the biz of social change
TRANSCRIPT
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The Business of Social Change
Rogelio Morales
Project Quality AdvisorAgriTeam Canada
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AgriTeam
AgriTeam Canada Consulting
Provides management and technical expertise
to developing and transitional countrypartners on projects
Promote sustainable growth
Meaningful opportunities for people to improve
lives
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AgriTeam, Part 2
Prioritize local ownership and capacity
development
Partner with IDA like CIDA, ADB, WB, UN Projects: 170 worldwide
Expertise: Capacity Development, CSR, M&E,
Project & Investment Feasibility Studies,Proj Planning & Design, RBM
Sectors: Agri, Comm Devt, Health, Environ
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My Work At AgriTeam
Project Quality Advisor
Electronic Governance for Efficiency &
Effectiveness Local Partner: CICT
Specifics: Piloting the EGF Procedures
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The Business of Social Change
Rogelio Morales
Project Quality AdvisorAgriTeam Canada
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Agenda
Opportunity as an Entrep Characteristic
Finding Opportunity
Opportunities in Social Change Q&A
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What Entreps Do?
Habitually create and innovate to
build something of recognized
value around market opportunities.
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Taken Apart
Habitually create and innovate tobuild something ofrecognized
value around market opportunities.Innovate able to overcome obstacles
that would stop most people, turn problemsand risks into opportunities, deliver, and see
ideas through to final applicationBuild something the output of the
innovation process
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Wheres the Opportunity?
Changes in the environment;seeing the patterns of change.
Not resource driven. Not Withthese resources, what can Iachieve? but Given what I want
to achieve, what resources do Ineed to acquire?
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The Product and The Market Intersects
A product that fulfills (or creates) aneed at just the right time, in the
right place Ease the Pain. If the product is not
practical, functional, grounded on
reality then it has very littlechance. Nobody buys uselessproducts.
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Wheres the next big thing?
So where is the next million-dollar idea hiding,just waiting to be discovered?
A great idea alone doesn't guarantee success
you also need to be able to recognize when aconcept has the potential to becomesomething tangible and hit it big
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How to Recognize Opportunity
Is my idea realistic? Is it technically andfinancially feasible?
Is there a strong need for my potential
product? Is this a need I passionately want to address?
Does pursuing this opportunity meet my goalsas an entrepreneur?
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When Idea=Opportunity
When it is attractive, durable and timely and isanchored in a product or service that createsor adds value for its end buyer or user.
The most successful entrepreneurs areopportunity-focused; that is, they start withwhat customers and the marketplace wantand do not lose sight of this.
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Venture/Enterprise Realities
Success is highly situational.
Starting a company is a lot harder than itlooks, or you think it will be.
Most new ventures are works in process. Crucial: speed, adroitness of reflex, and
adaptability
Key to success is failing quickly and recoupingquickly.
Best entrepreneurs specialize in making "newmistakes" only.
Quotes from "New Venture Creation," 2004, by Timmons and Spinelli
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Dont Ignore Customer Needs
Apples Netwon vs. Palm Pilot
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What is the Aim of the Enterprise?
Do you just want to make money or also
change society?
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The Business of Social Change
One area of Opportunity is in SocialEntrep
There are more and moreentrepreneurs that set up venturesthat make money and improve
society at the same time. Many now aim to make money and
support a cause.
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The Social Entrepreneurs
Are like the traditional entrep but they are
into it to influence Social Change
Find innovative ways to create betteroutcomes for society
Social enterprise a business that makes
money but initiates social change.
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The Developing World
20% of the worlds population lack clean water
40% lack adequate sanitation
20% lack adequate housing
70% unable to read
20% earn less than $1 a day
20% underfed and 20% overfed
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The Developing World
20% suffer from malnutrition (35% under age
5)
35,000 people die every day from hunger-related causes
250,000 children die each week of
malnutrition and preventable diseases
40% of population at risk of malaria
Deaths from AIDS increased more than 6x
over the 1990s.
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Reality:
There is a great
divide between
the haves andthe have-nots
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Some Social Issues Prevailing in the
Phils
Graft & Corruption
Poverty
Literacy
Disabled Access to Justice, Health (DTTB)
Abuse vs. Women and Children
Families in Conflict areas Calamities
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Social Entrep Profile
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Muhammad Yunus Professor of economics in his native
Bangladesh
30+ years ago, driven to find a way to convince
banks to give loans to the poorest people inhis country.
The poor have no collateral, he was told.Loaning them money is folly.
Yunus decided to start a bank for the poor,Grameen Bank the first micro-lendinginstitution
The first loan was for about 30 US dollars, to
women in particular.
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Muhammad Yunus
Today, microcredit is mainstreamed even into
the most conservative institutions.
Yunus changed forever the myth that beingpoor was synonymous with being a high-risk
investment.
Over the years repayment rate has been
between 95-98%.
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The triple Bottom line
Financial, economic, environmental/social
issues
Green businesses, CSR
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Other Items
Bill & Melinda Gates , Warren Buffett
Manny Villar
Rajo Laurel
Binalot Pinoy Fast Food University/Centers for Learning
Fair Buying, wellness products
Illac Diaz Winding Radio/Water wheel pump
Oxfam, World Vision, etc
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Your Questions Answered
Can an social enterprise be profitable?
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Thank You!
Reference:
www.agriteam.ca
www.ashoka.com
Wikipedia (on Social Entrepreneurship, Capacity
Development)
www.dswd.gov.ph
www.ebbf.org/social_entrepreneurship