Analysis of Four Articles Concerning Social Enterprise

Reflection Paper
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Module Five. Article 1: Scalise, S. 2018. Social Enterprise in Canada is booming, finally.”
This article by Scalise focuses on the new trend of business known as the social enterprise, in which going into business today is all about making a difference and giving back to the community. Social entrepreneurship has over the years been embraced by entrepreneurs who do business that has a social, cultural, and environmental impact on society. These enterprises are regarded to have a double or triple bottom line in that they are businesses that generate revenue while at the same time adding value to the community they operate in. These businesses are driven by their commitment to social change rather than huge possible profits. Operating in various industries, from health to finance to education, social enterprises are changing how business has been done. The United States and the UK were the initial adopters of this business model, where they recognized the potential of social entrepreneurship to bring positive change in society. As a result, these two countries now have government institutions and bodies that support the growth of social entrepreneurship. Canada was the only country behind in embracing this business model, and it faced criticism in the past for being behind. However, the country is witnessing a huge growth in the development of the sector, and now many businesses are operating with this model. Recognition of social enterprise has been possible in Canada through Media coverage. One woman, Elisa Birnbaum, pioneered the voice for social change by publishing stories relating to social enterprise for almost a decade. Today the mainstream media in Canada is much inclined in publishing social enterprise-related stories. I think the booming of Social Enterprise in Canada is something good for the country, being one of the best countries to live in, it will make it even better.
Module Six. Article 2: Arndt, F. 2020. Coronavirus disruption: A chance for businesses to adapt and renew. The Conversation –Canada. April
The effects of the Covid 19 crisis were unpredictable, and there is nobody who fully predicted the extent of the crisis, especially when it comes to business. However, businesses were hugely affected as the disruption caused by the pandemic changed and is still changing the business landscape. Felix Arndt, in this article, suggests three steps through which business leaders can adapt to the disruption of business by the crisis and how to prepare for the “new normal”. The first step Arndt proposes is to react to the crisis. Business leaders are advised to react immediately to challenges and threats by doing the right thing as per the business’s vision. Businesses should stay true to their vision, make quick decisions, adjusting the decision frequently and transparently. In such disruption, businesses need solutions. The second step is to reassessing long-term plans. Reassessing long-term plans will help businesses build resilience which is valuable during a crisis. In addition, long-term plans will pursue new opportunities that will drive change. As suggested by Arndt, the third step involves...