Social Enterprise Development for Social Welfare Foundation:Child Welfare League Foundation Case Study
Date Issued
2013
Date
2013
Author(s)
Yao, Wayne
Abstract
Government, private enterprises and non-profit organizations as the three sectors constitute today''s society, and form a comprehensive network to ensure the coverage of the public interest and the welfare of the community. Taiwan''s welfare system has been much improved, non-profit social welfare groups play an important role in today''s public social services.
Operation of social welfare groups have primarily backed-up by Government grants and private contributions, but in recent years Taiwan under the influence of the financial crisis, slow economic growth seems to have become the norm, cutting back the private donations and Government grants. Social welfare groups have to think about creating its own financial income and social enterprises seems a reasonable choice, and therefore become a global trend.
However, where is the profit, there is a risk. Studies have indicated that only one-third of social enterprises could make profit, Taiwan’s ratio is even lower to 20%. So the major task for a social welfare organizations in developing its own social enterprises, is to minimize the risk while maximize the profit.
There are many study literature available on social enterprise, but limited on the literature of social welfare organization engaged in social enterprise, and even less on the literature of how the social welfare organizations could create a profitable and sustainable business model for its social enterprises.
In chapter II of this study, it is discussed the financial difficulties of the social welfare organization and the social enterprises as a solution, exploring what kind of social enterprise and business models are adequate for social welfare organizations, and how to make necessary organizational change to improve its organizational capabilities competence in developing its own social enterprises, following with appropriate implementation steps to form a complete set of strategies. In the chapter four of this study, it analyzes the real case of Child Welfare League Foundation against the theory as set out above, the conclusions reached in chapter fifth could be as a good reference of decision model for Taiwan social welfare organizations in developing its own social enterprise.
Operation of social welfare groups have primarily backed-up by Government grants and private contributions, but in recent years Taiwan under the influence of the financial crisis, slow economic growth seems to have become the norm, cutting back the private donations and Government grants. Social welfare groups have to think about creating its own financial income and social enterprises seems a reasonable choice, and therefore become a global trend.
However, where is the profit, there is a risk. Studies have indicated that only one-third of social enterprises could make profit, Taiwan’s ratio is even lower to 20%. So the major task for a social welfare organizations in developing its own social enterprises, is to minimize the risk while maximize the profit.
There are many study literature available on social enterprise, but limited on the literature of social welfare organization engaged in social enterprise, and even less on the literature of how the social welfare organizations could create a profitable and sustainable business model for its social enterprises.
In chapter II of this study, it is discussed the financial difficulties of the social welfare organization and the social enterprises as a solution, exploring what kind of social enterprise and business models are adequate for social welfare organizations, and how to make necessary organizational change to improve its organizational capabilities competence in developing its own social enterprises, following with appropriate implementation steps to form a complete set of strategies. In the chapter four of this study, it analyzes the real case of Child Welfare League Foundation against the theory as set out above, the conclusions reached in chapter fifth could be as a good reference of decision model for Taiwan social welfare organizations in developing its own social enterprise.
Subjects
社福機構
社會企業
商業模式
組織變革
SDGs
Type
thesis
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