Stephanie BarksdaleTulane University

Social Entrepreneurship InitiativesDecember 2010

sbark@tulane.edu

Adapted by LCB for the Needs of 460: Sustainability Management

There are those who look at things the way

they are, and ask why... I dream of things that

never were, and ask why not?

Let's Fnd Out

“A process by which citizens build or transform institutions to advance solutions to social problems.”

- David Bornstein

“The pursuit of sustainable solutions to problems of neglected positive externalities”

–Filipe Santos

“Innovation to create sustainable, scalable solutions to our most pressing social challenges. Working at the intersection of business, nonprofit, and government, social entrepreneurs/social innovators blend models and create mission-driven ventures to effect positive social change.”

-Tulane University

Bill Drayton

1. What SOCIAL VALUE are you creating?

2. What is your BUSINESS MODEL?3. How do you SCALE?4. How do you stay SUSTAINABLE?

Value most often measured in terms of profit

Social Value measures impact- ability to generate positive externalities

Examples: Enhancing human capabilities, increasing freedom, build levels of trust

Competitive Advantage: What do you do and create that adds value to society?

KEY: Be able to measure it in quantifiable terms

The rationale of how an organization creates, delivers, and captures value

• How do you operate?• How do you make money?• Who pays you? • Who is your client?• Who is your costumer?

Scale: Expanding the impact and reach of your organization to effectively solve the problem

Drivers for Scale**• Staffing • Communications • Alliance-building• Lobbying• Earnings-generation• Replication• Stimulating market forces

** http://faculty.fuqua.duke.edu/~ronnie/bio/BloomChatterji_090108.pdf

Wikipedia: “the capacity to endure” and “meeting the needs of the present without compromising the ability of future generations to meet their own needs”

Financial Operational Remaining relevant

Evaluation, Assessment, more Innovation

Panelists:

Andrea Chen, Founder and Director, Social Entrepreneurs of New Orleans (SENO)

Liz McCartney, Founder, St. Bernard Project

Tim Williamson, Founder and Executive Director, The Idea Village

Beth Stelson, Volunteer, Outreach, & Marketing Coordinator, The Green Project