Social Entrepreneurship: The Relentless Pursuit of Mission in an

Ever-Changing World

Social Entrepreneurship: The Relentless Pursuit of Mission in an

Ever-Changing World Jill Kickul, Ph.D., Director

Stewart Satter Program in Social Entrepreneurship Berkley Center for Entrepreneurship and Innovation

“There is an idea that values are divided between the financial and the societal, but this is a fundamentally wrong way to view how we create value. Value is whole. The world is not divided into corporate bad guys and social heroes.”

Jed Emerson, Blendedvalue.org

Social Enterprise Provides business solutions –

Social/environmental & economic benefit “Multiplies” impact and investment Delivers sustainable, system wide impact

What is a Social Entrepreneur? Relentless in mobilizing Local, Regional and Global

Linkages Measures success based on total value returns

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The Global Rise of

Social Entrepreneurship

International Wealth Disparity

CSR Movement

Tech & Shared GlobalMoral Responsibility

Market, Institutional & State Failures

Social Enterprise – It Matters Because…

New Models of Opportunities and Innovation (Blended Value Approach)

New Models of Sustainability and Development New Models of Scale and IMPACT ….. New Opportunities for Teaching and Learning

Madecasse – Social Enterprise in Action

This Is Beyond Chocolate!

Inspired by our Peace Corps experiences in Madagascar, we help rural cocoa farmers access the equipment and training they need to get more value from their crops.

Then we take it a big step further and actually make the chocolate in Madagascar. Madécasse is one of the only chocolates made in all of Africa! This creates 4x more income than Fair Trade.

Merging Two Perspectives - Impact

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Development societal perspective

E.g. Economic Growth/GDPPoverty AlleviationEducationSocial StabilityPublic HealthHuman RightsGovernanceCapacity BuildingEnterprise DevelopmentEnvironmental Sustainability

Broader development contributionB

usin

ess

pers

pect

ive

InfrastructureInnovation ItselfProducts and ServicesJobsSkills and TrainingProcurementTaxesCorporate GovernanceEnvironmental Management

Business activity

Direct impacts

Indirect impacts

Resources

Defining Social Impact

Our working definition of social impact

▪ A meaningful change in economic, social, cultural, environmental, and /or political conditions…

▪ …due to specific actions and behavioral changes…

▪ …by individuals, communities, and / or society as a whole

Resources (Resource Strategy)

Activities (Operating Model)

Outputs Short and Long Term Outcomes

Impact

In order to accomplish our set of activities, we will need the following:

In order to address our problem, we will accomplish the following activities

We expect that once accomplished these activities will produce the following evidence or service delivery

We expect that if accomplished, these activities will lead to the following changes in 1‐3 then 4‐6 years

We expect if accomplished these activities will lead to the following changes in 7‐10 years

Tangibles:•FundingIntangibles:•People (social capital)

Assembling of the Business Plan Itself:•Vision & Mission•Strategy (includes Go‐to‐market strategy, marketing plan•Competition•Team and Operational Plan•Growth Strategy•Measuring Results•Financial Plan

Educational Entrepreneurial Impact

Enrich for Impact:Innovative Curriculum

Ethics/Corporate Social Responsibility/Diversity/Wealth Distribution

Environmental Sustainability Economic Development Social Venturing Non-Profit Management

Energy & the Environment

Advanced Global Perspectives on Enterprise Systems

Developmental Strategies for Poverty Alleviation

Social Venture Capital

Social Venture Fund Practicum

Foundations of Social Entrepreneurship

Leading Sustainable Enterprises

Growth in the Developing World and the World Economy

Social Innovation and Impact Courses

Social Entrepreneurship in Action

http://www.youtube.com/watch?v=WybIHUBE5YY

Recent India Trip:International Social Impact StrategiesCross Campus/Cross UniversityNYU Stern, Wagner, SteinhartNYU-Stern and MIT-Sloan

International Social Impact Strategies (ISIS)

Team-based projects focused on areas including micro-entrepreneurship, renewable energy, microfinance/cooperative farming, family planning, fellowship development, and health services

Students gain exposure to a partnering firm's innovative model for addressing respective issues, as well as to other stakeholders in the field (customers, suppliers, government) to provide an additional lens and perspective into the complexity of making scalable progress in implementing new solutions

1298Tasty Bite

Tasty Bite/BASIX

Deshpande FoundationNextGen PMS

Social Entrepreneurship Support Websites

www.ashoka.org, www.changemakers.net www.skollfoundation.org/socialedge www.se-alliance.org www.echoinggreen.org www.aspeninstitute.org

Conferences NYU Stern Social Entrepreneurship Conference Skoll World Forum on Social Entrepreneurship

http://www.youtube.com/watch?v=N7vMz_bF37g&feature=channel