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what are some of the ways in which you can motivate your team in a social enterprise? How can you manage the passion and expectation that social purposes create?

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Motivating your “social” enterprise team

IMSD

PROFESSOR Daniel Truran

IMSD / Social Entrepreneurship

ebbf.org / Daniel Truran www.eoi.es

IMSD / Social Entrepreneurship

definitions stifle the creativity, flexibility, adaptability needed for this era

Who knows what jobs will existtwenty years from now?

definitions new mindset

ebbf.org / Daniel Truran www.eoi.es

IMSD / Social Entrepreneurship

the world we operate in

definitions new mindset

“we operate in a radically interdependent, !increasingly transparent, tightly hyperconnected, brutally hypercompetitive, and viciously volatile world. !To create 21st century advantage you will need to produce more enduring, human, fundamental — and fundamentally more meaningful — stuff.”!!Umair Haque!!http://blogs.hbr.org/haque/2010/11/strategy_can_do_better.html

ebbf.org / Daniel Truran www.eoi.es

IMSD / Social Entrepreneurship

social entrepreneur social enterprise

passionate to address a social issue

finance is a secondary objective

an enterprise dedicated to addressing a social issue

also needing to remain financially sustainable to be able to address the issue

ebbf.org / Daniel Truran www.eoi.esebbf.org / Daniel Truran www.eoi.esebbf.org / Daniel Truran www.eoi.es

What can you expect from this course?

An introduction to social entrepreneurship (DT) !Social Entrepreneurship through the lenses of Ashoka 35 years’ experience (MZ) !Social Scaling and Hybrid Value Chains (MZ) !Creating your own social enterprise and social impact (DT) !Inspiring, managing, motivating your team and stakeholders (DT) !Using social media to communicate, learn and co-create (DT)

IMSD / Social Entrepreneurship

ebbf.org / Daniel Truran www.eoi.es

Inspiring, managing, motivating your social enterprise team and stakeholders

how?

IMSD / Social Entrepreneurship

ebbf.org / Daniel Truran www.eoi.es

why?

IMSD / Social Entrepreneurship

why do I go to work on Monday?

give meaning and purpose to the week ahead

ebbf.org / Daniel Truran www.eoi.es

IMSD / Social Entrepreneurship

creating purpose

“Purpose…. you’ve got to get a real purpose — a social purpose, not just a "corporate" one, bereft of meaning to the people you want to create enduring value for. You've got to make the case for why what you're making creates value that matters, counts, endures, last, and multiplies — instead of just the illusion of value. ”!!Umair Haque!!http://blogs.hbr.org/haque/2010/11/strategy_can_do_better.html

ebbf.org / Daniel Truran www.eoi.es

No Moooore Waste (NoMoWa)

IMSD / Social Entrepreneurship

An Exciting Purpose serving a real pain a real social need

that gives meaning and purpose to the week ahead

that creates passion

ebbf.org / Daniel Truran www.eoi.es

Setting Clear Objectives and indicators to give direction and focus to the passion

ebbf.org / Daniel Truran www.eoi.es

Setting Clear Objectives and indicators to give direction and focus to the passion

ebbf.org / Daniel Truran www.eoi.es

clear manifesto / statement that inspires how we operate and why

is a global learning community accompanying mindful individuals passionate about contributing to a prosperous, sustainable & just civilisation through their daily work

www.ebbf.org | why ebbf exists

!identifying emerging issues and opportunities engage in constructive discourse influence, by transforming thinking and action empowering others to take action

www.ebbf.org | ebbf 3 year vision

for the next three years our vision is to specifically:

ebbf.org / Daniel Truran www.eoi.es

It’s not just about purpose and passion but about - how - you are and do what you do

ebbf.org / Daniel Truran www.eoi.es

¿Que es un Innovador Social? (*) “Todos somos potenciales innovadores sociales, ya que consideramos como tal, a quien crea valor e impacto en la sociedad gracias a su actividad diaria, a través de su creatividad, energia emprendedora y los valores que se reflejan en el fin y la visión de su empresa y organización.”

Frank Williams

El espacio que inspira, conecta e impulsa al innovador social

ebbf.org / Daniel Truran www.eoi.es

Setting Clear Objectives

ebbf.org / Daniel Truran www.eoi.es

LIST OF HUB CONECTA MEMBERS !

ebbf.org / Daniel Truran www.eoi.es

No Moooore Waste (NoMoWa)

IMSD / Social Entrepreneurship

Clear and enticing purpose / manifesto “we ….”

Specific objectives and indicators

that creates passion, clarity and alignment of people in our team

ebbf.org / Daniel Truran www.eoi.es

meetings that motivate

Oh no, not - ANOTHER - meeting

ebbf.org / Daniel Truran www.eoi.es

Experiences from your own meetings?

ebbf.org / Daniel Truran www.eoi.es

what should a meeting achieve?

celebrate awareness of overall progress

contributing to purpose

removing obstacles

you should want to go to a meeting

you should find it useful, “glad I went”

ebbf.org / Daniel Truran www.eoi.es

how should meetings achieve their goals?

open consultation

ebbf.org / Daniel Truran www.eoi.es

in our interconnected web 2.0 world

where’s the leader?

ebbf.org / Daniel Truran www.eoi.es

Structure - Flow of Communication

From Uni-Minded

To Pluri-Minded

ebbf.org / Daniel Truran www.eoi.es

Structure - Flow of Communication

ebbf.org / Daniel Truran www.eoi.es

The best work environment

ebbf.org / Daniel Truran www.eoi.es

considered a place.“Work” used to be

ebbf.org / Daniel Truran www.eoi.es

Today, project teams use amazing web tools

anywhere in the world.to work together from

ebbf.org / Daniel Truran www.eoi.es

Where have you been working from?

Benefits / Disadvantages?

ebbf.org / Daniel Truran www.eoi.es

Project teams at work

are beginning to resemble

movie production teams.

ebbf.org / Daniel Truran www.eoi.es

Independent individuals with unique talents get together to work on a

company’s project.

ebbf.org / Daniel Truran www.eoi.es

At the end, they all go their separate ways. They might work together again in the

future. They might not.

ebbf.org / Daniel Truran www.eoi.es

https://www.odesk.com

ebbf.org / Daniel Truran www.eoi.es

According to interviews with more than 500 executives, the key benefit of outsourcing isn’t saving money…

ebbf.org / Daniel Truran www.eoi.es

...it’s innovation.

SOURCE

ebbf.org / Daniel Truran www.eoi.es

“Crowdsource”To split a task into smaller pieces and unleash

it to millions of people around the world.

ebbf.org / Daniel Truran www.eoi.es

Wikipedia’s 13 million articles are all written and maintained by the crowd.

ebbf.org / Daniel Truran www.eoi.es

Microblogging & Flow of Internal Comms

ebbf.org / Daniel Truran www.eoi.es

Inspiring, managing, motivating your “social” team and stakeholders

ebbf.org / Daniel Truran www.eoi.es

YOU

IMSD / Social Entrepreneurship

WHO should be the first person to motivate in a team?

ebbf.org / Daniel Truran www.eoi.es

Your Family

IMSD / Social Entrepreneurship

YOU your partners

your staff

your stakeholders

Who to motivate?

ebbf.org / Daniel Truran www.eoi.es

Feel burdened?

ebbf.org / Daniel Truran www.eoi.es

Energy Creation

ebbf.org / Daniel Truran www.eoi.es

Appraisals

After every appraisal a peak in productivity

Agreed tasks

What worked

Underline and Celebrate!

What does she / he think she / he could improve to achieve the final goals?

What do we aim to achieve?

ideally identify one (max 3) areas for improvement

ebbf.org / Daniel Truran www.eoi.es

IMSD / Social Entrepreneurship

Why motivate?

ebbf.org / Daniel Truran www.eoi.es

Annualized stock market return

10 year 5 year 3 year

IMSD / Social Entrepreneurship

ebbf.org / Daniel Truran www.eoi.es

Attracting Retaining Talent

ebbf.org / Daniel Truran www.eoi.es

The “good” old FEAR Motivation !What do you think?

IMSD / Social Entrepreneurship

ebbf.org / Daniel Truran www.eoi.es

THANK GOD IT’s FRIDAY !

IMSD / Social Entrepreneurship

ebbf.org / Daniel Truran www.eoi.es

THANK GOD IT’s MONDAY !

IMSD / Social Entrepreneurship

ebbf.org / Daniel Truran www.eoi.es

Lack of rest!

IMSD / Social Entrepreneurship

a sign that something is wrong: !burn out rate of workers

(you and your team)

Lack of meaningfulness !Too much meaningfulness and passion (in social enterprise)

ebbf.org / Daniel Truran www.eoi.es

how can you motivate your team?

What motivates?

ebbf.org / Daniel Truran www.eoi.eshttp://www.fastcompany.com/1646337/science-shows-that-bigger-bonuses-create-worse-performance

ebbf.org / Daniel Truran www.eoi.es

What motivates?

ebbf.org / Daniel Truran www.eoi.es

Financial

Autonomy

Mastery

Purpose

IMSD / Social Entrepreneurship

HUB Madrid ops team’s autonomy

ebbf.org / Daniel Truran www.eoi.es

Facebook Motivation

IMSD / Social Entrepreneurship

ebbf.org / Daniel Truran www.eoi.es

What do “people” want?

IMSD / Social Entrepreneurship

ebbf.org / Daniel Truran www.eoi.es

Portrait of Gen Y (Offsprings of baby boomers 20 to 35)

Ambition 84% profess to be very ambitious

Loyalty vs. Quest 45% expect to work for their current employer for their entire career

Multicultural Ease78% are comfortable working with people from different ethnicities and cultures

Healing the Planet 86% say it’s important that their work make a positive impact on the world

Networking by Nature48% say having a network of friends at work is very important 

Harvard Business Review - July August ’09

What does talent demand?

ebbf.org / Daniel Truran www.eoi.es

Flexi-time

Four Day Working Week

Motivation & Inspiration having more than 1 job

ebbf.org / Daniel Truran www.eoi.es

Get to know, really know - Your - Values and the company values

IMSD / Social Entrepreneurship

ebbf.org / Daniel Truran www.eoi.es

Personal Values

Company Values

Shared Area

IMSD / Social Entrepreneurship

ebbf.org / Daniel Truran www.eoi.es

The “values game”

A post-it of “values” that you stick on the back of your “colleagues”

Has anyone at work highlighted or even mentioned the values you or your colleagues have?

How did you feel reading these values?

the values of a leader, the core values of a company ... how can we talk “values” at work?

IMSD / Social Entrepreneurship

ebbf.org / Daniel Truran www.eoi.es

Personal Company

Shared Area / Emotional engagement

Society

Shared purpose and values creating emotional engagement

www.ebbf.org | how to get that “like” ? promise and deliver an emotional experience

making the promise delivering the promise

creating emotional engagement

ebbf.org / Daniel Truran www.eoi.es

No Moooore Waste (NoMoWa)

making the promise delivering the promise

creating emotional engagement

ebbf.org / Daniel Truran www.eoi.es

how / where do you communicate your promise?

www.ebbf.org | how can we make the promise?

ways to make the promise

even something as “boring” as an invoice can become a vehicle to communicate the promise

www.ebbf.org | how can we make the promise?

making the promise

using email signatures

www.ebbf.org | how can we make the promise?

making the promise

www.ebbf.org | how can we make the promise?

making the promise

ebbf.org / Daniel Truran www.eoi.es

Motivation in a social enterprise happens when the passion that stems from your purpose

is balanced by an effective leadership in achieving it,

always remembering to the best way to achieve your purpose is to focus also on the wellbeing,

mastery and autonomy of your highly motivated team of people.

ebbf.org / Daniel Truran www.eoi.esebbf.org / Daniel Truran www.eoi.esebbf.org / Daniel Truran www.eoi.es

What can you expect from this course?

An introduction to social entrepreneurship (DT) !Social Entrepreneurship through the lenses of Ashoka 35 years’ experience (MZ) !Social Scaling and Hybrid Value Chains (MZ) !Creating your own social enterprise and social impact (DT) !Inspiring, managing, motivating your team and stakeholders (DT) !Using social media to communicate, learn and co-create (DT)

ebbf.org / Daniel Truran www.eoi.esebbf.org / Daniel Truran www.eoi.es

Your assignment for Friday 28th June 23:59

Identify a social enterprise (world coverage) !describe stakeholders it positively influenced !describe the social impact it has achieved !highlight measurable indicators of this impact !2 A4 pages maximum - 3 min presentation - website links

IMSD / Social

one (or more) blog entries with highlights from the course20%

email to : daniel.truran@ebbf.org

70%

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