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  1. 1. Achieving the Social Objective through Social Entrepreneurship
  2. 2. <ul><li>The entrepreneur is </li></ul><ul><li>one who, starting with nothing more than an idea or a prototype, has the ability to take a business to the point at which it can sustain itself on internally generated cash flow. </li></ul>
  3. 3. <ul><li>Five factors define social entrepreneurship: </li></ul><ul><li>Adopting a mission to create and sustain social value ; </li></ul><ul><li>Recognizing and relentlessly pursuing new opportunities to serve that mission; </li></ul><ul><li>Engaging in a process of continuous innovation, adaptation, and learning; </li></ul><ul><li>Acting boldly without limited by resources currently in hand; and </li></ul><ul><li>Exhibiting a heightened sense of accountability to the constituencies served and for the outcomes created. </li></ul>
  4. 4. <ul><li>A social entrepreneur is any person, in any sector, who uses income strategies to pursue a social objective. </li></ul>
  5. 5. <ul><li>The social entrepreneur has to generate income that is re-invested into the mission thereby allowing the sustainability of the programs and services of the social enterprise. </li></ul>
  6. 6. <ul><li>Challenges in the non-profit environment : </li></ul><ul><li>Community needs are growing in size and diversity. </li></ul><ul><li>More non-profits are competing for government and philanthropic funds. </li></ul><ul><li>Traditional forms of funding are becoming smaller and less reliable. </li></ul><ul><li>New for-profit businesses are competing with non-profits to serve community needs. </li></ul><ul><li>Funders and donors are demanding more accountability. </li></ul>
  7. 7. <ul><li>How can the social mission be sustained if the organization that pursues it cannot sustain itself? </li></ul>
  8. 8. <ul><li>The social enterprise must become self-sufficient. </li></ul>
  9. 9. <ul><li>The SME can pursue a social objective through: </li></ul><ul><li>Corporate social responsibility or CSR </li></ul><ul><li>Formation of foundations </li></ul><ul><li>Contribution to social enterprises </li></ul><ul><li>Membership in social enterprises </li></ul>
  10. 10. <ul><li>Pearl2 initiated a program called the Executive Directors Series to capacitate Executive Directors of Business Support Organizations in social entrepreneurship. </li></ul>
  11. 11. <ul><li>The BSO Network Philippines is committed to promote social entrepreneurship. </li></ul>
  12. 12. <ul><li>Ambitious </li></ul><ul><li>Mission Driven </li></ul><ul><li>Resourceful </li></ul><ul><li>Innovative </li></ul><ul><li>Strategic </li></ul><ul><li>Results Oriented </li></ul>
  13. 13. <ul><li>&quot;Social entrepreneurs are not content just to give a fish or teach how to fish. They will not rest until they have revolutionized the fishing industry.&quot; </li></ul><ul><li>Bill Drayton, CEO, chair and founder of Ashoka </li></ul>