All social entrepreneurship projects share one underlying characteristic: hybridity. Pursuing social goals with business means in order to maximize impact and sustainability, or doing business in a socially responsible manner in order to increase the reputation of a company and engage talented employees, there are different mixes and combinations along what is sometimes called the hybrid spectrum. This episode examines a few hybrid organizations and strategies, looking at the opportunities, and dangers, of “the hybrid spirit”.
With the participation of:
Laurence Lehmann-Ortega, affiliate professor at the Ecole des Hautes Etudes Commerciales in Paris.
LINKS, REFERENCES, FURTHER DISCOVERIES
Yunus, Muhammad; Moingeon, Bertrand; and Lehmann-Ortega, Laurence (2010) “Building Social Business Models: Lessons from the Grameen Experience”, Long Range Planning International Journal of Strategic Management n.43, pp 308-325.
Haigh, Nardia and Hoffman, Andrew J. (2012): “Hybrid organizations: The next chapter of sustainable business”, Organizational Dynamics n. 41, pp 126-134.
Friedman, Milton “The Social Responsibility of Business Is to Increase Its Profits” New York Times Magazine, September 13, 1970.
To learn more about “the hybrid spectrum”, take a look at this blogpost.