Dr. Chris Mason and Professor Joe Barakett have been following and observing social enterprises in Australia for the last year and a half. Through their research they have discovered several key traits to successful social enterprises such as agility and and dynamism, and also touch on the subject of what social enterprise will need in the future to continue to thrive.
Key Takeaways:
- Swinburne researchers has identified agility and dynamism as key factors for the financial success.
- Successful social enterprises show resourcefulness, creativity, agility and dynamism in the way they run their business.
- For the first time, we can fully understand the financial and resourcing challenges facing social enterprises.
“Successful social enterprises show resourcefulness, creativity, agility and dynamism in the way they run their business as they balance the need to achieve social purpose with commercial focus – a recent study has revealed.”
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