Business > CASE STUDY > Case Notes & Answer for IBAKERY HOW A HONG KONG NGO VENTURES INTO SOCIAL ENTERPRISE by Sammy Fung Fl (All)
iBakery is the name of two social enterprises ('SEs') - a bakery shop and a cafe - established by Tung Wah Group of Hospitals (TWGHs) of Hong Kong with a social mission to train and employ people with... disabilities through the production and retailing of bakery products and the operation of a cafe. The SEs originated from a bakery workshop that trained people with disabilities. In running the SEs, more business elements have been introduced to try to fulfil both social and economic goals. iBakery is unique among SEs operated by Hong Kong's non-governmental organisations ('NGOs') in that it has a group of business professionals, called 'iBakery Angels', forming an advisory board. With TWGHs as their strong backup, the iBakery SEs are striving to meet the double bottom line. The SEs' performance in meeting the economic goal is far from satisfactory, as they are presently loss-making operations; however, they are achieving good performance in meeting the social mission when measured in terms of the Social Impact Assessment Tool. This case sheds light on the operations of SEs, how they attempt to strike a balance on both economic and social goals, and how performance measurement of social enterprises may be conducted. It also allows students to examine what the SEs should do to achieve sustainability in the future. [Show More]
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