Home Wealth Project
Extensive Research On How To Build Wealth From The Comfort Of Your Own Home.
Extensive Research On How To Build Wealth From The Comfort Of Your Own Home.
Sep 6th
| Young Kashmiris use social media to document alleged violence by Indian security forces and gain support for their separatist movement… |
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Aug 6th
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Im seeing it all the time now by Internet Marketers makign their point. Craig Milbourne, Founder, By-Video @comicforhire I think its more the mediums through… |
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Jul 29th
Will small business lift the economy out of recession? Overstock.com CEO Patrick Byrne hopes so, and he’s trying to help. Recently the online discount retailer announced the launch of its “Main Street Revolution Initiative,” an effort intended to increase the visibility of small, local businesses by giving them an avenue for exposure to national markets.
“This represents a grand opportunity for producers and consumers nationwide to participate and contribute to the national recovery effort,” Byrne said in a statement. “Main Street can be the engine that lifts us out of the recession that Wall Street created.”
Targeting small and minority-owned businesses, Main Street Revolution is a partnership with Overstock.com that enables producers of consumer products to sell their products on Overstock.com and O.biz (Overstock.com’s B2B website).
“The point of this program is to sell products we’ve sourced from entrepreneurs around the country,” Byrne said. “By joining our network, small-business owners can reduce their supply chain costs and expand the awareness of their products among a much bigger audience.”
Overstock.com is working with local chambers of commerce to find small-business owners to participate in the program. In addition to helping “homegrown” businesses reach a national audience, the program helps consumers support small businesses they otherwise might never have heard of.
Overstock.com’s site highlights some successful examples of Main Street participants, including a Minnesota gift-basket entrepreneur who sold more than $200,000 in gift baskets in December alone after joining the program; a chocolate manufacturer whose business has grown so much she’s been able to buy new equipment and add new product lines; and a homebased entrepreneur who designs and sells urban-themed T-shirts.
At first, Main Street products will be listed within their appropriate shopping categories on Overstock.com, Byrne explained. As soon as a critical mass of partners is reached, however, their products will be consolidated into a “Main Street” store on the company’s website.
Overstock.com hopes the Main Street Revolution initiative will be as successful as the Worldstock program, which it launched in 2001. As of April, the Worldstock program—which gives global artisans from places like Bali, Columbia, Ghana, Nepal and Thailand the chance to sell their products on Overstock.com—had surpassed $50 million in total payments. It’s also a top tab on the Overstock.com home page.
For more information about participating in Overstock’s Main Street Revolution, go to the Overstock website to view a video. If you’d like to participate or find out additional details, contact mainstreet@overstock.com.
Overstock.com’s Main Street Revolution Initiative Aims to Help Small Businesses
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Jun 27th
| The first trailer from the highly anticipated Facebook movie – which now has a title, “The Social Network” – is as bare-bones as trailers come. |
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Jun 12th
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Join the Social Data Revolution! • http://weigend.com Blippy is a social media sharing site operated from Palo Alto, California by a company of the… |
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Jun 9th
| Thomson Reuters is the… business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and… |
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May 14th
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Socialnomics has just released Social Media Revolution 2, a refresh based on his original video from 2009 that had about 2 million views on YouTube and… |
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May 13th
Companies have been quietly embracing sustainability for years. Organic Valley ditched Wal-Mart as a customer in 2004 to maintain a livable wage for its farmers. Nike welcomes criticism of its offshore factories–and uses it as a catalyst to change factory conditions. IBM uses online crowdsourcing for its innovations.
The Responsibility Revolution: How the Next Generation of Businesses Will Win is full of engaging case studies like the ones above. Written by Seventh Generation CEO Jeffrey Hollender and veteran business writer Bill Breen, The Responsibility Revolution examines corporate responsibility in real world terms.
Through company stories, the book shows you what companies have done to successfully foster corporate responsibility (CR) and sustainability. You learn the six principles that work, as well as some that don’t (greenwashing, for example).
Rather than detailing CR’s “marketing pap,” as some books do, the Hollender and Breen show you what it takes to create an authentic, sustainable, collaborative corporation. Companies can use the principles mentioned above as guiding lights for the journey from profit monger to conscious corporation.
Inside the Book
The Responsibility Revolution starts by defining exactly what its namesake, the responsibility revolution, actually is. Then, the book dives into six “core principles” that it claims are the best way to help evolve responsibility. These are mission, collaboration, transparency, authenticity, community, and consciousness.
Each chapter covers a core principle. First, you learn why mission is important, and what a mission-driven company looks like. Next, the book covers how to build a community inside of your company.
The meaning and implementation of transparency follow, courtesy of Timberland, Patagonia, and Novo Nordisk case studies. After that, you learn how to cultivate authenticity instead of greenwashing. Next come collaboration and crowdsourcing, with an emphasis on how turning consumers into contributors gives companies a competitive advantage.
At the end, a lengthy Seventh Generation case study shows you what a corporate consciousness is, and how to create it. They bring the term “conscious corporation” down to earth, insofar as that’s possible. The book leaves you with a provocative question: “What does the world most need that you are uniquely able to provide?”
Thoughts
The Responsibility Revolution’s diverse, insightful company stories are its real strength. Each helps you comprehend the factors influencing a company’s actions. They make the book feel effortless.
The authors give a good high-level overview to help you understand corporate responsibility (CR). Clearly, CR isn’t as cut-and-dried as some “experts” might have you believe. The authors’ real life CR experience, especially Hollender’s, gives the book an authentic quality not found in some other books on the topic.
Hollender and Breen also do an excellent job of communicating the fact that CR involves many variables. They don’t shirk ambiguity, but instead endeavor to incorporate it into CR’s fold. That’s a realistic approach. But it takes patience and an open mind to really absorb that kind of content as a reader.
I’d recommend this book for business types, particularly high-level thinkers like executives and consultants. It’s not an entry-level read on CR. If you’re new to the topic, or you want an easy overview, I’d suggest starting somewhere else. If you want more intimacy with CR, and a progressive look at the topic, do pick up this book.
Disclosure: We received a free copy of The Responsibility Revolution.
View full post on Business Pundit
May 10th
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Has an individual’s fringe status ever stopped the media from reporting on the outlandish things a couple Tea Party attendees have said? |
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May 7th
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Social Media Revolution 2 (Refresh) [thetrendwatch.com] Sources and credits: socialnomics.net [TheTrendWatch.com is a subjective compilation… |
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