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Social Entrepreneurship

Dhananjay Sahay
IIIM, Jaipur

S
Understanding the basics

S Sustainable Development: Economic, Social, Environment

S Inclusive Development: Social, Economic and Financial


opportunities for all sections
Sustainable Development

S Economic Development – Positive Externalities for maximum


number; feasible; security of employment etc

S Social Development- Holistic Social and Regional; breakdown of


discriminatory practices; inclusivity; leadership and decision
making

S Environmental Development- Effective use of resources; Limited


or no pollution; in harmony with regional availability of
resources(Example- Arid areas cannot sustain industries with
heavy requirement of water)
Example exercise

S Call centers

S Dominos Pizza

S Amul

S Orchid Hotels

S Thermal power plants(Coal/Oil)


Inclusive Development

S Where opportunities for benefiting from development are open to


all

S Where every citizen has the right to engage in economic, political


exercise

S Where every citizen has access to the necessary resources of


finance, banking, credit

S Where everyone has Legal, Political and Economic protection


Nature of Large Businesses
Social Enterprise

S Public good > Shareholder Profit

S Social acceptability

S Utilization of Local skills, resources and Labor

S Feasibility

S Sustainability
Characteristics of a Social
Enterprise(Bottom- Top)

S A leader with knowledge of local conditions

S Must have vision of a functional model

S Local demand must be covered

S Expansion is highly dependent on market linkages

S Credit/Finance for expansion

S Usually limited to region of origin, in case of no further market linkages, or


expansion in scale or feasibility

S Examples include SHGs/ Microfinance led interventions, community intervention


Requirements for a Social
Enterprise(Top- Down
Approach)
S Shareholder Profit is secondary compared to social good

S May be technical or supportive in nature

S Requires strengthening of community based organizations,


Community Groups

S May be service oriented, support of technical nature, with legal,


economic, social motives

S Examples include Fab-India, Anokhi etc


Why Social Enterprise?
Subjects for further
consideration

S Role of NGOs

S SHGs and Microfinance

S Government Policies and Conditions

S Changes in the Indian Economic Scenario


Suggestions

S Explore more about Social Entrepreneurship- its definition,


its functions and advantages, and growth of Social
enterprises in the developing world, particularly in India

S Prepare a short write-up on why Social entrepreneurship, as


a subject is important for you, as a student of Management

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