Social Enterprises and Fundraising Challenge

Abstract

Evolving markets challenge the organization's ability to react to customer demand. Decision-making becomes paralyzed by process-based operations and chains of command and control, thereby decreasing agility. Many organizations today are also facing significant demographic challenges. Baby boomers, once the lifeblood of business, are retiring while Generation Y wants to communicate and interact in a completely different manner. There may be four generations in the modern workplace, and each has its unique traits and demands. There is growing complexity both inside and outside the organization. Organizations need to understand complexity instead of simply increasing complication. The growth of interest in this area is closely related to the fact that social enterprises constitute the fastest growing category of organizations in the USA and to the fact that universities and business schools around the globe are currently involved in various education programmes in social entrepreneurship and social enterprise.