Social enterprise is not just about giving money to struggling or up-and-coming companies. Social enterprise is an opportunity for individuals and organizations across the globe to reach out to those trying to make in impact in the business world. The UN may be a large and influential organization, but funding them fully would not necessarily nullify the significance of social enterprise. There are thousands of kinds of companies that strive to solve a variety of problems in society. What social enterprise offers is the opportunity for passionate people from all over the planet to contribute their experience, wisdom, and resources to organizations that they feel provide value. This passion is what truly leads to success in these companies. Solving problems and developing effective strategies for businesses is not a one-time payment; rather it is an involved and complicated affair that requires commitment by both parties. Initiatives like the Arc Initiative provided by Sauder illustrate that solutions are really found in knowledge and education, and collaboration with professionals and those experienced in particular fields can prove invaluable for small businesses. By spreading business knowledge to companies like Salem’s Ethiopia and Shego Shera Eatery, the Arc Initiative and many other social enterprises have shown their ability to change lives and the overall quality of life throughout the world.

As Brodie described in his blog post regarding the coalition of companies striving to combat climate change, corporate social responsibility and consideration of overall ethical values in business can help shape the overall global presence of a company. As shown by the companies involved in the agreement to ultimately put an end to deforestation across the globe, businesses have more responsibility and can have more impact in the world beyond just making profit. These companies, while creating a strong brand image and appealing to more customers through their stance on social and environmental crises, are making a statement and creating movements for social and cultural progress.

Global climate change is not only an issue that affects a certain region or a certain group of people; rather it is an issue that affects the global population. Therefore, it is essential for those with the power to communicate and market ideas throughout the world to work towards change. Companies are platforms that allow for efficient communication to a larger audience, without the divisions of politics that governmental entities face. Therefore, while making profits, companies can also use their power and influence to create shared value in their communities and the world as a whole.

As the article in the Washington Post mentioned, Whole Foods has recently been forced to improve its business model canvas in order to appeal to more of the ever-growing customer segment that seeks a healthy, natural product. The problem for Whole Foods is not the growth of the health foods industry, but rather the increasing rivalry within the industry as larger grocers begin offering more natural and high-quality alternatives. Whole Foods experienced more growth in past years because there was a lower concentration of competitors, and since the concentration has increased recently, they have experienced slower growth. However, I believe that this poses as a challenge and an opportunity for Whole Foods. In the past they have merely served as a supplementary grocer for those who seek high quality in certain products. Therefore, as larger grocers with a greater variety of low-cost products begin offering similar products to Whole Foods, customers will see no advantage in shopping for those products at Whole Foods. This has, in turn, brought Whole Foods to consider expanding its accessibility and moving farther away from its previous specialty-store status. With its efforts to lower prices, Whole Foods is essentially modifying its value proposition to attract more customers and become more appealing to those who wish to purchase all their groceries in one location and who also value a high-quality, natural product.

McDonald’s has faced adversity in past years, since public awareness regarding obesity and ethics in the food industry has increased significantly. Thus McDonald’s has been forced to shift strategy and adapt to a value proposition that focuses more on the quality of the product.

I agree with the comments that Charmian Ho made in her blog, and see this change as an opportunity for McDonald’s to expand their customer segment and appeal to those who have adopted a diet that not only calls for a product with exceptional taste, but quality ingredients. In the past, the value propositions for many fast food restaurants, not only McDonald’s, focused on serving customers what they craved with expedient service. Recent years have challenged this strategy, however, as obesity rates have soared and the practices of the food industry have become disturbingly transparent.

Not only has McDonald’s value proposition changed, however, but their channels as well. They have also begun to reach out people directly via the internet to gain information regarding the preference of their customer segment. Through these changes, McDonald’s has shown an incredible ability to evolve and suit the changing needs of their modern customer while maintaining the integrity of their business as a whole.

The article, “India’s first female bank CEO aims to develop country’s economy,” from The Globe and Mail, truly illustrates the importance of having a powerful and driven manager. Chanda Kochhar, since taking over as CEO of ICICI Bank, has clearly defined her goals and strategies for growth, while describing her hopes regarding the banks potential influence in India’s overall standard of living. Her goals are not simply quantitative; rather they mainly concern expansion and increasing influence over India’s entire economy and rural, downtrodden areas. Instead of pursuing merely single objectives, she plans to improve the company as a whole in order to achieve a greater global status and build a stronger relationship with other countries and India’s own people. These strategies not only promote growth within the company, but social growth as well. This shared value is a key component of ICICI’s success and a true indication of Ms. Kochhars strength as a manager. She is not simply content to focus on the success and proliferation of the bank, but of the people ad country it serves as well. She is driven by the power to influence and has shown her aptitude for achieving goals. The fact that she happens to be encouraging women to pursue positions of power in business is just the cherry on top.