If the United Nation is fully funded, we will need the Arc or social enterprise because they provide an opportunity for social entrepreneurs, who are mission driven, ambitious individuals, to tackle social issues and create changes in the world, including developing countries such as Ethiopia, South Africa, etc.

Image Source – UBC News

In my opinion, I see the Arc initiative as a creator. It creates leaders of the future, entrepreneurs who sees and seizes opportunities and with their skilful business talents, they can make ideal projects a reality. Social entrepreneurs are crucial in our society because they seek global issues, develop ideas, and initiate changes in the world. Even if the United Nations has capital, they cannot efficiently utilize the capital without a venture to invest in. They need social entrepreneurs to innovate and create solutions to global problems first and then fund the ideas.

I know that not every person is a social entrepreneur. We need to seek them out in the majority and support them in becoming true entrepreneurs to better support the society. The Arc initiative can recognize social entrepreneurs and allow them to contribute their ambitious selves to developing countries and foster relationships with other mission driven individuals. Overall, entrepreneurs strive for global changes in order for economic expansion and they are an essential factor in our societies today.

Reference

“What Is Social Entrepreneurship?” Skoll World Forum on Social Entrepreneurship. Web. 9 Nov. 2014. <http://skollworldforum.org/about/what-is-social-entrepreneurship/>.

“Sauder School of Business.” The Arc Initiative. Web. 9 Nov. 2014. <http://www.sauder.ubc.ca/Global_Reach/ARC_Initiative>.

“Upward Arc.” UBC News. Web. 9 Nov. 2014. <http://news.ubc.ca/2014/06/30/upward-arc/>.

Image Source – tangoo.ca/concierge/

To briefly summarize the main points of Kimberly’s post “Tangoo bounces back stronger than ever”, she talked about Tangoo’s comeback as a pocket concierge. According to post, Tangoo is a Vancouver based company that launched as a dinner planning company but the strategy with pre-booking restaurants was soon met with a dilemma. Cancellations and signing up problems arose and has caused Tangoo to turn over their entire strategy board.

After reading Kimberly’s post, I recall lesson 18 where the Sauder alumnus came to share their success stories, with Paul Davidescu among them. I agree with Kimberly’s point of view as I am just amazed at how entrepreneurs, such as Davidescu, can “spring from anything”, as Kimberly has said. I’m interested in how they pursued such innovative ideas like a pocket concierge app but more amazed and inspired at their overall stories to success. Going back to Tangoo, I believe that this app is not very useful to me as I have my own preferences on dinner venues. To me, not only the mood has to be right but also the place, price, type of food, recommendations from friends, etc. I am not saying that Tangoo is not a making the right decision with the pocket concierge app. I do believe there is a vast market for this creative app but personally, I like the traditional way of deciding a dinner place; reviews from friends and past experiences as I am a loyal customer to a limited number of restaurants.

Click here to read article on Globe and Mail

Image source – notable.ca

Reference

Kroeker, Jeff. “Dinner Planning Company Re-emerges Overnight as Pocket Concierge.” The Globe and Mail. 3 Oct. 2014. Web. 8 Nov. 2014. <http://www.theglobeandmail.com/report-on-business/small-business/sb-managing/leadership/dinner-planning-company-re-emerges-overnight-as-pocket-concierge/article20898113/>.