the biz of social change

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    The Business of Social Change

    Rogelio Morales

    Project Quality AdvisorAgriTeam Canada

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    AgriTeam

    AgriTeam Canada Consulting

    Provides management and technical expertise

    to developing and transitional countrypartners on projects

    Promote sustainable growth

    Meaningful opportunities for people to improve

    lives

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    AgriTeam, Part 2

    Prioritize local ownership and capacity

    development

    Partner with IDA like CIDA, ADB, WB, UN Projects: 170 worldwide

    Expertise: Capacity Development, CSR, M&E,

    Project & Investment Feasibility Studies,Proj Planning & Design, RBM

    Sectors: Agri, Comm Devt, Health, Environ

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    My Work At AgriTeam

    Project Quality Advisor

    Electronic Governance for Efficiency &

    Effectiveness Local Partner: CICT

    Specifics: Piloting the EGF Procedures

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    The Business of Social Change

    Rogelio Morales

    Project Quality AdvisorAgriTeam Canada

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    Agenda

    Opportunity as an Entrep Characteristic

    Finding Opportunity

    Opportunities in Social Change Q&A

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    What Entreps Do?

    Habitually create and innovate to

    build something of recognized

    value around market opportunities.

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    Taken Apart

    Habitually create and innovate tobuild something ofrecognized

    value around market opportunities.Innovate able to overcome obstacles

    that would stop most people, turn problemsand risks into opportunities, deliver, and see

    ideas through to final applicationBuild something the output of the

    innovation process

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    Wheres the Opportunity?

    Changes in the environment;seeing the patterns of change.

    Not resource driven. Not Withthese resources, what can Iachieve? but Given what I want

    to achieve, what resources do Ineed to acquire?

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    The Product and The Market Intersects

    A product that fulfills (or creates) aneed at just the right time, in the

    right place Ease the Pain. If the product is not

    practical, functional, grounded on

    reality then it has very littlechance. Nobody buys uselessproducts.

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    Wheres the next big thing?

    So where is the next million-dollar idea hiding,just waiting to be discovered?

    A great idea alone doesn't guarantee success

    you also need to be able to recognize when aconcept has the potential to becomesomething tangible and hit it big

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    How to Recognize Opportunity

    Is my idea realistic? Is it technically andfinancially feasible?

    Is there a strong need for my potential

    product? Is this a need I passionately want to address?

    Does pursuing this opportunity meet my goalsas an entrepreneur?

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    When Idea=Opportunity

    When it is attractive, durable and timely and isanchored in a product or service that createsor adds value for its end buyer or user.

    The most successful entrepreneurs areopportunity-focused; that is, they start withwhat customers and the marketplace wantand do not lose sight of this.

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    Venture/Enterprise Realities

    Success is highly situational.

    Starting a company is a lot harder than itlooks, or you think it will be.

    Most new ventures are works in process. Crucial: speed, adroitness of reflex, and

    adaptability

    Key to success is failing quickly and recoupingquickly.

    Best entrepreneurs specialize in making "newmistakes" only.

    Quotes from "New Venture Creation," 2004, by Timmons and Spinelli

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    Dont Ignore Customer Needs

    Apples Netwon vs. Palm Pilot

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    What is the Aim of the Enterprise?

    Do you just want to make money or also

    change society?

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    The Business of Social Change

    One area of Opportunity is in SocialEntrep

    There are more and moreentrepreneurs that set up venturesthat make money and improve

    society at the same time. Many now aim to make money and

    support a cause.

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    The Social Entrepreneurs

    Are like the traditional entrep but they are

    into it to influence Social Change

    Find innovative ways to create betteroutcomes for society

    Social enterprise a business that makes

    money but initiates social change.

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    The Developing World

    20% of the worlds population lack clean water

    40% lack adequate sanitation

    20% lack adequate housing

    70% unable to read

    20% earn less than $1 a day

    20% underfed and 20% overfed

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    The Developing World

    20% suffer from malnutrition (35% under age

    5)

    35,000 people die every day from hunger-related causes

    250,000 children die each week of

    malnutrition and preventable diseases

    40% of population at risk of malaria

    Deaths from AIDS increased more than 6x

    over the 1990s.

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    Reality:

    There is a great

    divide between

    the haves andthe have-nots

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    Some Social Issues Prevailing in the

    Phils

    Graft & Corruption

    Poverty

    Literacy

    Disabled Access to Justice, Health (DTTB)

    Abuse vs. Women and Children

    Families in Conflict areas Calamities

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    Social Entrep Profile

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    Muhammad Yunus Professor of economics in his native

    Bangladesh

    30+ years ago, driven to find a way to convince

    banks to give loans to the poorest people inhis country.

    The poor have no collateral, he was told.Loaning them money is folly.

    Yunus decided to start a bank for the poor,Grameen Bank the first micro-lendinginstitution

    The first loan was for about 30 US dollars, to

    women in particular.

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    Muhammad Yunus

    Today, microcredit is mainstreamed even into

    the most conservative institutions.

    Yunus changed forever the myth that beingpoor was synonymous with being a high-risk

    investment.

    Over the years repayment rate has been

    between 95-98%.

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    The triple Bottom line

    Financial, economic, environmental/social

    issues

    Green businesses, CSR

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    Other Items

    Bill & Melinda Gates , Warren Buffett

    Manny Villar

    Rajo Laurel

    Binalot Pinoy Fast Food University/Centers for Learning

    Fair Buying, wellness products

    Illac Diaz Winding Radio/Water wheel pump

    Oxfam, World Vision, etc

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    Your Questions Answered

    Can an social enterprise be profitable?

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    Thank You!

    Reference:

    www.agriteam.ca

    www.ashoka.com

    Wikipedia (on Social Entrepreneurship, Capacity

    Development)

    www.dswd.gov.ph

    www.ebbf.org/social_entrepreneurship