Businesses fail at an astounding rate each year. In recent years, the high cost of corporate corruption and fraud has become apparent. The constant search for skilled employees and reliable partners can be a significant impediment to a business’ success. The high cost of health insurance, liability insurance, and workers’ compensation, and complying with the complex Federal and State taxes on business income and unreasonable or nonsensical government regulations create additional stresses on individual businesses.
“To compete successfully, a company needs to develop responsible business policies and practices and make them an integral part of its mission, values, strategy and operations.” – from Business for Social Responsibility (BSR)
Traditional business models have not sufficiently evolved to take advantage of the rapidly changing technology and economic environment. This is where the open Business Foundation comes in: it was this lack of a modern responsive business model that prompted me to create the foundation. Following emergence theories, The Open Business Foundation was developed from the design philosophy and the principles of open source software communities. Furthermore, we promote true community empowerment in that we require members to share resources, experiences, and business processes. Therefore we can pursue joint opportunities with trusted and proven members to create a thriving, open business community.
“Many of the problems in the world remain unresolved because we continue to interpret capitalism too narrowly.” – from Social Business Entrepreneurs Are the Solution, 2005, Muhammad Yunus.
Today’s business landscape requires that companies navigate a complex and evolving set of economic, environmental and social challenges and address stakeholder demands for greater transparency, accountability and responsibility. These factors affect all aspects of business operations from supply chain to marketplace and from employee productivity to investor return. – from Business for Social Responsibility (BSR)
“Of course, our failures are a consequence of many factors, but possibly one of the most important is the fact that society operates on the theory that specialization is the key to success, not realizing that specialization precludes comprehensive thinking.” – from Operating Manual for Spaceship Earth, 1963, Buckminster Fuller.