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LESSON 6

Activities/Assessment:
Questions to Answer:
1. In relation to the PODER case study, how much additional funding should Ben
Cokelet need for 2009 and 2010? How confident are you of these estimates?
2. How much total funding does Ben Cokelet need by Q4-13? How confident are you of
this estimate?
3. Discuss the operational risks Ben faces in implementing PODER.
4. What factors or costs has Ben failed to take into account?
5. What do you see as the most crucial assumption made? How would you analyze the
impact of this assumption?

LESSON 7 – MEASURING SOCIAL IMPACT


Activities/Assessment:
Questions to Answer:
1. What are the main benefits of measuring a venture’s social impact? Why is
measuring social impact so important in comparison to traditional entrepreneurial start-
ups?
 As we are moving from Shareholder Value to Stakeholder Value, we are
becoming much more sensitive to the social impact of our ventures.
 As individuals we are hyper aware of considering the social impact of ourselves
on our surroundings. This is our second nature. We don’t want to be excluded
from our tribe, society. Especially nowadays we are very much dialed in to what’s
happening through social media. Social media as the exponent of our humans’
global nervous system, the internet.
 Knowing the social impact of the business venture can help us predict the
success rate of the business. We can easily identify our weakness and strengths
if we analyze its social impact to the community.
2. How can measuring a firm’s social impact have an influence on making sure the
venture is effective in staying true to its mission?
 Social impact can help the venture stay align to the main purpose and direct the
business to the target. Observing the social impact greatly affects how others
perceive the venture, so if we received feedbacks, only then we can confirm that
the business is doing well or not.
3. Given an already established social venture that you are aware of, what
recommendations would you make as the social entrepreneur concerned begins to
measure her or his impact?
 Remember that we all use data all the time and it doesn’t have to be scary. Some
of the key measurements for a company are the simplest ones: satisfaction
surveys, customer responses, etc. all count. We need to eliminate the stigma
surrounding measurement, because you don’t want to ever underestimate the
importance of data. It’s what’s going to inform your future choices and strategies
and how you are going to get funding and support for your venture from potential
stakeholders.
4. With the social venture identified in question 3 in mind, consider the three or four key
outcomes that they should be measuring over time. What method would you
recommend to the social entrepreneur to quantify and monetize her or his impact?
 I would like to recommend The Center for High Impact Philanthropy’s Cost Per
Impact because Its “cost per impact” measure is promoted as a measure critical
to high-impact giving. It was developed by alumni of the Wharton School at the
University of Pennsylvania who wanted to compare desirable social change to
the costs of organizing programs intended to bring about such change. Reports
published by CHIP outline the ways in which individual philanthropists can have
an impact, and also provide estimates of cost.
5. What suggestions would you make to a nascent social entrepreneur to make her or
him more effective in marketing and communicating social impact across various
stakeholders?
 The social entrepreneur should identify social indicators that are mentioned most
frequently across all types of stakeholders. These indicators should be further
parsed by which can actually be measured. The social entrepreneur can then
choose the top three or four measurable social indicators that are aligned with
the conversation and interests of the stakeholder.

LESSON 8 – SCALING THE SOCIAL VENTURE


Activities/Assessment:
Questions to Answer:
1. In your opinion, is it possible for a social venture to grow too large? If not, why not? If
so, under what circumstances might this be the case?
 Too much expansion might divert attention away from the positive social effect
the business was founded to make. To put it simply, a social venture is a
business that also serves a social purpose. Its goal is to improve society in some
way, whether by solving an existing issue or be a trend setter.
2. What is the difference between growth and development? How can and should they
be related?
 Growth is usually used in reference to size or physical development.
Development overall is a more general and envelops term than growth.
Development includes growth, but also includes other aspects of improvement or
development.
3. A nonprofit social venture with a mission to help autistic people to better assimilate
into their larger community wants to expand its operations by locating a home for
autistic adults in a neighborhood in an adjacent community. The neighborhood residents
stage a rally against the home, at which protesters carry placards reading “Not in our
Backyard.” What type of challenge to scaling is this, and how might it be overcome?
 Social entrepreneurship takes place on a very public stage, unlike commercial
entrepreneurship. Social ventures have multiple stakeholders, including the
community. If the community in which a social venture is operating concludes
that the venture is using public resources in a way that is wasteful or lacking in
integrity, it may not hesitate to withdraw its support, making growth very diff cult,
if not impossibl
4. Does a social entrepreneur have a moral obligation to grow her or his venture? Why,
or why not?

LESSON 9 – THE FUTURE OF SOCIAL ENTREPRENEURSHIP


Activities/Assessment:
Questions to Answer:
1. Given the number of possibilities and innovations for solving many of society’s most
pressing problems, what solutions in your own community would make the most
immediate social impact?
 I believe that investment in education is the best way to ascend in the pool of
poverty. Even though Antipolo already became a City, its no use if the people are
not educated enough to maintain the good flow of economy. The bloodline,
interest to entrepreneurship can create an endless ripple of success to the next
generation that may also help decreased poverty and overpopulation rate in
some ways.
2. Provide several examples of bricolage behavior from your own experience.
 When I was in High School, I am fond of engaging in school organizations. I often
encountered different organizational problems. I have only little experience since
I am too young to know everything. To solve our never-ending problems, I
learned to reflect on the same circumstances and apply the things that solved it.
For me, it was a sign of being independent.

3. Provide examples of “catalytic” innovations from profiles of social entrepreneurs. How


is their work “catalytic”?
 Today we have tools that can make catalytic innovation more simpler, and
affordable. For example: 3D Printing, Solar energy, Artificial Intelligence, Cloud
Computing, Big Data, make it easier to build solutions at reduced costs and
increased accessibility. One of the ways that social entrepreneurs can engage in
catalytic innovation is their ability to engage in bricolage behavior. Bricolage
behavior is a set of actions driven by the search for existing and often scarce
resources that can be combined and/or recombined to create novel and
interesting solutions that affect their respective markets. By incorporating the role
that catalytic innovation has on the relationship between entrepreneurial
bricolage and growth in social impact, we are better able to understand the
process by which social entrepreneurs adopt and utilize existing resources for
the future development, growth, and sustainability of their own ventures.
4. Consider one of the future trends in social entrepreneurship. Which of the innovations
resonates with you? Why?
Internet Action beyond Donation somehow fits me. More sites are being created that
provide information on volunteer work sought by nonproft organizations (Hands On
Network, DoSomething). Pro bono work has also been catching up, with new
companies bringing more opportunities to an older tradition dominated by the legal
services (Taproot Foundation, Lex Mundi ProBono). There has also been a surge of
Internet-based initiatives that give users the opporturnity to donate to their preferred
cause, or save for higher education, by earning dollars or points through either
purchases or exposure to advertising (for exposure to many of these new initiatives,
look up the firms Up Promise, One Cause, Cause World, Support Your Cause,
Social Vibe, Bloson).

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