Attila Turos
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Social Enterprise:An innovative business model for
creating sustainable social impact
Attila J. TurosInternational Development and
Humanitarian Assistance Consultant
Lecture Overview
• Introduction to social entrepreneurship.
• Stimulating systemic change through
interventions and collaboration.
• Drawing on market-based mechanisms to
create positive change.
• Finding innovative ways to leverage resources
in the pursuit of social value.
What is a Social Enterprise?
An enterprise involving pursuing financial and
social goals simultaneously, with an emphasis on
replicability and sustainability.
What is Social Entrepreneurship?
A social action involving ways of meeting long-
standing as well as new social needs, with an
emphasis on individual action and initiative
Who/What are Social Entrepreneurs?
• Social entrepreneurs draw on professionalism and market based mechanisms to create positive change in the world.
• Social entrepreneurs find new ways to solve social problems usually affecting large portions of the population.
• Social entrepreneurs are relentless in the pursuit of their visions, simply do not take “no” for an answer, and do not give up until they spread their ideas as far as they possibly can.
Social entrepreneurship
Acting as an enabling
catalyst by using market
based mechanisms to
create positive change.
Conducting business not
simply to gain profit, but
to also have positive
social impact.
Delivering public and
quasi-public goods in a
more efficient and
effective manner.
Creating systemic change in
domains of social value
creations: i.e. education,
environment, trade,
health, banking, etc.
Innovation
Performance
Leadership
Identity
Key Elements of Social
Entrepreneurship
Social entrepreneurs as leaders
Social entrepreneurs
represent the vanguard of
civil society in terms of
effectiveness and adaptivity
because they overcome
obstacles that seem
insurmountable.
Social entrepreneurs as innovators
Social entrepreneurs
find innovative
ways to leverage
resources in the
pursuit of social
value.
Systemic change through
interventions and collaboration
• To help to turn the tide on the great challenges of the 21st
century as exemplified in the Millennium Development Goals (MDGs), a quantum leap in scale and impact is required, thus many more social enterprises must be created in a short period of time.
• Social entrepreneurs realize that not everything can be accomplished alone and therefore participate in “change communities”, which typically include technical experts, philanthropist, other entrepreneurs, etc.
• About a quarter century ago, restless people seeking to deal with problems that were not being successfully coped with by existing institutions, escaped the old formats and created a new sector dubbed “the third sector” or rather the “citizen sector”.
The Citizen Sector
Creating change through market
based mechanisms
The Social Business Model
Type I –focuses on providing a product and/or service with a specific social, ethical or environmental goal.
Type II – is a profit-oriented business that is owned by the poor or other underprivileged parts of society, who can gain through receiving direct dividends or by indirect benefits.
From one bottom line to three
• Generate profit.
• business and
employment
opportunities for
local people.
• Reduce
malnourishment
in children.
How to get started
Thank You!
Attila J. Turos
International Development and
Humanitarian Assistance Consultant
Email: [email protected]