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Strategic Planning Project Part 3

                                                              St. Jude Children’s Research Hospital             St. Jude Children’s Research Hospital is paving the way to treating life-threatening childhood diseases, and ensuring that no family every receives a bill for any expenses such as treatment, housing, travel, and food. With a vision statement of “Finding cures. Saving Children.” (stjude.org) and a mission statement that states that they wish to “advance cures, and means of prevention, for pediatric catastrophic diseases through research and treatment. Consistent with the vision of our founder Danny Thomas, no child is denied treatment based on race, religion or a family’s ability to pay.” (ibid.) St. Jude is leading the way hospitals and doctors treat life-threatening diseases. However, they only have one location to do their research and treatment that is based out of Memphis, Tennessee. While the hospital has partnered with others all over the world, many of them cannot co

Strat. Planning Basic concept/Lean Business Model

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I will be doing my project on St. Jude Children's Research Hospital. St. Jude’s sets out to cure multiple different pediatric illnesses, such as cancer, among its patients. In doing this, the hospital is also researching the different illnesses that patients have and the different treatments that may be possible. In doing this, the founder believed that no family should pay for treatment and has thus been dependent on donations and grants. St. Jude Children’s Research Hospital is based out of Memphis Tennessee , but they cater to families from all over the world. Although they cover travel expenses, having the one location can make it hard for families to travel especially when the illness is caught in a later stage or the child is not physically able to travel. St. Jude is partners with multiple hospitals around the United States, but they cannot or do not cover a lot of the benefits that the main headquarters covers. I would like to investigate why the hospital has not been abl

Queit Radicalism artical response

 In my practicum class last year, we did an activity about what matters to each of us in a job and there was a consensus of wanting a better work/life balance with the company we will one day work with and how each career will have a different work/life balance percentage. This article talks about how Lauren Bacon has found that more people are becoming more concerned with their own well being and the well being of those in their family rather than the number of zeros on a pay cheque. As those people are seen to be choosing a life style over an actual profession, Bacon has set out to change the way people or businesses are seen when those priorities mean more to employees than what they are making.  In may of this year, Panasonic announced that it will be starting a four-day work week. They explained that this allowed employees to be more flexible to help meet other responsibilities and maintain a better work/life balance. But, not only does it help the employees, but it is believe

Stay skeptical article

This was an interesting article. I tend to be more of a skeptical person in nature and have always been taught to be skeptical when reading things online. I was honestly a little skeptical reading this as I found something that they said about Gates to be wrong, I will discuss that below. Becuse business is constantly growing and changing it does help to be skeptical of new businesses, practices and even the people involved that you may work with/for in the futrue.  Christian O'Christiansen, the writer of this article did make a good point about social responsibility and that more owners and CEO's do need to be more socially responsible in what they do as a person and what their company does. This ties in with what I found out about Gates and their social responsibility that is wrong.O'Christiansen said that  "Gates couldn't care less  about human welfare." (O'Christiansen) I found this interesting because Gates and his foundation does a lot of work that b

How does social entrepreneurship represent agency in a highly networked global capitalist economy?

Social entrepreneurship represents agency in a highly networked global, capitalist economy through the use of the trophic pyramid.  In this pyramid we see the use of resources at the bottom, manufacturing in the middle and services at the top. Capital is very important in capitalism. By having capital, social entrepreneurship can look into using that capital to buy or trade for the resources needed to start an entrepreneurship. This being land and labor. Without having some form of land, whether it be private or public, it is hard to build a social enterprise. The way that this is global is very important. Take for example, countries in Asia have land for companies to manufacture factories to build their products, that western countries, like the United States, doesn’t. In this example, the States would use their capital to get the resources they need from other countries and use them to their advantage.  

Social Entrepreneurship Definition

 My original definition of Social Entrepreneurship is: A problem solving opportunity that allows one to shift from a financial gain to a material difference that creates an impact through the change of culture while providing a buffer for failure. My new, edited definition of Social Entrepreneurship is: A problem solving opportunity that allows one to shift from a financial gain to a material difference that creates an impact through the social change of culture, while providing a buffer for overall financial failure.