BUS 374 W08 Reflection Social Innovation and Cooperative Social Responsibility.

 For week 8, our class learned about social innovation and cooperative social responsibility.


CSR is a recent concept within social innovation. This concept is based on the idea of a 'triple bottom line' and it focuses on people, the planet, and profit.


Cooperative Social Responsibility suggests in order to make all parties happy, make enough income and protect our planet we have to invest equally in people, profit, and the planet. 


We also learned about in order to achieve innovation organization we must have institutional listening skills, we must pay attention to the exceptional, design real solutions for real people and remember to focus on human qualities. These four keys make it possible for social innovators to understand who they serve, find the root cause of the problem, and find a simple solution.  


A response to a specific reading video, or activity. For instance, did something spark interest, surprise, anger, inspire, or confuse you?


I remember the news about the criticism of TOMS and how it was socially irresponsible with their mission to give a pair of shoes away in the name of charity for every pair of shoes that were purchased. It makes sense on charitable-based economies aren't sustabile. It takes away local businesses and it can weaken the economy it is trying to help. 


Respond to the Week 08 prompt:

Why do you think CSR has become more popular in recent years?

Cooperative Social Responsibility or CSR has become popular in recent years because of instant communication all over the world, more people have been researching businesses and what kind of business practices and the impact they have on the planet.

Comments

Post a Comment

Popular posts from this blog

BUS 374 W06 Reflection Raising Captial

 The main topic of this week is that we learned that funding is the most difficult and most common obstacle to social innovation. Many NGOs (nonprofit organizations) have failed in the past to make revenue, therefore relying more on government grants and private donations. It is crucial these organizations find a better way of raising capital so they can keep their NGOs up and running for a very long time. I felt that Michael Porter's TED talk on how we should let corporations solve massive social issues such as clean water, job skills, and hunger was very interesting. I also agree with Mr. Porter's comment that "when a business solves a problem, it makes a profit which lets that solution grow."   Does money buy happiness? Can money change the world? Explain. I cringe at this question because instinctively I want to say "No." But in reality, money can bring security, food, housing, and healthcare which can bring people happiness knowing that they will be oka...
Read more

BUS 374 W07 Reflection Business Model and Lean Start Up

 In week seven we learned about how new business models and lean startups. A lean start-up is a method for developing businesses and their products. New social ventures also implement these methods.  We learned that the business model canvas is a visual chart that can help new businesses and those that are established being about to document their finances, infrastructure, their value propositions, and the demographics of their customers. When this is properly used, it can be a powerful tool in assisting social entrepreneurs in creating maximum impact through social innovations. It is amazing how many different organizations that can make a positive change for our planet through the gift of social innovation.  How can sharpening your business skills help you help others? What skills are most important? If you have the right skill set, especially in the world of business it can help not only you but the others around you through social innovation and this can be possible w...
Read more

BUS 374 W05 Reflection Solution & Impact Evaluation

 Reflection Solution & Impact Evaluation In this week's class, we have been studying solution and impact evaluation. We've learned why it's important to measure impact so we can see whether an organization is fulfilling its mission or not. It's a way to see if the organization is successful.  I really enjoyed watching the video "Lasting Impact" by Kevin Star. He was discussing how to analyze organizations on which ones are the most capable of making the most changes. He spoke about three principles which are "Know your mission. Measure the right thing. Measure it well. It's important to know if the organization is making any progress and if the process can be measured and evaluated. If we can measure the right things we can get accurate results and therefore be able to fulfill the mission.  I found the reading assignment very fascinating and the reason why is even though I am familiar with the story of the boy throwing the starfishes back into the...
Read more