Loading presentation...

Present Remotely

Send the link below via email or IM

Copy

Present to your audience

Start remote presentation

  • Invited audience members will follow you as you navigate and present
  • People invited to a presentation do not need a Prezi account
  • This link expires 10 minutes after you close the presentation
  • A maximum of 30 users can follow your presentation
  • Learn more about this feature in our knowledge base article

Do you really want to delete this prezi?

Neither you, nor the coeditors you shared it with will be able to recover it again.

DeleteCancel

Make your likes visible on Facebook?

Connect your Facebook account to Prezi and let your likes appear on your timeline.
You can change this under Settings & Account at any time.

No, thanks

Creative_zone

No description
by

Joy Gao

on 11 April 2014

Comments (0)

Please log in to add your comment.

Report abuse

Transcript of Creative_zone

Concepts
Social Enterprise (SE)
Non-Governmental Organization (NGO)

Commercial Enterprise
Corporate Social Responsibility
(CSR)

Social Enterprise

Common understanding:
Social Objectives

Enterprise – Self sustaining (production of products or providing services) & Risk

Arguments:
Reinvesting financial returns

Case: Café 330
Government support

Social support (e.g. CUHK rent-free)

Social burden (Employee Training Benefit
)


NGO
Neither a part of a government nor conventional for-profit businesses

Funding themselves through donations

Problem – Mission Drift


Case:
Richmond Fellowship HK
Founded in 1984, Non-profit making registered charity

Funding: Government/ Donations/Fees / Community Chest…

25 Centers in HK



Commercial Enterprise
Profit- Oriented and maximizing stakeholders’ return

Legal person by law (legal entity)

CSR: commitment by corporations to contribute to sustainable development

Case: UNIQLO
CSR vision of “Making the World a Better Place”

Uniqlo Recycle:
Select, Sort, Deliver

Clothes For Smiles Project:
A fund of One billion yen to bring hope for children all over the world
Commercial
Enterprise
Social
Enterprise
Non-governmental Organization
SE is a hybrid of NGO and CE.

IBBA3010
Group 4
Social
Enterprise
What is
Problem
Get this template from:

http://prezibase.com
S
E
No
Worldwide
Definition
Government
Originated in response to social and economic problems since late 20th century
Increasing unemployment rate
Disadvantaged groups
Public
Low public awareness of the enterprise and its products/services (50.0%)

92.9%
of the survey respondents cite
publicity/promotion
as the support most desired.

Not much support from the private enterprises

Reluctance in investing in SE


Business
Poor Understanding of Social Enterprise
Enhance Publicity
Annual Bazzar
To publicize their businesses

To attract customers/ investors

To build consumer confidence.

E.g: Hong Kong Brands and Products Expo Fair; Hong Kong Book Fair
Social Franchising

Share resources & business know-how

Faster & higher successful rate

More cost-effective:

Bulk purchasing
Marketing cost

Public Sector Procurement
Korea & US

Assigning 5% of the government spending in SE

Strengthen customers/investors confidence

Lack of
Certification system
Comparison
SE is in between.
SE lacks clear definition and recognition.
Major function is
confirmation
Truth of an attribute of an entity
Ensuring a product is what it claims to be
E.g. ISO

Increase
faith
in the certified entity

Current Situation
No official certification system of SE in Hong Kong

Some SE may obtain international certificates in specialized area

Consequences
Difficulty in finding finance channel






Source: Hong Kong Social enterprise landscape study 2012-2013
Not Diversified Enough
Assessing
Criteria:
Social mission

Asset lock

Re-investment of a proportion of profits

Accountability and disclosure requirements.

Monitoring
Ensure fulfillment of the social obligations

Centralized Marketing Strategy

Introduce an Certification Scheme
Survey question 10.
Social Enterprise is a new type of Corporate Social Responsibility.
Certification System
Lack of Legal Framework
Legal Framework
As Company
Tax on company’s net income

Director’s duty of care


Deviation of
Policy Target
Absence of a designated bureau or department to formulate an overall strategy

Legal Framework
Social Enterprises Support Unit
One-stop integrated unit
Oversight, regulation and promotion of SE development

Coordination with other departments
Consistent policy
Avoid duplication of supporting services


Recommendation
Recommendation
Recommendation
Modernize
Legal & Administrative
Infrastructure
"Can I at least get back my capital?"
Appendix
Analyze of Co-operative
Reference
Corporate Social Responsibility: Evolution of a Definitional Construct,
Archie B. Carroll Business Society 1999 38: 268

Corporate Social Responsibility: Strategic Implications,
Abagail McWilliams, Donald S. Siegel and Patrick M. Wright Journal of Management Studies 2006 43:1

Corporate Social Responsibility and the Social Enterprise
, Adrian Woods and James Wallace, Journal of Business Ethics, 81: 2

REPORT ON DEVELOPMENT OF SOCIAL ENTERPRISE

Social Enterprises in Hong Kong, 2013, Bauhinia Foundation Research Center
SE commonly established as

Company


Subsidiaries of NGO



Under NGO
Restriction on charitable purposes

Mission Drift
Thank you!
Stage of Development
UK
: social enterprise account for 1% of GDP
HK
: much less scale and impact


Less restrictive -----> More standardized
Create new legal forms

Specify goals, activities, constraints, governance assets, and incentives.

Italian Law 381 of 1991
France/ Korea/ Portugal/ Poland
Pinpoint characteristics
Structural & Mission characteristics that could be satisfied by existing legal form.

Belgium/ UK

The pursuit of social interests
Distribution of profits
Questions?
Full transcript