[FRIAM] For Benefit Enterprise

[Ann Racuya-Robbins]

Thanks Mark. This is the kind of organization I am building. Wonderful to
know there is community out there already.

 

BW and Welcome to Friam

 

From: friam-bounces at redfish.com [mailto:friam-bounces at redfish.com] On Behalf
Of M Suazo
Sent: Wednesday, May 21, 2008 5:21 PM
To: The Friday Morning Applied Complexity Coffee Group
Subject: Re: [FRIAM] For Benefit Enterprise

 

Hi Ann,

Google for it with quotation marks ("for benefit enterprise") and you'll
find a few URI's that will give you more information and the web presence
for a fair number of such organizations... without the quotation marks, it's
all about a large software vendor  :-)

From: http://www.fourthsector.net/for-benefit-organizations.php (via links
at http://transforms.net/what_are_for_benefit.html)

"For-Benefits are a new class of organization. They are driven by a social
purpose, they are economically self-sustaining, and they seek to be
socially, ethically, and environmentally responsible. 

Like non-profits, For-Benefits can organize in pursuit of a wide range of
social missions. Like for-profits, For-Benefits can generate a broad range
of beneficial products and services that improve quality of life for
consumers, create jobs, and contribute to the economy. For-Benefits seek to
maximize benefit to all stakeholders, and 100% of the economic "profits"
they generate are invested to advance social purposes. Because of their
architecture, For-Benefits can embody some of the best attributes of other
organizational forms. They strive to be democratic, inclusive, open,
transparent, accountable, effective, efficient, cooperative, and holistic.

For-Benefits represent a new paradigm in organizational design. At all
levels, they aim to link two concepts which are held as a false dichotomy in
other models: private interest and public benefit."

Hope this helps a bit!

Mark 



On Wed, May 21, 2008 at 10:20 AM, Ann Racuya-Robbins <admin at wkbank.com>
wrote:

Steve Guerin,

 

I thought I heard you mention a new kind of enterprise called a "for benefit
enterprise."  Do you have any further information about this or know where
to look to find out more?

 

BW

ARR


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