The concept of a “social business” brings a larger benefit to many people through its design to be not only self-sustaining, but to invest all the return back into the business. (“A World of Three Zeros, the New Economics of Zero Poverty, Zero Unemployment, and Zero Net Carbon Emissions, by Dr. Muhammad Yunus, winner of the Nobel Peace Price for Economics.)
By being responsible to the people who work in the business and to their beneficiaries, i.e. the people they serve, they are able to progress more freely.
They are able to put everything they earn to expand and improve their outreach.
With attention directed purely to their business goals, the best interests of the business to serve its clientele are foremost.
There is no outside investment force which has to be placated.
There is no remote financial interest which influences how the business is run.
Workers are governed by the motive of carrying out their highest actions to serve their purpose in the best way.
Everything works from within the business.
A “social business” may still be run in all other aspects as a for-profit business, but the profits are turned inward to increase the effectiveness of the business.
It is not a co-operative where each employee has one vote, but decisions which are made affect the welfare of the business, not the investors.
When adjustments are needed in order to serve the clientele better, they come from within the company.
Because the goals are to serve the community better, it has a more peaceful relationship within the culture of the company.
There is no pressure for a higher return on investment in and of itself.
There is a goal of increased earnings in order to provide increased service.
The peaceful relationship within and without is an important and worthy contribution.
It creates a different atmosphere which is more uplifting and beneficial to everyone.
© 2019 Kathryn Hardage
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