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Dacey Rankins

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2024-12-24 13:13:30 -

How Do I Align Business Strategy with Organizational Goals?
One of the most important tasks for any organization is ensuring that its business strategy is aligned with its organizational goals. The success of a company depends not only on the quality of its strategy but also on how well that strategy is integrated with the company’s mission, vision, and values. Achieving consistency between the business strategy and organizational goals ensures...

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Dacey Rankins

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2025-04-15 21:29:29 -

Are All Companies Social Enterprises?
As businesses increasingly promote their sustainability efforts and social values, it’s easy to assume that every company striving to “do good” qualifies as a social enterprise. But is that really the case? No, social enterprises are distinct in that their primary goal is to address societal or environmental issues, setting them apart from traditional businesses focused...

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Dacey Rankins

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2025-04-15 21:20:38 -

Do Social Enterprises Make a Profit?
When people hear the term social enterprise, they often wonder: is it a charity, a business, or something in between? One of the most common questions is whether social enterprises actually make a profit—and if so, what they do with it. The Short Answer: Yes, But With a Purpose Yes, they operate as businesses and generate profits, but these profits are reinvested to advance their social...

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Dacey Rankins

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2025-04-15 21:23:38 -

How Are Potential Profits Used in a Social Enterprise?
Social enterprises are built on the idea that business can be a force for good. Unlike traditional for-profit companies that aim to maximize returns for shareholders, social enterprises prioritize mission over money—while still recognizing the importance of profitability. But how are those profits used once they’re earned? Reinvesting in Impact Social enterprises generate revenue...

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Dacey Rankins

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2025-04-16 17:11:35 -

How Can One Start a Social Enterprise?
Starting a social enterprise is an exciting and impactful way to address critical social or environmental issues through business. Unlike traditional companies, social enterprises aim to create lasting change while maintaining financial sustainability. But how do you actually get started? It begins with purpose, planning, and persistence. 1. Identify a Pressing Issue The foundation of every...

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Dacey Rankins

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2025-08-05 15:08:35 -

What Are the Company's Core Values and Mission?
Every successful organization is built on a foundation of purpose and guiding principles. A company’s core values and mission act as its internal compass, shaping decisions, driving behavior, and creating alignment across teams. While the mission defines what the organization exists to do, core values reflect how it goes about doing it. What Is a Mission Statement? A mission statement...

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Dacey Rankins

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2025-04-14 13:56:15 -

What Is a Social Enterprise?
In today’s world, more businesses are being built not just to generate profit—but to make a real difference. These mission-driven organizations are known as social enterprises, and they’re redefining what it means to do business with purpose. What Exactly Is a Social Enterprise? A social enterprise is a business that prioritizes addressing social or environmental issues...

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Dacey Rankins

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2025-08-05 15:01:32 -

What Is Company Culture?
Company culture is more than just casual Fridays or team lunches—it's the invisible engine that drives how people behave, communicate, and collaborate within an organization. It shapes every interaction, decision, and policy, and ultimately determines how a company operates, grows, and retains talent. Defining Company Culture At its core, company culture refers to the values, beliefs,...

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Dacey Rankins

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2025-04-16 17:06:58 -

What Is the Difference Between Corporate Social Responsibility (CSR) and Social Enterprise Operations?
In today's business world, addressing social and environmental issues has become more than just a trend—it's an expectation. Two popular approaches organizations use to engage in positive impact are Corporate Social Responsibility (CSR) and social enterprise operations. While both aim to benefit society, their core motivations, structures, and operations are fundamentally different....

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Dacey Rankins

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2025-04-16 17:09:40 -

What Legal Structures Are Suitable for a Social Enterprise?
Choosing the right legal structure is a critical decision for any social enterprise. Unlike traditional businesses or nonprofits, social enterprises occupy a unique space—striving to achieve both financial sustainability and measurable social or environmental impact. The ideal legal structure depends on several factors, including the enterprise’s mission, funding model, and regional...

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