Social Entrepreneurship and Innovation
Chapter 2
Social Entrepreneurship and Innovation
Profit focus vs Impact focus
• A) organizations with no focus
• B) organizations focused on achieving a purpose other than profit (old school not for profits)
• C) organizations maximizing profits at the expense of other purposes (old school corporations)
• D) organizations aligning purpose and profit maximization (new school entrepreneurs)
Bottom of the Pyramid
• http://www.youtube.com/watch?v=CPnx6gLcfK
4&feature=related
• http://www.youtube.com/watch?v=lHEzFlfHUj
U&feature=related
Business Model Canvas
• http://www.free-power-pointtemplates.com/articles/business-modelcanvas-and-presentations/
Social Entrepreneurship
• Defining social venture using the Business
Model Canvas
Define the enterprise, both the social side and the revenue-generating side.
How the venture will achieve an impact on the social issue that is being targeted.
Yellow stickers = Coca Cola ; Green stickers = Partner (Sabco); Orange stickers = Manual Distribution Centers owed by independent entrepreneurs who coordinate distribution to small shops and restaurants= 80% of distributed sales volume in East African countries
Grameenphone
• Goal: to provide universal access to telecommunications services in remote, rural areas of Bangladesh
• Villagers were too poor to afford telephones
• Partnered with Grameen Bank, microfinance institution, to provide local women with microloans to purchase mobile phones
• The women sold calling services in their villages, repaid the loans, earned income, and improved their social status
Grameenphone
• For-profit model with a positive impact on rural
Bangladesh
• The company eventually provided over 200,000 women in rural areas with income-earning opportunities • Raised their social status
• Connected 60,000 villages to mobile phone networks
• Reached 100 million people
• Turned a profit
• Became Bangladeshi government’s biggest taxpayer
Grammenphone Business Model
Customer Segments
• Defines the
Social Entrepreneurship and Innovation
Profit focus vs Impact focus
• A) organizations with no focus
• B) organizations focused on achieving a purpose other than profit (old school not for profits)
• C) organizations maximizing profits at the expense of other purposes (old school corporations)
• D) organizations aligning purpose and profit maximization (new school entrepreneurs)
Bottom of the Pyramid
• http://www.youtube.com/watch?v=CPnx6gLcfK
4&feature=related
• http://www.youtube.com/watch?v=lHEzFlfHUj
U&feature=related
Business Model Canvas
• http://www.free-power-pointtemplates.com/articles/business-modelcanvas-and-presentations/
Social Entrepreneurship
• Defining social venture using the Business
Model Canvas
Define the enterprise, both the social side and the revenue-generating side.
How the venture will achieve an impact on the social issue that is being targeted.
Yellow stickers = Coca Cola ; Green stickers = Partner (Sabco); Orange stickers = Manual Distribution Centers owed by independent entrepreneurs who coordinate distribution to small shops and restaurants= 80% of distributed sales volume in East African countries
Grameenphone
• Goal: to provide universal access to telecommunications services in remote, rural areas of Bangladesh
• Villagers were too poor to afford telephones
• Partnered with Grameen Bank, microfinance institution, to provide local women with microloans to purchase mobile phones
• The women sold calling services in their villages, repaid the loans, earned income, and improved their social status
Grameenphone
• For-profit model with a positive impact on rural
Bangladesh
• The company eventually provided over 200,000 women in rural areas with income-earning opportunities • Raised their social status
• Connected 60,000 villages to mobile phone networks
• Reached 100 million people
• Turned a profit
• Became Bangladeshi government’s biggest taxpayer
Grammenphone Business Model
Customer Segments
• Defines the