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Engaging Local Government and the Corporate Sector in AdvancingSocial Entrepreneurship - UNDP – Bratislava (Dr Sarabajaya Kumar) Social Entrepreneurship.

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Presentation on theme: "Engaging Local Government and the Corporate Sector in AdvancingSocial Entrepreneurship - UNDP – Bratislava (Dr Sarabajaya Kumar) Social Entrepreneurship."— Presentation transcript:

1 Engaging Local Government and the Corporate Sector in AdvancingSocial Entrepreneurship - UNDP – Bratislava (Dr Sarabajaya Kumar) Social Entrepreneurship – Partnership and Collaboration between Government, Civil Society and the Private Sector Dr. Sarabajaya Kumar Associate Fellow Institute for Science, Innovation and Society Saïd Business School University of Oxford

2 Engaging Local Government and the Corporate Sector in AdvancingSocial Entrepreneurship - UNDP – Bratislava (Dr Sarabajaya Kumar) Agenda - Social Entrepreneurship - The Role of the Social Entrepreneur in Solving Local Problems Definitions - Entrepreneurs/Social Entrepreneurs - Social Entrepreneurship - Organisational Forms Case Study - Partnerships - Café Fifteen Time permitting … Case Study - FutureFirst Corporate Citizenship

3 Engaging Local Government and the Corporate Sector in AdvancingSocial Entrepreneurship - UNDP – Bratislava (Dr Sarabajaya Kumar) Entrepreneurship/Social Entrepreneurship - What are we talking about? Jean Baptiste Say (19 th Century) Joseph Schumpeter (20 th Century) - entrepreneurs are catalysts and innovators. Drucker (Contemporary) - entrepreneurship does not require a profit motive Stevenson (Contemporary) - entrepreneurs see possibilities not problems Dees (Contemporary) ‘father of the field Social Entrepreneurship’. Social entrepreneurs are entrepreneurs with a social mission. Social entrepreneurs look for the most effective methods of serving their social missions (Dees, 1998: 1).

4 Engaging Local Government and the Corporate Sector in AdvancingSocial Entrepreneurship - UNDP – Bratislava (Dr Sarabajaya Kumar) Social Entrepreneurship Voluntary and Community Organisations (including Charities and Not-for- Profits) Social Enterprises Corporate Hybrids The Spectrum of Social Entrepreneurship

5 Engaging Local Government and the Corporate Sector in AdvancingSocial Entrepreneurship - UNDP – Bratislava (Dr Sarabajaya Kumar) Social Entrepreneurship - Entrepreneur/Social Entrepreneur - Jamie Oliver Café Fifteen

6 Engaging Local Government and the Corporate Sector in AdvancingSocial Entrepreneurship - UNDP – Bratislava (Dr Sarabajaya Kumar) Social Entrepreneurship - Entrepreneurs/Social Entrepreneurs – Jake Hayman and Ana Caistor-Arendar FutureFirst

7 Engaging Local Government and the Corporate Sector in AdvancingSocial Entrepreneurship - UNDP – Bratislava (Dr Sarabajaya Kumar) The Future … Corporate Citizenship Corporate Citizenship ‘The case for corporate engagement in society is compelling’ (Schwab, 2008). Extension of the stakeholder concept – contribute to sustaining the world’s well-being, in co-operation with governments and civil society. Not only ‘civic duty’ but ‘enlightened self interest’, - private sector depends on development - which in turn relies on stability and increased prosperity. A long-term investment enhancing the sustainability of the marketplace. Engagement at all levels - local and global - on issues of importance - access to food, education, poverty. By taking a broader and longer perspective than immediate, short- term profits, corporations may benefit in multiple ways. Diageo, Procter & Gamble, and Unilever have successfully reduced their water use … Unilever decreased own world-wide usage by 54% over 10 years.

8 Engaging Local Government and the Corporate Sector in AdvancingSocial Entrepreneurship - UNDP – Bratislava (Dr Sarabajaya Kumar) The Future … Corporate Citizenship CSR/CSE/CC – Greenwash – ‘often the world’s most polluting corporations that have developed the most sophisticated techniques to communicate their message of corporate environmentalism’ (FoEI - Friends of the Earth International, 2002). Blowfield (2007) - Is it more fruitful to think about the value of business to society, and in terms of the public expectations that society has of business? What can business contribute? Corporate Social Entrepreneurship - transformation of socially and environmentally responsible ideas - e.g., Deutsche Bank - Microfinance, Toyota - Hybrid Car. Corporate Citizenship is the business of business …

9 Engaging Local Government and the Corporate Sector in AdvancingSocial Entrepreneurship - UNDP – Bratislava (Dr Sarabajaya Kumar) The Future … Corporate Citizenship ‘a feature of this globalizing world that stretches traditional boundaries. … a logical extension of corporations’ search for a consistent and sustainable framework for global engagement … one that adds value for both the companies and the global space in which they engage. It … can reinforce the positive role of business in society and enhance profitability in the long term. … integrates … the rights and the responsibilities that corporations have as global citizens. … in relying on a multi-stakeholder approach to tackling global problems, it can point out the way to new models of effective global governance that integrate business as a key stakeholder’ (Schwab, 2008: 118).


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