{"id":6716,"date":"2012-05-15T15:36:19","date_gmt":"2012-05-15T14:36:19","guid":{"rendered":"http:\/\/www.ethicalquote.com\/?p=6716"},"modified":"2012-05-18T15:42:39","modified_gmt":"2012-05-18T14:42:39","slug":"big-businesses","status":"publish","type":"post","link":"https:\/\/www.covalence.ch\/index.php\/2012\/05\/15\/big-businesses\/","title":{"rendered":"Big businesses risk losing out to social enterprises unless they adapt"},"content":{"rendered":"<p><a href=\"http:\/\/www.guardian.co.uk\/sustainable-business\/blog\/big-business-lose-social-enterprises\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-full wp-image-6719\" title=\"Big businesses risk losing out to social enterprises unless they adapt\" src=\"http:\/\/www.ethicalquote.com\/newTemplate\/wp-content\/uploads\/2012\/05\/120518_rb.jpg\" alt=\"\" width=\"200\" height=\"130\" \/><\/a>A gathering of sustainability leaders hosted by Sir Richard Branson  and Jamie Oliver has been warned that big businesses will be swept aside  by emerging social enterprises unless they start changing their  business models and contribute more to society. Boudewijn Poelmann, who founded the hugely successful Dutch Postcode Lottery,  which now operates in Sweden and the UK, said that many major  businesses would disappear over the next 20 years, to be replaced by  emerging social enterprises, unless they took off their blinkers and  responded to the environmental and social challenges the world is  facing. &#8220;Small companies that are passionate about creating change  will take over if big companies do not adapt,&#8221; he said. &#8220;We already see  that with energy, with so many small companies producing sustainable  clean energy. The big companies are already starting to feel they are  losing out.&#8221; Poelmann also criticised many large businesses for  being arrogant and gave the example of the former chief executive of  electrical giant Philips who ordered him to abort plans by the lottery  three years ago to give away millions of LED (low-intensity) lightbulbs. &#8220;The  Philips CEO demanded I stop giving away the LED lightbulbs, but I  refused, and the next morning the head of the company&#8217;s lighting  division called to ask how they could co-operate,&#8221; says Poelmann. <a href=\"http:\/\/www.guardian.co.uk\/sustainable-business\/blog\/big-business-lose-social-enterprises\" target=\"_blank\">More&#8230;<\/a><\/p>\n<p>News selected by Covalence | Country: Global | Source: <a href=\"http:\/\/www.guardian.co.uk\/sustainable-business\/blog\/big-business-lose-social-enterprises\" target=\"_blank\">The Guardian<\/a> via Daily CSR Media Briefing<a href=\"http:\/\/www.fibre2fashion.com\/news\/textile-news\/newsdetails.aspx?news_id=110822&amp;page=2\" target=\"_self\"><em><\/em><\/a><em> <\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A gathering of sustainability leaders hosted by Sir Richard Branson and Jamie Oliver has been warned that big businesses will be swept aside by emerging social enterprises unless they start changing their business models and contribute more to society. Boudewijn Poelmann, who founded the hugely successful Dutch Postcode Lottery, which now operates in Sweden and&hellip;<\/p>\n","protected":false},"author":665,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"wds_primary_category":0,"wds_primary_post_series":0,"footnotes":""},"categories":[1],"tags":[],"post_series":[],"class_list":["post-6716","post","type-post","status-publish","format-standard","hentry","category-news","entry","no-media"],"_links":{"self":[{"href":"https:\/\/www.covalence.ch\/index.php\/wp-json\/wp\/v2\/posts\/6716","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.covalence.ch\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.covalence.ch\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.covalence.ch\/index.php\/wp-json\/wp\/v2\/users\/665"}],"replies":[{"embeddable":true,"href":"https:\/\/www.covalence.ch\/index.php\/wp-json\/wp\/v2\/comments?post=6716"}],"version-history":[{"count":0,"href":"https:\/\/www.covalence.ch\/index.php\/wp-json\/wp\/v2\/posts\/6716\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.covalence.ch\/index.php\/wp-json\/wp\/v2\/media?parent=6716"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.covalence.ch\/index.php\/wp-json\/wp\/v2\/categories?post=6716"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.covalence.ch\/index.php\/wp-json\/wp\/v2\/tags?post=6716"},{"taxonomy":"post_series","embeddable":true,"href":"https:\/\/www.covalence.ch\/index.php\/wp-json\/wp\/v2\/post_series?post=6716"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}