A Five-Step Process That Can Help Social Enterprises Succeed

Knowledge at Wharton

Episode Description

In their e-book titled, The Social Entrepreneur's Playbook, Ian MacMillan, a Wharton management professor, and James Thompson, director of the Wharton Social Enterprise Program, offer specific suggestions to strengthen the effectiveness of social enterprises. In the second of a two-part interview, the authors discuss how two African social enterprises -- one in the chicken feeds business and the other in the sanitation industry -- used a five-step process to maximize the social and business impact of their operations. 📂 ESG

Brief Summary

Social entrepreneurs must understand beneficiaries' perspectives and cultural contexts to create effective solutions, as discussed by Ma and Jim.

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