a new generation of leaders: the social entrepreneur fulbright lecture series november 19, 2010...
TRANSCRIPT
A New Generation of Leaders: The Social Entrepreneur
Fulbright Lecture Series
November 19, 2010
Dayle M. Smith, PhDProfessor of Management
University of San Francisco
Fulbright Visiting Professor of Management, Hong Kong Baptist University and the HAC
2010-2011
Overview Introduction Fad or Paradigm Shift New Generational Values A Model for Social Entrepreneurship and
Leadership Development Role of Education in Developing the
Social Entrepreneurial Leaders Implications and Discussion
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Challenge: Access to Clean Water 1.2 billion people are
drinking unsafe water Problem: transport
(retrieval to consumption)
Seeding innovation in the water sector
Acumen Fund, IDEO w/backing from Gates Foundation
Micro Finance
The Kadoorie Story in Hong Kong
Grameen in India (http://www.grameen.com/)
KIVA in the US & Worldwide
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Social Entrepreneurship Defined
A social entrepreneur is someone who recognizes a social problem and uses entrepreneurial principles to organize, create, and manage a venture to make social change….rather than bringing a concept to market to address a consumer problem, social entrepreneurs attempt to bring a concept to market to address a public problem.
(Alex Nicholls, Oxford University’s Skoll Centre)
Social entrepreneurship takes many forms, but at it’s core is characterized by a leaders’ sense of social consciousness and a desire to make a positive impact on society
…adapted from an ancient Chinese proverb
Philanthropy/Charity
“Give a man a fish and you feed him for a day…”
The NGO/Government Model“…teach a man to fish and you feed him for a lifetime”
Social Entrepreneurship
“Provide him access to capital to create a sustainable fishing business at a fair rate of return and change the world”
Challenges Understanding of Complex Problems
(poverty, access to clean water, healthcare, environmental pollution,sustainability in all its forms)
Taking a A Different Approach to Business
Collaborative effort Triple Bottom Line Thinking Leadership Reframed
Why a “new” generation of Leaders?
What do our students care about?
What inspires this generation?
…the anecdotal evidence
A New Generation of Business Leaders
“socially aware, globally engaged…”-
--Professor Dave Gershon
National Institute for Pharmaco-Economics and
Healthcare Policy Social Venture Incubator
IBM Global Student Study 2010
Three most important ‘external’ forces over the next three years Globalization Environment Sustainability
Source: IBM Global Student Study 2010, IBM Global CEO Study 2010
Representative Comments “I’ll consider economic performance and societal/environmental performance as two
parts of the same process of wealth creation. We need to rethink what wealth means” (student, France)
“Resources are depleting heavily. Govenrments will now take things into their hands and keep their resources in their country so they will last longer.” (student, India)
“Natural resources..are becoming more scarce….there will be a need for collaboration among nations to find solutions to these problems, which means that organizations will be more interconnected.” (student, USA)
“Global thinking is a must for leaders, but it must be associated with a focus on sustainability and integrity, otherwise businesses will be short-lived.” (student, Japan)
Less than 4 in 10 students believe their education has prepared them well to address the new realities of a shared planet
Insights from the IBM Study
To meet future challenges…. Rethink Business Value Create Stronger Global Connections Inspire Creative Leadership
Source: IBM Global Student Study 2010, IBM Global CEO Study 2010
The Role of Education
Consider these ideas about Education…
• “In an engaged institution, an ideal education lies between the two poles of experience and purpose, thought and action, self-realization and social responsibility. An education is meaningful when it liberates the spirit and feeds the soul and at the same time, prepares us to make good decisions, contribute to public life, and live as responsible citizens of our democracy.
To foster a society in which learning has consequences, our colleges and universities must direct themselves to bringing public purposes and private benefits together.”
(--Ramaley, J.A. (2005). Scholarship for the public good: living in Pasteur’s quadrant.
In A.J. Kezar, T.C. Chambers, & J.C. Burkhardt (Eds). Higher education for the Public Good. (p 180). San Francisco: Jossey Bass.)
Scholarship of Engagement “At one level, the scholarship of engagement means connecting to our most
pressing social,civic and ethical problems. Campuses should be viewed by both students and professors not as isolated islands but as staging grounds for action….
but at a deeper level…what’s also needed is is not just more program, but a larger purpose, a larger sense of mission….
…the scholarship of engagement also means creating a special climate in which the academic and civic cultures communicate more continuously and more creatively with each other, helping to enlarge what anthropologist Clifford Geertz describes as --the universe of human discourse and enriching the quality of life for all of us.”
(Boyer, 1990. Scholarship Reconsidered: Priorities of the Professoriate. Princeton, NJ: Carnegie Foundation)
What’s Needed?
“…Collaborative, action-oriented, real-world problem-solving was by far the best strategy to advance knowledge and learning.”
(---reflecting on W. R. Harper’s beliefs about higher education in Benson, et. al. (2005): “Integrating a commitment to the public good into the institutional
fabric.”
Developing Social Entrepreneurs Teaching Business Valuation from a “Triple Bottom Line” perspective:
3 Ps + 1
People Planet Profit
AND……..Partnerships
A Model for Social Entrepreneurs
Source: Alex Nichols, Oxford University,Skoll Centre
Leadership Qualities (LPI) Leadership Practices
Challenge the Process Inspire Shared Vision Model the Way Enable Others to Act Encourage the Heart
Source: Kouses & Posner, The Leadership Challenge
Leadership from a Global Perspective: GELI
Visioning Empowering Energizing Designing and Aligning Rewarding and
Feedback Team Building
Outside Orientation Global Mindset Tenacity Emotional Intelligence Life Balance Resilience to Stress
Source: DeVries, Global Executive Leadership Inventory
Where Can These Behaviors Be Developed?
Education Experience Practice
All focused on • People• Planet• Profit• Partnership
Leveraging Education Experiential Learning: Service Learning
and Internships An approach to Mission, Purpose and
Making Education Relevant A Strategy for Community Engagement
What is Service Learning? SL and Social Entrepreneurial Internships provide for experiential learning that
engages students in course-relevant, community-focused service/experience that connects the academic discipline to community action and social change
SL is intentional in meeting the needs of a community partner, as defined by that partner and, engaging the student in well-articulated service and/or internship experiences
SL and the well-developed internships is built on a reciprocity principle where students learn from their community partners
SL and Internships from a “social change” perspective enables students to take action and reflect; whereby action informs reflection and reflection encourages further action--developing leadership knowledge, skills, abilities (KSAs) needed by Social Entrepreneurs
Internships and Service Learning
Building Strategic Alliances
Faculty-Community Partner (F-C) Faculty-Student (F-S) Community Partner-Student (CP-
S) Student-Student (S-S)
Source: Smith, D. Managing Expectations in Service Learning, 2010
Developing Social Entrepreneurial Leaders: Strategic Alliances
Mentor(F-S)
Businesse.g. VC
S-P
Global PartnersS-P, S-S,
The Developing Leader (S)
The Mentor: University
S-S, S-F, S-P
Service Learning Internships
Global Partners
S-S, S-P, F-P
Skoll Foundation Vision: live in a
sustainable world of peace and prosperity.
Mission: drives large-scale change by investing in, connecting, and celebrating social entrepreneurs and other innovators dedicated to solving the world’s most pressing problems.
Example: Funding Root Capital and the Starbucks connection
http://www.skollfoundation.org/nytimes-fixes-filling-the-gap-between-farm-and-fair-trade/#more-3679
The HUB: “a platform for innovation
“We need new models that blend social and environmental value with economic viability. The system is broken. Together we can build a better alternative. When faced with a task of this magnitude, why not assemble great talent into a common space? Together, we generate new ideas for change. Then we combine tools and resources to transform our ideas into action. We work collaboratively, sharing best practices to inspire and grow. We build and scale together, forming a values-driven, high-performing system that works toward a better world.”
Business: The VC Community
Good CapitalQuickTime™ and a
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investment firm that increases the flow of capital to innovative ventures creating market-based solutions to inequality and poverty….invests in the most promising social enterprises and give them the tools and guidance they need to succeed. In addition,Good Capital actively leads the development of the emerging social capital market. …shares a deep commitment to the creation of a new,
I informed, and passionate world of investing that strategically moves more capital to good.
Alliance Relationship
Observations and Reflections
Formation of abstract Concepts and
Generalizations cultivatesCreativity & Innovation
Experiential Learning
Cycle
Testing implications of concepts in new
situations
The Experiential Learning ModelApplied to Strategic Alliances in Social Ventures
Implications and Discussion
Identifying opportunities for innovation that address social concerns
Enabling a generation to gain experience with social enterprises
Reframing how we define stakeholder interest and what it takes to maximize shareholder value
Incremental Change versus Game-Changing--Need this be an either/or proposition?
Questions?