Social entrepreneurs are practical visionaries who possess qualities traditionally associated with leading business entrepreneurs – vision – innovation – determination and long-term commitment – but are dedicated to a systematic social change in their chosen field.
2. GLOBAL ISSUES
Environmental threats
Inadequate education
Declining trust in political institutions
Poor health system
Entrenched poverty
High crime rate
Human right abuses and
Escalating violence
8. When we know that the system is failing
We are not safe, our women are not safe, our children
are not safe
Is there a HOPE?
9.
10. WHAT IS SOCIAL
ENTREPRENEURSHIP?
Social entrepreneurs are practical visionaries
who possess qualities traditionally associated
with leading business entrepreneurs – vision –
innovation – determination and long-term
commitment – but are dedicated to a systematic
social change in their chosen field.
They adopt a MISSION to create a Social Value
and not just Private Value
11. This is the core of what distinguishes SE
from BE
Making a profit, creating a wealth or
serving the desires of customers may be
part of the model, but these are means to
a social end, not the end in itself
Profit is not gauge of value creation,
social impact is the gauge
12. Social entrepreneurs look for long-term
social return on investment.
They want to create lasting
improvements.
They think about sustaining impact.
13. DIFFERENCE BETWEEN SOCIAL
ENTREPRENEURS AND BUSINESS
ENTREPRENEUR
BUSINESS
ENTREPRENEUR
• Strong in ‘Need for
Achievement’ passion for
achievement his/her
personal goal.
SOCIAL
ENTREPRENEUR
• Strong in ‘Need for
Extension Motivation.
Passion for achieving
social mission with an
image of business-like
discipline, innovation
and strong
determination.
14. • Business entrepreneurs
are catalysts and
innovators behind
economic growth.
• Successful business
entrepreneurs are
change agents and
contribute to economic
growth of a country.
• Social entrepreneurs are
catalysts and innovators
essentially creating
social values. E.g..
Creating social value by
reducing pollution or by
saving the spotted owl.
• Social entrepreneurs are
the change agents in the
social sector. They are
reformers and
revolutionaries describe
by Schumpeter, but with
social mission.
15. • They have created large
markets and also
created resources
required for the same.
• Their actions have
potential to stimulate
global improvement in
their chosen arenas,
whether that is
education, health care,
economic development,
the environment, the arts
or any other social
sector field.
However, social
entrepreneurs do serve
large markets with
limited resources.
16. One of the most successful examples of social
enterprise for-profit is that of Grameen family of
organizations.
• Grameen Bank – a microfinance organization
• Grameen Phone – for-profit organization serving
more than 10 million customers providing cost-
effective and quality services in Bangladesh.
• Grameen Danone Foods – a joint venture between
Grameen Bank and French Food Company Danone. It
is for-profit company producing and selling fortified
yoghurt and branded shaktidoi.
• Grameen America is microfinance organization to
alleviate poverty through entrepreneurship for
Bangladeshi women .
17. SIX QUALITIES OF SOCIAL
ENTREPRENEURSHIP
The most successful social entrepreneurs are
who are most determined to achieve a long-term
goal that was deeply meaningful to them.
18. SIX QUALITIES
• Willingness to self-correct:- Because of
their motivation, highly successful social
entrepreneurs are highly self- correcting.
• Willingness to share credit:- It has been said
that there is no limit to what you can
achieve, if you don’t care who gets the
credit. If an entrepreneur’s true intention
is simply to make change happen, then
sharing credit will come naturally.
19. • Willingness to break free of establishing
structures.
• Willingness to cross disciplinary boundaries:-
Pulling together people from different
spheres, with different kind of experience and
expertise, who can together build workable
solutions.
• Willingness to work quietly.
• Strong ethical impetus.