2. Not a new concept
A response to failures of governments
and corporations to tackle social
challenges
Accelerated pace: globalization and
high interconnectivity
Pragmatic and real-time solutions
3. Social Entrepreneurship
› A new form of entrepreneurship applies to social
problem solving tradition, private-sector
entrepreneurship’s focus on innovation, risk-taking,
and large scale transformation.
Social Entrepreneurship Process
› Recognition of a perceived social opportunity
› Translation of the social opportunity into an
enterprise concept
› Identification and acquisition of resources
required to execute the enterprise’s goals.
4. Social Entrepreneur
› A person or small group of individuals who
founds and/or leads an organization or
initiative engaged in social entrepreneurship.
› Also referred to as “public entrepreneurs,”
“civic entrepreneurs,” or “social innovators.
6. Characteristics of Social Entrepreneurs
as Change Agents
› Adoption of a mission to create and sustain
social value (beyond personal value)
› Recognition and relentless pursuit of
opportunities for social value
› Engagement in continuous innovation and
learning
› Action beyond the limited resources at hand
› Heightened sense of accountability
8. Social Obligation
› Firms that simply react to social issues through
obedience to the laws.
Social Responsibility
› Firm that respond more actively to social issues;
accepting responsibility for various programs.
Social Responsiveness
› Firms that are highly proactive and are even
willing to be evaluated by the public for various
activities.
9. An organization that applies business
(commercial) strategies to promote
development and maximize
improvements in human and
environmental well-being, rather than
maximizing profits for company
shareholders.
12. Operate as commercially run businesses.
Create social value and/or mitigate social
problems.
Aim to make profits.
Generate income through sales of goods or
services.
Use good business practices and principles.
Use the majority of their profits to further
social or environmental goals.
15. THE PIONEERS
Microfinance, rural education, social development
BRAC, an international development organization based
in Bangladesh, is the largest non-governmental development
organization in the world, measured by the number of
employees and the number of people it has helped, as of
November 2012
16. Both the Grameen Bank and BRAC
demonstrated that is was possible to
mitigate poverty on a massive scale.
Growing solutions in a bottom-up
fashion.
Social innovation and trial and error.
17. Revolutionizing approaches to business
conceptualization
Creative organizational structures
Integrated use of technology
Bottom-up approach
Sparking off innovation and change
18. Investment in social enterprise is rising
around the world
Biggest economic opportunities are
around solving societal needs
Big benefits for countries that pursue it
19. Social entrepreneurship is not for
everyone…
Driving force: PASSION for a cause
Articulating the problem and the solution
Use available resources
Find synergy
Financially sustainable business model