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US-Saudi Women's Forum on Social Entrepreneurship

US-Saudi Women's Forum on Social Entrepreneurship. WORKING TOGETHER TO SOLVE SOCIAL ISSUES USING BUSINESS AND LEADERSHIP SKILLS. Mission Statement.

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US-Saudi Women's Forum on Social Entrepreneurship

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  1. US-Saudi Women's Forum on Social Entrepreneurship WORKING TOGETHER TO SOLVE SOCIAL ISSUES USING BUSINESS AND LEADERSHIP SKILLS

  2. Mission Statement The US-Saudi Women’s Forum on Social Entrepreneurship aims to enrich the lives of women and their communities through the application of business and leadership skills to social needs, while generating societal and economic value. Working Together to Solve Issues Using Business and Leadership Skills

  3. Partners Dar Al Hekma College Jeddah, Saudi Arabia Babson College Boston, Massachusetts ICF International Washington, D.C. Wellesley Center for Women Boston, Massachusetts

  4. Social Entrepreneurship • Approach social and community issues using: • Entrepreneurial spirit and vision • Business principles • Leadership skills Working Together to Solve Issues Using Business and Leadership Skills

  5. Three Major Events • Introductory Seminar • April 2009 • Dar Al Hekma College (Jeddah, Saudi Arabia) • Symposium on Social Entrepreneurship • July 2009 • Babson College (Boston, United States) • Social Entrepreneurship Fair • December 2009 • Jeddah, Saudi Arabia

  6. Mentor Program • Purpose: To provide students with professional guidance locally • When? April - December 2009 • Where? Jeddah, Saudi Arabia • Will partner Saudi businesswomen with students participating in the Symposium on Social Entrepreneurship

  7. Online Tools • US-Saudi Women’s Forum Blog • www.us-saudiwomensforum.blogspot.com • US-Saudi Women’s Forum Social Networking Site • www.us-saudiwomensforum.ning.com Working Together to Solve Issues Using Business and Leadership Skills

  8. Stay Connected • Through the BLOG • Comments section • Send Emily • Through the NETWORK • Discussion groups • Communicate directly with faculty from DAH and Babson • Communicate directly with ICF project management team • Questions/concerns? Email: • etavoulareas@icfi.com

  9. Introductions Who is in the room?

  10. Introductions to Women’s Leadership and the Learning Process Module 1: Session 2

  11. Framework for Creating Social Impact SocialImpactStrategies Social &EconomicImpactIndicators Vision ofSuccess SocialNeed Mission OperatingModel Organizational& ProgramPerformanceIndicators

  12. Introductory Seminar Overview • What is Social Entrepreneurship • How to be a Social Entrepreneur • How to Plant the Seeds for your Social Enterprise • How to Communicate your Vision

  13. Introduction to Social Entrepreneurship Module 1: Session 3

  14. Objectives • After this session, you will be able to: • Explain the meaning of social entrepreneurship • Recognize examples of different types of organizations • Identify characteristics of a social enterprise

  15. Agenda • Can we define Social Entrepreneurship? • Explore types of organizations • Learn how you can get involved

  16. The Grameen Bank A vision to end poverty

  17. Vision of an Improved World Poverty Museum Opens in 2050 عندما يريد العالم أن يتكلّم، فهو يتحدّث بلغة يونيكود. تسجّل الآن لحضور المؤتمر الدولي العاشر ليونيكودالذي سيعقد آذاربمدينة مَايِنْتْس، ألمانيا. وسيجمع عندما يريد العالم أن يتكلّم، فهو يتحدّث بلغة يونيكود. تسجّل الآن لحضور المؤتمر الدولي العاشر ليونيكودالذي سيعقد آذاربمدينة مَايِنْتْس، ألمانيا. وسيجمع المؤتمر بين خبراء من كافة قطاعات الصناعة على الشبكة العالمية انترنيت ويونيكود، حيث ستتم، عل عندما يريد العالم أن يتكلّم، فهو يتحدّث بلغة يونيكود. تسجّل الآن لحضور المؤتمر الدولي العاشر ليونيكودالذي سيعقد آذاربمدينة مَايِنْتْس، ألمانيا. وسيجمع المؤتمر بين خبراء من كافة قطاعات الصناعة

  18. Characteristics of Entrepreneurship seize new opportunities innovative risky measurable results

  19. Female Entrepreneurs Lubna Olayan Olayan Financing Company Saudi Arabia Mrs. Huda Janahi Global Freight and Passenger Services Bahrain Nadia Dajani Founder of Jewelry Firm Jordan

  20. Characteristics of Social Entrepreneurship seize new opportunities social impact risky innovative social mission measurable results

  21. Examples of Social Entrepreneurship Soraya Salti Injaz Jordan and Gulf Raghda El-Ebrashi Alashanek ya Balady Association for Sustainable Development Egypt Lynn Freiji Wadi Environmental Science Centre Egypt

  22. Characteristics of Social Enterpreneurship • Pursue a social mission • Use innovative approaches to address social issues • Are accountable to stakeholders (e.g., community members), not shareholders • Measure impact with social return 5. Reinvest income and profits to pursue the mission 6. Are sustainable – financially and in impact Adapted from Greg Dees (2001) The Meaning of Social Entrepreneurship and David Bornstein (2004) How to Change the World

  23. Social Entrepreneurship @ Babson “ ” Educating mission-driven entrepreneurs to build and grow businesses for a better world. The process of organizing resources and providing leadership to identify and act on peopleand planetopportunities to create societal and economicvalue.

  24. Social Entrepreneurship Addresses “People and Planet” Challenges

  25. What is a Social Enterprise? Traditional NGO Enterprising NGO Social Enterprise Socially Responsible Business Corporate Social Responsibility Traditional For-Profit

  26. What is a Social Enterprise? Profit Socialpurpose Mission Stakeholders Shareholders Shareholders Mission $$$ Social Indicators Impact Lasting Social Impact $$$ Sustainability Traditional NGO Enterprising NGO Social Enterprise Socially Responsible Business Corporate Social Responsibility Traditional For-Profit Accountability Accountability Profit Destination Using Profits Sustainability

  27. Defining the Need

  28. Social Entrepreneurship Differs from Other Approaches Social Enterprise Activism • Write editorials • Not directly providing • books or tutors Zakat • Donate books • Not sustainable; doesn’t provide tutors Community Service • College students volunteer to tutor children • Not sustainable; doesn’t provide children with books

  29. Summary Entrepreneurship has often been cited as the engine of economic growth. Today, economic growth is still necessary, but no longer sufficient. Social entrepreneurship is the engine of positive, systemic change that will alter what we do, how we do it, and why it matters. (Neck et al., 2008, p. 6)

  30. How do I Select a Concept for My Social Enterprise? Passion Access Assets SocialEntrepreneurship Community Need Skill/Talent Knowledge

  31. Social Entrepreneurship in Saudi Arabia Module 1: Session 4

  32. Conclusion Module 1: Session 5

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