Innovations in Corporate Social Impact: Solving Business Challenges with Social Entrepreneurship
ONE WORLD’s fourth annual Innovations in Corporate Social Impactprogram will focus on how organizations are solving their business challenges by partnering with social enterprise start-ups.
Companies of all types are taking a fresh look at the broader impact of their work- how their employees, customers, and their communities are impacted by what and how they produce. While increasingly desirable for leaders to make sure their company has a positive societal impact, it is not often clear how that is done at scale, especially in a way that supports the business goals and financial targets.
Enter social entrepreneurship.
One of the most rapidly growing areas within the field of entrepreneurship is that of for-profit social entrepreneurship- innovative, for-profit businesses designed to simultaneously drive a social or environmental impact. The Bay Area is fortunate to be home to the largest concentration of these for-profit social impact startups, many of which are already collaborating with larger traditional companies who are their customers, suppliers, and go-to-market partners.
The main themes of the program are aligned to key business drivers:
Attracting and retaining talent - Which social enterprises help corporations create a unique employee value proposition and increase employee engagement?
Increasing revenue - How do enterprises partner with social impact start-ups to discover new markets and to speed product development?
Reducing costs - Which social enterprises help their corporate clients reduce costs while simultaneously increasing worker productivity?
Innovative Start-ups - The program provides exposure to dozens of the Bay Area top social impact startups helping mid to enterprise size organizations address core business challenges in a way that is profitable, and socially impactful.
Participants - Attendees from a variety of corporate functions, including executive office, product and service line leaders, Finance, Marketing & Sales, HR and Operations.
Focus - The program is focused on corporate initiatives where both financial and social goals are achieved simultaneously. This is not CSR in the form of corporate philanthropy- we mean business!