Attila Turos

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: attilaturos@gmail.com