A%20New%20Generation%20of%20Leaders:%20%20The%20Social%20Entrepreneur

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A New Generation of Leaders The Social
Entrepreneur
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Overview

• Introduction
• Fad or Paradigm Shift
• New Generational Values
• A Model for Social Entrepreneurship and
  Leadership Development
• Role of Education in Developing the Social
  Entrepreneurial Leaders
• Implications and Discussion

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Challenge Access to Clean Water

• 1.2 billion people are drinking unsafe water
• Problem transport (retrieval to consumption)
• Seeding innovation in the water sector
• Acumen Fund, IDEO w/backing from Gates Foundation

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Social Entrepreneurship Defined

• A social entrepreneur is someone who recognizes a
  social problem and uses entrepreneurial
  principles to organize, create, and manage a
  venture to make social change.rather than
  bringing a concept to market to address a
  consumer problem, social entrepreneurs attempt to
  bring a concept to market to address a public
  problem.
• (Alex Nicholls, Oxford Universitys Skoll
  Centre)
• Social entrepreneurship takes many forms, but at
  its core is characterized by a leaders sense of
  social consciousness and a desire to make a
  positive impact on society

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adapted from an ancient Chinese proverb

• Philanthropy/Charity
• Give a man a fish and you feed him for a day
• The NGO/Government Model
• teach a man to fish and you feed him for a
  lifetime
• Social Entrepreneurship
• Provide him access to capital to create a
  sustainable fishing business at a fair rate of
  return and change the world

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Challenges

• Understanding of Complex Problems
• (poverty, access to clean water, healthcare,
  environmental pollution,sustainability in all its
  forms)
• Taking a A Different Approach to Business
• For example Collaborative effort

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Why a new generation of Leaders?

• What do our students care about?
• What inspires this generation?

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A New Generation of Business Leaders

• socially aware, globally engaged
• -
• --Professor Dave Gershon
• National Institute for Pharmaco-Economics and
  
• Healthcare Policy Social Venture Incubator

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IBM Global Student Study 2010

• Three most important external forces over the
  next three years
• Globalization
• Environment
• Sustainability

Source IBM Global Student Study 2010, IBM Global
CEO Study 2010
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Representative Comments

• Ill consider economic performance and
  societal/environmental performance as two parts
  of the same process of wealth creation. We need
  to rethink what wealth means (student, France)
• Resources are depleting heavily. Govenrments
  will now take things into their hands and keep
  their resources in their country so they will
  last longer. (student, India)
• Natural resources..are becoming more
  scarce.there will be a need for collaboration
  among nations to find solutions to these
  problems, which means that organizations will be
  more interconnected. (student, USA)
• Global thinking is a must for leaders, but it
  must be associated with a focus on sustainability
  and integrity, otherwise businesses will be
  short-lived. (student, Japan)
• Less than 4 in 10 students believe their
  education has prepared them well to address the
  new realities of a shared planet

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Insights from the IBM Study

• To meet future challenges.
• Rethink Business Value
• Create Stronger Global Connections
• Inspire Creative Leadership

Source IBM Global Student Study 2010, IBM Global
CEO Study 2010
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The Role of Education
Consider these ideas about Education
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• In an engaged institution, an ideal education
  lies between the two poles of experience and
  purpose, thought and action, self-realization and
  social responsibility. An education is meaningful
  when it liberates the spirit and feeds the soul
  and at the same time, prepares us to make good
  decisions, contribute to public life, and live as
  responsible citizens of our democracy.
• To foster a society in which learning has
  consequences, our colleges and universities must
  direct themselves to bringing public purposes and
  private benefits together.
• (--Ramaley, J.A. (2005). Scholarship for the
  public good living in Pasteurs quadrant.
• In A.J. Kezar, T.C. Chambers, J.C. Burkhardt
  (Eds). Higher education for the Public Good. (p
  180).
• San Francisco Jossey Bass.)

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Scholarship of Engagement

• At one level, the scholarship of engagement
  means connecting to our most pressing
  social,civic and ethical problems. Campuses
  should be viewed by both students and professors
  not as isolated islands but as staging grounds
  for action.
• but at a deeper levelwhats also needed is
  is not just more program, but a larger purpose, a
  larger sense of mission.
• the scholarship of engagement also means
  creating a special climate in which the academic
  and civic cultures communicate more continuously
  and more creatively with each other, helping to
  enlarge what anthropologist Clifford Geertz
  describes as --the universe of human discourse
  and enriching the quality of life for all of us.
• (Boyer, 1990. Scholarship Reconsidered
  Priorities of the Professoriate. Princeton, NJ
  Carnegie Foundation)

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Whats Needed?

• Collaborative, action-oriented, real-world
  problem-solving was by far the best strategy to
  advance knowledge and learning.
• (---reflecting on W. R. Harpers beliefs
  about higher education in Benson, et. al.
  (2005) Integrating a commitment to the
  public good into the institutional fabric.

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Developing Social Entrepreneurs

• Teaching Business Valuation from a
• Triple Bottom Line perspective
• 3 Ps 1
• People
• Planet
• Profit
• AND..Partnerships

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A Model for Social Entrepreneurs
Source Alex Nichols, Oxford University, Skoll
Centre
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Leadership Qualities (LPI)

• Leadership Practices
• Challenge the Process
• Inspire Shared Vision
• Model the Way
• Enable Others to Act
• Encourage the Heart

Source Kouses Posner, The Leadership Challenge
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Leadership from a Global Perspective GELI

• Visioning
• Empowering
• Energizing
• Designing and Aligning
• Rewarding and Feedback
• Team Building

• Outside Orientation
• Global Mindset
• Tenacity
• Emotional Intelligence
• Life Balance
• Resilience to Stress

Source DeVries, Global Executive Leadership
Inventory
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Where Can These Behaviors Be Developed?

• Education
• Experience
• Practice
• All focused on
• People
• Planet
• Profit
• Partnership

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Leveraging Education

• Experiential Learning Service Learning and
  Internships
• An approach to Mission, Purpose and Making
  Education Relevant
• A Strategy for Community Engagement

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What is Service Learning?
Internships and Service Learning

• SL and Social Entrepreneurial Internships
  provide for experiential learning that engages
  students in course-relevant, community-focused
  service/experience that connects the academic
  discipline to community action and social change
• SL is intentional in meeting the needs of a
  community partner, as defined by that partner
  and, engaging the student in well-articulated
  service and/or internship experiences
• SL and the well-developed internships is built on
  a reciprocity principle where students learn from
  their community partners
• SL and Internships from a social change
  perspective enables students to take action and
  reflect whereby action informs reflection and
  reflection encourages further action--developing
  leadership knowledge, skills, abilities needed by
  Social Entrepreneurs

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Building Strategic Alliances

• Faculty-Community Partner (F-C)
• Faculty-Student (F-S)
• Community Partner-Student (CP-S)
• Student-Student (S-S)
• Source Smith, D. Managing Expectations in
  Service Learning, 2010

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Developing Social Entrepreneurial Leaders
Strategic Alliances
Business e.g. VC S-P

The Developing Leader (S)
Mentor (F-S)
Global Partners S-P, S-S,
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The Mentor University

• Service Learning
• Internships

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Global Partners
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Skoll Foundation

• Vision live in a sustainable world of peace and
  prosperity.
• Mission drives large-scale change by investing
  in, connecting, and celebrating social
  entrepreneurs and other innovators dedicated to
  solving the worlds most pressing problems.

• Example Funding Root Capital and the Starbucks
  connection
• http//www.skollfoundation.org/nytimes-fixes-fill
  ing-the-gap-between-farm-an
• d-fair-trade/more-3679

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The HUB a platform for innovation

• We need new models that blend social and
  environmental value with economic viability. The
  system is broken. Together we can build a better
  alternative. When faced with a task of this
  magnitude, why not assemble great talent into a
  common space? Together, we generate new ideas for
  change. Then we combine tools and resources to
  transform our ideas into action. We work
  collaboratively, sharing best practices to
  inspire and grow. We build and scale together,
  forming a values-driven, high-performing system
  that works toward a better world.

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The Experiential Learning Model Applied to
Strategic Alliances in Social Ventures
Alliance Relationship
Experiential Learning Cycle
Observations and Reflections
Testing implications of concepts in
new situations
Formation of abstract Concepts and
Generalizations cultivates Creativity
Innovation
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Implications and Discussion

• Identifying opportunities for innovation that
  address social concerns
• Enabling a generation to gain experience with
  social enterprises
• Reframing how we define stakeholder interest and
  what it takes to maximize shareholder value
• Incremental Change versus Game-Changing--Need
  this be an either/or proposition?
• Questions?