SOCIAL ENTREPRENEURSHIP

• SOCIAL ENTREPRENEURSHIP
• ENTREPRENEURSHIP/ ENTREPRENEURSHIP DEVELOPMENT
• DR SHASHI AGGARWAL
• SOCIAL ENTREPRENEURSHIP
• IS AN APPROACH BY INDIVIDUALS.GROUPS,STARTUP COMPANIES OR ENTREPRENEUR IN WHICH THEY DEVELOP,FUNDS AND IMPLEMENT SOLUTION TO THE SOCIAL,CULTURAL OR ENVIRONMENTAL ISSUES
• SOCIAL ENTREPRENEUR TYPICALLY ATTEMPT TO FURTHER BROAD SOCIAL ,CULTURAL AND ENVIRONMENTAL GOALS OFTEN ASSOCIATED LIKE POVERTY ALLEVIATION,HEALTH CARE AND COMMUNITY DEVELOPMENT,
• MAY BE APPLIED TO NUMBER OF ORGANIZATION WITH DIFFERENT SIZES,BELIEFS ,GOALS AND TARGETS
• SOCIAL ENTREPRENEURSHIP

1. FIRST TIME USED IN LITERATURE IN 1953 BY H. BOWEN IN HIS BOOK ,” SOCIAL RESPONSIBILITIES OF THE BUSINESS MEN
2. EXTENSIVE USAGE IN 1980 AND 1990 AS PROMOTED BY BILL DRAYTON,CHARLES LEAD BEATER AND OTHER
3. MOST BASIC LEVEL DOING BUSINESS FOR A SOCIAL CAUSE
4. MIGHT BE REFERRED TO AS ALTRUISTIC ENTREPRENEURSHIP.
5. COMBINE COMMERCE AND SOCIAL ISSUES IN A WAY THAT IMPROVES THE LIVES OF PEOPLE
6. DON'T MEASURE THE SUCCESS TO SOCIAL ENTREPRENEURS ALONE SUCCESS
7. DON'T MEASURE THE SUCCESS INT TERMS OF PROFITS ALONE –SUCCESS TO SOCIAL ENTREPRENEURS MEANS THEY HAVE IMPROVED THE WORLD .
8. ARE INDEPENDENT BUSINESS INDIVIDUALS THAT ACTS AS AGENTS OF CHANGE FOR THE SOCIETY
9. WILL WORK TO IMPROVE INNOVATIVE APPROACHES TO EXISTING SYSTEMS BY SEIZING OPPORTUNITIES OTHER HAVE MISSES
10. THEY WORK TO DEVELOP SUSTAINABLE SOLUTIONS OF THE PURPOSE OF CHANGING SOCIETY FOR THE BETTER

11. IS THE PRACTICE OF COMBINING INNOVATION,RESOURCEFULNESS AND OPPORTUNITY IN ORDER TO ADDRESS SOME CRUCIAL AND CRITICAL SOCIAL AND ENVIRONMENTAL CHALLENGES
12. SELFLESS FORM OF ENTREPRENEURSHIP
13. FOCUS ON MAXIMIZING GAINS IN SOCIAL SATISFACTION AND EMPOWERING DEPRIVED COMMUNITIES AND INDIVIDUALS

• EXAMPLE : MICRO FINANCE INSTITUTION,EDUCATIONAL PROGRAMS.PROVIDING BANKING SERVICES IN UNDESERVED AREAS,HELPING CHILDREN ORPHANED BY EPIDEMIC DISEASE.

• EXAMPLE
• MUHAMMAD YUNUS GRAMEEN BANK WHICH SPEARHEADED MICRO FINANCE GLOBALLY
• CARLO PETRINI’S SLOW FOOD MOVEMENT WHICH CURRENTLY HAVE 100,000 MEMBERS COUNTRIES COMMITTED TO RESCUING CULTURAL TRADITIONS AND PRESERVING BIODIVERSITY.
• WENDY KOPP’S TEACH FOR AMERICAN WHICH TRANSFORM EDUCATIONAL OPPORTUNITIES FOR LOW INCOME GROUPS WHILST RECRUITING TOP UNIVERSITY STUDENTS TO WORK IN AMERICA’S WORST PERFORMING PUBLIC SCHOOL
• LIST OF RENOWNED SOCIAL ENTREPRENEUR IN INDIA

1. URVASHI  SAHNI : FOUNDER AND CEO OF SHEF ( STUDY HALL EDUCATION FOUNDATION ) AN ORGANIZATION DEDICATED TO OFFERING EDUCATION TO THE MOST DISADVANTAGES GIRLS IN INDIA. SHE WAS RIGHTLY FELICITATED WITH THE SOCIAL ENTREPRENEUR OF THE YEAR AWARD IN 2017.
2. HARISH HANDE :CEO AND FOUNDER OF SELCO  A,COMPANY RENDERING SUSTAINABLE ENERGY SOURCE TO RURAL REGIONS OF THE COUNTRY. THIS PROJECT WAS THE FIRST RURAL SOLAR FINANCING PROGRAM IN INDIA.
3. JERROO BILLMORIA :AN ACCOMPLISHED SOCIAL ENTREPRENEUR AND FOUNDER OF SEVERAL INTERNATIONAL NGOS. SHE INITIATED THE CHILD LINE THAT AIMS TO PROVIDE HELP IN FORM OF HEALTH CARE AND POLICE ASSISTANCE. SKOLL AWARD FOR SOCIAL ENTRPRENEURSHIP AND SCHAWB ABD ASHOKS FELLOW AS WELL
4. ANHSU GUPTA : MIDDLE CLASS  FAMILY IN UP AND TOOK MEDIA AS PROFESSION AND AS INTERN WITNESSED THE NEED OF PROPER CLOTHING FOR THE POOR IN RURAL INDIA. FOUNDED GOONJ , A SOCIAL ENTERPRISE THAT COLLECT USED CLOTHING FROM THE URBAN CROWD AND SORT THEM ,FIX AND DISTRIBUTE TO POOR
5. SANTOSH PARULEKAR : WORKED TO CREATE JOB OPPORTUNITIES FOR THE UNEMPLOYED YOUTH IN RURAL INDIA. STARTED PIPAL TREE AND THAT PROVIDES FORMAL TRAINING TO THE YOUTH AND PROVIDE JOB
6. SUMITA GHOSH : FOUNDER OF ASHOKA CHNAGEMAKER AN OPEN ENDED PLATFORM FOR SOCIAL INNOVATION THAT WAS ONE OF ITS KIND IN THE WORLD AND AIMS TO REVIVE THE CRAFTMANSHIP AND TALENT

• CHARACTERISTICS

1. HIGHLY INNOVATIVE : CHARACTERIZED BY HIGHLY INNOVATIVE. CREATIVITY AND OUT OF THE BOX THINKING IS NATURAL
2. PERSISTENT : NEVER GIVE UP AND KEEP TRYING UNTIL IT WORKS
3. WORK FOR CAUSE : FULLY COMMITTED
4. HAVE INFINITE ENERGY : DRIVES TOWARDS ACHIEVEMENT OF THEIR GOALS
5. EXTREMELY COLLABORATIVE : MASTERS AND EXPERTS AND IN SEEKING OUT PARTNERSHIP THAT WOULD SUPPORT THEY PLAN TO DO AND HELP AND SPREAD THE WORK
6. ALWAYS HOPEFUL,POSITIVE ABOUT THE FUTURE
7. COMPREHENSIVE UNDERSTANDING OF THE LOCAL COMMUNITY
8. GAP FILLERS l WHERE NEEDS ARE NOT MET. SEE AN UNMET SOCIAL NNED AND AIMS AT FULFILLING SATISFYING UNMET NEEDS OF THE SOCIETY

• TYPES OF SOCIAL ENTREPRENEURSHIP

1.       NON PROFIT ORGANIZATION

2.       COOPERATIVE SOCIETIES

3.       SOCIAL ENTERPRISE

4.       COMMUNITY PROJECT

5.       SPECIAL PURPOSE BUSINESS

• WHY??????

1. TO MAKE DIFFERENCE TO THE WORLD AROUND US
2. COMMUNITY DEVELOPMENT ACTIVITIES SUCH AS WASTE MANAGEMENT,EDUCATING THE DOWNTRODDEN AND CONTRIBUTION TO THE HEALTH CARE
3. THE WORLD NEEDS SUCH INITIATIVES AND GLOBAL TRANSFORMATION
4. CAN DELIVER EFFICIENT PUBLIC SERVICE BUT ALSO HELP IN STRENGTHENING A NATION ECONOMY
5. CULTURE OF  SUSTAINABLE DEVELOPMENT ( FULFILLMENT OF BASIC REQUIREMENTS WITHOUT CAUSING ANY HARM TO THE ENVIRONMENT

• SOME OF SOCIAL ENTREPRENEURSHIP ORGANIZATION : MAD ( MAKE DIFFERENCE )
• SAVE GREEN ,SMILE FOUNDATION
• CRY (CHILD RIGHTS AND YOU)
• DIFFERENCE BETWEEN
• SOCIAL ENTREPRENEURSHIP

1. WORK FOR THE WELFARE OF THE SOCIETY
2. PRIMARILY VALUED FOR THEIR WELFARE ACTIVITIES
3. WEALTH INCLUDES SUSTENANCE AND DEVELOPMENT OF THE SOCIAL ENVIRONMENT AND CULTURAL ASPECTS. WILL BE UTILIZED FOR THE BETTERMENT OF THE COMMUNITY

• BUSINESS ENTRPRENUR

1. ACCOMPLISHMENT OF THE COMMERCIAL PURPOSE
2. WORK WITH THE MOTIVE TO EARN MONEY
3. WEALTH MEANS PROFIT AND WILL BE UTILIZED TO BENEFIT TO THE CUSTOMERS