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Social entrepreneurship topic 1

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Social Entrepreneurship Topic 1

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Social entrepreneurship topic 1

  1. 1. CHAPTER 1 INTRODUCTION TO SOCIAL ENTREPRENEURSHI P Dr Anis Amira Ab Rahman 2015
  2. 2. What make you a (social) entrepreneur? Dr Anis Amira Ab Rahman 2015
  3. 3. ORIGIN STARTEDBY ASHOKA,FOUNDED IN 1980 BY BILLDRAYTON Dr Anis Amira Ab Rahman 2015
  4. 4. Entrepreneurs… … are motivated Dr Anis Amira Ab Rahman 2015
  5. 5. Entrepreneurs… … are innovative Dr Anis Amira Ab Rahman 2015
  6. 6. Entrepreneurs… … are resourceful Dr Anis Amira Ab Rahman 2015
  7. 7. Entrepreneurs… … take chances Dr Anis Amira Ab Rahman 2015
  8. 8. Then, what is actually social entrepreneurship? Dr Anis Amira Ab Rahman 2015
  9. 9. How is social entrepreneurship different? Dr Anis Amira Ab Rahman 2015
  10. 10. But, Motivation are different Dr Anis Amira Ab Rahman 2015
  11. 11. But, Innovation is different Dr Anis Amira Ab Rahman 2015
  12. 12. But, Resourcefulness is different Dr Anis Amira Ab Rahman 2015
  13. 13. But, Risk taking is different “The reasonable man adapts himself to his environment. The unreasonable one persists in trying to adapt his environment to himself. Therefore, all progress depends on the unreasonable man (and woman)” - George Bernard Shaw Dr Anis Amira Ab Rahman 2015
  14. 14. Other Differences Focus on “systems thinking” and “system change” Seek “profit” in traditionality unprofitable pursuits Possess a strong “ethical impetus” “social entrepreneurs are not content just to give a fish or how to teach fish. They will not rest until they have revolutionized the fishing industry” -Bill Drayton “ (social entrepreneurs) work in area where there is partial or total market failure..what distinguishes them is that are prepared to strike a very different balance when it comes to creating value for those who would not normally be able to afford it” -John Bkington David Bornstein : “why do you work on the kinds of projects you do? Why don’t you just want to make a lot of money?” Fabia Rosa : “I am trying to build a little part of the world in which I would like to live. A project only makes sense to me when it proves useful to make people happier and the environment more respected, and when it represents a hope for a better future. This is the soul of my projects.” Dr Anis Amira Ab Rahman 2015
  15. 15. Some Definitions “ social entrepreneurs identify resources where people only se problems. They view the villagers as the solution, not the passive beneficiary. They begin with the assumption of competence and unleash resources in the communities they are serving” - David Bornstein “ A social entrepreneur is someone who recognizes a social problems and uses entrepreneurial principles to organize, create and manage a venture to make social change” - Wikipedia Dr Anis Amira Ab Rahman 2015
  16. 16. Social Entrepreneurship “ Any creative and innovative solution applied to solve social problems” (Mohammad Yunus, 2007)  it involves social mission  profit and/or entrepreneurial processes Dr Anis Amira Ab Rahman 2015
  17. 17. Social Activist Dr Anis Amira Ab Rahman 2015
  18. 18. Social Activist An eye for an eye only ends up making the whole world blind. Dr Anis Amira Ab Rahman 2015
  19. 19. Its not Charity  giving disadvantaged people chances  finding innovative ways to market and sell products in a competitive manner  being profitable and sustainable  being accountability to constituencies served Dr Anis Amira Ab Rahman 2015
  20. 20. Key Ingredients of a Social Entrepreneur Social Activist Business Pioneer Social Entrepreneur Dr Anis Amira Ab Rahman 2015
  21. 21. From NGO, social business to PMB NGO (non- profit) NGO (for-profit) Social enterprise Social business Business enterprise CSR Profit maximizatio n business (PMB) Business enterprise Dr Anis Amira Ab Rahman 2015
  22. 22. What is social enterprise?  organizations (non-profit or for-profit) that imbed both social purpose and business purpose into their organization  returns are both Social (i,.e. impact) & financial (i.e. profit)  key distinguishing factor : how deep social & business purpose is imbedded Dr Anis Amira Ab Rahman 2015
  23. 23. Components of business A goal A product/service A transaction A legal form Dr Anis Amira Ab Rahman 2015
  24. 24. Social Enterprise has… Dr Anis Amira Ab Rahman 2015
  25. 25. The SE Product / Service But… “social benefit” is added somewhere on the value chain It’s still… Dr Anis Amira Ab Rahman 2015
  26. 26. What is Social Benefits?  for our purpose, social benefit may arise when one attempts to overcome an injustice or inequity in society that market, on its own, cannot respond to ~ e.g. creating employment opportunities that may not otherwise be employable in the marketplace  a similar concept – “environmental benefit” Dr Anis Amira Ab Rahman 2015
  27. 27. The SE Transaction Traditional Business Social Enterprise customers customers clients Dr Anis Amira Ab Rahman 2015
  28. 28. The SE Goal – Social vs. Financial Purpose Social Purpose ~ creating a “social return” by making positive change within an inequitable social system examples : reduced poverty, improved literacy Financial Purpose ~ creating a “financial return”, usually through the sale of products/service in the marketplace Blended Purpose ~ effecting social change by combining social and financial return ~ also called “Blended Value” Dr Anis Amira Ab Rahman 2015
  29. 29. The Legal Form  no clearly defined legal form for social enterprise in Canada  “form follows function” Dr Anis Amira Ab Rahman 2015
  30. 30. What does this mean? Social Enterprise CSR Social Enterprise Complexity Dr Anis Amira Ab Rahman 2015
  31. 31. What Se is and is Not Social Enterprise is Not… Social Enterprise is…  a fundraising strategy (i.e. a “give” mentality)  a business line (i.e. a “sale” mentality)  solely focused on either “customers” or “clients”  focused on either “customers” or “clients”  dependent on restricted funds for operations (i.e. not sustainable)  sustainable (ideally “self-sufficient”)  an event or one-off activity (i.e. conferences, bake sales)  a continuous, market-driven activity  providing value to clients only  providing value both “clients” and “customers” (and distinguish between both)  quick  a venture that may take several years to become profitable/sustainable Dr Anis Amira Ab Rahman 2015
  32. 32. Some Definitions Dr Anis Amira Ab Rahman 2015
  33. 33. SEs bring new approaches to social issues Dr Anis Amira Ab Rahman 2015
  34. 34. Conclusion Social Entrepreneurship = profit + social purpose Dr Anis Amira Ab Rahman 2015
  35. 35. REFERENCES  http://www.slideshare.net/socialentrepreneurship/entr480 0-class-1-introduction-to-social-entrepreneurship-and- social-enterprise- 14373141?v=default&b=&from_search=2  http://www.slideshare.net/profjorge_entrep/social- entrepreneurship-7996666?v=qf1&b=&from_search=14  http://www.slideshare.net/ananiculaes/introduction-to- social-entrepreneurship- 30987971?v=qf1&b=&from_search=1  http://www.slideshare.net/robinlow/social- entrepreneurship?v=qf1&b=&from_search=15  http://www.slideshare.net/anupendra/raj-melville-social- entrepreneurship?v=qf1&b=&from_search=16 Dr Anis Amira Ab Rahman 2015
  • tamngothanh39

    Feb. 17, 2016

Social Entrepreneurship Topic 1

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