Sunday, 7 April 2013

Social Entrepreneurship - How about that?




Yes, It  is me again! Reporting on my gleanings from my class Entrepreneurial Skills in Communication Industry (COMM 3248). Today, we will be paying attention to the new kid in class, Social Entrepreneurship.

Who is he? I don't quite know. I could ask him but he doesn't quite know either (He's still finding himself). Let me decode that for you smart people, Social Entrepreneurship is a young discipline of which scholars are still making sense. Here is what is known,


"Social entrepreneurs are individuals with innovative solutions to society’s most pressing social problems. They are ambitious and persistent, tackling major social issues and offering new ideas for wide-scale change"


So Social Entrepreneurship as the name suggests has a different underlying philosophy than traditional approaches to Entrepreneurship since it seeks some form of general good not only individual profit. It seeks to solve some social ill or at least make significant inroads in changing lives through innovation and business savvy.


Social entrepreneurship signals the imperative to drive social change, and it is that potential payoff, with its lasting, transformational benefit to society, that sets the field and its practitioners apart.

That said, there is hardly any real clarity about what the term really means because as you may have noticed, the definitions are quite inclusive. 

What it is not?
  • It is not Philanthropy. Even though many people who may contribute to Social Entrepreneurship may be identified as Philanthropists. 
  • It is not a Not for Profit entity (although some may operate in that manner)
Are you keen on helping society to become "unstuck" by changing the system then Social Entrepreneurship might just be your cup of tea. I end this post with a quote from one of the leaders in the movement. 

"Social entrepreneurs are not content just to give a fish or teach how to fish. They will not rest until they have revolutionized the fishing industry."

Bill Drayton, CEO, chair and founder of Ashoka


So, how about it? Again,  google it, it might just be the beginning of great things for you. 


Check out the links below for additional info...







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