Bob Prenovost, who is the Managing Principle at Propeller Advisors, joined us on our Strategy & Leadership Podcast to explain the strategic benefits of social enterprises. While we commonly think of a social enterprise as being either a non-profit or a not-for-profit organization, a social enterprise can also be a for-profit company that is committed to a social cause, whether it be for example humanitarian or environmental. Regardless of the sector, Propeller Advisors' mission is to help organizations become social enterprises.
We asked Bob why organizations might be interested in becoming social enterprises, especially non-profit organizations who might be struggling to retain funding. He explained that government and donor funding is increasingly limited, and not guaranteed, and the continuous search for funding may take more resources and output than income generated in the end.
Learn about his best practices for strategy and leadership. See the full post here: https://www.smestrategy.net/blog/how-to-become-a-social-enterprise-interview-with-bob-prenovost
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