Muhammad Yunus, the practical visionary who pioneered microcredit and won the 2006 Nobel Peace Prize for his world-changing efforts, here develops his revolutionary concept that promises to redeem the failed promise of free enterprise: social business. Designed to fill the gap between profit-making and human needs, social business applies entrepreneurial thinking to problems like poverty, hunger, pollution, and disease, creating self-supporting enterprises that create jobs and generate economic growth even as they make the world a better place. Partnering with some of the world’s greatest corporations, Yunus and his Grameen Bank have already launched several social businesses that are addressing challenges like malnutrition, lack of potable water, and endemic illness in Yunus’ homeland of Bangladesh, while other organizations around the world are developing their own experiments in social business. In this book, Yunus traces the development of the social business idea and explains its lessons for entrepreneurs, social activists, and policy makers, and offers practical guidance for those who want to create social businesses of their own.

Over the last few decades, free markets have swept the globe and brought positive change. Nevertheless, traditional capitalism cannot solve problems of inequality and poverty because of its view of people as one-dimensional beings concerned only with profit. In fact, human beings have many other drives and passions, including spiritual, social, and altruistic.

Welcome to the world of social business, where the creative vision of the entrepreneur is applied to today''s most serious problems: feeding the poor, housing the homeless, healing the sick, and protecting the planet. Creating a World without Poverty tells the stories of some of the earliest examples of social businesses, including Yunus'' own Grameen Bank. It reveals the next phase in an economic and social revolution that is already underway and in the worldwide effort to eliminate poverty by unleashing the productive energy of every human being.

Over the last few decades, free markets have swept the globe and brought positive change. Nevertheless, traditional capitalism cannot solve problems of inequality and poverty because of its view of people as one-dimensional beings concerned only with profit. In fact, human beings have many other drives and passions, including spiritual, social, and altruistic.

Welcome to the world of social business, where the creative vision of the entrepreneur is applied to today''s most serious problems: feeding the poor, housing the homeless, healing the sick, and protecting the planet. Creating a World without Poverty tells the stories of some of the earliest examples of social businesses, including Yunus'' own Grameen Bank. It reveals the next phase in an economic and social revolution that is already underway and in the worldwide effort to eliminate poverty by unleashing the productive energy of every human being.

Nonprofits and the social sectors are taking on an increasing share of the world''s most vital work. Make sure your organization is ready for the challenge.

If you read nothing else on nonprofits and the social sectors, read these 10 articles. We''ve combed through hundreds of Harvard Business Review articles and selected the most important ones to help you align your organization''s mission and strategy, deliver immediate impact, and create lasting change.

This book will inspire you to:

This collection of articles includes "Lofty Missions, Down-to-Earth Plans," by V. Kasturi Rangan; "What Business Can Learn from Nonprofits," by Peter F. Drucker; "Life''s Work: An Interview with Desmond Tutu"; "Are You Solving the Right Problem?" by Dwayne Spradlin; "Life''s Work: An Interview with George Mitchell"; "Enterprising Nonprofits," by J. Gregory Dees; "Life''s Work: An Interview with Wynton Marsalis"; "State Street''s CEO on Creating Employment for At-Risk Youths," by Joseph Hooley; "Life''s Work: An Interview with Salman Khan"; "Do Better at Doing Good," by V. Kasturi Rangan, Sohel Karim, and Sheryl K. Sandberg; "AEI''s President on Measuring the Impact of Ideas," by Arthur C. Brooks; "Life''s Work: An Interview with Michelle Bachelet"; "The New Work of the Nonprofit Board," by Barbara E. Taylor, Richard P. Chait, and Thomas P. Holland; "Life''s Work: An Interview with Bill T. Jones"; "Reaching the World''s Poorest Consumers," by Muhammad Yunus, Frederic Dalsace, David Menasce, and Benedicte Faivre-Tavignot; "Life''s Work: An Interview with Muhammad Yunus"; and "Audacious Philanthropy: Lessons from 15 World-Changing Initiatives," by Susan Wolf Ditkoff and Abe Grindle.

Muhammad Yunus, the practical visionary who pioneered microcredit and won the 2006 Nobel Peace Prize for his world-changing efforts, here develops his revolutionary concept that promises to redeem the failed promise of free enterprise: social business. Designed to fill the gap between profit-making and human needs, social business applies entrepreneurial thinking to problems like poverty, hunger, pollution, and disease, creating self-supporting enterprises that create jobs and generate economic growth even as they make the world a better place. Partnering with some of the world’s greatest corporations, Yunus and his Grameen Bank have already launched several social businesses that are addressing challenges like malnutrition, lack of potable water, and endemic illness in Yunus’ homeland of Bangladesh, while other organizations around the world are developing their own experiments in social business. In this book, Yunus traces the development of the social business idea and explains its lessons for entrepreneurs, social activists, and policy makers, and offers practical guidance for those who want to create social businesses of their own.

Over the last few decades, free markets have swept the globe and brought positive change. Nevertheless, traditional capitalism cannot solve problems of inequality and poverty because of its view of people as one-dimensional beings concerned only with profit. In fact, human beings have many other drives and passions, including spiritual, social, and altruistic.

Welcome to the world of social business, where the creative vision of the entrepreneur is applied to today''s most serious problems: feeding the poor, housing the homeless, healing the sick, and protecting the planet. Creating a World without Poverty tells the stories of some of the earliest examples of social businesses, including Yunus'' own Grameen Bank. It reveals the next phase in an economic and social revolution that is already underway and in the worldwide effort to eliminate poverty by unleashing the productive energy of every human being.

Over the last few decades, free markets have swept the globe and brought positive change. Nevertheless, traditional capitalism cannot solve problems of inequality and poverty because of its view of people as one-dimensional beings concerned only with profit. In fact, human beings have many other drives and passions, including spiritual, social, and altruistic.

Welcome to the world of social business, where the creative vision of the entrepreneur is applied to today''s most serious problems: feeding the poor, housing the homeless, healing the sick, and protecting the planet. Creating a World without Poverty tells the stories of some of the earliest examples of social businesses, including Yunus'' own Grameen Bank. It reveals the next phase in an economic and social revolution that is already underway and in the worldwide effort to eliminate poverty by unleashing the productive energy of every human being.

Nonprofits and the social sectors are taking on an increasing share of the world''s most vital work. Make sure your organization is ready for the challenge.

If you read nothing else on nonprofits and the social sectors, read these 10 articles. We''ve combed through hundreds of Harvard Business Review articles and selected the most important ones to help you align your organization''s mission and strategy, deliver immediate impact, and create lasting change.

This book will inspire you to:

This collection of articles includes "Lofty Missions, Down-to-Earth Plans," by V. Kasturi Rangan; "What Business Can Learn from Nonprofits," by Peter F. Drucker; "Life''s Work: An Interview with Desmond Tutu"; "Are You Solving the Right Problem?" by Dwayne Spradlin; "Life''s Work: An Interview with George Mitchell"; "Enterprising Nonprofits," by J. Gregory Dees; "Life''s Work: An Interview with Wynton Marsalis"; "State Street''s CEO on Creating Employment for At-Risk Youths," by Joseph Hooley; "Life''s Work: An Interview with Salman Khan"; "Do Better at Doing Good," by V. Kasturi Rangan, Sohel Karim, and Sheryl K. Sandberg; "AEI''s President on Measuring the Impact of Ideas," by Arthur C. Brooks; "Life''s Work: An Interview with Michelle Bachelet"; "The New Work of the Nonprofit Board," by Barbara E. Taylor, Richard P. Chait, and Thomas P. Holland; "Life''s Work: An Interview with Bill T. Jones"; "Reaching the World''s Poorest Consumers," by Muhammad Yunus, Frederic Dalsace, David Menasce, and Benedicte Faivre-Tavignot; "Life''s Work: An Interview with Muhammad Yunus"; and "Audacious Philanthropy: Lessons from 15 World-Changing Initiatives," by Susan Wolf Ditkoff and Abe Grindle.