ABSTRACT
To accomplish its social mission, a social venture must be well organized and managed, particularly when it comes to its workforce. In fact, most entrepreneurship scholars often contend that a well-conceived business plan cannot get off the ground unless a firm has the leaders and personnel to carry it out.1 Therefore, this chapter focuses on the importance of organizing a social venture and managing its human capital. Particularly, it focuses on the formation of a new social venture team, the establishment of a board of directors and/or advisers, and the management of paid employees and volunteers. The chapter is divided into three major sections. The first section discusses the importance of a social venture’s founding team. The second analyzes the management of paid employees. The third focuses on volunteers and their role in helping social ventures accomplish their goals.
