Kyle Zimmer, President and Chief Executive Officer, First Book and Kristine Pearson, Founder and CEO, Lifeline Energy, discuss the real power of social entrepreneurs, but as it enters its fourth decade, "the field of social entrepreneurship is at a crossroads."
Zimmer and Pearson provide insight on the market failures in the social sector. They recommend to examine the field and identify the challenges that hold back social entrepreneurs, then develop and implement solutions to propel collective work forward.
The authors also share six of the many obstacles hindering progress in the social sector.
These include:
- The structure of the sector does not promote innovation
- The sector does not have consistent access to capital
- Complex agendas
- Non-transparent reporting
- The media loves new non-profits
- Social sector leaders struggle with burnout
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Spotlight
The Bill & Melinda Gates Foundation has pledged $50 million to support emergency efforts to contain the threat caused by Ebola in West Africa.