SOCIAL ENTREPRENEURSHIP BLOG

      My project is focused on a Non Governmental Organization called the Innercity Mission. It is a non for profit whose headquarters are in Lagos, Nigeria, but also operates internationally in over 70 countries worldwide. The InnerCity Mission was founded by Pastor Chris Oyakhilome, President of Loveworld Incorporated. It is a faith based organization which focuses on providing amenities to children who are unable to afford them.       They provide a range of amenities which include food, water, healthcare services, shelter and education services. Through a highly developed network of donors and sponsors, the InnerCity Mission has also built serveral hospitals and schools in underdeveloped parts of Nigeria which are free access to families who are unable to afford the services of other private or public schools and hospitals.

 WEEK 1: STRATEGIC PLANNING ASSIGNMENT Basic Draft Concept Nike is an American multinational corporation that specializes in the designing, manufacturing and marketing of footwear, apparel, sporting goods and equipment all around the world. They were founded in 1964, under the name of Blue Ribbon Sports, Inc, util the name was officially changed to Nike in 1971. Recognized worldwide, Nike operates in more than 120 countries and as of May 31, 2022, they operate a total of 1046 retail stores worldwide. Nike boasts the largest revenue in its industry of sporting goods with more than a reported $37.4B reported in 2020. Its closest competitor, Adidas, could only manage $11.15B.   Although a recent scandal in 2021 which involved the distribution of “Lil Nas X satan shoes”, caused a dent in the brands reputation, the brand immediately confirmed that they were not involved in the creation and distribution of the shoes and filed a trademark lawsuit against its promoters, “MSCHF” in order to pr

      WHAT IS SOCIAL ENTREPRENEURSHIP Social entrepreneurship refers to the study and research of opportunities that seeks to solve market problems in the world through social, economic and cultural business strategies. 

WHEN FACED WITH SO CALLED PROGRESSIVE BUSINESSES, STAY SKEPTICAL RESPONSE      The general idea of the article explains how although progressive businesses may provide an avenue for the development of progressive social change within our society and economy, they are not a substantial solution.      The article highlights the tension between two business models known as the “classical business creed” and the “managerial business creed”.  Economist Milton Friedman sought out to fortify the classical business creed which values the core features of a capitalist system which are commonly known for land ownership, competition within a free market and more.      The general idea of the article hints that even though progressive businesses may improve the wellbeing of stakeholders, only the government can provide long term sustainable plans that target the welfare of all citizens.      I believe there is some truth to the notion that progressive businesses. My view on a majority of modern pr

 HOW SOCIAL ENTREPRENEURSHIP REPRESENTS AGENCY IN A CAPITALIST ECONOMY The concept of a capitalist system typically revolves around free market and private property within the market. Although these factors create innovation within the market, they also tend to create inequalities. Social entrepreneurship seeks to solve inequalities and market problems through the operations of an enterprise. these enterprises may provide goods or services to individuals or communities who do not have access to it within the free capitalist market. Already there is a sense of a general incompatibility between both systems. The general idea is that the governments part in a capitalist system is not very well sustained which is where social entrepreneurship as an agency to play the role of the government within the market comes in.