Philippine E-Journals

Social Enterprises in Mindanao: The Case of Rey-Mic Enterprise

Candida S. Santos | Maria Angela G. Zafra

Discipline: Research, Social

 

Abstract:

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.