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Introduction To
       Social Business

Duration: 45 min   Facilitator : Mohamed N. SOUMANOU
FLOW
  Introduction
A. What's Social Business ?
  1. Definition
  2. Social Entrepreneurs
  3.Social Business Characteristics
B. Examples of Social Business
C. Career Opportunities in the field
D. Wrap up
Quotes from
    Muhammad Yunus,
Founder of the Grameen Bank
A. What's Social Business ?
1. Definition

 A Social Business is a financially
sustainable organization that directly
serves the needs at the Bottom of the
pyramid (BoP) through its products or
             services.
BoP
BoP
2. Social Entrepreneurs


Social Entrepreneurs are people, who
 don't want to choose between making
   money and making a difference.
3.Social Business
  Characteristics
Social Business are organizations
              which:



Offer a new product or service, meeting
    the needs of low income people.
Social Business are organizations
             which:



 Make an existing product or service
accessible to lower income population,
        meeting their needs.
Social Business are organizations
             which:



 Innovate in the process, including
 vulnerable people on the production
                chain.
Social Business are organizations
             which:



Develop a governance model which
 empowers the population benefited
        from the business.
Social Business are organizations
              which:



Have potential to increase scale or to be
               replicated.
Social Business are organizations
              which:



The activity which generates income is
   integrated with the social impact
              generated.
Social Business are organizations
             which:

     Have Double bottom line:
   financial profit + social profit
                  or
        Triple bottom line:
  financial profit + social profit +
         environmental profit
Social Business is different from:



Corporate Social Responsibility (CSR),
 meaning traditional companies which
  dedicate part of its budget to social
              activities.
Social Business is different from:



 Traditional NGOs which generate
income from an activity which is not
 integrated with the social impact.
Social Business is different from:



Green Business, meaning organizations
   which product / service has positive
  environmental but not social impact.
Social Business is different from:


Traditional companies which develop a
   strategy to target the Base of the
 Pyramid (BoP), but the main goal is to
 increase profit, not to meet the needs
            of this population.
B. Examples of Social
      Business ?
Grameen Bank
 Offers productive credits to low income
population, offering lower interest rates but
    which still enable the bank to be self
     sustainable. Several microfinance
  institutions were created replicating this
                   model.
Aravind Eye Care
By innovating in the process, Aravind made
 cataracts surgery accessible for low income
 people, reducing blindness. Pricing strategy
  allows poor people to be operated, and at
 the same time allows Aravind to expand its
                   activities.
Lifestraw

A portable and extremely easy to use water
 purifier. Sold at low cost, it avoids diseases
    in the poorest regions of the planet.
Kopémé SUN, Light for all
This is an initiative of a social business based
   in Togo named Kopémé Group. Kopémé
 SUN, aims to provide low cost solar lamp to
  poor people in villages and help them avoid
       the usage of toxic kerosene lamp.
Movirtu is enabling Mobile technology for the
                    BoP.
Other References
        
            www.edgetalents.net
        
            www.ashoka.org
        
            www.changemakers.com
        
            www.youthventure.org
        
            www.AcumenFund.org
        
            www.Nextbillion.net
        
            www.avise.org
        
            www.movirtu.com
        
            www.songhai.org
C. Career Opportunities


 Global Business Associate Program (GBA
Program of EDGE : www.edgetalents.net

 A * Year Apprenticeship of Ashoka:
http://www.ashoka.org/staff-app

    Etc.
Wrap Up
Thanks !
 For more information, you can get in touch with:
 Mohamed Nassirou SOUMANOU
 National President of AIESEC in Togo
 Social Business Entrepreneur
 Consultant in Organization Management
 Email : nassiroun@gmail.com / nassirou.soumanou@aiesec.net

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Introduction to social business

  • 1. Introduction To Social Business Duration: 45 min Facilitator : Mohamed N. SOUMANOU
  • 2. FLOW Introduction A. What's Social Business ? 1. Definition 2. Social Entrepreneurs 3.Social Business Characteristics B. Examples of Social Business C. Career Opportunities in the field D. Wrap up
  • 3. Quotes from Muhammad Yunus, Founder of the Grameen Bank
  • 4. A. What's Social Business ?
  • 5. 1. Definition A Social Business is a financially sustainable organization that directly serves the needs at the Bottom of the pyramid (BoP) through its products or services.
  • 6. BoP
  • 7. BoP
  • 8. 2. Social Entrepreneurs Social Entrepreneurs are people, who don't want to choose between making money and making a difference.
  • 9. 3.Social Business Characteristics
  • 10. Social Business are organizations which: Offer a new product or service, meeting the needs of low income people.
  • 11. Social Business are organizations which: Make an existing product or service accessible to lower income population, meeting their needs.
  • 12. Social Business are organizations which: Innovate in the process, including vulnerable people on the production chain.
  • 13. Social Business are organizations which: Develop a governance model which empowers the population benefited from the business.
  • 14. Social Business are organizations which: Have potential to increase scale or to be replicated.
  • 15. Social Business are organizations which: The activity which generates income is integrated with the social impact generated.
  • 16. Social Business are organizations which: Have Double bottom line: financial profit + social profit or Triple bottom line: financial profit + social profit + environmental profit
  • 17. Social Business is different from: Corporate Social Responsibility (CSR), meaning traditional companies which dedicate part of its budget to social activities.
  • 18. Social Business is different from: Traditional NGOs which generate income from an activity which is not integrated with the social impact.
  • 19. Social Business is different from: Green Business, meaning organizations which product / service has positive environmental but not social impact.
  • 20. Social Business is different from: Traditional companies which develop a strategy to target the Base of the Pyramid (BoP), but the main goal is to increase profit, not to meet the needs of this population.
  • 21.
  • 22. B. Examples of Social Business ?
  • 23. Grameen Bank Offers productive credits to low income population, offering lower interest rates but which still enable the bank to be self sustainable. Several microfinance institutions were created replicating this model.
  • 24. Aravind Eye Care By innovating in the process, Aravind made cataracts surgery accessible for low income people, reducing blindness. Pricing strategy allows poor people to be operated, and at the same time allows Aravind to expand its activities.
  • 25. Lifestraw A portable and extremely easy to use water purifier. Sold at low cost, it avoids diseases in the poorest regions of the planet.
  • 26. Kopémé SUN, Light for all This is an initiative of a social business based in Togo named Kopémé Group. Kopémé SUN, aims to provide low cost solar lamp to poor people in villages and help them avoid the usage of toxic kerosene lamp.
  • 27. Movirtu is enabling Mobile technology for the BoP.
  • 28. Other References  www.edgetalents.net  www.ashoka.org  www.changemakers.com  www.youthventure.org  www.AcumenFund.org  www.Nextbillion.net  www.avise.org  www.movirtu.com  www.songhai.org
  • 29. C. Career Opportunities  Global Business Associate Program (GBA Program of EDGE : www.edgetalents.net  A * Year Apprenticeship of Ashoka: http://www.ashoka.org/staff-app  Etc.
  • 31. Thanks ! For more information, you can get in touch with: Mohamed Nassirou SOUMANOU National President of AIESEC in Togo Social Business Entrepreneur Consultant in Organization Management Email : nassiroun@gmail.com / nassirou.soumanou@aiesec.net