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Engaging in social business is beneficial to a company because it leverages on business competencies to address social issues, involves one-time investment with sustainable results, and produces other positive effects such as employee motivation and improved organizational culture.

Muhammad Yunus

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Muhammad Yunus
Age: 84
Born: 1940
Born: June 28
Banker
Economist
Entrepreneur
University Teacher
Chattagram
Company
Employee
Improved
Culture
Investment
Philanthropy
Business
Motivation
Beneficial
Social
Positive
Engaging
Time
Effects
Address
Produce
Produces
Competencies
Issues
Involves
Organizational
Results
Addresses
Sustainable

More quotes by Muhammad Yunus

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The developing world is full of entrepreneurs and visionaries, who with access to education, equity and credit would play a key role in developing the economic situations in their countries.
Muhammad Yunus
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If I could be useful to another human being, even for a day, that would be a great thing. It would be greater than all the big thoughts I could have at the university.
Muhammad Yunus
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Credit is a human right that should be treated as a human right. If credit can be accepted as a human right, then all other human rights will be easier to establish.
Muhammad Yunus
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Poverty is not created by poor people. It is produced by our failure to create institutions to support human capabilities.
Muhammad Yunus
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They said, we have education, but what about jobs? So I started telling them, you should be taking a pledge, and the pledge should be: 'I'm not a job seeker I'm a job giver.' Prepare yourself to be a job giver.
Muhammad Yunus
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Human creativity is unlimited. It is the capacity of humans to make things happen which didn't happen before. Creativity provides the key to solving our social and economic problems.
Muhammad Yunus
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..things are never as complicated as they seem. It is only our arrogance that prompts us to find unnecessarily complicated answers to simple problems.
Muhammad Yunus
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...poor people are just as human as anyone else. They have just as much potential as anyone.
Muhammad Yunus
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I went to the bank and proposed that they lend money to the poor people. The bankers almost fell over.
Muhammad Yunus
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I avoid grandiose plans. I start with a small piece that I can do. I go to the root of the problem and then work around it. It's building brick by brick.
Muhammad Yunus
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Hunger is the worst form of deprivation of a human being. Although inability to access food is the immediate cause of hunger, the real cause in most of the incidents of hunger is lack of ability to pay for food. If we are looking for ways to end hunger then we should be looking at ways to ensure a reasonable level of income for all
Muhammad Yunus
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If the helplessness and isolation of labour, who have nothing to sell but their labour, can be totally removed by connecting labour with capital through a universal credit system, we'll then have other kinds of actors on the economic scene different from what the existing capitalist world would allow us to bring out.
Muhammad Yunus
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My vision for the future? Two things: to make credit a human right so that each individual human being will have the opportunity to take loans and implement his or her ideas so that self-exploration becomes possible. And second: that it will lead to a world where nobody has to suffer from poverty - a world completely free from poverty.
Muhammad Yunus
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We can remove poverty from the surface of the earth only if we can redesign our institutions - like the banking institutions, and other institutions if we redesign our policies, if we look back on our concepts, so that we have a different idea of poor people.
Muhammad Yunus
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Like navigation markings in unknown waters, definitions of poverty need to be distinctive and unambiguous. A definition that is not precise is as bad as no definition at all.
Muhammad Yunus
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Today, the concept of business is to make money. Making money is the name of the business.
Muhammad Yunus
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I made a list of people who needed just a little bit of money. And when the list was complete, there were 42 names. The total amount of money they needed was $27. I was shocked.
Muhammad Yunus
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What I learned in school, what I learned in the educational part of my life. Trying to acquire a kind of a bird's eye view. You drive hard and see everything. And that's called education because now you can see everything.
Muhammad Yunus
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Making money is no fun. Contributing to and changing the world is a lot more fun.
Muhammad Yunus
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The new millennium began with a great global dream. World leaders gathered at the United Nations in 2000 and adopted, among others, a historic goal to reduce poverty by half by 2015. Never in human history had such a bold goal been adopted by the entire world in one voice, one that specified time and size.
Muhammad Yunus