Learning Opportunities

 

The Hybrid Ideal: Combining Nonprofit and For-Profit Models

ike hybrid species in nature, hybrid organizational models—ones that combine elements of for-profit and nonprofit organizations—can be a fountain of innovation. But hybrid organizations also face distinct challenges that may prevent them from thriving. When organizations combine social mission with commercial activities, they create unfamiliar combinations of activities that require a supportive environment. Hybrids also must strike a delicate balance between social and economic objectives, to avoid a focus on profits to the detriment of the social good.

To better understand hybrids, a team from Harvard Business School and Echoing Green, a nonprofit with a 25-year record of supporting early stage social entrepreneurs, reviewed more than 3,500 Echoing Green Fellowship applications. The research—part of the first large-scale, quantitative research study of nascent social entrepreneurs—resulted in some surprising findings. For example, over the last five years, applications from organizations that combined earned and donated revenue grew significantly: In 2010 and 2011, almost 50 percent relied on hybrid models vs. 37 percent in 2006. These entrepreneurs sought to address social issues in fields as diverse as health care, economic development, environment, education, housing, culture, law, and politics.

Learning Provider: Stanford Social Innovation Review

Opportunity Type: Webinar

Category: Planning, Execution, Planning and Organization, Management Skills, Management & Governance, Change Management, Strategic Thinking, Visioning, Innovation & Creation, Big Picture Thinking, Self-Awareness, Self-Initiative, Self-Awareness & Development

Region: Cal, Edm, S, CE, CW, NE, NW

Start Date: N/A

End Date: N/A

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Location:

This is a pre-recorded online webinar. Please see the below link for more information regarding online registration. 

Registration/More Info: http://https://video.webcasts.com/events/pmny001/viewer/index.jsp?eventid=43204

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