Search Of Noble Organizing : A Study On Social Entrepreneurship

Ethics is the guiding force in any respectable organization. With a moral compass, especially in the leadership of organization, a company can become compromised and fall into a quagmire of legal issues, a tarnished reputation, and devaluation of company stock if it is a publically traded company. In pursuit of examine my own ethical lens I will analyze the ethical traits of an admired leader, my own traits as exhibited in the Ethical Lens Inventory, and how I make a decision concerning a particular ethical dilemma.

Collins and Porras (1996) states that when organizations provide a vision for its management and employees as a whole, its vision should provide guidance about what core to preserve and what progress to be made in the future (p. 78). Nonetheless, when understanding the purpose of organizations providing a vision, I found that it is important to acknowledge that a vision consists of the major components of Core ideology and Envisioned future. First, Collins and Porras (1996) states that the major component of Core ideology helps organizations defined its vision by organizations acknowledging what they stand for and why they exists in society overall. Second, Collins and Porras (1996) states that the major component of Envisioned future entails what organizations aspire to become, achieve, and create (p. 78). Furthermore, the Envisioned future of organizations also aspire them to acknowledge the significant change and understand the progress

Every business develops a set of ethical principles that they abide by. The business ethical principles intentions: it construct the business certainty in the community , maintain the employees liveried in what the business attempt to have as structural conducts and aid the employees consume principles to make ethical choices that guards the business. In a culture with a diverse assessment structure and augmented judgment visibly by companies with changeable ethics and interests, there appears to be further difficulties on business individuals to make tougher ethical assessments. In our day-to-day performances, we depend on on our ethical principles to monitor us in the correct path and do the correct things. The substance of any efficacious and perpetual business is they segment a mutual ethical matter concentrating on presenting and generating value along with allocating their business values with the citizens they network with on a day-to-day basis.

Social entrepreneurship which has been applied in so many different ways by so many different analysts that it’s depth of vast complexity is still being unraveled and it seems it is still in infancy. It is a multi-interpretable concept and although the use of the term is widespread its use is either overrated or misused. Hence, it is important to firstly understand what social entrepreneurship really is.

(Abeng, 1997) supports the idea that in this world everyone has a set of ethics that they believe in a follow. Leading the business successfully is a complex matter as it involves various life cycle which may sometimes lead the business even to fail. There is no second thought that business that every business has been introduced in the society to earn profit and serve its society in each and every possible way. In the world of business, there are many people who extremely value their religious belief and follow them in each and every possible way. They too have a strong believe that if business is done with a pure heart without any selfishness then things will automatically be easy. There is no doubt that the culture or ethics followed by the business reflects the kind of work the business is doing. As,

A compass is a navigational device that points the operator in a preferred direction, whereas a moral compass refers to the moral direction of the individual. A moral compass is something everybody has and lives by. It helps assist in formulating decisions, and is based on morals and virtues. Good managers need a strong moral compass to have the ability to influence others to follow suit, and do the right thing. My personal moral compass is directed by foundational influences, sources, beliefs, and an analysis of the moral philosophies I follow. Just like the cardinal compass, an individual’s or organization’s moral compass must be consistent. Factors such as moral intensity, education, nationality, age, and control help construct an individual’s ability to recognize and manage ethical issues. In this essay, I will describe the formative influences and sources that have generated my sense of ethics, my beliefs regarding what constitutes business’ social responsibility, an analysis of which moral philosophies I follow, and my stage of Kohlberg’s cognitive moral development.

Coblentz stated in his paper that there are 3 main aspects in the organizational sustainability. In the film Ocean’s 11, analyzed below, the connection between the team’s actions and Coblentz aspects were mostly easy to find. Coblentz aspects included having a mission and well thought out plans, being able to be proactive as well as flexible, and a strong management process. He mentioned the an organization was sustainable when: 1) The Leader has a clear vision and is committed to the mission 2) Staff rally around the leader 3) Staff feel that their commitment to the mission is rewarded 4) Morale is high, generally a feeling that problems are challenges that can be overcome with the unity of the purpose 5) Leadership is to act ethically (Coblentz,

Civic entrepreneurs are helping communities cooperate to compete in the information age coming from all experiences of life and a new gener¬ation of leaders who forge new, powerfully productive connections at the center of business, government, education, and community. These entrepreneurs have much to teach us about building vital and strong economic communities in raging times and in the process, restoring civil so¬ciety from the very roots. They help communities to collaborate, organize and develop their economic assets and to build productive, tough relationships across the public, private, and civil divisions that misrepresent the ties that bind economy and community for their shared benefits. The provision of the continuity of work on tough issues and continue working overtime is a trait of a civic entrepreneur.

The nonprofit sector is gaining popularity around the world and for a very good reason. It employs nearly 2 million people and there are roughly 162,000 nonprofit organizations. There are many categories of the nonprofit sector, but during this paper, we are going to concentrate on the social enterprise aspect. Social enterprises can take form of 4 different structures. Social enterprises can take the form of a registered charity, A NPO, A for profit organization, or a hybrid organization. Throughout this paper, we will discuss and inform the reader on : what a social enterprise is, an example of a social enterprise, what are the advantages

What other organizations, programs, or businesses are addressing the same problem your social venture intends to address? How is your social venture unique? What opportunities are there for collaboration or partnership?

What sort of brands come to mind when talking about popular restaurants, clothing chains, airline travel, grocery shopping locations, or online stores? Chances are Chipotle, The North Face, REI, Southwest Airlines, Trader Joe’s, Costco, and Amazon all find their way into the conversation. What makes these companies so successful, even though many of them seem to rely on selling high priced goods? The answer is Conscious Capitalism. Conscious Capitalism is the new social entrepreneurship strategy that combines purpose and profit together to produce businesses that serve customers, communities, employees, and shareholders. Conscious Capitalism centered businesses will outperform businesses of similar purpose and size that do not practice Conscious Capitalism, and accelerator curriculums that promote Conscious Capitalism will produce more successful companies. In addition, it makes sense and is advantageous to expand these ideals to second-tier economic cities in order to promote growth.

According to (Young, 2008) “A social enterprise is thought to be something new and something distinct from classical business and traditional non-profit activity, combining at different extents elements of the social purpose, the market orientation and financial performance standards of business”. When looking at starting up a social enterprise there are important points that need to be looked at the help ensure the enterprise is successful.

To understand the core objective, core objective has been divided into sub categories such as, Layers of the organizational culture, How culture embedded in Membership, How culture embedded in Rules and Regulations, How culture embedded in their decision making procedure, Leadership in the Association, Leadership role in creating, developing and changing culture, Long term oriented culture and Innovative activities.

Business ethics and values are closely related, their effect and application in business activities correlate and they make one to ask very important questions that may or may not guide an individual in an organisation to make an ethical decision.

How can an LEDC sustain its business endeavours in a morally ethical way? This essay will examine the moral ethical principles of an LEDC and the perspective its entrepreneurial endeavours and the difficulties in applying sustainable and ethical business practices. An LEDC is an abbreviation for (less economically developed country. An LED is a country that lacks in financial resources that makes it a struggle in any sustainable economic growth. The backbone of an LEDC relies on its agriculture and civilian labour as opposed to industrial organisations. The effects of this requires the country to produce more raw materials. Some qualities of an LEDC are, inadequate national health, infant mortality, shorter life expectancy, and lower