• what is social entrepreneurship? • how

8/14/2019 What is Social Entrepreneurship? How

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Content What is Social Entrepreneurship? How is it different from Conventional

Entrepreneurship & Social Work? Why is it required? Examples What are the qualities of Social

Entrepreneur? How to become a Social Entrepreneur?


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Social entrepreneurship

about applying practical, innovative and sustainable approaches tobenefit society in general, with an emphasis on those who aremarginalized and poor.


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Not Simply Non Profit

Management


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Non Profit Scenario

Social Workers Social Activists

Foundations

Associations

Trusts

NGOs Not for Profit Companies


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India does not needIndia does not needmore Managers butmore Managers butmore Entrepreneursmore Entrepreneurs

India does not needIndia does not need

more Managers butmore Managers butmore Entrepreneursmore Entrepreneurs

More aptlyMore aptly

Social EntrepreneursSocial Entrepreneurs


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Not Simply ResponsibleBusiness


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The Pyramid of Social ResponsibilityThe Pyramid of Social Responsibility

ECONOMIC Responsibility

Be profitable

The foundation upon which all other levels rest.

LEGAL Obligations

Obey the law.

Law is societys codification of right and wrong.Play by the rules of the game.

ETHICAL Responsibility

Be ethical.

Obligation to do what is right, just,

and fair. Avoid harm.

PHILANTHROPIC

GoodwillBe a good corporate

citizen.


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Why is SE Needed?

In 2003, according to The World Bank (WorldBank 2004) the population of the globe stood ataround 630 billion people.

Of these roughly half lived on less than $2(app.Rs.90/-) per day.

Over 100 Crore suffered from malnutrition, Over 100 Crore lacked potable water, and 240 Crore did not have access to proper

sanitation. As a result the Bank estimated that more than 1

Crore children die of preventable diseases everyyear.


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Furthermore, the HIV/AIDS pandemic continuesto sweep across Africa and many other developingcountries and is predicted to affect over 10 Crorepeople globally by 2010.

At the same time the level of economic inequalitybetween the richest and the poorest continues togrow, with the poorest 50 per cent of the worldspopulation accounting for just 5 per cent of globalincome


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Growing Social & other

problems like Global Warming : EnvironmentalConcerns


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Growing Social & other

problems like Global Warming : Environmental Concerns Economic Recession : Unemployment Rising Rising Health Epidemics : AIDS, Diabetes, etc

Over Billion Population Increasing Urban Population & decreasing RuralPopulation

Government inefficiencies in Public ServiceDelivery

Resource Crunch for NGOs More Developed Role of NGOs


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What Pushed ? Increased per Capita Wealth Improved Social Mobility (Internet,

Telecommunication )

Extended Lifetimes Increase in Democratic Governments Increase Power of Multinational Corporations Better Education


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Examples Mohamad Yunus, Grameen Bank

Scojo Foundation : Low Cost VisionGlasses

One Acre Fund

Ashoka BASIX


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Social Entrepreneur According to Wikipedia, a socialentrepreneur is someone who recognizes asocial problem and uses entrepreneurial

principles to organize, create, and managea venture to make social change. Whereasa business entrepreneur typically measuresperformance in profit and return, a social

entrepreneur assesses success in terms ofthe impact s/he has on society.


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Social Entrepreneur A pragmatic visionary who achieves largescale, systemic and sustainable socialchange through a new invention, a

different approach, a more rigorousapplication of known technologies orstrategies, or a combination of these.

Combines the characteristics

represented by Richard Branson andMother Teresa.


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ConventionalEntrepreneur

Social Entrepreneur

Individualistic Vision Community Vision

Products: Goods &Service for Market

Products : Goods & Servicefor Community

Focus on Market Focus on solution of social

issuesPerformance Measure is

ProfitPerformance Measures are

social changes


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How SE are Entrepreneurial:They make use of Management Practices

Mission / Vision

Strategy

Business Planning

Accountability / Impact Competition

Opportunities

Resources

Innovation

Financial Management

Human Resources

Governance

Donors / Investors Scale

Organizational Change

Risk


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Never doubt that a small groupNever doubt that a small group

of committed people can changeof committed people can changethe world. Indeed, it is the onlythe world. Indeed, it is the onlything that ever has.thing that ever has.

Never doubt that a small groupNever doubt that a small group

of committed people can changeof committed people can changethe world. Indeed, it is the onlythe world. Indeed, it is the onlything that ever has.thing that ever has.

particularly when they think

and act like social

entrepreneurs


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Social Entrepreneurs need always tobe ten years ahead of their time and

to be prepared to be ridiculed. Thisis the only way to bring about realchange.

Bunker Roy, Barefoot College


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How to be a Social

Entrepreneur? Be aware of social changes Be sensitive to social changes

Identify which issues interest you Environment, Health, Governance,Education, Technology, etc


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Water Selling Water? Recycle Water

Water Saving Toilets/ Showers Rainwater Harvesting

Water Purifiers

Community Water Management


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Social entrepreneurs are 1.) Ambitious

2.) Mission driven

3.) Strategic 4.) Resourceful

5.) Results oriented

6.) Innovative


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Conducive Environment for

Growth of SE OPPORTUNITY IN DISGUISE Venture Capitalists : Social Venture Capitalists Competitions : World Bank Development

Marketplace, Skoll Foundation, IIM, IITsCompetitions etc

Internet : Information is power, now everybodyhas the power

Bottom of Pyramid: Billion + population

S i l E t hi


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Social EntrepreneurshipSupport

Websites

www.ashoka.org, www.changemakers.net www.redf.org/links_general.htm

www.socialvc.net

www.skollfoundation.org/socialedge

www.se-alliance.org www.schwabfound.org

www.echoinggreen.org

http://faculty.fuqua.duke.edu/centers/case/

www.hbs.edu/socialenterprise/ www.aspeninstitute.org

www.socialent.org

www.socialenterprisemagazine.org
http://www.ashoka.org/http://www.changemakers.net/http://www.redf.org/links_general.htmhttp://www.socialvc.net/http://www.skollfoundation.org/socialedgehttp://www.se-alliance.org/http://www.schwabfound.org/http://www.echoinggreen.org/http://faculty.fuqua.duke.edu/centers/case/http://www.hbs.edu/socialenterprise/http://www.aspeninstitute.org/http://www.socialent.org/http://www.socialenterprisemagazine.org/http://www.socialenterprisemagazine.org/http://www.socialent.org/http://www.aspeninstitute.org/http://www.hbs.edu/socialenterprise/http://faculty.fuqua.duke.edu/centers/case/http://www.echoinggreen.org/http://www.schwabfound.org/http://www.se-alliance.org/http://www.skollfoundation.org/socialedgehttp://www.socialvc.net/http://www.redf.org/links_general.htmhttp://www.changemakers.net/http://www.ashoka.org/


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Legal Forms of Social

Enterprises NGOs : Societies Registration Act1860

Companies Regd. Under CompaniesAct. Trusts: Under Indian Trust Act Not for Profit Sec 25 Companies PURE or HYBRID


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Social Entrepreneurship asSubject

Harvard

Stanford

Cambridge IIMs


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India does not need moreIndia does not need more

Managers but more SocialManagers but more SocialEntrepreneursEntrepreneurs

India does not need moreIndia does not need more

Managers but more SocialManagers but more SocialEntrepreneursEntrepreneurs

Be a OneBe a One

• what is social entrepreneurship? • how

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