A MESSAGE FROM THE PRESIDENT

By Alfred Wise

President, Community Wealth Ventures
 

"For every complex problem, there is a solution that is simple, neat -- and wrong."
H.L. Mencken
 

"Listen buddy, if I could tell you in a minute what I did, it wouldn't be worth the Nobel Prize."

Richard Feynman, when asked by the press to give a brief account of quantum electrodynamics for which he won the 1965 Nobel Prize


We increasingly aim for easy answers, a “Social Enterprise for Dummies” approach to growth. Growing any business is complex and nuanced; growing a social enterprise can be downright Herculean. But many successful social entrepreneurs have beaten a path to success from which we can all learn. In this issue of Vanguard, we investigate some of the key approaches that go into formulating and executing a successful growth strategy. We look at the example of the Girl Scouts, which illustrates the important role of customer engagement. We delve into competitive analysis and partnership strategies as two avenues that can help you advance your financial and social objectives. Finally, we turn to expert advice from the Calvert Foundation for a self-assessment tool on capital readiness, and to Koya Consulting to highlight tactics for securing the human talent necessary to grow. While no silver bullet exists, we offer a few proven means of addressing growth strategies for successful social entrepreneurs.

We would love to hear your thoughts or comments. Please write us with your ideas at vanguard@communitywealth.com.

Alfred
 

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“Growing any business is complex and nuanced; growing a social enterprise can be downright Herculean.”