Social Entrepreneurship

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Social
Entrepreneurship
What is Social Entrepreneurship ?
• Social entrepreneurship is all about recognizing the social
problems and achieving a social change by employing
entrepreneurial principles, processes and operations.
• The change may or may not include a thorough
elimination of a social problem.
• It may be a lifetime process focusing on the improvement
of the existing circumstances.
Who is a Social Entrepreneur ?
• A social entrepreneur is somebody who takes up a
pressing social problem and meets it with an innovative
or path breaking solution.
• By definition social entrepreneurs are great people
recruiters who present their ideas or solutions in a way
that many people, who are either part of the problem or
surrounding it, recognize a need for change
Social Entrepreneurs in India
 Vinoba Bhave Founder and Leader of “Land Gift
Movement”.
 Ela Bhatt Founder of “Self-Employed Women’s
Association” (SEWA) and the SEWA Cooperative Bank
in Gujarat.
 Sunil Bharti Mittal, founder of Airtel
 Dr. Verghese Kurien Founder of the AMUL Dairy
Project.
Functionof Social Entrepreneurship
To create and maintain a stable level of
employment.
Create jobs and provide support to socially
vulnerable groups.
Social Entrepreneurship promotes development of
entrepreneurial skills.
Compensating countries narrow place.
Social Entrepreneurs create social innovation and
change in various areas, including education,
health, environment and business development.
Social Entrepreneurship reduces poverty risk.
Address the root of the issues
Transform the sectors
Make lasting changes on society
Solve problems that governments have not been able
to address sufficiently.
Business Model
Example for this model is GRAMEEN BANK
• It Provides credit and financial service.
• It was first started to provide funds for the rural poor
in Bangladesh.
• Creating self employment opportunities to quickly
increase their income and empower the poor.
• Since social enterprises do not work typically the way
corporate setups or private firms work, they offer
flexible working environment which is as per the liking
of many people groups.
• Creates value for the society and some times generate
income (if not wealth).
• As a thumb rule, the solutions they offer are supposed
to be innovative, unique, people and environment
friendly
Advantages of Social Enterprises
• The risk of losing nonprofit status.
• Lack of support or funds.
• Possibility of poor reputation due to disaster
• commercial assumption
Disadvantages of Social Enterprises
Conclusion
• Social entrepreneurship is an innovation and pragmatic
vision to tackle the challenges of poverty,
marginalization and other pressing social crises
• “The most significant contributor of this ‘success’ is the
character of being a responsible corporate citizen
• This can only be achievable through a sincere and a
committed effort for contributing towards the well-being
of the community not by charity alone.
•
It gives confidence that such innovative, scalable and
sustainable social ventures are key levers and
accelerators for transformational social change.
THANK YOU
1 de 10

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Social Entrepreneurship

  • 2. What is Social Entrepreneurship ? • Social entrepreneurship is all about recognizing the social problems and achieving a social change by employing entrepreneurial principles, processes and operations. • The change may or may not include a thorough elimination of a social problem. • It may be a lifetime process focusing on the improvement of the existing circumstances.
  • 3. Who is a Social Entrepreneur ? • A social entrepreneur is somebody who takes up a pressing social problem and meets it with an innovative or path breaking solution. • By definition social entrepreneurs are great people recruiters who present their ideas or solutions in a way that many people, who are either part of the problem or surrounding it, recognize a need for change
  • 4. Social Entrepreneurs in India  Vinoba Bhave Founder and Leader of “Land Gift Movement”.  Ela Bhatt Founder of “Self-Employed Women’s Association” (SEWA) and the SEWA Cooperative Bank in Gujarat.  Sunil Bharti Mittal, founder of Airtel  Dr. Verghese Kurien Founder of the AMUL Dairy Project.
  • 5. Functionof Social Entrepreneurship To create and maintain a stable level of employment. Create jobs and provide support to socially vulnerable groups. Social Entrepreneurship promotes development of entrepreneurial skills. Compensating countries narrow place. Social Entrepreneurs create social innovation and change in various areas, including education, health, environment and business development. Social Entrepreneurship reduces poverty risk.
  • 6. Address the root of the issues Transform the sectors Make lasting changes on society Solve problems that governments have not been able to address sufficiently. Business Model Example for this model is GRAMEEN BANK • It Provides credit and financial service. • It was first started to provide funds for the rural poor in Bangladesh. • Creating self employment opportunities to quickly increase their income and empower the poor.
  • 7. • Since social enterprises do not work typically the way corporate setups or private firms work, they offer flexible working environment which is as per the liking of many people groups. • Creates value for the society and some times generate income (if not wealth). • As a thumb rule, the solutions they offer are supposed to be innovative, unique, people and environment friendly Advantages of Social Enterprises
  • 8. • The risk of losing nonprofit status. • Lack of support or funds. • Possibility of poor reputation due to disaster • commercial assumption Disadvantages of Social Enterprises
  • 9. Conclusion • Social entrepreneurship is an innovation and pragmatic vision to tackle the challenges of poverty, marginalization and other pressing social crises • “The most significant contributor of this ‘success’ is the character of being a responsible corporate citizen • This can only be achievable through a sincere and a committed effort for contributing towards the well-being of the community not by charity alone. • It gives confidence that such innovative, scalable and sustainable social ventures are key levers and accelerators for transformational social change.