The article discusses the importance of social innovation in a company. It outlines the definition of social innovation, and presents useful terms such as social entrepreneurship and social enterprise. It explains how social innovation work out in microfinance and the provisions of loans, savings, insurance, and other financial services to poor people who lack access to the conventional financial system. It describes how the free flow of ideas, values, roles, relationships, and money across sectors is fueling contemporary social innovation. It suggests ways to continue stripping the barriers between the sectors, and reveals new and lasting solutions to the most bewildering social problems in the government and non-profit organizations.
