Kate Emery: Social Enterprise - The Fourth Sector

Monday, July 16, 2012

Social Enterprise - The Fourth Sector

Heerad Sabeti - Cofounder at Fourth Sector Network explains clearly and in detail what social enterprise is, and the challenges we face in moving the compass. A great article!
http://ow.ly/cgP8Q

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About Kate

Founder and CEO of The Walker Group, a professional Technology Services firm, I am eager to explore ways that we can tweak the game of business so that it more happily reflects our human values and needs.

Business is a powerful force in our world and can be a force for good, contributing rather than extracting.

We can change the rules because we've seen that they are no longer working and continuing the status quo is not only foolish but dangerous.

It's a rapidly changing world and old models don't work as well as they once did. And yet there are exciting opportunities today to make big changes that wouldn't otherwise be possible.

In the process of transitioning The Walker Group to a social enterprise Kate started reSET (SocialEnterpriseTrust.org) to help advance the social enterprise sector. reSET has been working ever since to build the social enterprise ecosystem in Connecticut.

Proud to be BEST in Class

The BEST Business Model is written into our Articles of Incorporation and is part of our DNA.

Balanced - Profit is a measurement of health. We measure our success by how much we contribute. We also want to be a great place to be and grow. We want to have fun. And we want to make a positive difference in the world.

Ethical - Integrity is the foundation of our reputation, driving our strategic decisions through to our day to day actions.

Sustainable - For our business to flourish we realize our need to behave responsibly with the long term in mind.

Transparent - If you'd have a hard time explaining what or why you do what you do, to your children or your mother, then you probably shouldn't be doing it!

We have been three times listed on the Inc. 5000 list of fastest growing private companies, and we believe much of our growth can be traced to our commitment to the BEST model. We formalized this structure in 2005, which included re-writing our articles of Incorporation, establish rules for among other things, transparency, limiting executive pay, and a requirement that any distributed profits be split equally between staff, investors, and the community.