2015/05/01 by Filipe Santos, Anne-Claire Pache, Christoph Birkholz · 11 citations
Economics, Econometrics and Finance · Business, Management and Accounting · #Community Development and Social Impact #Service and Product Innovation
paper · doi:10.1525/cmr.2015.57.3.36
Hybrid organizations pursuing a social mission while relying on a commercial business model have paved the way for a new approach to achieving societal impact. Although they bear strong promise, social enterprises are also fragile organizations that must walk a fine line between achieving a social mission and living up to the requirements of the market. This article moves beyond generic recommendations about managing hybrids in order to highlight a typology of social business hybrids and discuss how each of the four proposed types of hybrid organizations can be managed in order to avoid the danger of mission drift and better achieve financial sustainability.