scholarly journals Investment in Microenterprises for Scaling up Business Growth: Evidence from Social Business Project

Author(s):  
Farhana Ferdousi ◽  
Parveen Mahmud
Author(s):  
Farhana Ferdousi ◽  
Parveen Mahmud

Purpose of the study: The objective of the study was to investigate scaling up strategies of social business projects in order to create sustainable livelihood among the beneficiaries. Methodology: Qualitative research design was found suitable for this study. A case study method was applied through pursuing face-to-face interviews. Seven social business learning and innovation (SBLIF) projects of Grameen Telecom Trust (GTT) have been selected purposively for the analysis. Main Findings: Findings get evidence of organic growth, collaboration, and dissemination strategies to create impact over sustainable living. Through organic growth, social businesses were generating employment opportunities for communities’ people and enhancing their livelihoods. Collaboration with GTT provided social businesses with access to financial and network resources which helped them to serve disadvantaged, rural, endogenous, and climate-vulnerable people. Disseminations of livelihood strategies helped producers and inhabitants to achieve sustainability in many areas. Social Implications/Applications: Social business, a social purpose-driven business, is attracting worldwide attention for its impact on sustainable living through reducing poverty, inequality, unemployment, and negative environmental impacts. But to create more impact on sustainable livelihood, scaling up the social business organization itself is mandatory. This study could be a guide for social business entrepreneurs and policymakers to advance sustainable livelihoods. Originality/Novelty of the Study: Most of the research uses the term social business as a wider concept which mostly relies on philanthropic-funds. This study focuses on a unique type of social business organizations who are not expected to rely on such philanthropic-funds rather have to cover operating costs which make these businesses a new kind of learning for all social entrepreneurs. 


Author(s):  
Uppuluri Sirisha ◽  
G. Lakshme Eswari

This paper briefly introduces Internet of Things(IOT) as a intellectual connectivity among the physical objects or devices which are gaining massive increase in the fields like efficiency, quality of life and business growth. IOT is a global network which is interconnecting around 46 million smart meters in U.S. alone with 1.1 billion data points per day[1]. The total installation base of IOT connecting devices would increase to 75.44 billion globally by 2025 with a increase in growth in business, productivity, government efficiency, lifestyle, etc., This paper familiarizes the serious concern such as effective security and privacy to ensure exact and accurate confidentiality, integrity, authentication access control among the devices.


Author(s):  
Bryan Howell ◽  
Curt Anderson ◽  
Nile Hatch ◽  
Chia-Chi TENG; ◽  
Neal Bangerter ◽  
...  

Over that last few decades there has been a significant rise in interest for design-led entrepreneurship and innovation. This has brought about the need to expand on the principles and methods of human-centred design by incorporating knowledge from multiple disciplines, such as management, business, and entrepreneurship studies. This expansion aids designers, engineers, and marketing practitioners who strive to create innovative, meaningful and relevant services, business models and experiences. More often than not, ventures operate under very limited resources, and practitioners are often required to fulfil several roles. The concept of ‘multidisciplinary teams’ widely spread in this sphere often bears little resonance in these contexts. Designers possess valuable competencies that can have a significant impact on the venture, especially driving user and context-centred strategy and processes for the introduction, legitimization and scaling-up stages. However, engaging with these areas of practice requires skills and capacities that overlap traditional disciplinary roles. In doing so, the boundaries between design and engineering, branding and communications, cultural and behavioural insight, marketing and management strategy are blurred. As educators in design innovation, how do we explore, define and balance interdisciplinary relationships between design, engineering, management, business and entrepreneurship theories, methods, language and models of education? The purpose of the entrepreneurship in design education track is to discuss methods, models, case studies, research, insights and unexpected knowledge in benefits and limitations of design entrepreneurship education. In particular, the three papers presented in this track demonstrate different approaches to entrepreneurship and design education.


2020 ◽  
Vol 29 (2) ◽  
Author(s):  
Alcantara Carmona ◽  
Perez Redondo ◽  
E Coll ◽  
B Dominguez ◽  
Rubio Munoz
Keyword(s):  

2014 ◽  
Vol 1 (1) ◽  
pp. 35-45
Author(s):  
Fenty Simanjuntak ◽  
Bobby Suryajaya

Many banks are looking for a better core banking system to support their business growth with a more efficient and flexible core banking system to improve their sales and services in the competitive market and to fulfill regulatory requirements. The decision of replacing the legacy core banking system is difficult due to the high IT investment cost required for banks because they are also trying to cut costs. But maintaining the legacy system is costly in terms of upgrade. Changing the core banking system is also a difficult process and increases risks. To have a successful Core Banking System implementation, risk assessment is required to be performed prior to starting any activities. The assessment can help project teams to identify the risks and then to mitigate the risks as part of the plan. In this research the Core Banking System replacement risks were assessed based on ISACA Framework for IT Risk. Fourteen risk scenarios related to Core Banking System Replacement were identified. The high and medium rated inherent risks can become medium and low residual risk after assessment by putting the relevant control in place. The result proves that by adding mitigation plan it will help to mitigate the Residual Risk to become low risk. There are still three residual risk which categorized as medium risk and should be further mitigated they are Software Implementation, Project Delivery and Selection/Performance of Third Party Suppliers. It is also found that COBIT 5 has considered some specific process capabilities that can be used to improve the processes to mitigate the medium risks.


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