what are some of the ways in which you can motivate your team in a social enterprise? How can you manage the passion and expectation that social purposes create?
Contemporary Economic Issues Facing the Filipino Entrepreneur (1).pptx
3of4 - dtruran ebbf - imsd social entrepreneurship - motivating your team 2014
1. Motivating your “social” enterprise team
IMSD
PROFESSOR
Daniel Truran
IMSD / Social Entrepreneurship
2. ebbf.org / Daniel Truran www.eoi.es
IMSD / Social Entrepreneurship
definitions stifle the creativity, flexibility, adaptability
needed for this era
Who knows what jobs will exist
twenty years from now?
definitions new mindset
3. ebbf.org / Daniel Truran www.eoi.es
IMSD / Social Entrepreneurship
the world we operate in
definitions new mindset
“we operate in a radically interdependent, !
increasingly transparent, tightly hyperconnected,
brutally hypercompetitive, and viciously volatile world. !
To create 21st century advantage you will need to
produce more enduring, human, fundamental — and
fundamentally more meaningful — stuff.”!
!
Umair Haque!
!
http://blogs.hbr.org/haque/2010/11/strategy_can_do_better.html
4. ebbf.org / Daniel Truran www.eoi.es
IMSD / Social Entrepreneurship
social entrepreneur social enterprise
passionate to address
a social issue
finance is a secondary
objective
an enterprise dedicated
to addressing a social issue
also needing to remain
financially sustainable to be
able to address the issue
5. ebbf.org / Daniel Truran www.eoi.esebbf.org / Daniel Truran www.eoi.esebbf.org / Daniel Truran www.eoi.es
What can you expect from this course?
An introduction to social entrepreneurship (DT)
!
Social Entrepreneurship through the lenses of Ashoka 35 years’ experience (MZ)
!
Social Scaling and Hybrid Value Chains (MZ)
!
Creating your own social enterprise and social impact (DT)
!
Inspiring, managing, motivating your team and stakeholders (DT)
!
Using social media to communicate, learn and co-create (DT)
IMSD / Social Entrepreneurship
6. ebbf.org / Daniel Truran www.eoi.es
Inspiring, managing, motivating your
social enterprise team and stakeholders
how?
IMSD / Social Entrepreneurship
7. ebbf.org / Daniel Truran www.eoi.es
why?
IMSD / Social Entrepreneurship
why do I go to work
on Monday?
give meaning and purpose
to the week ahead
8. ebbf.org / Daniel Truran www.eoi.es
IMSD / Social Entrepreneurship
creating purpose
“Purpose….
you’ve got to get a real purpose — a social purpose,
not just a "corporate" one, bereft of meaning to the
people you want to create enduring value for. You've
got to make the case for why what you're making
creates value that matters, counts, endures, last, and
multiplies — instead of just the illusion of value. ”!
!
Umair Haque!
!
http://blogs.hbr.org/haque/2010/11/strategy_can_do_better.html
9. ebbf.org / Daniel Truran www.eoi.es
No Moooore Waste
(NoMoWa)
IMSD / Social Entrepreneurship
An Exciting Purpose
serving a real pain a real social need
that gives meaning and
purpose to the week ahead
that creates passion
11. ebbf.org / Daniel Truran www.eoi.es
Setting Clear Objectives and indicators
to give direction and focus to the passion
12. ebbf.org / Daniel Truran www.eoi.es
Setting Clear Objectives and indicators
to give direction and focus to the passion
13. ebbf.org / Daniel Truran www.eoi.es
clear manifesto / statement that
inspires how we operate and why
14. is a global learning community
accompanying mindful individuals
passionate about contributing to
a prosperous, sustainable & just civilisation
through their daily work
www.ebbf.org | why ebbf exists
15. !
identifying emerging issues and opportunities
engage in constructive discourse
influence, by transforming thinking and action
empowering others to take action
www.ebbf.org | ebbf 3 year vision
for the next three years our vision is to specifically:
16. ebbf.org / Daniel Truran www.eoi.es
It’s not just about purpose and passion
but about - how - you are and do what you do
18. ebbf.org / Daniel Truran www.eoi.es
¿Que es un Innovador Social?
(*) “Todos somos potenciales innovadores sociales, ya que consideramos como tal, a quien crea valor e
impacto en la sociedad gracias a su actividad diaria, a través de su creatividad, energia emprendedora y los
valores que se reflejan en el fin y la visión de su empresa y organización.”
FrankWilliams
El espacio que inspira, conecta e impulsa al
innovador social
21. ebbf.org / Daniel Truran www.eoi.es
No Moooore Waste
(NoMoWa)
IMSD / Social Entrepreneurship
Clear and enticing purpose / manifesto
“we ….”
Specific objectives and indicators
that creates passion, clarity and alignment
of people in our team
22. ebbf.org / Daniel Truran www.eoi.es
meetings that motivate
Oh no, not - ANOTHER - meeting
23. ebbf.org / Daniel Truran www.eoi.es
Experiences from your own meetings?
24. ebbf.org / Daniel Truran www.eoi.es
what should a meeting achieve?
celebrate awareness
of overall progress
contributing to purpose
removing
obstacles
you should want to go to a meeting
you should find it useful, “glad I went”
25. ebbf.org / Daniel Truran www.eoi.es
how should meetings achieve their goals?
open consultation
26. ebbf.org / Daniel Truran www.eoi.es
in our interconnected web 2.0 world
where’s the leader?
27. ebbf.org / Daniel Truran www.eoi.es
Structure - Flow of Communication
From Uni-Minded
To Pluri-Minded
28. ebbf.org / Daniel Truran www.eoi.es
Structure - Flow of Communication
47. ebbf.org / Daniel Truran www.eoi.es
Appraisals
After every appraisal a peak in productivity
Agreed tasks
What worked
Underline and Celebrate!
What does she / he
think she / he could improve
to achieve the final goals?
What do we aim to achieve?
ideally identify one (max 3) areas for improvement
48. ebbf.org / Daniel Truran www.eoi.es
IMSD / Social Entrepreneurship
Why motivate?
49. ebbf.org / Daniel Truran www.eoi.es
Annualized stock market return
10 year 5 year 3 year
IMSD / Social Entrepreneurship
56. ebbf.org / Daniel Truran www.eoi.es
THANK GOD IT’s MONDAY !
IMSD / Social Entrepreneurship
57. ebbf.org / Daniel Truran www.eoi.es
Lack
of rest!
IMSD / Social Entrepreneurship
a sign that something is wrong:
!
burn out rate of workers
(you and your team)
Lack of meaningfulness
!
Too much meaningfulness and passion
(in social enterprise)
58. ebbf.org / Daniel Truran www.eoi.es
how can you motivate your team?
What motivates?
59. ebbf.org / Daniel Truran www.eoi.eshttp://www.fastcompany.com/1646337/science-shows-that-bigger-bonuses-create-
worse-performance
61. ebbf.org / Daniel Truran www.eoi.es
Financial
Autonomy
Mastery
Purpose
IMSD / Social Entrepreneurship
HUBMadridopsteam’s
autonomy
62. ebbf.org / Daniel Truran www.eoi.es
Facebook Motivation
IMSD / Social Entrepreneurship
63. ebbf.org / Daniel Truran www.eoi.es
What do “people” want?
IMSD / Social Entrepreneurship
64. ebbf.org / Daniel Truran www.eoi.es
Portrait of Gen Y (Offsprings of baby boomers 20 to 35)
Ambition
84% profess to be very ambitious
Loyalty vs. Quest
45% expect to work for their current employer for their entire career
Multicultural Ease
78% are comfortable working with people from different ethnicities
and cultures
Healing the Planet
86% say it’s important that their work make a positive impact on the
world
Networking by Nature
48% say having a network of friends at work is very important
Harvard Business Review - July August ’09
What does talent demand?
65. ebbf.org / Daniel Truran www.eoi.es
Flexi-time
Four Day Working Week
Motivation & Inspiration having more than 1 job
66. ebbf.org / Daniel Truran www.eoi.es
Get to know, really know - Your -
Values
and the company values
IMSD / Social Entrepreneurship
67. ebbf.org / Daniel Truran www.eoi.es
Personal
Values
Company
Values
Shared Area
IMSD / Social Entrepreneurship
68. ebbf.org / Daniel Truran www.eoi.es
The “values game”
A post-it of “values” that you stick on the back of your “colleagues”
Has anyone at work highlighted or even mentioned
the values you or your colleagues have?
How did you feel reading these values?
the values of a leader, the core values of a company ...
how can we talk “values” at work?
IMSD / Social Entrepreneurship
69. ebbf.org / Daniel Truran www.eoi.es
Personal Company
Shared Area / Emotional engagement
Society
Shared purpose and values creating
emotional engagement
70. www.ebbf.org | how to get that “like” ? promise and deliver an emotional experience
making the promise delivering the promise
creating emotional engagement
71. ebbf.org / Daniel Truran www.eoi.es
No Moooore Waste
(NoMoWa)
making the promise delivering the promise
creating emotional engagement
72. ebbf.org / Daniel Truran www.eoi.es
how / where do you
communicate your promise?
73. www.ebbf.org | how can we make the promise?
ways to make the promise
even something as “boring” as an invoice can
become a vehicle to communicate the promise
74. www.ebbf.org | how can we make the promise?
making the promise
using email signatures
77. ebbf.org / Daniel Truran www.eoi.es
Motivation in a social enterprise happens when the
passion that stems from your purpose
is balanced by an effective leadership in achieving it,
always remembering to the best way to achieve
your purpose is to focus also on the wellbeing,
mastery and autonomy of your highly motivated
team of people.
79. ebbf.org / Daniel Truran www.eoi.esebbf.org / Daniel Truran www.eoi.esebbf.org / Daniel Truran www.eoi.es
What can you expect from this course?
An introduction to social entrepreneurship (DT)
!
Social Entrepreneurship through the lenses of Ashoka 35 years’ experience (MZ)
!
Social Scaling and Hybrid Value Chains (MZ)
!
Creating your own social enterprise and social impact (DT)
!
Inspiring, managing, motivating your team and stakeholders (DT)
!
Using social media to communicate, learn and co-create (DT)
80. ebbf.org / Daniel Truran www.eoi.esebbf.org / Daniel Truran www.eoi.es
Your assignment for Friday 28th June 23:59
Identify a social enterprise (world coverage)
!
describe stakeholders it positively influenced
!
describe the social impact it has achieved
!
highlight measurable indicators of this impact
!
2 A4 pages maximum - 3 min presentation - website links
IMSD / Social
one (or more) blog entries with highlights from the course20%
email to : daniel.truran@ebbf.org
70%