Social Entrepreneurship about the skills

Entrepreneurship

1. Social Entrepreneurship
18PDH103T –SOCIAL ENGINEERING

2. Introduction
Socialentrepreneurshipisallaboutrecognizingthesocialproblemsandachievingasocial
changebyemployingentrepreneurialprinciples,processesandoperations.
Defineaparticularsocialproblemandthenorganizing,creatingandmanagingasocial
venturetoattainthedesiredchange.
Thechangemayormaynotincludeathorougheliminationofasocialproblem.
Itmaybealifetimeprocessfocusingontheimprovementoftheexistingcircumstances.
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3. Cont…
Businessentrepreneurshipmeanstakingaleadtoopenupanewbusiness.
Socialentrepreneurshipmainlyfocusesoncreatingsocialcapitalwithoutmeasuringthe
performanceinprofit.
Theentrepreneursinthisfieldareassociatedwithnon-profitsectorsandorganizations.
Butthisdoesnoteliminatetheneedofmakingprofit.
Entrepreneursneedcapitaltocarryonwiththeprocessandbringapositivechangeinthe
society.
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4. Cont…
Alongwithsocialproblems,socialentrepreneurshipalsofocuseson
Environmentalproblems
ChildRightsfoundations
Plantsfortreatmentofwasteproductsand
Womenempowermentfoundations
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5. Cont…
Inthemodernworld,thereareseveralwell-knownsocialentrepreneurswhohavecontributeda
lottowardsthesociety.
MuhammadYunus(GrameenBank)isacontemporarysocialentrepreneurwhohasbeenawardeda
NobelPeacePrize.
RamakrishnaandSmitaRam(RangDe)onlineplatformfromwhereruralandurbanpoorpeoplein
Indiacanaccessmicro-creditswithaninterestrateofaslowas2percentperannum.
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6. Social Entrepreneurship –History
“Social entrepreneurship is relatively a new term. It came in to notice just a few decades ago.
But its usage can be found throughout the history​.”
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7. Social Entrepreneurs
‘Social entrepreneurs are individuals with innovative solutions to society’s most pressing social
problems. They are persistent and ambitious, tackle major social issues and offer new ideas for
a wide-scale change.’
VinobaBhave(India)–HewasthefounderandleaderoftheLandGiftMovement.Underthis
movement,hecausedtheredistributionofmorethan7,000,000acresoflandtohelpIndia’s
untouchablesandlandless.
FlorenceNightingale(U.K.)–Shewasthefounderofmodernnursing.Further,sheestablished
thefirstschoolfornursesandfoughttoimprovehospitalconditions.
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8. Advantages of Social Enterprises
Socialentrepreneursfinditeasiertoraisecapital.Therearehugeincentivesandschemesfrom
thegovernmentforthesame.
Marketingandpromotionfortheseorganisationsisalsoveryeasy.Sinceasocialproblemis
beingtackledwithasolution,itiseasiertoattractattentionofthepeopleandmedia.The
degreeofpublicityoftendependsonthedegreeofuniquenessofthesolution.
Itiseasiertofindsupportfromlikemindedindividualstogetonboardatlowersalariesthan
comparedtootherindustry.
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