These slides present the major themes in an IAP course at MIT Sloan, Scaling Social Entrepreneurship. Social entrepreneurship is first defined, then the future direction of capitalism and social entrepreneurship is discussed. The SCALER Model is presented
Scaling Social Entrepreneurship MIT Sloan Lectures 2014Robert H. Hacker
This PPT is the class notes from a four day class at MIT Sloan School of Management that I taught on how to scale a social entrepreneurship venture (SEV). The class defines social entrepreneurship and then explores two models for how to scale an SEV. The two cases and the final evaluation of One Laptop per Child, where I served as CFO for 3.5 years are not included here.
Scaling Social Entrepreneurship MIT Sloan Lectures 2014Robert H. Hacker
This PPT is the class notes from a four day class at MIT Sloan School of Management that I taught on how to scale a social entrepreneurship venture (SEV). The class defines social entrepreneurship and then explores two models for how to scale an SEV. The two cases and the final evaluation of One Laptop per Child, where I served as CFO for 3.5 years are not included here.
Social enterprise: What is it and what to considerNICVA
A presentation by Amanada Johnston from Social Enterprise NI helping participants understand more about what social enterprise is, what you need to consider if thinking about starting a social enterprise, what support is available and gave some examples of local social enterprises.
Intro to Social Enterprises (Webinar 1 18 12)Kristin Wolff
Intro to Social Enterprises Webinar for people/programs offering services to ex-offenders.
Social Policy Research Associates team:
Vinz Koller, Haydee Cuza, Kristin Wolff, David Mitnick, Chandra Larsen, Annie Nyborg, Nancy Box, Jan DeYoung
This class consolidates the learning students received throughout the course. Students will build a business case for the ventures they’ve assessed using the techniques described in the course (storyboarding, business modeling, etc.), focusing on making a compelling and informed argument for why the social entrepreneur you’ve been working with should pursue the course of action you’ve determined in your analysis.
Social entrepreneurship verses Business EntrepreneurshipFRANCIS BUKENYA
Social entrepreneurs are practical visionaries who possess qualities traditionally associated with leading business entrepreneurs – vision – innovation – determination and long-term commitment – but are dedicated to a systematic social change in their chosen field.
Knowledge production is moving from creation by individual specialists to creation by communities of practice. Peer partnerships between ICT companies and “local” organizations — powered by “people software” -- are defining a new path toward increased competitiveness for developing countries. http://www.cisco.com/web/about/ac79/docs/ps/BoSE_IBSG.pdf
Social Entrepreneurship and its Importance for Successful Nonprofit Practice...AshokaFEC
Can Social Entreprenuers Save the World? See Ashoka FEC's Chief Entrepreneur, Valeria Budinich's Keynote address to the Novartis "Power of Partnering" National Meeting from November 9, 2010. The theme focuses on social entrepreneurship and its importance for successful nonprofit practices in today’s economy and culture. Want more info? Check out fec.ashoka.org
Social entrepreneurship is new phenomenon in Bangladesh and the world as well. It is essential to economic development for third world country like Bangladesh. Social enterprise is a growing and dynamic sector of the Bangladesh economy. Now its play a vital role to poverty reduction, empowering women and increasing per capita income.
Social enterprise: What is it and what to considerNICVA
A presentation by Amanada Johnston from Social Enterprise NI helping participants understand more about what social enterprise is, what you need to consider if thinking about starting a social enterprise, what support is available and gave some examples of local social enterprises.
Intro to Social Enterprises (Webinar 1 18 12)Kristin Wolff
Intro to Social Enterprises Webinar for people/programs offering services to ex-offenders.
Social Policy Research Associates team:
Vinz Koller, Haydee Cuza, Kristin Wolff, David Mitnick, Chandra Larsen, Annie Nyborg, Nancy Box, Jan DeYoung
This class consolidates the learning students received throughout the course. Students will build a business case for the ventures they’ve assessed using the techniques described in the course (storyboarding, business modeling, etc.), focusing on making a compelling and informed argument for why the social entrepreneur you’ve been working with should pursue the course of action you’ve determined in your analysis.
Social entrepreneurship verses Business EntrepreneurshipFRANCIS BUKENYA
Social entrepreneurs are practical visionaries who possess qualities traditionally associated with leading business entrepreneurs – vision – innovation – determination and long-term commitment – but are dedicated to a systematic social change in their chosen field.
Knowledge production is moving from creation by individual specialists to creation by communities of practice. Peer partnerships between ICT companies and “local” organizations — powered by “people software” -- are defining a new path toward increased competitiveness for developing countries. http://www.cisco.com/web/about/ac79/docs/ps/BoSE_IBSG.pdf
Social Entrepreneurship and its Importance for Successful Nonprofit Practice...AshokaFEC
Can Social Entreprenuers Save the World? See Ashoka FEC's Chief Entrepreneur, Valeria Budinich's Keynote address to the Novartis "Power of Partnering" National Meeting from November 9, 2010. The theme focuses on social entrepreneurship and its importance for successful nonprofit practices in today’s economy and culture. Want more info? Check out fec.ashoka.org
Social entrepreneurship is new phenomenon in Bangladesh and the world as well. It is essential to economic development for third world country like Bangladesh. Social enterprise is a growing and dynamic sector of the Bangladesh economy. Now its play a vital role to poverty reduction, empowering women and increasing per capita income.
Social entrepreneurs go mainstreamNever let a crisis go to was.docxjensgosney
Social entrepreneurs go mainstream
Never let a crisis go to waste. Social entrepreneurs take this economic upheaval to be a blessing, providing a chance for business to transition from an anonymous, complex system to one that is direct and transparent.
Andrew Tolve | March 2009 issue
Oxford’s Saïd Business School student Claire Williams co-founded Hope Runs in Kenya to use running to empower AIDS orphans. Social entrepreneurship is “about creating sustainable businesses that work for the benefit of both the social good and the bottom line,” she says.
Photo: J. Carrier
In the wake of the 2008 financial flameout, most business people are, to put it mildly, downbeat. Banks aren't lending, consumers aren't spending and the prospects for the rest of the year seem grim. All of which makes social entrepreneurs, well, intensely—even passionately—optimistic.
"This is a slam dunk," says Willy Foote, the founder of Root Capital, which provides loans to rural businesses in Latin America, Africa and Asia. "The Wall Street meltdown provides a chance to think about how we transition from a financial system that is complex, opaque and anonymous to one that is direct and transparent."
The world seems ready for such a change. In the middle of one of the farthest-reaching financial collapses in history, U.S. President Barack Obama came into office faced with the challenge of delivering on his promise of change. People are tired of business as usual. The exasperation is palpable, but so is the hope that this time, we can and will do things differently. Social entrepreneurs have always believed this, and for many, it's their moment to shine.
"In a world where change is escalating exponentially, the only way we'll make it is if everyone has the mindset of a social entrepreneur," says Bill Drayton, a pioneer in the field and founder ofAshoka, which sponsors international leaders in philanthropic business. "The current upheaval is a great opportunity to flip the switch. We need to make everyone a change-maker."
That will require a lot of change. According to Kevin Lynch and Julius Walls, Jr., authors of Mission Inc.: The Practitioner's Guide to Social Enterprise (see excerpt on following page), "A social enterprise is a business whose purpose is to change the world for the common good." That's a tall order, but those at the vanguard of the movement are well placed to make it happen.
The field is "a response to the failure of both business and government to deliver on their promise to society," says Lance Henderson, vice-president of programs and impact at the Skoll Foundation, which, like Ashoka, nurtures transformation around the world. "Social entrepreneurs are very good at innovation and integrating sustainability into society."
Consider reading glasses. People start to lose their eyesight around age 40. In the North, we fix the problem easily at the local drugstore. But in the South, where glasses are far more difficult to find or afford, the problem is.
What is social enterprise nccu cedi presentationJeff Stern
This is a presentation on social enterprise for nonprofits, to be given April 9th at "Marketing Strategies: Tools for Nonprofits and Social Enterprises," a free half-day workshop hosted by The NCCU Community Economic Development Initiative. Registration is free and more info is available at http://nccunonprofit.org/about.html
The Rockefeller Foundation has long recognized the importance of meaningful engagement of the private sector in addressing many of the world’s most complex problems. While many social sector leaders understand that engaging the private sector matters, far fewer understand how to do so, or the key questions one should consider before starting down this path of cross-sector collaboration. For instance: Why would a network want to include a company? Or conversely, why would a company want to participate in a network focused on social impact? Can social impact efforts deliver business value? What makes network relationships durable? And ultimately, what are the different needs around accountability, leadership, governance and mindset? To answer questions such as these, The Foundation and our partners at Monitor Institute, a part of Deloitte Consulting LLP, have created “PARTICIPATE: The power of involving business in social impact networks”—a handbook for social change leaders aspiring to effectively engage the private sector as authentic participants in the pursuit of social impact.
Let’s find out the 5 Steps to Building a Social Enterprise:
1: Identify a Social Issue
2: Develop a Sustainable Business Model
3: Build a Strong Network
4: Measure and Communicate Impact
5: Seek Funding and Investment
Marketing & The Business "Stuff" - What Social Enterprises Need to Know!Olwen Dawe
Presentation given to the "Fostering Community Enterprise Resilience in Roscommon" conference, March 2013. An overview on the role of business techniques in social and community organisation's sustainability.
RIES is a community-based economic development framework that delivers a range of social and economic outcomes. It has the potential to discover and stimulate hidden entrepreneurship. This work has won the Royal Society of Arts challenge 'Making today's economy work for tomorrow'.
This guide aims to explain to any and all young people exactly what a social enterprise is. It includes information on legal structure, shining examples, organisations offering support, and the money available to social enterprises. Altogether, this guide should be all you need to learn the basics about social enterprise.
[Note: This is a partial preview. To download this presentation, visit:
https://www.oeconsulting.com.sg/training-presentations]
Sustainability has become an increasingly critical topic as the world recognizes the need to protect our planet and its resources for future generations. Sustainability means meeting our current needs without compromising the ability of future generations to meet theirs. It involves long-term planning and consideration of the consequences of our actions. The goal is to create strategies that ensure the long-term viability of People, Planet, and Profit.
Leading companies such as Nike, Toyota, and Siemens are prioritizing sustainable innovation in their business models, setting an example for others to follow. In this Sustainability training presentation, you will learn key concepts, principles, and practices of sustainability applicable across industries. This training aims to create awareness and educate employees, senior executives, consultants, and other key stakeholders, including investors, policymakers, and supply chain partners, on the importance and implementation of sustainability.
LEARNING OBJECTIVES
1. Develop a comprehensive understanding of the fundamental principles and concepts that form the foundation of sustainability within corporate environments.
2. Explore the sustainability implementation model, focusing on effective measures and reporting strategies to track and communicate sustainability efforts.
3. Identify and define best practices and critical success factors essential for achieving sustainability goals within organizations.
CONTENTS
1. Introduction and Key Concepts of Sustainability
2. Principles and Practices of Sustainability
3. Measures and Reporting in Sustainability
4. Sustainability Implementation & Best Practices
To download the complete presentation, visit: https://www.oeconsulting.com.sg/training-presentations
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
What are the main advantages of using HR recruiter services.pdfHumanResourceDimensi1
HR recruiter services offer top talents to companies according to their specific needs. They handle all recruitment tasks from job posting to onboarding and help companies concentrate on their business growth. With their expertise and years of experience, they streamline the hiring process and save time and resources for the company.
Buy Verified PayPal Account | Buy Google 5 Star Reviewsusawebmarket
Buy Verified PayPal Account
Looking to buy verified PayPal accounts? Discover 7 expert tips for safely purchasing a verified PayPal account in 2024. Ensure security and reliability for your transactions.
PayPal Services Features-
🟢 Email Access
🟢 Bank Added
🟢 Card Verified
🟢 Full SSN Provided
🟢 Phone Number Access
🟢 Driving License Copy
🟢 Fasted Delivery
Client Satisfaction is Our First priority. Our services is very appropriate to buy. We assume that the first-rate way to purchase our offerings is to order on the website. If you have any worry in our cooperation usually You can order us on Skype or Telegram.
24/7 Hours Reply/Please Contact
usawebmarketEmail: support@usawebmarket.com
Skype: usawebmarket
Telegram: @usawebmarket
WhatsApp: +1(218) 203-5951
USA WEB MARKET is the Best Verified PayPal, Payoneer, Cash App, Skrill, Neteller, Stripe Account and SEO, SMM Service provider.100%Satisfection granted.100% replacement Granted.
Enterprise Excellence is Inclusive Excellence.pdfKaiNexus
Enterprise excellence and inclusive excellence are closely linked, and real-world challenges have shown that both are essential to the success of any organization. To achieve enterprise excellence, organizations must focus on improving their operations and processes while creating an inclusive environment that engages everyone. In this interactive session, the facilitator will highlight commonly established business practices and how they limit our ability to engage everyone every day. More importantly, though, participants will likely gain increased awareness of what we can do differently to maximize enterprise excellence through deliberate inclusion.
What is Enterprise Excellence?
Enterprise Excellence is a holistic approach that's aimed at achieving world-class performance across all aspects of the organization.
What might I learn?
A way to engage all in creating Inclusive Excellence. Lessons from the US military and their parallels to the story of Harry Potter. How belt systems and CI teams can destroy inclusive practices. How leadership language invites people to the party. There are three things leaders can do to engage everyone every day: maximizing psychological safety to create environments where folks learn, contribute, and challenge the status quo.
Who might benefit? Anyone and everyone leading folks from the shop floor to top floor.
Dr. William Harvey is a seasoned Operations Leader with extensive experience in chemical processing, manufacturing, and operations management. At Michelman, he currently oversees multiple sites, leading teams in strategic planning and coaching/practicing continuous improvement. William is set to start his eighth year of teaching at the University of Cincinnati where he teaches marketing, finance, and management. William holds various certifications in change management, quality, leadership, operational excellence, team building, and DiSC, among others.
Putting the SPARK into Virtual Training.pptxCynthia Clay
This 60-minute webinar, sponsored by Adobe, was delivered for the Training Mag Network. It explored the five elements of SPARK: Storytelling, Purpose, Action, Relationships, and Kudos. Knowing how to tell a well-structured story is key to building long-term memory. Stating a clear purpose that doesn't take away from the discovery learning process is critical. Ensuring that people move from theory to practical application is imperative. Creating strong social learning is the key to commitment and engagement. Validating and affirming participants' comments is the way to create a positive learning environment.
Premium MEAN Stack Development Solutions for Modern BusinessesSynapseIndia
Stay ahead of the curve with our premium MEAN Stack Development Solutions. Our expert developers utilize MongoDB, Express.js, AngularJS, and Node.js to create modern and responsive web applications. Trust us for cutting-edge solutions that drive your business growth and success.
Know more: https://www.synapseindia.com/technology/mean-stack-development-company.html
Personal Brand Statement:
As an Army veteran dedicated to lifelong learning, I bring a disciplined, strategic mindset to my pursuits. I am constantly expanding my knowledge to innovate and lead effectively. My journey is driven by a commitment to excellence, and to make a meaningful impact in the world.
Explore our most comprehensive guide on lookback analysis at SafePaaS, covering access governance and how it can transform modern ERP audits. Browse now!
Unveiling the Secrets How Does Generative AI Work.pdfSam H
At its core, generative artificial intelligence relies on the concept of generative models, which serve as engines that churn out entirely new data resembling their training data. It is like a sculptor who has studied so many forms found in nature and then uses this knowledge to create sculptures from his imagination that have never been seen before anywhere else. If taken to cyberspace, gans work almost the same way.
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...BBPMedia1
Grote partijen zijn al een tijdje onderweg met retail media. Ondertussen worden in dit domein ook de kansen zichtbaar voor andere spelers in de markt. Maar met die kansen ontstaan ook vragen: Zelf retail media worden of erop adverteren? In welke fase van de funnel past het en hoe integreer je het in een mediaplan? Wat is nu precies het verschil met marketplaces en Programmatic ads? In dit half uur beslechten we de dilemma's en krijg je antwoorden op wanneer het voor jou tijd is om de volgende stap te zetten.
Business Valuation Principles for EntrepreneursBen Wann
This insightful presentation is designed to equip entrepreneurs with the essential knowledge and tools needed to accurately value their businesses. Understanding business valuation is crucial for making informed decisions, whether you're seeking investment, planning to sell, or simply want to gauge your company's worth.
3.0 Project 2_ Developing My Brand Identity Kit.pptxtanyjahb
A personal brand exploration presentation summarizes an individual's unique qualities and goals, covering strengths, values, passions, and target audience. It helps individuals understand what makes them stand out, their desired image, and how they aim to achieve it.
2. COURSE OVERVIEW
• SE DEFINED; CURRENT STATUS OF SE
• SCALER MODEL; CASE STUDY MX
• BUSINESS MODEL (OSTERWALDER/HACKER)
CASE STUDY OLPC
• ANALYSIS OF GS 10KSB
3. READINGS
• Reading: A Positive Theory of Social Entrepreneurship by Felipe Santos
• Reading: Osterwalder Business Model Canvas
• Reading: Identifying the Drivers of Social Entrepreneurial Impact:
• Reading: Scaling Social Entrepreneurship by Robert H. Hacker
• Reading: Learning to Change the World
• WEF ‘From the Margins to the Mainstream”
Reading List 2015 MIT Sloan SE
4. 10,000 SMALL BUSINESSES
Goldman Sachs10,000 Small Businesses is a $500 million investment to help small businesses create jobs and economic opportunity by providing them with
greater access to business education, financial capital, and business support services.
The program is based on the broadly held view of leading experts that greater access to this combination of education, capital and support services best
addresses barriers to growth. 10,000 Small Businesses is funded by Goldman Sachs and The Goldman Sachs Foundation.
The program is currently operating in Cleveland, Chicago, Detroit, Houston, Long Beach, Los Angeles, Miami, New Orleans, New York, Philadelphia, Salt Lake
City and nationally at Babson College. It will continue to expand on a city-by-city basis.
HOW THE PROGRAM WORKS
The program has three main components:
1. Practical Business and Management Education. Goldman Sachs 10,000 Small Businesses is contributing $200 million to program partners,
including local community colleges and business schools. Funds go towards scholarships, faculty training and technical assistance to help build the
organizations’ capacity. Students receive a practical education that focuses on skills they can apply immediately, including accounting, marketing
and human resources management.
2. Access to Capital. Goldman Sachs 10,000 Small Businesses has committed $300 million through a combination of lending and philanthropic
support to Community Development Financial Institutions (CDFIs). The investment will increase the amount of growth capital available to small
businesses in underserved communities and expand the capacity of CDFIs to deliver financing and technical assistance to small businesses.
3. Business Support Services. Small business owners often face challenges finding networking opportunities and expert advice. The initiative
provides these vital support services through partnerships with national and local business organizations, professional services firms and the
people of Goldman Sachs.
SELECTION CRITERIA
Goldman Sachs 10,000 Small Businesses is designed for business owners with limited resources who have a business poised for growth. Applicants must
demonstrate a commitment to growing their business and creating jobs within their community.
Applicants should meet the following criteria:
• Applicant must be an owner or co-owner of a business
• Business in operation for at least two years
• Business revenues between $150,000 and $4.0 million in the most recent fiscal year
• At least 4 employees (including the owner) and no more than 100
http://www.icic.org/resources-for-inner-city-ceos/10000-small-businesses
5. Social Entrepreneurship
“If your conduct is determined solely by
considerations of profit you will arouse great
resentment.”-Confucius
6. WHAT IS SOCIAL
ENTREPRENEURSHIP?
1.Non-profit organizations that apply business expertise to become
more efficient in providing and delivering their social services
2.For-profit businesses run by non-profits to help offset costs and
become independent from grants and subsidies
3.High donor control philanthropy, where donors pursue their own
personal social vision
4.Socially responsible businesses that offer innovative solutions to
persistent social, economic, and ecological problems using
market-based models
Brigitte Hoogendoorn, (2011), A Conceptual Overview of What We Know About Social
Entrepreneurship, EIM Research Reports
11. WHEN FOR-PROFIT IS THE RIGHT
ANSWER FOR A SOCIAL ENTERPRISE
NextBillionNet has an article of the same name, “When For-profit is the Right Answer
for a Social Enterprise.”.
Guidelines for when a social enterprise should be for-profit are:
1. A commercially-driven earned-income strategy [sell product or service]
2. The potential to be high impact, high-growth [scalable]
3. A real solution to a real problem [value proposition]
4. A product or service designed to meet their customers’ needs, customs and
culture [customer need]
5. A realistic combination of price, distribution and sales to ensure their offerings
get to those that need it most at the right price. [pricing/distribution]
So, with an unrealistic combination of price, distribution and sales do a non-profit?
Of course, the question becomes "why social enterprises by default are not for-
profit”.
12. A Vote of No Confidence
“When self-made billionaire Tony Elumelu founded the foundation that bears his name, he did so with
the stated goal of proving "that the African private sector can itself be the primary generator of
economic development." The hope was that The Tony Elumelu Foundation could help spur some of that
development.
Earlier this week, Elumelu really put his money where his mouth is:
"Nigerian billionaire investor and philanthropist Tony Elumelu has committed $100 million to create
10,000 entrepreneurs across Africa over the next 10 years.
Elumelu made the commitment on Monday during a press conference in Lagos to announce the launch
of The Tony Elumelu Foundation Entrepreneurship Programme (TEEP)."
Elumelu is a champion of Africapitalism, an economic philosophy in which the African private
sector drives social and economic growth throughout the continent. Since the end of
colonialism, African state leaders have a checkered past when it comes to making decisions
compromising the continent's long-term welfare. Elumelu's $100m investment is as much a tacit
vote of no confidence in Africa's public sector as it is a philanthropic act in support the
continent's rising business class.” (Emphasis added)
Forbes
13. OTHER ALTERNATIVES
A Public Company has finally become a B Corp
In December, B Lab reached a big certification milestone: Natura, the biggest
cosmetics maker in Latin America, became the world's largest B Corp (based on
revenue and employees) and the first public company to get certified (another public
company, Rally, was certified while it was still private). Natura is valued at over $6
billion, according to Forbes.
Donate to a Corporation?
"Google CEO Larry Page has an unusual idea about what should happen to his billions
should he die. Instead of giving it to a philanthropic organization, he'd rather hand
over his cash to Elon Musk, the founder of Tesla, SpaceX, and SolarCity. In a
conversation with Charlie Rose at a TED conference on Wednesday, Page said he
wanted his money going to capitalists like Musk — those with big ideas for changing
the world.” Business Insider
14. B CORP PRINCIPLES?
• We hold these truths to be self-evident:
– That we must be the change we seek in the world.
– That all business ought to be conducted as if
people and place mattered.
– That, through their products, practices, and
profits, businesses should aspire to do no harm
and benefit all.
– To do so, requires that we act with the
understanding that we are each dependent upon
another
https://www.bcorporation.net/what-are-b-corps/the-b-corp-declaration
15. CAPITALISM'S FUTURE IS ALREADY
HERE?
“HBR Blog Network has an interesting article today, "Capitalism’s Future Is Already Here".
The thesis of the article is that we should reject Milton Friedman's dictum,"the purpose of
the corporation is to maximize shareholder returns", which first appeared in the New York
Times in 1970. This type of thinking lead to a now outdated set of management practices
according to the author because Friedman does not recognize the growing needs of society.
The focus of management should now be the customer and by serving the customer well,
you serve the shareholder's best interest. This concept was first presented by Roger
Martin. …..Yes, a corporation should always make the customer the priority and the focus of
management. (As I tell my students, if it does not affect the customer or put you out of
business, it is not an important decision.) Focusing on the customer gives the corporation
the flexibility (opening) to consider societal issues, but what is the framework for selecting
the issues?
Simon Synek of Golden Circle fame would probably say to pick the societal issues and let
the customers pick your corporation/product to identify with. The problem with this logic is
that homeless dogs and homeless children would be equally valid social objectives for a
corporation.”
from Sophisticated Finance
16. A BETTER VIEW
• “As they built their businesses against obstacles, all three leaders evolved
a passionate belief that their firms needed to be major contributors to
solving the problems which had kept their countries and people poor
compared to the West.”
• "There are those with whom I don't agree…who say our job is to run
industry, and to hell with corporate social responsibility or philanthropy.
We have to take care of all stakeholders—I say customers, vendors,
employees, shareholders, and the society in which you work. You can't
produce a bad quality and high cost product and then say, 'I go to the
temple and pray' or that 'I do charity'; that's no good and that won't last,
because that won't be a sustainable company. You have to run the best
possible company. That's your primary job as a businessman. But in
addition you have to take care of the society in which you operate, which
enables you to earn that money.” Rahul Bajaj
http://hbswk.hbs.edu/item/7702.html
17. RESEARCH SHOWS
• Socially responsible corporations have:
– Better ROI
– More motivated employees
– More loyal customers
• According to a 2011 Harvard study of 180 large U.S. companies, the stock
price of companies with robust CSR programs outperformed those with
a low CSR commitment by 65 percent over an 18-year period (1992-
2010.)
• Social responsibility increases shareholder returns, but we need more
evidence
• It is much harder to operate this way, but “customer experience” helps
Image: Social Earth
18. ANALYSIS
“CGAP, ThinkPlace, Grameen Foundation and the Citi Foundation
created a workshop to focus on analyzing the shortcomings of product
launches and their inability to gain market traction [for social
problems]. The team of forty brainstormed numerous challenges,
which included:
• A lack of sufficient resources, including both staff capacity and
monetary resources
• The tension between creating stability and change
• Internal processes that get in the way
• Complex partnerships with many moving parts
• User illiteracy and discomfort with technology”
NextBillion.net | Getting Innovations to Market
19. TACTICS
“Some broad tactics that may help overcome these challenges:
• Merging commercial and social needs
• Increasing awareness among banks, governments and educational
organizations
• Identifying new markets to reduce costs and risks
• Effectively utilizing “big data”
NextBillion.net | Getting Innovations to Market
20. TAKEAWAYS
“Our brainstorming sessions also led to some more unorthodox (some
might say crazy) ideas to help get innovations out to market. We
developed ideas around six themes:
1. Creating new architectures [??]
2. Working iteratively [Is there capital to be iterative?]
3. Having more effective partnerships
4. Creating new [business] models
5. Focusing on innovation leadership, and [innovation has to be
commercialized?]
6. Getting fresh perspectives”
NextBillion.net | Getting Innovations to Market
“Business architecture--a blueprint of the enterprise that provides a common understanding of the organization and is used to
align strategic objectives and tactical demands” Object Management Group
21. SCALERS MODEL
• Staffing--"the effectiveness of the organization at filling its labor needs, including its
managerial posts, with people who have the requisite skills for the needed positions,
whether they be paid staff or volunteers"
• Communicating--"the effectiveness with which the organization is able to persuade key
stakeholders that its change strategy is worth adopting and/or supporting"
• Alliance building--" the effectiveness with which the organization has forged partnerships,
coalitions, joint ventures, and other linkages to bring about desired social changes”
• Lobbying--"the effectiveness with which the organization is able to advocate for
government actions that may work in its favor"
• Earnings generation--"the effectiveness with which the organization generates a stream
of revenue that exceeds its expenses"
• Replicating--"the effectiveness with which the organization can reproduce the programs and
initiatives that it has originated"
• Stimulating market force--"the effectiveness with which the organization can create
incentives that encourage people or institutions to pursue private interests while also
serving the public good"
Source: Paul N. Bloom—Fuqua School of Business
22. A PRINCIPLE!
• People acting in their self-interest such that
they serve the public good
23. MOVEMENT
“As a leader, you are alone — and accountable for the
needs of the whole. The whole is the product. And you’re
making it. You own it. And you succeed and fail by it…
True creative leaders recognize that they live and die by
their team.”
John Maeda
"That puts pressure on us to create other activities that
they [customers] can do, events, activism. They are really
looking at us more as a movement than as a company.”
[Customer experience]
Blake Mycoskie, FounderToms Shoes
24. MEXICO CITY
One of the major problems in Latin America is a high drop out rate amongst
students, which in some countries begins with graduation from primary
school.
In classic economic development thinking this problem has many dimensions:
• Political--unemployed youth can be easily encouraged to protest or join
criminal enterprises
• Social--uneducated youth are likely to enter a life of poverty
• Cultural--uneducated youth frequently come from minority groups
• Structural--uneducated, unemployed parents tend to have children with
the same future
• Economic--uneducated youth provide no economic contribution and may
become a burden on the society
As you can hopefully see, this drop out problem can be analyzed in quite a
complex way and the solutions developed typically incorporate this
complexity to be responsive to all the objectives.
25. MEXICO CITY
On the other hand consider the simple but elegant solution used
by Mexico City’s Education Secretary Mario Delgado Carrillo.
In the program's three year history the drop out rate has decreased
from 20 to 6 percent and grades have also improved.
What did Delgado do?
[Paid the students directly to go to school. Nothing more.]
26. WHY SE REQUIRES ITS OWN BUSINESS
MODEL
• IF SE IS JUST ENTREPRENEURSHIP DIRECTED
AT SOCIAL PROBLEMS, WHY DO WE NEED TO
CONSIDER DIFFERENT BUSINESS MODELS?
• BECAUSE THE MARKETS LACK TRADITIONAL
RESOURCES, WHICH REQUIRE DIFFERENT
EMPHASIS IN BUSINESS MODEL
27. HACKER SE BUSINESS MODEL
• Partners
• Customer segments
• Sales strategy
• Distribution
• Pricing
• Value proposition
• Capital
28. BUSINESS MODEL
• PARTNERS
– GOVERNMENT (AGENCY)
– LOCAL FOUNDATIONS (EXISTING OR NEW)
– PRIVATE SECTOR COMPANIES
– UNIVERSITIES
– FAITH-BASED ORGANIZATIONS
– MULTI-LATERALS (SOME FOUNDATIONS)
29. BUSINESS MODEL
• DISTRIBUTION
– ARMY
– WORLD FOOD PROGRAM (UN)
– PRIVATE SECTOR COMPANIES
– CSR (CELLULAR, CONSUMER PRODUCTS)
34. GS
• PROBLEM—HOW TO MAKE SMBs GROW
• SOLUTION—COMMUNITY COLLEGES,
BABSON, COMMUNITY DEVELOPMENT
BANKS, ICIC AS PARTNERS;
• APPROACH: EDUCATING,
ADVISORS/MENTORING, CAPITAL ACCESS FOR
SMBs
Editor's Notes
----- Meeting Notes (1/20/15 13:05) -----
-Do we need the word social
-One benefit is SE may present a way to redefine the role of government
-May need a different business model for social problems