speaker presentation, hansin dogan, sustainable entrepreneurship
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Speaker presentation, Hansin Dogan, Sustainable EntrepreneurshipTRANSCRIPT
Sustainable Entrepreneurship
Bogazici Universitesi, Istanbul
February 2012
Sustainable Entrepreneurship
Entrepreneurship Entrepreneurship transform innovations into economic goods
SustainabilitSustainability maintenance of responsibility to endure
Sustainable Entrepreneurship
SocialSocial EquitableEquitable
BearableBearable ViableViable
EnvironmentEnvironment
EconomicEconomic
SustainableSustainable
SE is closely linked with the principles of Sustainable Development, which argues that enterprises should make decisions based not only on financial factors such as profits or dividends, but also based on the immediate and long-term social and environmental consequences of their activities.
Sustainable Entrepreneurship
is ….contributing to sustainable development by doing business in a sustainable way
the continuing commitment by business to behave ethically and contribute to economic development while improving the quality of life of the world and of future generations
‘… let’s choose to uniteunite the powers of markets with the authority of universal ideals. Let us choose to reconcile the creative force of private entrepreneurship with the needs of the disadvantaged and the requirements of the future generations…’
Kofi Annan United Nations Global Compact Network
Company
Supply Chain
Market
SocietyPublic
Employees
Government
Publicinstitutions
Creditors/banks
Communities
Businessorganizations
NGOs
Customers
Potentialcustomers Business
partners
Shareholders
Stakeholder Management
Private Sector in Market Developmentactivities along Value Chain
SocialBenefit
Risk
Business Benefits
Attracting funding for charity projects or social investments
Social investments that further business objectives and may contribute to local or international development objectives.------------- UN Global CompactUN Global Compact
-Fostering core business segments targeting at BOP along the value chain- Promoting investments in Pro-Poor goods & services-Supporting local entrepreneurs-------------
Growing Inclusive MarketsGrowing Inclusive Markets
Business Call to Business Call to ActionAction
Compliance Medium to High Strategic and
Operational Impact
Fundamental Strategic and Operational Impact
InnovationSustainable Business Models
Provide funding and skills
Little Strategic or Operational Impact
ValueCreation
Risk Management
Corporate Philanthropy
Private Sector unwilling/unable to improve/ expand services to Low Income Groups (LIG)
Lack of Tenure Results in Low consumption Unexplored Market High cost – Low profit Opportunities Lack of payment culture
Sustainable Entrepreneurship
Role of UNDP
UNDP helps the private sector use its resources to move beyond move beyond philanthropy philanthropy
toward a more sustainablesustainable approach to reaching out to the poor and to support sustainable development at global and national levels.
Inclusive Business ModelsInclusive Business Models
Sustainable Entrepreneurship
Include people with low incomes on the demand side as Include people with low incomes on the demand side as clients and/or as employees, producers and business owners clients and/or as employees, producers and business owners
at various points of the value chain.at various points of the value chain.
Businesses benefit from winning new consumers, expanding Businesses benefit from winning new consumers, expanding workforce and strengthening the supply and delivery chains.workforce and strengthening the supply and delivery chains.
LIGs benefit from meeting basic needs, having sustainable LIGs benefit from meeting basic needs, having sustainable earnings and achieving higher productivity.earnings and achieving higher productivity.
Environmental resources are used sustainablyEnvironmental resources are used sustainably
Report – Main Messages
1 Opportunities exist in ECA to include people with low incomes as consumers, employees, producers and entrepreneurs.
2 Inclusive business models can increase competitiveness
3 Widespread market constraints require innovative solutions
4 The support from others is often essential for success
5 Everybody can contribute to make business more inclusive
The support from others is often essential
15
• Governments create the legal environment that enables and motivates companies to include people with low incomes
• Associations and development agencies and banks support them.Policy Making
Research and Advocacy
Financing
Complementary Capabilities
Role Activities
• Research institutions, think tanks and specialist organizations create the empirical data, analytical knowledge and practical knowhow that guide the creation of effective models.
• Advocacy creates the broad-based awareness and support required to successfully initiate and implement such models.
• Grant and seed funding finances the start-up phases.• Subsidies and other shared-cost models improve the business case
around inclusion.
• Organizations that have longstanding experience in working with the target group often come in to train and inform them or take on other tasks that require local knowledge, networks, and trust.
Everybody can contribute to more inclusive business
• Identify opportunities for inclusion of low-income people• Take a fresh look at marginalized populations• Listen to advocacyCompanies
Governments
Development partners
Civil society organizations
Actor Potential for engagement
• Provide incentives for inclusive business• Improve the enabling environment• Inspire inclusive business models
• Establish community-based inclusive business models• Broker partnerships to enable inclusive business models• Provide funding and technical assistance
• Provide technical assistance• Advocate and raise awareness • Represent beneficiary interests
THANK YOU FOR YOUR ATTENTION!
[email protected]@undp.org
www.iicpsd.orgwww.iicpsd.org
www.undp.org.trwww.undp.org.tr