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Building Social Business

Muhammed Yunus

ISBN 10: 9845060110 / ISBN 13: 9789845060110
Published by University Press Ltd ,Bangladesh, 2010
Condition: Good Hardcover
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Bibliographic Details

Title: Building Social Business

Publisher: University Press Ltd ,Bangladesh

Publication Date: 2010

Binding: Hardcover

Book Condition:Good

About this title

Synopsis:

Social Business is a visionary new dimension for capitalism,developed by Muhammad Yunus, the practical genius who pioneered microcredit and, with his Grameen Bank, won the 2006 Nobel Peace Prize.By harnessing the energy of profit-making to the objective of fulfilling human needs,social business creates self-supporting, viable commercial enterprises that generate economic growth even as they produce goods and services that make the world a better place. It works because social business targets business opportunities neglected by traditional profit-maximizing companies, and invests any profits not in rewarding shareholders but in extending the ambition of the business. It is, in this way, not-for-shareholder capitalism. In this book, Yunus shows how social business has gone from being a theory to an inspiring practice, adopted by leading corporations including BASF, Intel, Danone, Veolia, and Adidas, as well as entrepreneurs and social activists across Asia, South America, Europe, and the United States. He demonstrates how social business transforms lives; offers practical guidance for those who want to create social businesses of their own; explains how public and corporate policies must adapt to make room for the social business model; and shows why social business holds the potential to redeem the failed promise of free-market enterprise.

About the Author:

MUHAMMAD YUNUS was born in Bangladesh, educated at Dhaka University, and studied economics at Vanderbilt University on a Fulbright scholarship. He is the founder and director of Grameen Bank. He and Grameen Bank were awarded the 2006 Nobel Peace Prize, and he received a Presidential Medal of Freedom in 2009. He is also the author of Banker to the Poor and Creating a World without Poverty.

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