social entrepreneurship topic 1
TRANSCRIPT
Dr Anis Amira Ab Rahman 2015
CHAPTER 1
INTRODUCTION TO SOCIAL
ENTREPRENEURSHIP
Dr Anis Amira Ab Rahman 2015
What make you a (social) entrepreneur?
Dr Anis Amira Ab Rahman 2015
ORIGIN
STARTED BY ASHOKA, FOUNDED IN 1980 BY BILL
DRAYTON
Dr Anis Amira Ab Rahman 2015
Entrepreneurs…
… are motivated
Dr Anis Amira Ab Rahman 2015
Entrepreneurs…
… are innovative
Dr Anis Amira Ab Rahman 2015
Entrepreneurs…
… are resourceful
Dr Anis Amira Ab Rahman 2015
Entrepreneurs…
… take chances
Dr Anis Amira Ab Rahman 2015
Then,
what is actually social entrepreneurship?
Dr Anis Amira Ab Rahman 2015
How is social entrepreneurship different?
Dr Anis Amira Ab Rahman 2015
But,Motivation are different
Dr Anis Amira Ab Rahman 2015
But,Innovation is different
Dr Anis Amira Ab Rahman 2015
But,Resourcefulness is different
Dr Anis Amira Ab Rahman 2015
But,Risk taking is different
“The reasonable man adapts himself to his environment. The unreasonable one persists in trying
to adapt his environment to himself. Therefore, all progress depends on the unreasonable man (and
woman)”
- George Bernard Shaw
Dr Anis Amira Ab Rahman 2015
Other DifferencesFocus on “systems thinking” and “system change”
Seek “profit” in traditionality unprofitable pursuits
Possess a strong “ethical impetus”
“social entrepreneurs are not content just to give a fish or how to teach fish. They will not rest until they have revolutionized the fishing industry”
-Bill Drayton
“ (social entrepreneurs) work in area where there is partial or total market failure..what distinguishes them is that are prepared to strike a very different balance when it comes to creating value for those who would not normally be able to afford it”
-John Bkington
David Bornstein : “why do you work on the kinds of projects you do? Why don’t you just want to make a lot of money?”
Fabia Rosa : “I am trying to build a little part of the world in which I would like to live. A project only makes sense to me when it proves useful to make people happier and the environment more respected, and when it represents a hope for a better future. This is the soul of my projects.”
Dr Anis Amira Ab Rahman 2015
Some Definitions
“ social entrepreneurs identify resources where people only se problems. They view the villagers as the solution, not the passive beneficiary. They begin with the assumption of competence and unleash resources in the communities they are serving”
- David Bornstein
“ A social entrepreneur is someone who recognizes a social problems and uses entrepreneurial principles to organize, create and manage a venture to make social change”
- Wikipedia
Dr Anis Amira Ab Rahman 2015
Social Entrepreneurship
“ Any creative and innovative solution applied to solve social problems”(Mohammad Yunus, 2007)
it involves social mission profit and/or entrepreneurial processes
Dr Anis Amira Ab Rahman 2015
Social Activist
Dr Anis Amira Ab Rahman 2015
Social Activist
An eye for an eye only ends up
making the whole world blind.
Dr Anis Amira Ab Rahman 2015
Its not Charity
giving disadvantaged people chances
finding innovative ways to market and
sell products in a competitive manner
being profitable and sustainable
being accountability to constituencies
served
Dr Anis Amira Ab Rahman 2015
Key Ingredients of a Social Entrepreneur
Social Activist Business Pioneer Social Entrepreneur
Dr Anis Amira Ab Rahman 2015
From NGO, social business to PMB
NGO(non-profit)
NGO(for-
profit)
Social enterpris
eSocial
business
Business enterpris
eCSR
Profit maximizati
on business
(PMB)Business
enterprise
Dr Anis Amira Ab Rahman 2015
What is social enterprise?
organizations (non-profit or for-profit) that imbed both social purpose and business purpose into their organization
returns are both Social (i,.e. impact) & financial (i.e. profit)
key distinguishing factor : how deep social & business purpose is imbedded
Dr Anis Amira Ab Rahman 2015
Components of business
A goal
A product/service
A transaction
A legal form
Dr Anis Amira Ab Rahman 2015
Social Enterprise has…
Focus of
transaction
?
Need it, but..
Still
Challenge
Dr Anis Amira Ab Rahman 2015
The SE Product / Service
But…“social benefit” is added somewhere on the value chain
It’s still…
Dr Anis Amira Ab Rahman 2015
What is Social Benefits?
for our purpose, social benefit may arise when one attempts to overcome an injustice or inequity in society that market, on its own, cannot respond to
~ e.g. creating employment opportunities that may not otherwise be employable in the marketplace
a similar concept – “environmental benefit”
Dr Anis Amira Ab Rahman 2015
The SE Transaction
Traditional Business Social Enterprise
customers customers
clients
Dr Anis Amira Ab Rahman 2015
The SE Goal – Social vs. Financial Purpose
Social Purpose
~ creating a “social return” by making positive change within an inequitable social system
examples : reduced poverty, improved literacy
Financial Purpose
~ creating a “financial return”, usually through the sale of products/service in the marketplace
Blended Purpose
~ effecting social change by combining social and financial return~ also called “Blended Value”
Dr Anis Amira Ab Rahman 2015
The Legal Form
no clearly defined legal form for social enterprise in Canada
“form follows function”
Dr Anis Amira Ab Rahman 2015
What does this mean?
Social Enterprise
CSR
Social Enterprise
Complexity
Dr Anis Amira Ab Rahman 2015
What Se is and is Not
Social Enterprise is Not… Social Enterprise is… a fundraising strategy (i.e. a “give” mentality)
a business line (i.e. a “sale” mentality)
solely focused on either “customers” or “clients”
focused on either “customers” or “clients”
dependent on restricted funds for operations (i.e. not sustainable)
sustainable (ideally “self-sufficient”)
an event or one-off activity (i.e. conferences, bake sales)
a continuous, market-driven activity
providing value to clients only providing value both “clients” and “customers” (and distinguish between both)
quick a venture that may take several years to become profitable/sustainable
Dr Anis Amira Ab Rahman 2015
Some Definitions
Dr Anis Amira Ab Rahman 2015
SEs bring new approaches to social issues
Dr Anis Amira Ab Rahman 2015
Conclusion
Social Entrepreneurship = profit + social purpose
Dr Anis Amira Ab Rahman 2015
REFERENCES
http://www.slideshare.net/socialentrepreneurship/entr4800-class-1-introduction-to-social-entrepreneurship-and-social-enterprise-14373141?v=default&b=&from_search=2
http://www.slideshare.net/profjorge_entrep/social-entrepreneurship-7996666?v=qf1&b=&from_search=14
http://www.slideshare.net/ananiculaes/introduction-to-social-entrepreneurship-30987971?v=qf1&b=&from_search=1
http://www.slideshare.net/robinlow/social-entrepreneurship?v=qf1&b=&from_search=15
http://www.slideshare.net/anupendra/raj-melville-social-entrepreneurship?v=qf1&b=&from_search=16