The Reasons Why We Can’t Ignore Social Entrepreneurship.
Social Entrepreneurship is quickly becoming the most powerful business model of the 21st century. It is an exciting process by which passionate and ambitious individuals build or transform a business to provide innovative solutions to social problems such as poverty, malnutrition, illiteracy, clean air and water, and health care.
The world today is plagued by probably more problems than ever before in history. We face challenges like never before and the “to do” list is enormous and growing. Social entrepreneurship is a relatively new phenomenon that operates in areas where traditional non-profit and government‐based support structures have not been successful.
Although Social Entrepreneur and Social Entrepreneurship are relatively new terms, examples can be found throughout history. They have always existed but in the past they were called visionaries, humanitarians, missionaries, philanthropist, reformers, saints or simply great leaders. Attention was paid to their courage, compassion and great vision but rarely to the practical aspects of their accomplishments. Children learn that Florence Nightingale cared for wounded soldiers but not that she built the first professional school for nurses and revolutionised the hospital system.
I am currently reading a book called “The Travail of the Mountains” by Rev. Dr. Irene Baker (my Aunt). Irene and her husband, Graham, were missionaries in New Guinea and in the 1960’s there was virtually no health service and the infant mortality rate was very high. She saw a great need so she started up a health clinic. It is now a fully operational hospital named “The Irene Baker Health Centre’, and it serves over 17,000 people throughout the valley.
Just as entrepreneurs change the face of business, social entrepreneurs act as the change agents for society, seizing opportunities others miss and improving systems, inventing new approaches, and creating solutions to change society for the better. While a business entrepreneur might create entirely new industries, a social entrepreneur comes up with new solutions to social problems and then implements them.
In fact, this new initiative has the world’s leading policy makers predicting that it will not only become the most purposeful, profitable platform of our time, but also a revolutionary change in thinking and planning for sustainable global improvement.
Social responsibility+Entrepreneurial strategies = Big Change.
Ordinary people can be the change and make an extraordinary impact. Do you want to make a difference?