University of Macau Library

Author: O’Higgins, Eleanor；Zsolnai, Laszlo
Title: Progressive business as social business innovation
Journal Name: The Journal of the Macau Ricci Institute
Pub. Info: Jun. 2018, No. 2, pp. 47-57
Link: http://mrijournal.riccimac.org/articles/issue_02/MRI_Journal_Issue_Two.pdf
Abstract: This paper presents a series of brief case studies of exemplary companies identified as progressive businesses, understood as ecologically sustainable, future-respecting and pro-social enterprises. These companies follow progressive business practices and embrace social innovation methods in their business models. They represent a range of industries including ethical and sustainable banking, artisan coffee production and distribution, insurance, clean technology, retailing, and consumer goods. The analysis of these cases is meant to show readers that social innovation is practical for businesses seeking to flourish in the 21st century. These enterprises featured here may help to dramatize the contrast with many mainstream establishments whose business models inhibit socially and environmentally sustainable practices. Paragraph Headings: 1. Progressive business for sustainability 2. Progressive companies 3. Key features of progressive business 3.1. Exponential 3.2. Sustainable/circular/frugal 3.3. Embracing paradox 3.4. Integration 3.5. Socially oriented 3.6. Stakeholder oriented 3.7. Committed leadership 4. Conclusion