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Social Entrepreneurship

social entrepreneurship

Social Enterprise Business Model!

November 2, 2010

A business model describes the  rationale of how an organization creates, delivers, and captures value – economic, social, or other forms of value. The process of business model design is part of  business strategy.

Though most part of the desire for social business starts with and gets driven by ‘passion’, fruitful journey requires an intuitive approach to find and assemble all pieces of the puzzle – continuously!

Business model is a great tool for describing core aspects of the business, including purpose, offerings, strategies, infrastructure, organizational structures, trading practices, and operational processes & policies. In reality, as more and more businesses are driven by opportunity or accidental successes, business model representation hardly exists!

Since every aspect of a commercial business is centered around ‘money’, P&L sheets + Cash Flow analysis drives business models – mostly defined on-demand! It is hard to find a cross section of employee base, including several business leaders – that can articulate the business purpose and/or business model of the organization!

For a social enterprise, clarity, common understanding and continuous communication of the purpose  are very important elements of design for sustainability. Else mortality of social enterprises will be alarmingly high!

Maintaining a visible description of the entire business of the enterprise helps in keeping this risk at large. It will also help in measuring and modifying individual elements to improve effectiveness of the organization.

 Alex Osterwalder offers the most simplest and focused approach to building business models for Social Enterprises. Check it out and use appropriately…

 

Business Models Beyond Profit – Social Entrepreneurship Lecture http://static.slidesharecdn.com/swf/ssplayer2.swf?doc=2009-05-18-bremen-bmsocialentrepreneurshippdfweb-090825094001-phpapp02&rel=0&stripped_title=business-models-beyond-profit-social-entrepreneurship-lecture-wise-etienne-eichenberger-iqbal-quadir-grameen-bank-grameen-phone&userName=Alex.Osterwalder

View more presentations from Alexander Osterwalder.

Update 11/2/10:

Check this one for a detailed analysis of business model relating the critical aspects of customer development into Social Entrepreneurship:  Customer Development and Social Entrepreneurship

~ 

Posted in: Social Entrepreneurship Tagged: strategy

Sustainable Innovation in action!

October 21, 2010

Social Innovation is not just another buzz word for action oriented dreamer doers! Just came across  Movirtu – a true example of a social enterprise which has entire elements of social innovation in action!

This company is bringing “personal cloud phone service” for rural users without a handset! Movirtu’s MXShare service enables people who cannot afford a phone or SIM card to own a virtual “Cloud Phone” account with their own telephone number.

No special handsets, SIM cards or additional client software are required. All information is transmitted between the handset and the MXShare server using secure channels, thereby eliminating the potential privacy issues associated with borrowing a handset. The system also manages the subscriber’s offline activity, tracking missed calls and sending notification alerts to friends or nearby village phone operators. Those with phones to lend, meanwhile, get rewarded with one-off fixed amounts or a percentage of the cost of the call or transaction as an incentive to share their handset. An example of “Frugal Luxury”!

Sustainable Innovation is successful- only when the focus is on all four circles –

      • Process Innovation = Efficiency – More for Less!
      • Product Innovation = Effectiveness – A winning Portfolio for the segment targeted – More for All!
      • Technology Innovation = Extension – More for All!
      • Business Model Innovation = Expansion – All for All!

image

This company has worked on all these elements remarkably well to ensure that the value is created and utilized at the user level! Just check the manifesto:

Purpose:

Innovative mobile technology and business models to wireless telecommunication service providers servicing rural poor communities in Sub-Sahara Africa and South Asia to help them realize shared access to basic mobile phone services at a much lower cost than has been achieved before.

Movirtu is committed to delivering technology and innovation that can enable basic phone services for these people at the ‘Base of the Pyramid’. We do this by delivering solutions to mobile operators that allow them to launch new products and business models specifically for this segment at a lower cost base to the mobile operator than could be reached before.

To the end user, by working with the network providers, we are creating the conditions that allow them the opportunity to use a mobile phone. We are making access affordable. We are connecting the unconnected. We are enabling people to have a phone number and participate in the economic system. We are helping people access jobs, raise incomes, access displaced family members and, increasingly, we are acting as an enabler to send and receive remittances over the mobile phone network.

The developed world model of phone ownership and usage is not applicable in this market. Low income subscribers use phones in far different ways than you could imagine. This market cannot be satisfied by diluted down, low cost versions of traditional technology, it must be addressed by the most advanced technologies creatively combined with the existing infrastructure. This is where we come in, Movirtu provides the technology, the business model innovation and market knowledge to make this happen.

Solutions:

MXShare is a platform which when installed in the core of a mobile network enables people who cannot afford to buy a handset to have a fully functioning Cloud Phone which they access using other people’s shared phones.

MXPay enables mobile operators to deploy existing mobile payment systems to those people living on less than $2 a day without the need for the user to own a phone or SIM card, thus drastically reducing the cost of entry for these services.

MXInfo is a mobile network infrastructure platform which enables Non Governmental Organizations (NGOs) and welfare organizations to provide personalized information services through the mobile operator to people living on less than $2 a day without the need for them to own their own mobile phone or SIM card. These services include healthcare, agriculture and educational information.

A very good working example of a social enterprise built around sustainable innovation – a must follow model for all enterprises!

 

http://vimeo.com/moogaloop.swf?clip_id=7153836&server=vimeo.com&show_title=1&show_byline=1&show_portrait=1&color=&fullscreen=1&autoplay=0&loop=0

BoP Mobile Life in Kenya from Movirtu on Vimeo.

~

Posted in: @dreamerdoers, @frugal, @innovation, Articles, Frugal Luxury, Social Entrepreneurship Tagged: Social Entrepreneurship

Social Entrepreneur Events

October 15, 2010

Learning from masters, experiences and on-the-job are the most valuable forms of education. Focused conferences, workshops and events provide all these in one capsule!

Especially in Social Entrepreneurship – focused purely on flawless execution of a social strategy – learning is also associated with networking with passionate – self disciplined people!

Some events giving such opportunities to all those interested include the following: 

 
What: Confluence 2010
Annual event of NSEF focusing on “Youth and Social Entrepreneurship”. The conference will act as a platform to catalyze social entrepreneurship amongst the youth, be a place to drive home various social innovations and different facets of social entrepreneurship and a place to mutually learn about effective solutions to the most pressing social problems. The event will witness a conflux of social entrepreneurs, investors, thought leaders in area of social entrepreneurship sharing their ideas under one roof. The participants includes sector experts, young social entrepreneurs, student representatives from premier institutes who have led campus social initiatives, investors and thought leaders in this sector.
When: Saturday, October 23, 2010 (all day)
Where: MLR Convention Centre

Brigade Millennium, 7th Phase, J.P. Nagar
Bangalore, Karnataka 560078   India
 
What: Sociopreneurship India 2010
Mission: To recognise and showcase Social Innovations and Entrepreneurs behind it in a forum that brings Social Investors, Industry Experts and the Media together.
When: Tuesday, November 23, 2010 (all day)
Where: The Royal Orchid, Golf Avenue Adjoining KGA Golf Course

Bangalore, Karn?taka   India
 
What: India Social Entrepreneurship Journey, Febuary 2011
Our February 2011 social entrepreneurship journey will immerse participants in a once-in-a-lifetime 9-day experience in India. Joining a select group of senior leaders from some of the world’s top private, public and civil society organisations, participants will get first-hand lessons in innovation, entrepreneurship and leadership from some of Delhi and Rajasthan’s leading social entrepreneurs. The journey will include interactive site visits, discussion around local and national issues, and personal and group reflection time.
When: Friday, February 11, 2011 (all day)
Where: Various places in Delhi, Rajasthan

Jaipur, Rajasthan   India
 
What: Rural Marketing Congress India 2010
Built on months of research with MNCs, SME’s, social entrepreneurs, investors and consultancies this is the meeting place that will give you: key guidance around the critical issues to be aware of insights into the mindset of Mr Rural India deep understanding of the rural institutions you need to partner with for success consumer savvy strategies built for the rural customer
When: Tuesday, December 7, 2010 (all day)
Where: JW Marriot

Mumbai, Maharastra 400049   India
 
What: CIGMA 2011 – Conference on Inclusive Growth and Microfinance Access
The objective of the conference is to provide a platform for evolving strategies for accelerated inclusive growth, provide constructive suggestions to policy makers, to explore innovations in the area and the way forward.
When: Saturday, January 29, 2011 (all day)
Where: Faculty of Management Studies, Banaras Hindu University

Varanasi, UP 221005   India

 

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<Will keep this updated routinely, as and when new info is available.If you have any info, please share! >

Posted in: Social Entrepreneurship Tagged: events
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No matter our age, our circumstances, or abilities, each of us can create something remarkable with our lives - Joseph B. Wirthlin
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