Lecture 12 - Transformation: Digitalization and Change Management

Question 1

What type of social enterprises do you know? Explain them roughly! (4)

Answer 1

• Market Hybrid
• Blending Hybrid
• Bridging Hybrid
• Coupling Hybrid

Social enterprises are businesses that prioritize social goals alongside profits.

Question 2

Explain Market Hybrid,
type of social enterprises! (3)

Answer 2

Creates a market for goods or services, with social or environmental benefits

• product or service with automatic value spill-over
• pure commercial model

Question 3

Explain Blending Hybrid,
type of social enterprises! (3)

Answer 3

Combines social or environmental goals, with traditional business practices

• commercial offerings with additional interventions
• eg. education, social organizations

Question 4

Explain Bridging Hybrid, type of social enterprises! (2)

Answer 4

Creates partnerships & collaborations,
between the public, private, and social sectors

• Business model: Innovation, like complementary needs matching for integration

Question 5

Explain Coupling Hybrid, type of social enterprises! (2)

Answer 5

Combines different forms of ownership & governance to achieve impact

• value spill-over doesn’t happen automatically
• Most complex to manage, demanding constant balance of attention and resources.

Question 6

How do you call a strategy, which employs, ..

• differentiation,
• cost leadership,
• focus?

Answer 6

Hybrid strategy