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New Report Released at Global Entrepreneurship Summit (GES) Finds Human Capital a Crisis for Scaling Social EnterpriseA report released at the 2016 Global Entrepreneurship Summit today shines light on the human capital crisis of social enterprises and provides new insights and actionable recommendations for how entrepreneurs and funders can scale. The research findings reveal that access to talent and funding are by far the two toughest challenges for social entrepreneurs, but talent is the lone challenge that gets tougher as companies mature. The Human Capital Crisis: How Social Enterprises Can Find the Talent to Scale, published by Silicon Valley-based foundation RippleWorks, is the first report of its kind in that it captures perspectives of more than 600 social entrepreneurs and investors in 59 countries, providing a pulse of the global ecosystem of entrepreneurship. The report was developed with analytical support from McKinsey & Company (News - Alert), funding from Omidyar Network and survey distribution through more than 40 different entrepreneur-supporting intermediaries. "This research aims to help entrepreneurs, funders and those who support entrepreneurs to dramatically improve how we tackle the human capital crisis," said Doug Galen, CEO of RippleWorks, which pairs world-class business and technology experts from leading companies like Google (News - Alert), Salesforce and Airbnb with rapidly growing social ventures around the world. "This research of over 600 entrepreneurs gives us a pulse of the landscape of true human capital challenges as well as offers actionable solutions to enhance the entrepreneurs' ability to drive real impact." Key findings from the report include:
The report, The Human Capital Crisis: How Social Enterprises Can Find the Talent to Scale, is available at www.TalentToScale.org. About RippleWorks Based in Silicon Valley, RippleWorks pairs leading business and technology experts with promising social ventures around the world, empowering rapidly growing enterprises to scale their businesses and impact. RippleWorks' volunteer expert network consists of 150 world-class executives and entrepreneurs, who partner with ventures to solve immediate problems while building future capacity. View source version on businesswire.com: http://www.businesswire.com/news/home/20160623005147/en/ |