social entrepreneurship: a golden opportunity for china to show leadership
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Social Entrepreneurship: A Golden Opportunity for China to Show Leadership. 2010 China Corporate Citizenship Forum 21 st Century News Group December 3, 2101 Professor J. Gregory Dees, Ph. D. Center for the Advancement of Social Entrepreneurship Duke University’s - PowerPoint PPT PresentationTRANSCRIPT
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Social Entrepreneurship:A Golden Opportunity for China to Show Leadership
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China is well positioned to lead
the world in creating an
environment in which social
entrepreneurship thrives and
creates maximum benefits for
society.
Will you take this opportunity
and create such an
environment?
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1. The Dynamics of Societies
2. The Nature of Social
Entrepreneurship
3. How Social Entrepreneurship Helps
Societies
4. The Need for a Supportive
Environment
5. Returning to the Opportunity
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Uncertainties
Shocks and Disruptions
Resulting in an evolving set of social problems and tensions that need to be addressed
Competing Demands
Constant ChangeComplexity
Unintended Consequences
Resource Constraints
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Experiment and Learn
Value Resourcefulness
Adapt to Changes
Be Alert and Flexible
Encourage Collaboration
Empower Innovators
Resulting in a capacity to react in a timely and effective way to the
evolving social problems
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Social entrepreneurship contributes significantly to this adaptive capacity
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Late 18th century, French economist, Say:Entrepreneurs shift economic resources out of areas of lower and into areas of higher productivity and yield (Value creators)
20th century, Austrian economist, Schumpeter:The function of entrepreneurs is to reform or revolutionize the pattern of production (Innovators)
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Professor Peter Drucker, management guru:
The entrepreneur always searches for change, responds to it, and exploits it as an opportunity (Opportunity-oriented)
Professor Howard Stevenson, Harvard:Entrepreneurship is the pursuit of opportunity without regard to resources currently controlled (Resourceful)
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When existing conditions in a society fall short of our goals for a prosperous, harmonious, just, healthy society, this creates a social problem as well as an opportunity for progress
Social entrepreneurs create social progress by
Applying the entrepreneurial orientation
In order too move us closer to our social goals in a sustainable way
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Identify and relentlessly purse opportunities to create sustainable solutions to social problems
Continuously innovate, adapt, and learn
Act boldly, not constrained by resources currently in hand, and
Hold themselves accountable for
•achieving their intended social impact and
•using resources wisely
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The problems tackled are wide ranging:
•Waste Concern in Bangladesh
•VisonSpring in India and El Salvador
•Canyou Software in China
•Latino Community Credit Union in the U.S.
Some involve major corporations
•M-PESA from Vodafone and Safaricom
•BASF and Danone partnering with Grameen
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Harnesses private initiative, ingenuity (including business acumen), and investment to solve social problems
Enhances the adaptive capacity of a society by decentralizing social problem solving and innovation
Serves as a valuable learning laboratory consisting of relatively low risk experiments to find what works and what does not
Provides services that create value for both government and businesses, as well as the poor or society as a whole
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When we want to help the poor, we usually offer them charity. Most often we use charity to avoid recognizing
the problem and finding a solution for it. Charity becomes a way to shrug off
our responsibility. Charity is no solution to poverty. Charity only
perpetuates poverty by taking the initiative away from the poor.
Muhammad Yunus, social entrepreneurWinner of Nobel Peace Prize in 2006
from his book Banker to the Poor, 1999
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Social entrepreneurship has been rising in popularity, but no society has fully developed a strong supportive ecosystem yet
As a result, many social entrepreneurs have difficulty scaling their innovations and impact
China has the opportunity to learn from efforts in other nations, begin fresh, and draw on the skills built in the last two decades
Social entrepreneurship can help China build the bridge from prosperity to harmony
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Corporate Leaders:Look for opportunities to use your
business skills, technological know-how, operating capacities, and financial resources to improve the effectiveness of social entrepreneurs
Government Leaders:Remove barriers and create appropriate
legal structures and regulations to empower social innovation and capture lessons learned
Philanthropists and Investors: Focus your resources in a disciplined way
on supporting social entrepreneurs and capturing knowledge learned
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University Professors and Leaders:Educate students to be effective social
entrepreneurs, conduct research to draw out the lessons learned, advise public and private leaders on policies and strategies, and incubate new social ventures that emerge out of the universities
Media Leaders:Cover social entrepreneurship seriously
(not just as “feel good” stories), as you would business entrepreneurship, help to identify the successes and draw lessons from the failures, highlight companies, individuals, and civil servants who are finding creative and disciplined ways to engage with and support social entrepreneurs
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