CHAPTER 5

Society and Global Business Synergy

This chapter discusses social business modeling and role of transformational leadership in the context of profitability and growth. Social enterprises aim to create both social and financial values, through the people-led business models that allow sustainable growth. These enterprises innovate their business models through multiple activities over time and tailor them to produce social and financial values. In addition, this chapter exhibits synergy pyramid comprising interconnectivity among planning, customer, and strategic alliances. The social consciousness in business has also been discussed in this chapter as an ecosystem of inclusive business, which helps firms tackling poverty and inequality ...

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