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Content What is Social Entrepreneurship? How is it different from Conventional
Entrepreneurship & Social Work? Why is it required? Examples What are the qualities of Social
Entrepreneur? How to become a Social Entrepreneur?
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Social entrepreneurship
about applying practical, innovative and sustainable approaches tobenefit society in general, with an emphasis on those who aremarginalized and poor.
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Not Simply Non Profit
Management
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Non Profit Scenario
Social Workers Social Activists
Foundations
Associations
Trusts
NGOs Not for Profit Companies
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India does not needIndia does not needmore Managers butmore Managers butmore Entrepreneursmore Entrepreneurs
India does not needIndia does not need
more Managers butmore Managers butmore Entrepreneursmore Entrepreneurs
More aptlyMore aptly
Social EntrepreneursSocial Entrepreneurs
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Not Simply ResponsibleBusiness
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The Pyramid of Social ResponsibilityThe Pyramid of Social Responsibility
ECONOMIC Responsibility
Be profitable
The foundation upon which all other levels rest.
LEGAL Obligations
Obey the law.
Law is societys codification of right and wrong.Play by the rules of the game.
ETHICAL Responsibility
Be ethical.
Obligation to do what is right, just,
and fair. Avoid harm.
PHILANTHROPIC
GoodwillBe a good corporate
citizen.
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Why is SE Needed?
In 2003, according to The World Bank (WorldBank 2004) the population of the globe stood ataround 630 billion people.
Of these roughly half lived on less than $2(app.Rs.90/-) per day.
Over 100 Crore suffered from malnutrition, Over 100 Crore lacked potable water, and 240 Crore did not have access to proper
sanitation. As a result the Bank estimated that more than 1
Crore children die of preventable diseases everyyear.
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Furthermore, the HIV/AIDS pandemic continuesto sweep across Africa and many other developingcountries and is predicted to affect over 10 Crorepeople globally by 2010.
At the same time the level of economic inequalitybetween the richest and the poorest continues togrow, with the poorest 50 per cent of the worldspopulation accounting for just 5 per cent of globalincome
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Growing Social & other
problems like Global Warming : EnvironmentalConcerns
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Growing Social & other
problems like Global Warming : Environmental Concerns Economic Recession : Unemployment Rising Rising Health Epidemics : AIDS, Diabetes, etc
Over Billion Population Increasing Urban Population & decreasing RuralPopulation
Government inefficiencies in Public ServiceDelivery
Resource Crunch for NGOs More Developed Role of NGOs
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What Pushed ? Increased per Capita Wealth Improved Social Mobility (Internet,
Telecommunication )
Extended Lifetimes Increase in Democratic Governments Increase Power of Multinational Corporations Better Education
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Examples Mohamad Yunus, Grameen Bank
Scojo Foundation : Low Cost VisionGlasses
One Acre Fund
Ashoka BASIX
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Social Entrepreneur According to Wikipedia, a socialentrepreneur is someone who recognizes asocial problem and uses entrepreneurial
principles to organize, create, and managea venture to make social change. Whereasa business entrepreneur typically measuresperformance in profit and return, a social
entrepreneur assesses success in terms ofthe impact s/he has on society.
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Social Entrepreneur A pragmatic visionary who achieves largescale, systemic and sustainable socialchange through a new invention, a
different approach, a more rigorousapplication of known technologies orstrategies, or a combination of these.
Combines the characteristics
represented by Richard Branson andMother Teresa.
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ConventionalEntrepreneur
Social Entrepreneur
Individualistic Vision Community Vision
Products: Goods &Service for Market
Products : Goods & Servicefor Community
Focus on Market Focus on solution of social
issuesPerformance Measure is
ProfitPerformance Measures are
social changes
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How SE are Entrepreneurial:They make use of Management Practices
Mission / Vision
Strategy
Business Planning
Accountability / Impact Competition
Opportunities
Resources
Innovation
Financial Management
Human Resources
Governance
Donors / Investors Scale
Organizational Change
Risk
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Never doubt that a small groupNever doubt that a small group
of committed people can changeof committed people can changethe world. Indeed, it is the onlythe world. Indeed, it is the onlything that ever has.thing that ever has.
Never doubt that a small groupNever doubt that a small group
of committed people can changeof committed people can changethe world. Indeed, it is the onlythe world. Indeed, it is the onlything that ever has.thing that ever has.
particularly when they think
and act like social
entrepreneurs
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Social Entrepreneurs need always tobe ten years ahead of their time and
to be prepared to be ridiculed. Thisis the only way to bring about realchange.
Bunker Roy, Barefoot College
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How to be a Social
Entrepreneur? Be aware of social changes Be sensitive to social changes
Identify which issues interest you Environment, Health, Governance,Education, Technology, etc
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Water Selling Water? Recycle Water
Water Saving Toilets/ Showers Rainwater Harvesting
Water Purifiers
Community Water Management
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Social entrepreneurs are 1.) Ambitious
2.) Mission driven
3.) Strategic 4.) Resourceful
5.) Results oriented
6.) Innovative
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Conducive Environment for
Growth of SE OPPORTUNITY IN DISGUISE Venture Capitalists : Social Venture Capitalists Competitions : World Bank Development
Marketplace, Skoll Foundation, IIM, IITsCompetitions etc
Internet : Information is power, now everybodyhas the power
Bottom of Pyramid: Billion + population
S i l E t hi
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Social EntrepreneurshipSupport
Websites
www.ashoka.org, www.changemakers.net www.redf.org/links_general.htm
www.socialvc.net
www.skollfoundation.org/socialedge
www.se-alliance.org www.schwabfound.org
www.echoinggreen.org
http://faculty.fuqua.duke.edu/centers/case/
www.hbs.edu/socialenterprise/ www.aspeninstitute.org
www.socialent.org
www.socialenterprisemagazine.org
http://www.ashoka.org/http://www.changemakers.net/http://www.redf.org/links_general.htmhttp://www.socialvc.net/http://www.skollfoundation.org/socialedgehttp://www.se-alliance.org/http://www.schwabfound.org/http://www.echoinggreen.org/http://faculty.fuqua.duke.edu/centers/case/http://www.hbs.edu/socialenterprise/http://www.aspeninstitute.org/http://www.socialent.org/http://www.socialenterprisemagazine.org/http://www.socialenterprisemagazine.org/http://www.socialent.org/http://www.aspeninstitute.org/http://www.hbs.edu/socialenterprise/http://faculty.fuqua.duke.edu/centers/case/http://www.echoinggreen.org/http://www.schwabfound.org/http://www.se-alliance.org/http://www.skollfoundation.org/socialedgehttp://www.socialvc.net/http://www.redf.org/links_general.htmhttp://www.changemakers.net/http://www.ashoka.org/8/14/2019 What is Social Entrepreneurship? How
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Legal Forms of Social
Enterprises NGOs : Societies Registration Act1860
Companies Regd. Under CompaniesAct. Trusts: Under Indian Trust Act Not for Profit Sec 25 Companies PURE or HYBRID
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Social Entrepreneurship asSubject
Harvard
Stanford
Cambridge IIMs
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India does not need moreIndia does not need more
Managers but more SocialManagers but more SocialEntrepreneursEntrepreneurs
India does not need moreIndia does not need more
Managers but more SocialManagers but more SocialEntrepreneursEntrepreneurs
Be a OneBe a One