Challenges to SE 社会企业家精神.ppt

* * * [Social Entrepreneurship : What Everyone Needs to Know] Part II : Challenges of Causing Change By David Bornstein Susan Davis Prepared by Lim, Chai Jung 11th June 2011 List of Challenges Financing 1. What are the main financial constraints? 2. How do social entrepreneurs finance organizations and enterprises? Sustainability 3. Can the field attract and cultivate talented workers? Evaluation 4. How do social entrepreneurs evaluate their impact? 5. What is the difference between scale and impact? Barriers 6. What’s stopping social change? 1. What are the main financial constraints? The characteristics of investment to social enterprises : Modest in size relatively short-term (average 1 year) Accessing growth capital is more challenging than getting the initial investment Mediocre organizations with strong brands often dominate the market in many fields. Consequently, many promising organizations end up undercapitalized under managed Governments Prefer to pay for services as they are delivered, rather than invest in building institutions Demand compliance with government reporting requirements Unpredictable, often contingent more on politics than performance Philanthropists / Foundations Preferred by social entrepreneurs Require unique application procedures reporting formats 1. What are the main financial constraints? Solution : “Do what competent businesspeople routinely do!” - Create multiyear growth plans - Raise the up-front capital to execute those plans - Evaluate their performance against pre-established goals “Planning must begin with a theory of change and an analysis of how an idea will spread, achieve impact, and influence others.” 2. How do social entrepreneurs finance organizations enterprises? Process of recruiting funders, advisors, board members, and staffers Resource landscape has exploded with a proliferations of financing options Array of resources - Community, family,