Author Archives: SEI at Northeastern

How to Build Financially Sustainable Social Enterprises

Tra­di­tional busi­nesses find a path to finan­cial sus­tain­abil­ity by grow­ing their rev­enue, improv­ing their gross and oper­at­ing mar­gins, increas­ing their free cash flow, effi­ciently man­ag­ing both cap­i­tal expen­di­tures and work­ing cap­i­tal, and build­ing their asset base. Achiev­ing these finan­cial per­for­mance indi­ca­tors typ­i­cally result in easy access to financ­ing and higher stock prices.

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SEI Congratulates the Huntington 100

President Aoun meets the Huntington 100, photo taken by Brooks Canaday (Northeastern)

Pres­i­dent Aoun con­grat­u­lated Northeastern’s Top 100 Seniors and Juniors after the Aca­d­e­mic Con­vo­ca­tion on Thurs­day, April 18th. SEI sends our con­grat­u­la­tions to these out­stand­ing stu­dents in recog­ni­tion of their ser­vice and con­tri­bu­tion to the NU com­mu­nity and beyond. The Hunt­ing­ton 100 is a pres­ti­gious honor awarded to stu­dents that have been nom­i­nated by fac­ulty, staff, and peers.

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March Social Enterprise Lecture Series: Translating Evidence into Action

On Wednes­day March 20th the Social Enter­prise Lec­ture Series wel­comed Angela Ambroz of the Latif Jameel Poverty Lab (JPAL) and Heather Lan­thorn of Inno­va­tions for Poverty Action (IPA) to dis­cuss pol­icy dri­ven by evi­dence and the use of the sci­en­tific method to mea­sure the impact of poverty inter­ven­tion initiatives.

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Alumnus Update: Finding a Path to an Impact Investing Career

Not more than three years out of col­lege, Myles Lutheran already has had a num­ber of excit­ing oppor­tu­ni­ties in the Social Enter­prise sec­tor, not the least of which includes his cur­rent place­ment in Kenya with a devel­op­ing social enterprise.

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Panera Cares Cafés: Inviting Dr. V for Lunch!

Panera Cares 2

Along comes Ron Shaich, founder and co-CEO of Pan­era Bread, and most recently the cre­ator of Pan­era Cares cafés. Pan­era Bread is among the most valu­able pub­licly traded restau­rant com­pa­nies, with more than 1,600 restau­rants and a mar­ket cap­i­tal­iza­tion of more than $5 bil­lion. Pan­era Cares looks and feels a lot like Dr. V’s Indian eye care hos­pi­tals, adding an inno­v­a­tive new twist to the idea of cor­po­rate social responsibility.

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Social entrepreneurship vs. traditional entrepreneurship

In our lat­est research that appeared in the Jour­nal of Social Entre­pre­neur­ship, Chan­tal Har­tog (Panteia/EIM Busi­ness and Pol­icy Research, The Nether­lands), Brigitte Hoogen­doorn (Eras­mus Uni­ver­sity, The Nether­lands) and myself explored the dif­fer­ences between social and com­mer­cial entre­pre­neur­ship from an orga­ni­za­tional per­spec­tive. Indeed, the con­cur­rent social and finan­cial value cre­ation is likely to result from inno­v­a­tive busi­ness mod­els and sus­tain­abil­ity strate­gies that might dif­fer from com­mer­cial ones. How­ever, empir­i­cal stud­ies to date have tended to focus on a given set of (usu­ally suc­cess­ful) social entre­pre­neurs and omit con­trol groups. Indeed, despite grow­ing atten­tion and recog­ni­tion of the social entre­pre­neur­ship phe­nom­e­non, the related research field is still in its infancy, char­ac­ter­ized by a mod­est base for the­ory build­ing and test­ing pur­poses and a lim­ited num­ber of empir­i­cal stud­ies, mostly designed as case studies.

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