US-Saudi Women's Forum on Social

EntrepreneurshipWORKING TOGETHER TO SOLVE SOCIAL ISSUES USING

BUSINESS AND LEADERSHIP SKILLS

2

The US-Saudi Women’s Forum on Social Entrepreneurship aims to enrich the lives of women and their

communities through the application of business and leadership skills to

social needs, while generating societal and economic value.

Mission StatementMission Statement

Working Together to Solve Issues Using Business and Leadership Skills

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PartnersPartners

Dar Al Hekma CollegeJeddah, Saudi Arabia

Babson CollegeBoston, Massachusetts

Wellesley Center for WomenBoston, Massachusetts

ICF InternationalWashington, D.C.

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Social EntrepreneurshipSocial Entrepreneurship

Approach social and community issues using: Entrepreneurial spirit and vision Business principles Leadership skills

Working Together to Solve Issues Using Business and Leadership Skills

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Three Major EventsThree Major Events

Introductory Seminar April 2009 Dar Al Hekma College (Jeddah, Saudi Arabia)

Symposium on Social Entrepreneurship July 2009 Babson College (Boston, United States)

Social Entrepreneurship Fair December 2009 Jeddah, Saudi Arabia

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Mentor ProgramMentor Program

Purpose: To provide students with professional guidance locally

When? April - December 2009 Where? Jeddah, Saudi Arabia

Will partner Saudi businesswomen with students participating in the Symposium on Social Entrepreneurship

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Online ToolsOnline Tools

US-Saudi Women’s Forum Blog www.us-saudiwomensforum.blogspot.com

US-Saudi Women’s Forum Social Networking Site www.us-saudiwomensforum.ning.com

Working Together to Solve Issues Using Business and Leadership Skills

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Stay ConnectedStay Connected

• Through the BLOG– Comments section – Send Emily

• Through the NETWORK– Discussion groups– Communicate directly with faculty from DAH and

Babson– Communicate directly with ICF project

management team

• Questions/concerns? Email:– etavoulareas@icfi.com

Introductions

Who is in the room?

Introductions to Women’s Leadership and the Learning

ProcessModule 1: Session 2

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Framework for Creating Social ImpactFramework for Creating Social Impact

SocialNeed

SocialNeed MissionMission

Vision ofSuccessVision ofSuccess

SocialImpact

Strategies

SocialImpact

Strategies

Social &Economic

ImpactIndicators

Social &Economic

ImpactIndicators

OperatingModel

OperatingModel

Organizational& Program

PerformanceIndicators

Organizational& Program

PerformanceIndicators

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Introductory Seminar OverviewIntroductory Seminar Overview

1. What is Social Entrepreneurship2. How to be a Social Entrepreneur3. How to Plant the Seeds for your

Social Enterprise4. How to Communicate your Vision

Introduction to Social Entrepreneurship

Module 1: Session 3

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ObjectivesObjectives

• After this session, you will be able to:– Explain the meaning of social

entrepreneurship – Recognize examples of different types of

organizations – Identify characteristics of a social

enterprise

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AgendaAgenda

• Can we define Social Entrepreneurship?

• Explore types of organizations• Learn how you can get involved

The Grameen Bank

A vision to end poverty

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Vision of an Improved WorldVision of an Improved World

Poverty Museum

Opens in 2050

Fم، كّليت أن العالم

يريد عندما

.

كوديوني بّلغة حدFث

يت فهو

ضورلح اآلن تسّجFل

العاشرلدولي

ا المؤتمر

كوديوني

ل

عقدسي الذي

.

مانياأل ايsنrتrس، t

م ذاربمدينةآ

خبراء بين المؤتمر وسيّجمع

صناعةال قطاعات كافة

من

العالميةالشبكة عّلى

حيث كود،ويوني

انترنيت

عل ستتم،

لعالما يريد عندما

فهو م،4 يتكّل أن

بّلغة يتحد4ث

.

تسّج4ل يونيكود

لحضور اآلن

الدولي المؤتمر

ليونيكود العاشر

سيعقد

الذي

آذاربمدينة

.

انياألم س،

UتUنVاي Wم

المؤتمر وسيّجمع

من خبراء بين

قطاعات كافة

صناعةال

العالميريد عندما

فهو م،4 يتكّل أن

بّلغة يتحد4ث

.

تسّج4ل يونيكود

لحضور اآلن

الدولي المؤتمر

ليونيكود العاشر

سيعقد الذي

آذاربمدينة

.

مانياأل ايVنUتUس، W

م

وسيّجمع

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Characteristics of EntrepreneurshipCharacteristics of Entrepreneurship

innovative

seize new opportunities

measurable results

risky

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Female EntrepreneursFemale Entrepreneurs

Lubna OlayanOlayan Financing

CompanySaudi Arabia

Mrs. Huda JanahiGlobal Freight and Passenger Services

Bahrain Nadia DajaniFounder of Jewelry Firm

Jordan

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Characteristics of Social EntrepreneurshipCharacteristics of Social Entrepreneurship

social impact

social mission

innovative

seize new opportunities

measurable results

risky

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Examples of Social EntrepreneurshipExamples of Social Entrepreneurship

Lynn FreijiWadi Environmental

Science CentreEgypt

Raghda El-EbrashiAlashanek ya Balady

Association for Sustainable Development

Egypt

Soraya SaltiInjaz

Jordan and Gulf

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Characteristics of Social EnterpreneurshipCharacteristics of Social Enterpreneurship

1. Pursue a social mission2. Use innovative approaches to address

social issues3. Are accountable to stakeholders (e.g.,

community members), not shareholders 4. Measure impact with social return5. Reinvest income and profits to pursue the

mission6. Are sustainable – financially and in impact

Adapted from Greg Dees (2001) The Meaning of Social Entrepreneurship and David Bornstein (2004) How to Change the World

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Social Entrepreneurship @ BabsonSocial Entrepreneurship @ Babson

The process of organizing resources and providing leadership to identify and act on

people and planet opportunities to create societal and economic value.

Educating mission-driven entrepreneurs to build and grow businesses for a better world.

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Social Entrepreneurship Addresses “People and Planet” Challenges

Social Entrepreneurship Addresses “People and Planet” Challenges

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What is a Social Enterprise?What is a Social Enterprise?

Traditional NGO

Traditional For-Profit

EnterprisingNGO

Corporate Social

Responsibility

Socially Responsible

Business

SocialEnterprise

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What is a Social Enterprise?What is a Social Enterprise?

MissionSocial purpose Profit

AccountabilityStakeholders Shareholders

Using ProfitsMission Shareholders

Impact $$$Social Indicators

Sustainability

Traditional NGO

Traditional For-Profit

Enterprising NGO

Corporate Social

Responsibility

Socially Responsible

Business

SocialEnterprise

Accountability

Profit Destination

$$$Lasting Social Impact

Sustainability

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Defining the NeedDefining the Need

Need Root Cause Approach

6 % of children in Saudi Arabia cannot read

-Lack of access to books -Lack of access of people to read to them and teach them to read

-Increase access to books-Recruit & train reading tutors

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Social Entrepreneurship Differs from Other ApproachesSocial Entrepreneurship Differs from Other Approaches

Social Enterprise

Activism

Zakat

CommunityService

• College students volunteer to tutor children

• Not sustainable; doesn’t provide children with books

• Donate books

• Not sustainable; doesn’t provide tutors

• Write editorials

• Not directly providing

books or tutors

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SummarySummary

Entrepreneurship has often been cited as the engine of economic growth.

Today, economic growth is still necessary, but no longer sufficient.

Social entrepreneurship is the engine of positive, systemic change that

will alter what we do, how we do it, and why it matters.

(Neck et al., 2008, p. 6)

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How do I Select a Concept for My Social Enterprise? How do I Select a Concept for My Social Enterprise?

SocialSocialEntrepreneurshipEntrepreneurship

SocialSocialEntrepreneurshipEntrepreneurship

Passion

Community Need

KnowledgeSkill/Talent

Assets

Access

Social Entrepreneurship in

Saudi ArabiaModule 1: Session 4

Conclusion

Module 1: Session 5