Today, I’m preparing to teach a class on Sustainable Leadership in its Center for Social Entrepreneurship program at George Mason University. A significant part of the lesson is about boards, a subject that often (and to be fair, usually) stymies the most capable and professionals. While there is a lot to discuss and debate on[…]
New Jersey will soon join Maryland and Vermont in recognizing the benefit corporate structure as a means for delivering vital services through innovative (and sustainable) social enterprise models.
On May 19, Vermont Gov. James Douglas signed the state’s benefit corporation act into law. Effective July 1, 2011, for-profit corporations in Vermont can elect to file as benefit corporations. At core, this requires a dedicated corporate focus on creating a “general public benefit,” meaning some combination of: providing beneficial products/services to low income or[…]