SOCIAL

entrepreneurship
Faculty Member
SESSION 2
Discovering & Creating

SOCIAL ENTREPRENEURSHIP
Opportunities

CASE DISCUSSION

Discovering & Creating Social Entrepreneurship Opportunities

Social Entrepreneurship

READING SESSION

Share your THOUGHTS!

Opportunities in Social Entrepreneurshi

OBJECTIVES

Discovering & Creating Social Entrepreneurship Opportunities

1.Differences between Opportunities for

Entrepreneurship & Social
Entrepreneurship
2.How Opportunities in SE Discovered or
Created
3.Assessing the Opportunity

Social Entrepreneurship

How did the Social

Entrepreneurship start
their Journey?

Anda akan mengubah

nilai-nilai yang anda
miliki saat anda
mengubah kebiasaan
anda...

Opportunities in Social Entrepreneurshi

What is
OPPORTUNITIES?
Step of Opportunities in
Grameen Bank
Experience?

Opportunities in Social Entrepreneurshi

OPPORTUNITIES in
GRAMEEN

Identify the
Opportunity
that can
create
social value

Gather
resources &
bear all the
risk

Reassess
the
opportunity
continually

Opportunities in Social Entrepreneurshi

CONCEPTUAL
DEFINITIONS

The possibility of introducing a new product to the

market at a profit
Situation in which entrepreneurs envision/create a new
means-end frameworks
An idea that has developed into a business form
An entrepreneurs perception of a feasible means to
obtain/achieve benefits
An Entrepreneurs ability to create a solution to the
problem
The possibility to serve customer differently and better

Opportunities in Social Entrepreneurshi

Opportunity...
Came along the way or we chose?

DISCOVERY
VIEW

MOUNTAIN
CLIMBING

CREATION
VIEW

MOUNTAIN
BUILDING

Opportunities in Social Entrepreneurshi

DISCOVERY
VIEW

MOUNTAIN
CLIMBING

Opportunities are existed; Just

wait for the fortunate person to
discover & exploit it.
Opportunities are formed by
exogenous shocks caused by the
imperfections in market/industry.
TRENDS

Opportunities in Social Entrepreneurshi

MOUNTAIN
BUILDING

CREATION
VIEW

Opportunities are not existed.

Need the enactment between
social entrepreneur and & the
environment to activate it.
Opportunities would not exist
without the involvement of
entrepreneurs action
It can be based on social passion,
motivation, or background of the
entrepreneurs.

Opportunities in Social Entrepreneurshi

MINI ASSIGNMENT | CREATION VIEW

If it is based on your
passion? What social
opportunity do you see &
what will you do.
15 minutes of thinking &
SHARE

The Many Faces of Social Entrepreneursh

In Fact DATA

433

Nascent entrepreneurs

How did the original idea for

starting a business develop?

<10%

Discovery view verbs found

Saw | find | looking | notice

Which came first to you, the

business idea / decision to
start some kind of business

35%

Business idea / opportunity came first

45%

Decision came before recognition of

opportunity

20%

Idea & decision come at same time

Social Entrepreneurship

Summary of FINDINGS

DISCOVERY
VIEW

Need in the recognition of the

opportunity

CREATION
VIEW

Sensemaking to the context

and formation of the
opportunity

Social Entrepreneurship

7 of DRUCKERS Source of
Innovative Opportunity

Unexpected
occurences

Incongruities
(reality vs
dream)

Process needs
(improvement
when all
available)

Changes in
industry

Demographic
changes

Changes in
perception

New
knowledge

The Many Faces of Social Entrepreneursh

So, how is the role of

OPPORTUNITIES in
Social Entrepreneurship?

Opportunities in Social Entrepreneurshi

Experts Said!
Opportunities are not knocking the door......, rather they have to be
conceived, developed, and refined in dynamic, creative and thoughtful
process.
GUCLU, DEES, & ANDERSON
...., SE might follow a very similar track in which
idea find champions, vv, in which solutions find
resources, if true, the most effective SE is one who
simply ties the the stream together and stands aside
GUCLU, DEES, & ANDERSON
Attributes SE to Market & Government Failures
MONLLOR

The Many Faces of Social Entrepreneursh

Market Government Failures

Market Failures
Imperfect
information
Monopoly
power
Public goods
Externalities
Flawed-pricing
mechanism

Government
Failures
Pursuit of selfinterest by
politicians
Short-term
solutions
Imperfect
information

The Many Faces of Social Entrepreneursh

When we said that SE

opportunities is innovative?
Creating New /
Improved
Product,
Service /
program

Intrucing New
Improves
Strategy /
Method

Reaching New
Market,
Serving an
Unmet Need

Tapping into a
new source of
supply / labor

Establishing a
New
Industrial /
Organizational
Structure

Framing New
Terms of
Engagement

Developing
new Funding
Structures

The Many Faces of Social Entrepreneursh

How to Differentiate
SE & Not SE

Focus

Context

Stakehol
der

The Many Faces of Social Entrepreneursh

How to DISCOVER or CREATE

the SE Opportunities?

PHASE 1
IDEA RECOGNITION

Social Needs
Social Assets

PHASE 2

PHASE 3

Opportunity
Assessment

Opportunity

Pattern
Recognition

The Many Faces of Social Entrepreneursh

How to DISCOVER or CREATE

the SE Opportunities?
Social Needs

Social Assets

Pattern
Recognition

The Many Faces of Social Entrepreneursh

How to Assess the

Opportunity?

Social Value
Potential

Market
Potential

Sustainabilit
y Potential

Strategic
alignment
(mission)
Achievable
outcomes
Alliance
Organizatio
nal benefit

User need
User desire
Funder
interest
Market
share

Capital
need
Organizatio
nal
capability
Organizatio
nal
capacity
Income
potential

The Many Faces of Social Entrepreneursh