Transforming lives and communities through social entrepeneurship
Keston Perry presents on transforming lives and communities through social entrepreneurship. Social entrepreneurship aims to create social value rather than wealth by addressing social issues in innovative ways. Social entrepreneurs tackle major social problems through ambitious visions, are mission-driven to promote systemic change, and are strategic and resourceful in developing solutions with limited resources. They focus on measurable results that transform realities for marginalized groups. Challenges addressed through social enterprises include poverty, illiteracy, unemployment, and more. Financing can come from social entrepreneurship programs, government ministries, corporate social responsibility initiatives, and international support. Social enterprises require community involvement, being community-driven and owned, and strategic, long-term sustainability through catalyzing networks and
Transforming lives and communities through social entrepeneurship
- 1. Transforming lives and communities through social entrepreneurship Keston Perry Founder, KUMBA Consulting Group/ New Maroons Media JCI Seminar Series Thursday September 12, 2013
- 2. Kelvin DJ Focus Doe in Sierra Leone 息 2013 KUMBA Consulting Group. All Rights Reserved.
- 3. Creativity 息 2013 KUMBA Consulting Group. All Rights Reserved.
- 4. Entrepreneurship defined 3 dimensions of entrepreneurship Create value (generate profit or social benefit) Implement an original idea or incrementally significant idea Coordination of resources (social, financial and human) 息 2013 KUMBA Consulting Group. All Rights Reserved.
- 5. Entrepreneurship / Innovation nexus 息 2013 KUMBA Consulting Group. All Rights Reserved.
- 6. Qualities of a social entrepreneur Ambitious: tackle major social issues; social vision ; Organisational forms: Innovative nonprofits, Social-purpose ventures, hybrid organizations that mix elements of non-profit and for-profit organizations. Mission driven: Generating social value not wealthis the central criterion of a successful social entrepreneur. promoting systemic social change. Strategic: opportunities to improve systems, create solutions and invent new approaches that create social value. Resourceful: limited access to capital and traditional market support systems. Results oriented: produce measurable returns. These results transform existing realities, open up new pathways for the marginalized and disadvantaged, and unlock societys potential to effect social change. (Martin & Osberg, 2007) 息 2013 KUMBA Consulting Group. All Rights Reserved.
- 7. Challenges 息 2013 KUMBA Consulting Group. All Rights Reserved.
- 8. Challenges Learning and Physical Disability Crime / Juvenile Delinquency Poverty / vagrancy Illiteracy Cultural disengagement Digital Divide Lifestyle diseases Governance / People participation Unemployment Family dysfunction 息 2013 KUMBA Consulting Group. All Rights Reserved.
- 9. Social Enterprise Cases 息 2013 KUMBA Consulting Group. All Rights Reserved.
- 10. Financing Social Entrepreneurship Program MIF/IADB Ministry of Labour, Small and micro-enterprise Development Ministry of Community Development Corporate Social Responsibility initiative e.g. Repsol International Support Canadian High Commission, British Council息 2013 KUMBA Consulting Group. All Rights Reserved.
- 11. Community Involvement Support system / network Community-driven and owned Listening, learning and action Strategic and long-term 息 2013 KUMBA Consulting Group. All Rights Reserved.
- 12. Sustainability The ability to endure into the future through effectively catalysing networks, resources and creating long term positively impact on the community. Funding model trading or selling a product; donations; contracting services Reinvestment息 2013 KUMBA Consulting Group. All Rights Reserved.
- 13. Thank You kumba.consulting@gmail.com www.thenewmaroons.com @kestontnt 息 2013 KUMBA Consulting Group. All Rights Reserved.