SOCIAL ENTREPRENEURSHIP

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SOCIAL ENTREPRENEURSHIP

• WHAT IS IT ?.
• A process of recognizing and relentlessly
• pursuing opportunities to create social value.
• Social entrepreneurs are innovative,
• resourceful, and results oriented.

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• SOCIAL ENTERTPRISE SPECTRUM
• PHILANTHROPY TO COMMERCE

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• PHILANTHROPIC ENTERPRISE
• Appeals to Goodwill
• Non-monetary Rewards
• Mission-Driven
• COMMERCIAL ENTERPRISE
• Interpersonal Exchange
• Arms-Length Bargaining
• Market-Driven

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STAKEHOLDERSKEY STAKEHOLDERS

• NEEDY NOT REQUIRED TO PAY
• VS. PAY FOR PROFIT
• DONATION/GRANTS VS. MARKET DEBT/EQUITY
• VOLUNTEER VS. PAID EMPLOYEES
• IN-KIND DONATIONS VS. MARKET PRICES
• BOARD COMPOSITION

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FIVE IMPORTANT DEFINITIONS

• Dependency
• Sustainability
• Self-Sufficiency
• Social Entrepreneur
• Social Enterprise

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DEPENDENCY

• The traditional business model for non-profits,
  in which they depend solely or almost entirely on
  charitable contributions
• and public sector subsidies, with earned
  income either non-existent or minimal

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SUSTAINABILITY

• 
  

The ability to fund the future of nonprofit
through a combination of earned income,
charitable contributions and public and public
sector subsidies
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SELF-SUFFICIENCY

• The ability to fund the future of a non profit
• through earned income alone.

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SOCIAL ENTREPRENEUR

• Any person, in any sector, who runs a social
• enterprise.

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SOCIAL ENTERPRISE

• Any organization, in any sector, that uses
• earned income strategies to pursue an
• additional bottom line, either alone, as a
  social sector business or as part of a mixed
  revenue stream that includes charitable
  contributions and public sector subsidies.

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SOCIAL ENTREPRENEURSHP

• WHAT IS IT.
• A process of recognizing and relentlessly
• pursuing opportunities to create social value.
• social entrepreneurs are innovative,
• resourceful, and results oriented.

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CASE STUDY GRAMEEN BANK

• Established in 1976 by Muhammed Yunus,
• a Bangladeshi economic professor convinced
• that poor borrowers might be good credit risk

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INNOVATIVE CHARACTERISTICS

• Micro-credit package Providing group-based loans
  for poor and marginalized people to develop
  income-generating
• activities follow up with other development
  program.

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Mobilizing Assets and Capacities of Poor

• HIGH
• Focus from the start on improving capacity
• of poor and marginalized people, especially
• women, to participate in small business

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SUCCESSFUL SOCIAL ENTREPRENEURSHIP

• BUILDING LOCAL CAPACITIES TO
• SOLVE PROBLEMS.
• PROVIDING PACKAGES NEEDED TO
• SOLVE COMMON PROBLEMS.
• BUILDING LOCAL MOVEMENTS TO
• DEAL WITH OTHER POWERFUL.

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CHARACTERISTICS OF INITIATIVE LEADERSHIP

• SHARE PACKAGE
• Founder was an economics professor who grew up in
  Bangladesh, completed education in US. Over years
  built strong
• and lasting relationships with business
  leaders, government officials, donors, academics
  and poor villagers.

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SOCIAL TRANSFORMATION

• SCALING UP STRATEGY
• Create and test micro-credit package
• Expand coverage via large organization
• Follow up with support functions
• TRANSFORMATION LEVERAGE
• Economic Provide capital for small business
  development
• Cultural Support women in new economic
• business roles
• OVERALL IMPACT Reach High
• 
  Transformation Economic- High
• 
  Political Low
• 
  Cultural - Medium

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HOW MUCH OF AN ENTREPRENEUR ARE YOU ?

• DRIVE HIGHLY MOTIVATED
• PERSERVERANCE STICKING TO TASK OR GOAL
• RISK TAKING WILLING TO TAKE
• CHANCES
• ORGANIZATION LIFE AND WORK
• IN ORDER
• CONFIDENCE SURE OF YOURSELF
• PERSUASIVENESS ABLE TO CONVINCE OTHERS

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• HONESTY - OPEN, TRUTHFUL
• COMPETITIVENESS EAGER TO WIN
• ADAPTABILITY COPING WITH NEW SITUATIONS
• UNDERSTANDING EMPATHY WITH OTHERS
• DISCIPLINE ABLE TO STICK TO SCHEDULE
• VISION ABLE TO THINK OF LONG- TERM GOALS