Social Entrepreneurship Definition Matrix

  • November 2019
  • PDF

This document was uploaded by user and they confirmed that they have the permission to share it. If you are author or own the copyright of this book, please report to us by using this DMCA report form. Report DMCA


Overview

Download & View Social Entrepreneurship Definition Matrix as PDF for free.

More details

  • Words: 2,391
  • Pages: 9
Social Entrepreneurship Definition Matrix Prepared by S. Dev Appanah & Brooke Estin

Definitions by Organisations/ Individuals

Innovation

J. Gregory Dees, Professor of Social Entrepreneurship at Duke University

x

1)

Social entrepreneurs are reformers and revolutionaries, as described by Schumpeter, but with a social mission. They make fundamental changes in the way things are done in the social sector. Their visions are bold. They attack the underlying causes of problems, rather than simply treating symptoms. They often reduce needs rather than just meeting them. They seek to create systemic changes and sustainable improvements. Though they may act locally, their actions have the potential to stimulate global improvements in their chosen arenas, whether that is education, health care, economic development, the environment, the arts, or any other social field.

Attack underlying causes

Social Mission x Education

Business model

Impact

Organisational structure

x

x

Not-for-profit

Social purpose business

Create social/ environmental value

Social purpose business

Health-care Economic development Environment

Community development banks Hybrid Organisations

Arts 2)

In addition to innovative not-for-profit ventures, social entrepreneurship can include social purpose business ventures, such as for-profit community development banks, and hybrid organizations mixing not-for-profit and for-profit elements, such as homeless shelters that start businesses to train and employ their residents. The new language helps to broaden the playing field. Social entrepreneurs look for the most effective methods of serving their social missions.

Sources “The Meaning of “Social Entrepreneurship” J. Gregory Dees Original Draft: October 31, 1998 Reformatted and revised: May 30, 2001

Local action w/ potential for global improvement Large scale

Shelters starting businesses

Systemic change Sustainable improvements

Hybrid organisations

Definitions by Organisations/ Individuals

Innovation

Bill Drayton, CEO and Chair of Ashoka 1) “A leading social entrepreneur sees a new opportunity, figures it out and then starts introducing it at the local level.”

x

2)

Social entrepreneurs are individuals with innovative solutions to societyʼs most pressing social problems. They are ambitious and persistent, tackling major social issues and offering new ideas for wide-scale change. Social entrepreneurs find what is not working and solve the problem by changing the system, spreading the solution, and persuading entire societies to take new leaps. Social entrepreneurs act as the change agents for society, seizing opportunities others miss and improving systems, inventing new approaches, and creating solutions to change society for the better. While a business entrepreneur might create entirely new industries, a social entrepreneur comes up with new solutions to social problems and then implements them on a large scale.

Innovative solutions Seizing new opportunities

Social Mission

Business model

x

Impact

Organisational structure

x

Societyʼs most pressing social problems

Wide/ large scale change Changing the system Spreading the solution

SOURCE: 1) http://www.ashoka.org/social_entrepreneur 2) Ashoka: Innovators for the Public, Youtube, http://www.youtube.com/watch?v=teBdIMhTOT4

Definitions by Organisations/ Individuals

Innovation

Social Mission

Business model

Impact

Organisational structure

Professor Muhammad Yunus, Founder of Grameen Bank 1) Social entrepreneurship is a very broad idea. As it is generally defined, any innovative initiative to help people may be describes as social entrepreneurship. The initiative may be economic or non-economic, for-profit or not-for-profit.

x

x

x

x

For-profit

Any innovative initiative

Serving people, planet; disadvantaged groups

Social business; non-loss, nondividend business

Long-term social goals

Not-for-profit

2)

3)

Social business is a subset of social entrepreneurship. All those who design and run social businesses are social entrepreneurs. But not all social entrepreneurs are engaged in social businesses. A social business can be defined as a non-loss, non-dividend business. Rather than being passed on to investors, the surplus generated by the social business is reinvested in the business in order to support the pursuit of long-term social goals. The bottom line of a social business is to operate without incurring losses while serving the people and the planet- and in particular those among us who are most disadvantaged- in the best possible manner.

[Social Entrepreneurship Definition Matrix.doc]

Surplus reinvested for long-term social goals

2 } 5

SOURCE: Creating a World Without Poverty: Social Business and the Future of Capitalism. Muhammad Yunus. Pg. 24 & 32

Definitions by Organisations/ Individuals

Innovation

Social Enterprise Alliance USA 1) A social enterprise is an organization or venture that advances its social mission through entrepreneurial, earned income strategies. 2)

Social Mission

Business model

x

x

Non-profit

Social mission

Earned income strategies

For-profit

Social enterprise describes any non-profit, for-profit or hybrid corporate form that utilizes market-based strategies to advance a social mission.

Impact

Organisational structure

Hybrid corporate form

Market-based strategies to advance social mission

Earned income strategies

SOURCE: http://www.se-alliance.org/about_vision.cfm

Definitions by Organisations/ Individuals Social Enterprise Coalition UK 1) Social enterprises are businesses set up to tackle a social or environmental need. 2)

Many commercial businesses would consider themselves to have social objectives, but social enterprises are distinctive because their social or environmental purpose is central to what they do. Rather than maximizing shareholder value their main aim is to generate profit to further their social and environmental goals. Social enterprise is a business model which offers the prospect of a greater equity of economic power and a more sustainable society by combining market efficiency with social and environmental justice.

Innovation

Social Mission

Business model

Impact

Organisational structure

x

x

x

Not-for-profit

Social and environmental need

Business to tackle social/ environmental need

Greater equity of economic power and a more sustainable society

Social purpose business

Social or environmental objectives are central to the organisation

Generate profit to further social/ environmental goals

Hybrid organisations

SOURCE: http://www.socialenterprise.org.uk/

[Social Entrepreneurship Definition Matrix.doc]

3 } 5

Definitions by Organisations/ Individuals

Innovation

Jed Emerson, Stanford Graduate School of Business 1) By “social enterprise” we mean the application of business models and acumen to address social issues, whether through non-profit or for-profit corporate structures.

Social Mission

Business model

Impact

Organisational structure

x

x

Non-profit

Social issues

Business models and acumen to address social issues

For-profit corporate

SOURCE: “Nothing Ventured, Nothing Gained: Addressing Critical Gaps In Risk-Taking Capital For Social Enterprise” Working Paper By Jed Emerson, Tim Freundlich And Jim Fruchterman With Loren Berlin And Keely Stevenson

Definitions by Organisations/ Individuals

Innovation

New Profit Inc 1) Social entrepreneurs are visionaries who generate innovations with the potential to transform a problem or field; possess exceptional abilities to rally the human and financial resources to transform their vision into a reality; and deliver high-quality social impact. 2)

Social Mission

Business model

Impact

Organisational structure

x

x

x

Not-for-profit

Transformational innovation

Infusion of financial and strategic resources to scale social innovations

High-quality social impact

Social purpose business

Business model

Impact

Social innovations

Social entrepreneurs have powerfully demonstrated their models, and with an infusion of financial and strategic resources can take their social innovations to scale.

Hybrid organisations

SOURCE: http://www.newprofit.com/about_model.asp

Definitions by Organisations/ Individuals

Innovation

Schwab Foundation for Social Entrepreneurs 1) A social enterprise is an organization that achieves large scale, systemic and sustainable social change through a new invention, a different approach, a more rigorous application of known technologies or strategies, or a combination of these.

X

x

New invention

Large scale, systemic and sustainable social change

2)

Social entrepreneurs are leaders, change driven, passionate, innovative, risktakers, believers in people, high standards.

[Social Entrepreneurship Definition Matrix.doc]

Different Approach

Social Mission

Organisational structure

Rigorous application of 4 } 5

3)

A social entrepreneur combines the characteristics represented by Richard Branson and Mother Teresa.

known technologies/ strategies

SOURCE: http://www.schwabfound.org/whatis.htm

Definitions by Organisations/ Individuals

Innovation

Skoll Foundation 1) The social entrepreneur aims for value in the form of transformational change that will benefit disadvantaged communities and ultimately society at large.

x

2)

Just as entrepreneurs change the face of business, social entrepreneurs act as the change agents for society, seizing opportunities others miss by improving systems, inventing new approaches and creating sustainable solutions to change society for the better.

Inventing new approaches

Social Mission x Disadvantaged communities and society at large

Business model

Impact

Organisation al structure

x

x

Not-for-profit

Sustainable solutions

Transformational change

Social purpose for profit business Hybrid organisations

SOURCE: 1) http://www.skollfoundation.org/aboutsocialentrepreneurship/whatis.asp 2) http://www.ssireview.org/articles/entry/social_entrepreneurship_the_case_for_definition/

Definitions by Organisations/ Individuals

Innovation

The Small Enterprise Education and Promotion (SEEP) Network 1) A social enterprise is a nonprofit organization or socially oriented venture that advances its social mission through entrepreneurial market-based approaches to increase its effectiveness and financial sustainability with the ultimate goal of creating social impact or change.

X

2)

Social enterprise is about linking financial and moral incentives in business and the marketplace. Social enterprise has synergies with existing poverty alleviation approaches—value chain development, market development, and microfinance— and can augment and add value to current initiatives as well as provide new tools.

Social Mission x

Business model

Impact

Organisational structure

x

x

Non-profit

improvement

Socially oriented

New invention

Socially oriented

Market-based approaches

Different Approach

Poverty alleviation

Financial sustainability

Value chain development

Linking financial and moral incentives in business and the marketplace

Market development

Economic Improvement Quantitative and Qualitative measure Policy Change

Microfinance SOURCE: 1) http://www.seepnetwork.org/ 2) http://communities.seepnetwork.org/edexchange/node/89 [Social Entrepreneurship Definition Matrix.doc]

5 } 5

Definitions by Organisations/ Individuals

Innovation

The Roberts Foundation Homeless Economic Development Fund 1) A revenue generating venture founded to create economic opportunities for very low income individuals, while simultaneously operating with reference to the financial bottom-line.

Social Mission x Create economic opportunities

Business model

Impact

Organisational structure

Impact

Organisational structure

x Revenue generating venture Financial bottom-line

SOURCE: http://www.redf.org/

Definitions by Organisations/ Individuals

Innovation

Nonprofit Enterprise and Self-sustainability Team (NESsT) 1) The term social enterprise to refers to "the myriad of entrepreneurial or 'selffinancing' methods used by nonprofit organizations to generate some of their own income in support of their social mission.

x

2)

The term social entrepreneur is currently used to mean very different, albeit interesting things. Some use the term social entrepreneur to refer to “social innovator” (i.e. an individual that is addressing a critical social problem in a particularly effective or innovative way). Others, including NESsT, use the term social entrepreneur (or social enterprise) to refer to a CSO (civil society organization) that uses entrepreneurial, business activities as a means to generate income and/or otherwise further its mission impact (e.g., to create employment opportunities for underserved constitutes). A social enterprise is also referred to as a “nonprofit enterprise,” “social-purpose business,” or “revenue generating venture” that operates with a “double bottom line” of generating financial return while simultaneously advancing a social mission.

Entrepreneur ial Social innovator

Social Mission x Critical social problem

Business model x

Non-profit

Self-financing methods Generate own income to support social mission Non-profit enterprise Social purpose business Revenue generating venture Double Bottom Line Financial return w/ social mission

[Social Entrepreneurship Definition Matrix.doc]

6 } 5

SOURCE: http://www.nesst.org/

Definitions by Organisations/ Individuals

Innovation

Social Mission

Business model

Impact

Organisational structure

The Non-profit Good Practice Guide 1) A non-profit venture that combines the passion of a social mission with the discipline, innovation and determination commonly associated with for-profit businesses.

x

x

Definitions by Organisations/ Individuals

Innovation

Social Mission

Business model

Impact

Organisational structure

Virtue Ventures 1) A social enterprise is any business venture created for a social purpose-mitigating/reducing a social problem or a market failure--and to generate social value while operating with the financial discipline, innovation and determination of a private sector business.

x

x

x

x

Not-for-profit

Mitigating/ reducing a social problem or market failure

Business venture

Social value

Social purpose for profit business

Social Mission

Business model

Impact

x

x

Profits through trading activities

Social outcomes

Non-profit

SOURCE: http://www.npgoodpractice.org/

Financial discipline

Hybrid organisations

SOURCE: http://www.virtueventures.com/

Definitions by Organisations/ Individuals Third Sector Enterprises 1) Social enterprise is not defined by its legal status but by its nature: its social aims and outcomes, the basis on which its social mission is embedded in it's structure and governance, and the way it uses the profits it generates through its trading activities.

Innovation

x Social aims

Organisational structure

SOURCE: http://www.3se.co.uk/index.php/Section1/page6.html

[Social Entrepreneurship Definition Matrix.doc]

7 } 5

Definitions by Organisations/ Individuals

Innovation

Social Enterprise Ambassadors 1)

2)

Social enterprises are profit-making businesses set up to tackle a social or environmental need. Many commercial businesses would consider themselves to have social objectives, but social enterprises are distinctive because their social or environmental purpose is central to what they do. Rather than maximizing shareholder value, their main aim is to generate profit to further their social and environmental goals.

Social Mission

Business model

x

x

Social or environmental need

Profit-making businesses

Social or environmental purpose is central to activities

By combining a public service ethos with a commercial focus on efficiency and good business practice, social enterprises are able to deliver on the things that really matter, whilst remaining both independent and sustainable.

Public service ethos

Impact

Organisational structure

Impact

Organisational structure

Generate profit to further social and environmental goals Commercial focus Independent and sustainable

SOURCE: http://socialenterpriseambassadors.org/content/view/183/76/

Definitions by Organisations/ Individuals Social Ventures Australia 1) At SVA, we define a social enterprise as a non-profit business whose purpose is to create employment for marginalized people. Marginalized people include people with disability, people with mental illness, refugees, indigenous Australians and other long-term unemployed people.

Innovation

Social Mission x Employment for marginalised people

Business model x

Non-profit business

Non-profit business

SOURCE: http://www.socialventures.com.au/content/Dictionary_of_Terms

[Social Entrepreneurship Definition Matrix.doc]

8 } 5

Definitions by Organisations/ Individuals

Innovation

University of Wisconsin- Madison 1) Social Entrepreneurship is the application of innovative ideas to solve social problems. A social entrepreneur is someone who recognizes a social problem and uses entrepreneurial principles to organize, create, and manage a venture to create change.

X

Social Mission

Business model

x

Impact

Organisational structure

x

Innovative ideas

Solve social problem

Innovation

Social Mission

Business model

Impact

Organisational structure

x

x

x

Non-profit

Selling product or service

Create social/ environment al value

Societies

Create change

SOURCE: http://www.lssaa.wisc.edu/kecip/socentdef.html

Definitions by Organisations/ Individuals Enterprising Non-Profits 1) Social enterprises are businesses operated by non-profits, with the dual purpose of generating income by selling a product or service in the marketplace and creating a social, environmental or cultural value. 2)

The term "social enterprise" to refer to business ventures operated by non-profits, whether they are societies, charities, or co-operatives.

Charities Co-operatives

SOURCE: http://www.enterprisingnonprofits.ca/

The following is the number of times each element is highlighted in each definition: • Innovation – 11 times • Social Mission – 17 times • Business model – 15 times • Impact – 12 times In summary, the central elements of social entrepreneurship/ enterprises include: • Advancing a social mission • Applying innovative processes/ technologies • Having measurable and scalable impact • Integrating financial sustainability

[Social Entrepreneurship Definition Matrix.doc]

9 } 5

Related Documents