Stories about social entrepreneurs in the shoe business
Posted by Joe Cannon
Interesting little story of social entrepreneurship on NPR, “Company Ties Shoes And Ethics Together” (April 7, 2012). Gideon Shoes was born out of a desire to support The Street University, a retreat for marginalized kids in the suburbs of Sydney, Australia.
The shoes are not cheap ($190 – $320 a pair), in part because the company emphasizes production in safe, ethical, highly monitored conditions — significantly raising production costs. The company has done a marvelous job generating publicity, but right now is selling just about 60 pair of shoes per month.
The story brings to mind another social entrepreneurship venture in the shoe biz — Toms (read or listen to more at “‘Soul Mates’: Shoe Entrepreneur Finds Love In Giving,” NPR All Things Considered, November 26, 2010).
This might make a fun case study to have students address with a written assignment or in-class discussion. You could assign students to read (or listen to) the NPR story about Gideon Shoes — then look at the other media reports and the company’s website. Then they could be asked to develop and defend a marketing strategy for Gideon Shoes. Any such plan should keep in mind the company’s limited resources and its values. Also posted at Learn the 4 Ps.



