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Social Entrepreneurship

Be A Change Agent

Rhondda Waddell

on 24 January 2017

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Transcript of Social Entrepreneurship

Social Entrepreneurship
What is social entrepreneurship?
Social entrepreneurship is the attempt to draw upon business techniques to find solutions to social problems.This concept may be applied to a variety of organizations with different sizes, aims, and beliefs
Social Problems Of The World
The Way out
Be A Changemaker
What do social entrepreneurs do?
"A person who identifies resources where others see only problems and unleash resources in the communities they are servicing." Name some examples.....
3. There are legal/economical/political structures globally that stop the world from being the ideal social world.
Why social entrepreneurship?
Natural Factors
1. Finite Natural Resources
2. Human Impact
Growing Population
Muhammed Yunnus
Banker To The Poor
(Grameen Group)
Maria Montessori
Developed Early Childhood Education
Jimmy Wales
Creator of Wikipedia
Wendy Kopp
(US)Teach For America
Do You Want To Make A Difference In The World?
Are You Looking For A More Effective Way To Bring About Social Change?
Traditional Business Approach:

Business Projects
Donations to Charity
Taxes to Government
Service To Society
Old Paradigm:
Start A Company
Make Tons Of Money
Cash Out Become A Philanthropist
New Paradigm:
I want To Change The World Now!
The New Way Of Doing Business

* Satisfy Needs of Customers
* Generate Financial Returns
*Be Accountable for where the supplies come from
*Assess the cost and benefits to the countries, communities and environment touched along the way (short and long term impact)
*Do integrated, simultaneous planning and management, with every group bearing responsibility for the end product and not just for a specialty.


Social Reporting

Kanter (2013)

The Way Of Doing Business
Change The Mindset

In the past you could simply donate money to the disadvantaged.

Now, however, you pay for social products and get entertainment. People are looking for satisfaction.

Tsui and Chan (2012)
Are You Inspired By Those Who Have Made A Difference?
Start Your Own Project!
Make Sure it is:
The Social Problem That I Would Like To Solve
Protect Children In Schools
The Mindset You Will Need--
Design Thinking
Brown & Wyatt (2010)
Design Thinking is inherently optimistic, constructive and experiential.
- Go out into the world and observe
- Build credibility and ensure understanding

-Test competing ideas
- Challenge the status quo, be creatively disruptive, and achieve divergent thinking
- Use open innovation

- Create an action plan
-Create a prototype
- Do not be afraid of experimentation and failure, as long as you learn from them
Systemic Solutions

-High Impact
-Bubble up from below rather than impose from the top
How Can I Induce Change?
- Volunteer
- Donate
- Start Your Own Project
-Have a Vision
-Prepare A Baseline Analysis
-The situation you want to improve
- The current social impact eco-system
-Have Awareness
-What definitions of social entrepreneurship do you follow?
- Do you partner with other organizations?
-What type of investment do you look for?
-What do you do with your profit?
-Down to Action
-Strategy for Scaling: Is it good return on the investment?
-Measure your impact.
-What is your role in the process?
Steenhusien (2013)

The Goal

The emergence of a fourth sector, the for-benefit enterprise, that "transforms the course of capitalism." Sabeti (2011)
All the innovation could be a part of a large fourth section, supported by legal and market structure.
Connect with like minded people and take advantage of incubators!
Feed the Hungry and
Save The World:
Be A Bee Charmer
The Hub
Ashoka is the largest network of social entrepreneurs worldwide, with nearly 3,000 Ashoka Fellows in 70 countries putting their system changing ideas into practice on a global scale. Founded by Bill Drayton in 1980, Ashoka has provided start-up financing, professional support services, and connections to a global network across the business and social sectors, and a platform for people dedicated to changing the world. Ashoka launched the field of social entrepreneurship and has activated multi-sector partners across the world who increasingly look to entrepreneurial talent and new ideas to solve social problems.
Powerless Women
People Living with Disabilities
Lack of Education
Lack of Housing
Jane Addams
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