering the industry and its efforts is Dr. Abraham M. George. Dr. George is the founder of The George Foundation, whose sole purpose
It appears that workgroups have a strong impact on the behaviour of the individuals within them as the workgroup sees a strong demand for something in the marketplace and works toward supplying it (Zahra, Nielsen & Bogner, 1999). It is quite likely that others in their workgroup will all go along with this issue even if many of them have not considered entrepreneurship before (Zahra, Nielsen & Bogner, 1999).
Lack of rewards for individuals, unintended rewards for loafing: Having some individuals who are collectively-minded paired with workers with a 'what's in it for me' attitude can result in the more generously spirited workers' good will being relied up, while others take credit. A five best practices 1. Create a common work culture: Friends are often less likely to 'socially loaf' on work teams (Kunishima & Welte 2004). 2. Using dispersed teams with
Social Entrepreneurship Give a man a fish and you feed him for a day. Teach a man to fish and he can feed himself for life. How could you put this principle into practice through the development of a social entrepreneurship venture? Development of Social Entrepreneurialism Corporate Social Responsibility Externalities Social Inequality Social Entrepreneurship and Food Social entrepreneurship was introduced in the 1970s to address the issue of social sustainably and the term "social entrepreneur." This analysis
Social & Ethical Issues in Management Brief Background/History of Corporation Epitech is a technology company that creates and develops software for administrative use for other corporations. The company was founded in the year 2009 and has since then grown to become one of the renowned software technology companies in the region. The headquarters of the company is situated in the state of Virginia. The company is best known for its Omega software