Doing Business with a Mission
Speakers: John Boatright, Ph.D. and Rebecca Hamilton
Date: Tuesday, March 21, 2017
Time: 8 a.m. Registration and Continental Breakfast, 8:15 a.m. Program Begins
Location: New Hampshire Institute of Politics (NHIOP)
Keynote: The Promise and Perils of For-Profit Social Enterprise, John Boatright, Ph.D.
Social enterprise is a recent development in which organizations seek to provide welfare benefits in a businesslike manner. Although many social enterprises are traditional nonprofits, some have adopted the for-profit form in order to realize their social mission more effectively. As for-profit businesses, social enterprises must compete successfully in a crowded market with traditional nonprofits and government welfare services, in addition to standard for-profit companies. This presentation provides an economic analysis of the market opportunities for pursuing a social mission in the for-profit form and a legal analysis of the governance problems confronting for-profit social enterprises.
B Corps: Creating Benefit for All, Rebecca Hamilton, Co-Owner and VP of Research & Development, W.S. Badger Company
B Corps are businesses that strive to balance profits with a social mission. While mission-driven businesses are certainly not new, the certification helps to provide a common language and a set of best practices that businesses can use to benchmark and improve their social and environmental initiatives. B Corp values, such as being a force for good and an agent of positive change in the world, have always been part of Badger's vision and mission. Becoming a certified B Corp in 2011 gave Badger a verifiable way of demonstrating its commitment to always doing what's right for people and the planet. In 2014, Badger took their commitment to doing good in the world a step further, helping to pass Benefit Corporation Legislation in NH and then becoming one of the first NH businesses to register as a Benefit Corporation. Today, Badger is part of a global community of 1700+ certified B Corps using business as a force for good.
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