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The Way Forward: Achieving Socio-Economic Sustainability with SMEs by Benjamin R. Quiñones, Jr. Chairman & President Coalition of Socially Responsible SMEs in Asia (CSRSME Asia). CURRENT SOCIO-ECONOMIC SITUATION.
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The Way Forward: Achieving Socio-Economic Sustainability with SMEs by Benjamin R. Quiñones, Jr.Chairman & PresidentCoalition of Socially Responsible SMEs in Asia(CSRSME Asia)
CURRENT SOCIO-ECONOMIC SITUATION • Global crisis of mainstream economic systems (capitalist & socialist): energy crisis, environmental crisis, food crisis, financial crisis, spiritual crisis marginalization of less developed countries Globalization of poverty: creeping poverty in both developed and less developed countries
CURRENT SOCIO-ECONOMIC SITUATION Systemic limitations of the program-oriented approach and the community development approach. Supremacy of global supply/value chains over communities & nation states
1- the enterprise 2- supply/value chains of enterprises 3- supply/value chains of enterprises + Government (G) + Private corporate sector (C) + Rest of the World (RW) Integrated supply chains of enterprises+ G + C+ RW Mega system Macro system Integration of supply chains of enterprises Focal system Individual Enterprise Building blocks of an economy
1- COMMERCIAL ENTERPRISE (CE): mainly for-profit (single bottom line) 2- SOCIAL ENTERPRISE (SE) : mission-oriented, triple bottom line (social development, environmental conservation, economic sustainability) Integrated supply chains of CE+ G + C+ RW Integrated supply chains of SE + G + C+ RW Integration of supply chains of SE Integration of supply chains of SE Individual CE Individual SE The only difference between CE & SE is the MOTIVATION Two kinds of enterprise in terms of motivation
An economy that pursues the triple bottom line goals of social development, environmental conservation, and sustainability co-created by supply chains of SOCIAL ENTERPRISES & their allies in the country & from the Rest of the World Government, Private corporate sector Rest of the World Integrated SE Supply Chains TRIPLE BOTTOM LINE ECONOMY
SOCIAL ENTERPRISE AS A VEHICLE FOR SOCIO-ECONOMIC TRANSFORMATION OF COMMUNITIES Theme of 3rd ASEF, Kuala Lumpur, October 31-Nov 2, 2011. Cempaka Hotel, Cheras, Kuala Lumpur. Online registration https://sites.google.com/site/scdsef/registration Inquiries at Center for Public Policy Studies, ASLI
Value Chain Development • Social Enterprise Stock Exchange • Fair Trade Market for Social Enterprises STRATEGIES FOR DEVELOPING SOCIAL ENTERPRISES?
Value Chain Development - Cluster approach: consolidation of social capital & finance capital - Economies of scale - Access to resource (expertise, finance, markets, & technology) - Capacity to compete in the market STRATEGIES FOR DEVELOPING SOCIAL ENTERPRISES?
Social Enterprise Stock Exchange • Impact Investment Exchange Asia (IIX) www.asiaiix.com is a Social Enterprise (SE) with a social mission to provide greater access to capital for SEs in Asia-Pacific allowing them to grow more rapidly and expand their impact.
Social Enterprise Stock Exchange • - IIX created IMPACT PARTNERS which introduces impact investors to a select group of pre-screened Asian social enterprises in sectors such as agriculture, clean technology, renewable energy, education, healthcare and microfinance. • Impact Partners is now live at www.impactpartners.asiaiix.com
Fair Trade Market for Social Enterprises Fair Trade is a trading partnership, based on dialogue, transparency and respect, that seeks greater equity in international trade. It contributes to sustainable development by offering better trading conditions to, and securing the rights of, marginalized producers and workers – especially in the South. - World Fair Trade Organization
Fair Trade Market for Social Enterprises Fair trade is an organized social movement & market-based approach that aims to help producers in developing countries make better trading conditions and promote sustainability. The movement advocates the payment of a higher price to producers as well as higher social and environmental standards. In 2008, products certified with FLO international certification amounted to $4.08 Billion, a 22% year-year increase. - Wikipedia
THANK YOU! To gain more information on and contacts with SOCIAL ENTERPRISES, participate in ASEF 2011October 28-November 2, 2011Inquiries @ Center for Public Policy Studies, ASLI