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SOCIAL
BUSINESS FOR
SOCIAL GOOD
  A MCH 123 presentation
            By
       Tristan Toh
Overview
            Change &
  Intro                 Fullfilment
             Impact




 Where to              Good business
            Examples
  start?                  sense
Introduction
• What is a social
business and how is it
different from
conventional business?

• Are there any
similarities?

• What are the types?

• The local landscape.

• CSR and its flaws.
Change & Impact
•Why is social business important?

•The     marginalised      and       the
underprivileged

• Grameen Danone
Fulfillment
                               1 in 3 emerging stars
                               feel disengaged, and         More than doubled
      45% of workers are       admits not putting all       from 8% in 2008 to
      satisfied with their     of his effort into one’s     21% in 2009.
      jobs, down from 61% in   job
      1987




The Conference Board, 2010
                               1/4 of these highest-        The Harvard Business
                               potential people intend to
                                                                   Review, 2010
                               jump ship within the year.
Good business sense




Good reputation = Easier to recruit (and retain) employees + Positive press
coverage + Target audience loyalty + Faster and easier dealings with the authorities
Examples
    Blake Mycoskie, TOMS Shoes: Blake is the founder of TOMS Shoes, a for-profit
    that donates a pair of shoes to a person in need for every one sold. Under the
    company’s label, the One for One movement has given over one million pairs to
    children while NGO-affiliate Friends of TOMS coordinates Shoe Drops around the
    world for employees and volunteers to experience the giving of shoes first-hand.

    The brand is now stocked at more than 500 outlets globally. For his efforts, Blake
    received the People’s Design Award and Secretary of State’s 2009 Award for
    Corporate Excellence, invited to speak at such events as TED and South by
    Southwest as well having TOMS named Fast Company’s Top Ten Most Innovative
    Retail Companies.

     Raj Ridvan Singh, SOLS 24/7: Raj serves as the International Director & Co-
     Founder of SOLS 24/7, which has provided 26,000 youths with training in
     academic, job, leadership and life-skills education. Previously helming the role of
     director of SOLS 24/7 in East Timor, he is currently expanding his social
     development work as the Country Director of SOLS 24/7 Malaysia.

     For his continuous efforts in youth education, he was awarded the
     YouthActionNet Award 2004 by International Youth Foundation, Youth & ICT
     Award 2005 by Global Knowledge Partnership, Youth Social Enterprise Fellowship
     (15,000 USD) by YSEI in 2006 and the KLue Blue Chilli Award Malaysia 2008.
Where to start?

                                                 myHarapan: A Youth Trust Foundation
                                                 dedicated     towards     empowering    young
 1MDB Youth Fund: Provides youths aged 15        Malaysians by supporting youth projects and
 to 40 grants to support projects that promote   initiatives that contribute to current nation-
 national unity. To date, it has disbursed a     building efforts. It achieves this through
 total of RM6 million to more than 100           providing various platforms and opportunities
 applicants.                                     that help them scale, sustain, expand and
                                                 multiply their impact.

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MCH 123 presentation: Social Business For Social Good

  • 1. SOCIAL BUSINESS FOR SOCIAL GOOD A MCH 123 presentation By Tristan Toh
  • 2. Overview Change & Intro Fullfilment Impact Where to Good business Examples start? sense
  • 3. Introduction • What is a social business and how is it different from conventional business? • Are there any similarities? • What are the types? • The local landscape. • CSR and its flaws.
  • 4. Change & Impact •Why is social business important? •The marginalised and the underprivileged • Grameen Danone
  • 5. Fulfillment 1 in 3 emerging stars feel disengaged, and More than doubled 45% of workers are admits not putting all from 8% in 2008 to satisfied with their of his effort into one’s 21% in 2009. jobs, down from 61% in job 1987 The Conference Board, 2010 1/4 of these highest- The Harvard Business potential people intend to Review, 2010 jump ship within the year.
  • 6. Good business sense Good reputation = Easier to recruit (and retain) employees + Positive press coverage + Target audience loyalty + Faster and easier dealings with the authorities
  • 7. Examples Blake Mycoskie, TOMS Shoes: Blake is the founder of TOMS Shoes, a for-profit that donates a pair of shoes to a person in need for every one sold. Under the company’s label, the One for One movement has given over one million pairs to children while NGO-affiliate Friends of TOMS coordinates Shoe Drops around the world for employees and volunteers to experience the giving of shoes first-hand. The brand is now stocked at more than 500 outlets globally. For his efforts, Blake received the People’s Design Award and Secretary of State’s 2009 Award for Corporate Excellence, invited to speak at such events as TED and South by Southwest as well having TOMS named Fast Company’s Top Ten Most Innovative Retail Companies. Raj Ridvan Singh, SOLS 24/7: Raj serves as the International Director & Co- Founder of SOLS 24/7, which has provided 26,000 youths with training in academic, job, leadership and life-skills education. Previously helming the role of director of SOLS 24/7 in East Timor, he is currently expanding his social development work as the Country Director of SOLS 24/7 Malaysia. For his continuous efforts in youth education, he was awarded the YouthActionNet Award 2004 by International Youth Foundation, Youth & ICT Award 2005 by Global Knowledge Partnership, Youth Social Enterprise Fellowship (15,000 USD) by YSEI in 2006 and the KLue Blue Chilli Award Malaysia 2008.
  • 8. Where to start? myHarapan: A Youth Trust Foundation dedicated towards empowering young 1MDB Youth Fund: Provides youths aged 15 Malaysians by supporting youth projects and to 40 grants to support projects that promote initiatives that contribute to current nation- national unity. To date, it has disbursed a building efforts. It achieves this through total of RM6 million to more than 100 providing various platforms and opportunities applicants. that help them scale, sustain, expand and multiply their impact.