Candida S. Santos | Maria Angela G. Zafra
Social enterprises have been considered as innovations for the achievement of development goals, producing economic value alongside lasting social impact and positive environmental outcomes. This paper will be a case study of Rey-Mic Enterprise, a social enterprise based in Davao City, Philippines. Rey-Mic Enterprise produces and sells processed food products under the Mi Gusta brand. The company works with women homemakers, equipping them with skills that allow them to earn a livelihood. Using the Four Lenses Strategic Framework (Dawans, Alter & Miller, 2009), the author will examine Rey-Mic Enterprise across four common themes that act as performance criteria for a social enterprise. Depth of Impact – Stakeholder Engagement, identifies the different stakeholders that Rey-Mic Enterprise works with and the roles these stakeholders play in addressing social inequalities and achieving lasting impact. Blended Value – Resource Mobilization, assesses the ability to utilize resources in a sustainable manner. Efficiency – Knowledge Development explores how Rey-Mic Enterprise enhances capabilities to improve quality and achieve more efficiency in its operations. Finally, Adaptability – Culture Management discusses the values and philosophy that grounds Rey-Mic Enterprise as it develops inclusive and sustainable solutions in ever-changing environments. Data for this case study research was gathered through key informant interviews and company-provided records. A site visit of the manufacturing facility was also conducted. The findings of the study contain best practices and scenarios for effectively managing a social enterprise such as Rey-Mic Enterprise. The paper also discusses the specific challenges being faced by a social enterprise in Mindanao. The final section contains the conclusions and possible recommendations.
ISSN 1908-3130 (Print)
Philippine E-Journals
