On the flipside of this scenario, are the organisations and institutions that continue to flourish, grow, and apparently seamlessly morph into hybrids and different types of organisations where profit is not the only driver. A closer look at them reveals that far from undergoing huge make-overs they have in fact made clever adjustments based on key insights about their place in the world and how they want to engage and interact with it. For many such businesses, these adjustments have stemmed from the need to stay competitive, genuine curiosity and a desire to understand how they impact and serve their communities. Social entrepreneurs are well placed to answer some of these questions and help implement and refine the processes required to reach these new operating frameworks.
As a Canadian, I am passionate about our country’s role in philanthropic efforts. But the unfortunate truth is that sustaining philanthropic efforts is very challenging, especially during economic downturns. While it’s part of daily life for Canadians to give to charitable organizations, it’s the easiest thing to cut back on when the economy turns bad. And during such difficult economic times, governments are also forced to cut back, and charities are then left ill-prepared to sustain themselves.
Today, government and humanitarian organizations, and entrepreneurs are trying to change the dependency charities have on personal donations and the government. Now, we are seeing the popularization of a newer model — the social enterprise. It is in this new model that other challenges Canada is currently facing may find some resolution.