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SOCIAL
ENTREPRENEURSHIP
ITEC PROGRMME
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
From Despair to Hope
Bureaucracy and Leadership FAILS and goes into
Gridlock
Rivers Die……
Its air and water is not fit to consume
for humans
As millions move to cities that cannot
house them
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?
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
 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
 Social entrepreneurs look for long-term
social return on investment.
They want to create lasting
improvements.
They think about sustaining impact.
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.
• 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.
• 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.
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 .
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.
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.
• 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.
Finally,
DEFINING SOCIAL
ENTREPRENEUR
Social entrepreneurs play the role of change
agents in the social sector by adopting a mission
to create and sustain social values (not just
private value).
THANK YOU

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Social entrepreneurship verses Business Entrepreneurship

  • 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
  • 4. Bureaucracy and Leadership FAILS and goes into Gridlock
  • 6. Its air and water is not fit to consume for humans
  • 7. As millions move to cities that cannot house them
  • 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.
  • 20. Finally, DEFINING SOCIAL ENTREPRENEUR Social entrepreneurs play the role of change agents in the social sector by adopting a mission to create and sustain social values (not just private value).