...MBAC 6101 Summer 2016 MBAD CED 6101 Business and Community Development II Capitalist development creates winners and losers, both socially and geographically. The fundamental process of capitalism is the transfer of wealth created by particular people in particular places into the hands of other people in other places. Communities that are unable to Jorge Sousa, Ph.D Contact sousa@ualberta.ca capture the wealth that they create tend to decline. Sustainable economies require rooting wealth within communities. Businesses are the organizations in a society that create wealth. They can be used to exploit a region and extract a community’s wealth or they can be used to ground wealth in a community. The course will explore the relationship between business and the community. At the outcome students will have an appreciation for the challenges and issues community-based business surrounding institutions as well as an understanding of how those challenges are currently being met by existing community businesses. Learning Activities The classroom will follow a seminar model. This means that we are all responsible for the success of the classroom discussion. As well as focussing on set readings, the class will use case studies for shaping the seminar discussions. Being prepared for class is essential for productive discussion. While class activity may focus on the readings, the readings will...
Words: 2615 - Pages: 11
...Entrepreneurship Topic: Social Entrepreneurship Author 1*: Digvijay Singh Affiliation: Student of Department of Business Management NIT Kurukshetra 136119, Haryana E-mail: digvijay.singh572@gmail.com Author 2: Aakriti Mittal Affiliation: Student of Department of Business Management NIT Kurukshetra 136119, Haryana E-mail: aakriti21@gmail.com Author 3: Vaishali arora Affiliation: Student of Department of Business Management NIT Kurukshetra 136119, Haryana E-mail: vaishaliarora1@gmail.com *Author to contact in case of any query. Social entrepreneurship Entrepreneurship is a topic of interest to academics, business people, and governments around the world. The dynamism and vitality of entrepreneurship research is reflected in the flow of new ideas and themes in the entrepreneurship literature. For many, mainstream entrepreneurship is inextricably bound with the creation of new technology firms, however, this is only part of a wide and varied terrain. The focus of this paper is social entrepreneurship - those activities associated with the perception of opportunities to create social value and the creation of social purpose organisations to pursue them. Social enterprises adopt financially sustainable strategies to pursue social aims, and...
Words: 5337 - Pages: 22
...thesis is social entrepreneurship, which can be viewed as a particular aspect in the multidisciplinary discourse of social enterprise. Social enterprise is being expressed in UK government policy literature as a progressive means to tackle social exclusion and social entrepreneurship is being articulated as a driving force for success. However there is still no meaningful consensus on a definition of social entrepreneurship and the critical individual and collective attributes of success are heavily contested in academic literature. This is simultaneously problematic in deliberating ways to encourage social enterprise and an opportunity to question critical assumptions about the role of social entrepreneurs in meeting social need. My research seeks to build on journal articles which I have previously published in this field (Lyne 2008, Ryan and Lyne 2008, Toner et al 2008). Background to social enterprise in the UK Social enterprises are commonly expressed as ‘businesses with social goals’ and the term ‘double (or triple) bottom line’ is often used when seeking to define social enterprise as trading activity which uses revenue surpluses to satisfy social and / or environmental objectives (SEC, 2003: 8, DTI, 2002). In the past decade it has been increasingly expressed that public sector welfare provision in the United Kingdom has become outdated and unsustainable while charitable models of meeting social need have also been cited as inappropriate and ineffective. Social enterprise...
Words: 3774 - Pages: 16
...Individual Briefing Paper “The Impact Investing: a tool to mobilize Italian capitals in order to pursue a positive social impact” #2430 Social Entrepreneurship Individual Assignment Table of Contents Introduction ................................................................................. 3 1. The Problem ........................................................................... 3 1.1. Who Would Benefit And How? ............................................................. 4 1.2. The Threats .......................................................................................... 4 1.3. The Solution ......................................................................................... 5 1.4. Social Responsibility to Offset Lower Financial Returns......................... 5 2. The Topic: the Impact Investing ............................................... 6 3. Benchmarking ......................................................................... 6 4. Conclusions ............................................................................ 7 Sources ......................................................................................... 8 2 Social Entrepreneurship Individual Assignment Introduction The social offer is largely garrisoned by the State and, it involves sanitary sector, education, and services to the person and in general...
Words: 3407 - Pages: 14
...Executive summary The objective of this report was to analyse the global topic of entrepreneurship, review entrepreneur traits and social entrepreneurship trends. Studies suggest entrepreneurs post success possess common traits, suggesting traits can be acquired. With these strong traits, entrepreneurs have the potential to produce substantial change on all levels of the triple bottom line. Profitability is equally as important to both commercial and social entrepreneurs. However, it is where they funnel their profits and their driving forces that differ. With so many social issues globally, there are a myriad of social entrepreneurship trends. However, this report focuses on community-supported agriculture, youth homelessness and support for refugee women, all of which are in need of extra support from social entrepreneurship. Contents 1.0 Introduction 1 2.0 Section 1: Overview of Entrepreneurship 2 2.1 Entrepreneurs 2 2.2 Social Entrepreneur 4 3.0 Section 2: Current Trends in Social Entrepreneurship 7 3.1 Community Supported Agriculture 7 3.2 Social Integration and Employment for Refugee Women 9 3.3 Youth Homelessness 10 4.0 Conclusion 11 5.0 References 12 1.0 Introduction The purpose of the report is to review entrepreneurship, identify the traits of an entrepreneur, and examine the factors that differentiate social and commercial...
Words: 2421 - Pages: 10
...NATIONAL ECONOMICS UNIVERSITY ADVANCED EDUCATION PROGRAM BUSINESS PLAN SOCIAL ENTERPRISE Supporting the women prisoners after they are out prison. Advanced Accounting 54B GROUP 6: 1. Nguyễn Diệp Anh 2. Vương Phương Anh 3. Đoàn Hồng Anh 4. Đỗ Phương Anh 5. Nguyễn Thị Hường 6. Bùi Diệu Linh Table of Contents I. SUMMARY: 2 II. ORGANIZATIONAL OVERVIEW: 3 1. Problems and Solution: 3 2. Vision: 3 3. Mission: 3 4. The object: 3 5. Market Analysis 3 I. PRODUCT: 4 II. MARKET ANALYSIS 5 1. Target market 5 2. Total market valuation 6 3. Target company revenue 6 4. Market trends 6 5. Competitive Advantage 7 III. MARKETING STRATEGIES 7 IV. STAFFING AND OPERATIONS 9 1. Operational plan: 9 2. Management and personel: 10 VII. SALES PLAN 10 VIII. SOURCE OF FINANCIAL 12 1. Capital of founding people: 12 2. Supporting financial for social organizations : 12 IX. CONCLUSION 13 I. SUMMARY: Everyone wants to be a good person, to become useful citizens of the country, but it is not easy, especially with those who committed an offense in the first time, the way for them to re- integrate community seems too fragile. And the challenge has become more difficult for the female prisoners. Because of going out the prison with nothing and the mistake past, their opportunity to remake their lives are so faint. In vocational guidance for prisoners after serving...
Words: 3895 - Pages: 16
...Social Enterprises as Hybrid Organizations: A Review and Research Agenda* Bob Doherty, Helen Haugh1 and Fergus Lyon2 The York Management School, University of York, Freboys Lane, York YO10 5GD, UK, 1Judge Business School, University of Cambridge, Trumpington Street, Cambridge CB2 1AG, UK, and 2Middlesex University, The Burroughs, London NW4 4BT, UK Corresponding author email: bob.doherty@york.ac.uk The impacts of the global economic crisis of 2008, the intractable problems of persistent poverty and environmental change have focused attention on organizations that combine enterprise with an embedded social purpose. Scholarly interest in social enterprise (SE) has progressed beyond the early focus on definitions and context to investigate their management and performance. From a review of the SE literature, the authors identify hybridity, the pursuit of the dual mission of financial sustainability and social purpose, as the defining characteristic of SEs.They assess the impact of hybridity on the management of the SE mission, financial resource acquisition and human resource mobilization, and present a framework for understanding the tensions and trade-offs resulting from hybridity. By examining the influence of dual mission and conflicting institutional logics on SE management the authors suggest future research directions for theory development for SE and hybrid organizations more generally. Introduction The phenomenon of social enterprise (SE) has attracted...
Words: 14316 - Pages: 58
...Social entrepreneurship through forest bio residue briquetting Contents 1. The social problem and the opportunity 4 2. Mission, vision and values 7 3. Our solution (strategy and business model) 9 4. The entrepreneurial team 15 5. Human resources 16 6. Context 18 7. Scaling strategy 20 8. Impact measurement 22 9. Risks 25 10. Financial Plan 28 Bibliography 29 Figure 1. Exposure of the population to natural disasters 4 Figure 2. Lean canvas 8 Figure 3. Manually operated briquetting machine 11 Figure 4. Crushing option 12 0. Business plan summary This section should briefly present the main ideas of the following sections and thus should resemble an elevator speech. Accordingly, it has to be written last, after all the details of the business have been established. Length of section: 0.5-1 page 1. The social problem and the opportunity Most of the time Romania ranks last in sectors like education, health and sustainable development among European countries. But when it comes to antagonistic areas, the situation changes abruptly: Romania occupying the fourth place among the European countries threatened by natural disasters like drought, floods and landslide. In 2012 Institute for Environment and Human Security of the UN launched the World Risk Report which focused on environmental degradation and disasters. According to the study, Romania features an average risk. The report underlined the following aspect: “The risk...
Words: 8925 - Pages: 36
...CORPORATE SOCIAL INVESTMENT BUSINESS CONGRESS 2008 Presented by THE HELPING HAND NETWORK CSI Business Congress 2008 Page 1 THE CALL TO DIALOGUE – SOCIAL REFORMATION CONGRESS REPORT & SUPPLEMENT CONGRESS DATE: 1516 JULY 2008 CONGRESS VENUE: SIBAYA CASINO, 1 SIBAYA DRIVE, UMHLANGA, KWAZULU NATAL OVERALL FEEDBACK “For the first time CSI will tread where no man has trod before, and pave the way to the social reformation of South Africa.” The congress has become a reality and manifested a resounding success as we received excellent feedback from delegates who attended this event. The demand of our country has definitely changed from conferencing and workshops to active dialogues and practical outputs. This was accurately displayed when the panel discussions and dialogues superseded the conventional manner of conferencing. There was a remarkable shift from proclamation to accurate application. The CSI Congress has provided a moral order and accurately confronted specifics that will result in the eradication of systems in which the exploitation of resources leads to the poverty of the country. The CSI Congress primarily identified both the theoretical and practical strengths and weaknesses of alternative approaches to measuring freedom, and clarified on which techniques are most suited for building sustainable systems towards excellence and to chart concrete directions for future research that will add value to SA`s sustainable corporate social development. This...
Words: 8382 - Pages: 34
...on-going experience (over almost 30 years) of building firms whose purpose is to alleviate poverty has led to the emergence of the concept of ‘social business’, which can be viewed as still being under construction. Established multinational companies (MNC) have recently shown some interest in the Grameen experience and in its fight against poverty as part of a more general emphasis on corporate social responsibility (CSR). However shareholder value maximization remains the rule in the capitalist system, and e clearly e the reconciliation of this with social objectives is often problematic. Thus, although advocates of CSR like to propose that companies should be measured by a ‘triple bottom line’ of financial, social and environmental benefits, ultimately only one bottom line usually matters: financial profit. However, research has shown that, if managed strategically, CSR projects can indeed pay off, both socially and financially.1 In the midst of the current financial and economic crisis, some companies have begun to question their role more fundamentally and seem to be awakening to social change issues. Some pioneering established companies have sought to implement more pro-active CSR policies that anticipate social trends and go beyond the minimum required,2 and this impetus has led to the rise of the number of ‘social businesses’....
Words: 4189 - Pages: 17
...Long Range Planning 43 (2010) 308e325 http://www.elsevier.com/locate/lrp Building Social Business Models: Lessons from the Grameen Experience Muhammad Yunus, Bertrand Moingeon and Laurence Lehmann-Ortega Grameen bank, founded in 1976, has both pioneered the development of micro-finance, and created nearly 30 businesses designed to alleviate poverty. The article traces the gradual development of Grameen’s expertise in formulating social business models, which require new value propositions, value constellations and profit equations, and as such, resembles business model innovation. The article presents five lessons learned from this experience: three are similar to those of conventional business model innovation e challenging conventional thinking, finding complementary partners and undertaking continuous experimentation; two are specific to social business models: recruiting social-profit-oriented shareholders, and specifying social profit objectives clearly and early. We suggest these new business models e where stakeholders replace shareholders as the focus of value maximization e could empower capitalism to address overwhelming global concerns. Ó 2010 Elsevier Ltd. All rights reserved. Introduction The Grameen Group is a network of nearly 30 sister organizations linked to the Bangladeshi Grameen Bank, the microcredit pioneer and (together with its founder, Muhammad Yunus, one of this article’s co-authors) 2006 Nobel Peace Prize winner. This group was established in...
Words: 10080 - Pages: 41
...for Cornell –PKU Conference, June 9-11, 2008, Ithaca Legal Myth on Emergence of Social Enterprises in China By JIN Jinping∗∗ Abstract Is social enterprise a new form of organization, differ from for-profit ones and not-for-profit ones? The article tries to answer this question. The social enterprises seem blur the boundary between for-profit and not-for-profit in the objects, while they don’t break though the distinction between for-profit organization and not-for-profit organization, and the rules applied respectively. However the social enterprises can enjoy some special treatment, not base on the form of organization, but on the social benefit of their mission. We should deal with social enterprises and pure business enterprises differently, and shouldn’t ask the later to offer what they needn’t. Key words: Social Enterprises; Corporate Social Responsibility; Community Interest Company; the Triple Bottom Line PartⅠ. Introduction While “corporate social responsibility” is broadly concerned by the public, a new term “Social Enterprise” has been introduced and is gaining its popularity. There are quite a few incubators for social enterprises in practice, and some foundations have put ∗∗ Jin Jinping, Lecture in Peking University Law School. Email: jinjinping@yahoo.com.cn. 1 social enterprises at their priority list of their grantee.1 The term “Social Enterprise” is first used in a report of Organization for European Economic Co-operation,(OEEC)...
Words: 4245 - Pages: 17
...40K Globe Report In January 2016, I was selected as part of a team to travel to Bangalore, India and work on a social impact project. These projects involved us living in the village of Maralakunte, just north and on the outskirts of Bangalore. The way these impact projects are designed is that each team is given a social aspect that their project revolves around. These aspects include education, employment, food, water, agriculture, energy etc. These projects that we are given also don’t just start and finish with our team. They are a continuous process that teams must handover to another team to continue. Because of this, a 5 stage impact process was designed. This details out the stages of a projects life and the role in the project in each of those stages. Depending on where the project is in its life determines what stage a team will begin their month from. The stages of the impact process are needs analysis, deep dive (solution sets), ideate, prototype and iterate, and finally roll out. Needs analysis involves the team running surveys in their village to determine the main issues in that village that need fixing. The project then moves onto deep dive where the team focuses on the issue that is most important and relevant and brainstorms possible solution sets for this issue. Ideate then involves building new and innovating business models using these solution sets. These models must be able to function as a viable business and also solve the identified need...
Words: 2360 - Pages: 10
...Social entrepreneurship is a process of combining social cause with business approach and innovations. Social entrepreneurs are individual entrepreneurs who find innovative, efficient and effective methods of serving a social purpose such as reduce unemployment, reduce pollution, toxicity and reducing the inequality between the rich and the poor. Instead of leaving social issues to government or big Corporations, social entrepreneurs find the things that are not working and solve the problem by changing the system. They create ideas and find solutions that are ethical, sustainable or user-friendly, thus convince societies to adopt these steps. Every leading social entrepreneur (Bill Gates/ Richard Bronson) are visionaries that are concerned with profit maximization but also the welfare of the public. Social entrepreneurship shapes the frontiers between the profit- oriented sectors and the non-profit oriented sectors as social enterprises can vary from for-profit community development organizations such as hybrid organizations which have both profit and non-profit elements. This is so because of the different traditions of social entrepreneurship in different parts of the world. Some examples of non-profit social enterprises are the Forest Stewardship Council (FSC), BRAC (NGO) or the Marine Stewardship Council (MSC) and some examples of profit oriented social enterprises are the Grameen bank in Bangladesh and SELCO. A good example of a social entrepreneur is Jordan Kassalow...
Words: 567 - Pages: 3
...(IJIET) Social Entrepreneurship: A Growing Trend in Indian Economy Dr. Partap Singh Head & Asstt. Professor, Deptt. of Management studies S. D. Institute of Technology and Mgt. (SDITM) Israna, Panipat, Haryana Abstract - Social entrepreneurs can help get better various issues like nutrition, education and health care and many are still blighted by unemployment and illiteracy by helping those less fortunate towards a worthwhile life. Rather than leaving societal needs to the government or business sectors, they can solve the problem by changing the system. Social entrepreneurship is expected to be the next big thing to influence India as the country juggles to achieve a balance between a growing GDP growth, ensuring inclusive growth and attempting to address issues ranging from education, energy efficiency to climate change. This paper attempts an analytical, critical and synthetic examination of social entrepreneurship in India. Key words: Social venture, inclusive growth, and social problems. I. INTRODUCTION Social entrepreneurship is the recognition of a social problem and the uses of entrepreneurial principles to organize create and manage a social venture to achieve a desired social change. While a business entrepreneur typically measures performance in profit and return, a social entrepreneur also measures positive returns to society. Thus, the main aim of social entrepreneurship is to further broaden social, cultural, and environmental goals. Social entrepreneurs...
Words: 3473 - Pages: 14
