By Cathy Clark and J. Gregory Dees
From starting-up through scaling, social entrepreneurs are constantly redesigning their business models to increase their financial stability, efficiency and ultimate impact. Building on their global study of social entrepreneurial business models, the authors offer lessons about the best ways to navigate the redesign process. Successful change is less about new funding strategies than about core operating decisions. Operations will drive the funding needs and opportunities. And these business model choices will in the end determine scalability, enhancing or limiting the potential for widespread impact.