Analyzing the Success of Social Enterprises: Critical Success Factors Perspective
The increasing awareness in recent decades of the potential contribution of social entreprises to the economy and society is hardly surprising in view of the growing number of third-sector organizations, namely, the segment of the economy that is made up of neither public nor business concerns. Despite growing interest in social entrepreneurship and social economy, the literature in this topic is still fragmented, especially little research was done on critical success factors (CSFs) of social sector organisations. The basic goal behind any action undertaken in an organization management is the will to achieve success. Critical (or key) success factors are the organization’s resources, competence and qualification that create its competitive advantage on a particular market at a given time, and are able to determine its possible future success. The aim of this article is to identify critical success factors of the of social enterprises operating in social setting in Poland. An exploratory qualitative field study included 300 respondents representing different social ventures operating in the Silesia region. The study demonstrates ten variables as contributing to the success of the social enterprises: (1) strong leadership; (2) motivation and commitment of employed people; (3) enabling legal/regulatory environment; (4) attractiveness and clarity of innovative concept; (5) management expertise; (6) key personal qualities for front line service delivery; (7) effective collaboration with public sector; (8) social capital; (9) local community involvement; and (10) keeping and distributing accurate financial records.
|This chapter was published in: Martyna Wronka , , pages 593-605, 2013.|
|This item is provided by ToKnowPress in its series Active Citizenship by Knowledge Management & Innovation: Proceedings of the Management, Knowledge and Learning International Conference 2013 with number 593-605.|
|Contact details of provider:|| Web page: http://www.toknowpress.net/proceedings/978-961-6914-02-4/|
When requesting a correction, please mention this item's handle: RePEc:tkp:mklp13:593-605. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Alen Jezovnik)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.