Journal
BUSINESS STRATEGY AND THE ENVIRONMENT
Volume 30, Issue 4, Pages 2147-2159Publisher
WILEY
DOI: 10.1002/bse.2737
Keywords
ecopreneurs; hybrids; sensemaking; strategy; sustainable development
Categories
Funding
- Nuffield Foundation [SGS/37471]
- Nuffield Small
Ask authors/readers for more resources
This article explores how individual entrepreneurs behind hybrid organizations make sense of themselves and their firms, and how this impacts their business strategies. The study suggests that both ambition and altruism drive individuals to get involved in these organizations, reflecting the paradox of firms seeking social change and value creation.
This article explores the sensemaking process of the individual entrepreneurs behind hybrid organisations that seek to both initiate environmental/social change and also generate profit. The work sheds light on how founders of six such organisations set-up initially in between 1978 and 1991 make sense of themselves and their firm and how this impacts on their business strategies. We examine the life-stories of these individuals to illuminate their perspectives on their experiences, motives and values. We suggest that both ambition and altruism motivate individuals to become involved in these firms, echoing the paradox of firms seeking both social change and value creation. The work enhances our understanding of both sensemaking theory and success factors for hybrid organisations and strategizing more broadly.
Authors
I am an author on this paper
Click your name to claim this paper and add it to your profile.
Reviews
Recommended
No Data Available