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Affiliation: School of Management & Commerce, Sanskriti University, Mathura

Abstract

Social enterprises are a mix of businesses and nonprofits that try to make money while also solving social and environmental problems. For these two purposes to work together, business models and organizational design need to be in sync. This research examines the methods by which social companies manage the intricacies of hybridization via the amalgamation of mission-oriented initiatives and efficient organizational frameworks. Utilizing case studies and theoretical frameworks, the study delineates essential characteristics, including leadership, governance, resource allocation, and stakeholder involvement, that facilitate social businesses in sustaining purpose alignment while attaining financial sustainability. The results underscore the significance of implementing flexible and adaptable organizational structures that align with hybrid business models, promoting innovation and resilience. Social businesses may use practical advice to improve their structures for long-term impact and operational effectiveness. This research adds to what we know about managing social enterprises and gives businesses a guide on how to balance their commercial objectives with their social agendas.

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Section
Review