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Job Entrepreneurs – Companies maximizing jobs over profits

What if the purpose of a company was to employ people?  Instead of hiring enough people to make the greatest profit, it would make enough profit to hire the greatest number of people.

Put simply, these “job entrepreneurs” maximize jobs instead of profits.  There is a precedent in this. “Social entrepreneurs” seek to maximize purpose over profits.  They take a social problem, like health, poverty, or the environment, then work on finding a business model that can remedy the problem. They seek to make enough profit to make the greatest social impact.

Capture d’écran 2014-03-11 à 08.51.42 Job entrepreneurs take a similar approach. They start with a group of people they seek to employ, then work on finding a sustainable business model that leverages their talent and experience. This isn’t about job placement. There are many organizations that help people find jobs in other companies. Job entrepreneurs bring people directly onto their own payroll.

One pioneer in the “job entrepreneur” movement is Dave Friedman. Two years ago, Friedman left his position as a Fortune 100 executive to start a new venture.  His goal was to employ people on the autism spectrum – individuals who have traditionally been unemployable.

Chosen excerpts by Job Market Monitor. Read the whole story at What if a Company Maximized Jobs Over Profits? – Mark Bonchek – Harvard Business Review.

Discussion

One thought on “Job Entrepreneurs – Companies maximizing jobs over profits

  1. Reblogged this on JobisJobs.

    Posted by whatsweb | March 11, 2014, 9:37 am

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