Business goals and social commitment. Shaping organisational capabilities. — Colombia’s Fundación Social, 1984-2011
Author | : Dávila Ladrón de Guevara, José Camilo |
Publisher | : Ediciones Uniandes-Universidad de los Andes |
Total Pages | : 242 |
Release | : 2013-11-01 |
ISBN-10 | : 9789586959315 |
ISBN-13 | : 9586959317 |
Rating | : 4/5 (15 Downloads) |
Book excerpt: Corporations, business groups and other business organizations are increasingly concerned about social challenges that directly impact the future of capitalism. Colombia s Fundación Social (FS) a century-old Latin American business group has from its start operated under two different but closely intertwined rationales: as a market, profit-seeking player; and as a civil society organization practicing solidarity. Social aims are at the core of FS mission, and business firms are instrumental. Remarkably, despite decades of growth as a ranking business group, FS underlying objective remained grounded in concern for the poor: To fight the structural causes of poverty.