Tag Archives: Social

Muhammad Yunus – The Social Business Model

Posted on November 27, 2010 by


Complete video at: fora.tv Muhammad Yunus, Nobel Peace Prize winner and founder of The Grameen Bank, explains his “social business” model, a plan for addressing social issues through entrepreneurship. This program was recorded in joint collaboration with the Commonwealth Club of California and Link TV. —- Muhammad Yunus, Nobel Peace Prize winner and founder of The Grameen Bank, speaks about his new book Creating a World Without Poverty. Muhammad Yunus is founder and managing director of the Grameen Bank, established in Bangladesh in 1983. Dr. Yunus founded the bank with the objective of helping poor people escape from poverty by providing loans on terms suitable to them and by teaching them a few sound principles of finances so they can help themselves. The Grameen Bank has advanced to the forefront of a burgeoning world movement toward eradicating poverty through micro-lending and its model has been replicated in over 100 countries worldwide. In 2006, Dr. Yunus was awarded the Nobel Peace Prize for his work with the Bank.

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The Impact On Small Business Strategy By Social Media

Posted on November 6, 2010 by

As technology advances and effect the business environment, small business strategy has taken on a whole new meaning. In the past small business strategy was focused on the growth of local businesses and looking for clientele in a very small area of coverage. The introduction helped to increase the idea of small business strategy as businesses began to expand outside of their local limitations into a a lot more regional spectrum and in some situations a nationwide growth. Further recognition of the web in reference to social media networks created an even new small business strategy that has assisted a business of any size compete with the larger firms and their million dollar advertising campaigns.

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Corporate Social Responsibility in Website Development and Business Process Outsourcing

Posted on July 17, 2010 by

Corporate social responsibility is the buzz word in big business. In this age of environmental awareness and people empowerment, corporations are expected to behave ethically, uphold environmental sustainability, help combat poverty and support social justice. The public has learned to demand this in exchange for corporate existence.

Although it is also true that many companies get away by paying mere lip service to corporate social responsibility, a lot of other companies have found it profitable to actually do the right thing. As more and more people are becoming socially responsible themselves, companies that “go green” or use sustainable technologies in producing environmentally safe products are gaining increasing numbers of loyal customers. From hybrid cars to green home cleaning solutions to natural makeup, products that save the earth are becoming the choice of many consumers.

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Social Media In Financial Services 2010 – Aarkstore Enterprise Market Reserach Report

Posted on June 30, 2010 by

Introduction

Fast paced advancements in web technology and the rise of social media have now given vast amounts of power to the consumer, which has huge implications for acquisition and retention. This report dispels some myths commonly held by FS providers surrounding social media’s reach, purpose and value, and also highlights the dangers associated with a lack of adoption.

Scope

*Using extensive secondary and primary research, recent trends in social media and consumer appetites for its use in the FS space are identified

*Identification, and in-depth analysis, of assumptions commonly held by FS providers regarding social media’s reach, purpose and value

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Social Media and Financial Services ? Best Examples

Posted on May 10, 2010 by

Traditionally the financial sector leads technology innovation and used to invest huge sums in systems and software. Looking at the engagement rate of social media and the adoption of multichannel approaches it seems this industry is not yet embracing social media marketing (see graphic below)  - was it hit too hard by the credit crunch? Obviously there’s room to improve when it comes to engaging socially with customers or community building since many participants in that market are perceived rather monolithic and imposing as opposed to caring and engaging. Caused by the economic crisis in particular Banks also deal with trust issues which probably accelerate a change towards an opening to social media in the  future.

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