Along with other charities in Hong Kong, SOW Asia took a break during COVID.
We were able to rejuvenate our programs starting with this fireside chat and business competition.
Thank you to Mrs. Regina Ip 葉劉淑儀, along with Professor Tim Cheng from The Hong Kong University of Science and Technology - HKUST.
What many investors are looking for nowadays is beyond mere monetary gains, investors want to invest in something in return for more than numbers, but quantified impacts. The Annual Impact Investor Survey 2018 from Global Impact Investing Network estimated that $228 billion have been invested in impact, doubles the previous year. But if you have a good idea to serve the society for the better, would you have the courage to start a social enterprise when you know the above amount of impact investment?
Creating Shared Value is a concept originated from Harvard business review article called “Strategy & Society” by Harvard Business School professor Mark E. Porter and entrepreneur Mark Kramer in 2006. The concept revolves around businesses using innovation to focus on increasing the economic value for the company as well as fulfilling societal needs in order to achieve success and legitimacy within societies. Companies need to identify and cater to pressing social issues while maintaining profits and maintaining trust within the society as companies are dependent on each other and the society to mutually succeed.
