30. 7 principles (2009)
Draft them Prof Yunus 2009 World Economic Forum
http://www.grameencreativelab.com/a-concept-to-eradicate-poverty/7-principles.html
31. 7 principles (2009)
Draft them Prof Yunus 2009 World Economic Forum
http://www.grameencreativelab.com/a-concept-to-eradicate-poverty/7-principles.html
32. 7 principles (2009)
Draft them Prof Yunus 2009 World Economic Forum
http://www.grameencreativelab.com/a-concept-to-eradicate-poverty/7-principles.html
1. Business objective will
be to overcome
poverty, or one or more
problems (such as
education, health,
technology access, and
environment) which
threaten people and
society; not profit
maximization.
33. 7 principles (2009)
Draft them Prof Yunus 2009 World Economic Forum
http://www.grameencreativelab.com/a-concept-to-eradicate-poverty/7-principles.html
1. Business objective will be
to overcome poverty, or
one or more problems
(such as education, health,
technology access, and
environment) which
threaten people and
society; not profit
maximization.
2. Financial and economic
sustainability.
34. 7 principles (2009)
Draft them Prof Yunus 2009 World Economic Forum
http://www.grameencreativelab.com/a-concept-to-eradicate-poverty/7-principles.html
1. Business objective will be to
overcome poverty, or one or more
problems (such as education,
health, technology access, and
environment) which threaten people
and society; not profit maximization.
2. Financial and economic
sustainability.
3. Investors get back their investment
amount only.
No dividend is given beyond
investment money.
35. 7 principles (2009)
Draft them Prof Yunus 2009 World Economic Forum
http://www.grameencreativelab.com/a-concept-to-eradicate-poverty/7-principles.html
1. Business objective will be to
overcome poverty, or one or more
problems (such as education,
health, technology access, and
environment) which threaten people
and society; not profit maximization.
2. Financial and economic
sustainability.
3. Investors get back their investment
amount only.
No dividend is given beyond
investment money.
4. When investment
amount is paid back,
company profit stays
with the company for
expansion and
improvement.
36. 7 principles (2009)
Draft them Prof Yunus 2009 World Economic Forum
http://www.grameencreativelab.com/a-concept-to-eradicate-poverty/7-principles.html
1. Business objective will be to
overcome poverty, or one or more
problems (such as education,
health, technology access, and
environment) which threaten people
and society; not profit maximization.
2. Financial and economic
sustainability.
3. Investors get back their investment
amount only.
No dividend is given beyond
investment money.
4. When investment
amount is paid back,
company profit stays
with the company for
expansion and
improvement.
5. Gender sensitive and
environmentally
conscious.
37. 7 principles (2009)
Draft them Prof Yunus 2009 World Economic Forum
http://www.grameencreativelab.com/a-concept-to-eradicate-poverty/7-principles.html
1. Business objective will be to
overcome poverty, or one or more
problems (such as education,
health, technology access, and
environment) which threaten people
and society; not profit maximization.
2. Financial and economic
sustainability.
3. Investors get back their investment
amount only.
No dividend is given beyond
investment money.
4. When investment amount is
paid back, company profit
stays with the company for
expansion and improvement.
5. Gender sensitive and
environmentally
conscious.
6. Workforce gets market wage
with better working
conditions.
38. 7 principles (2009)
Draft them Prof Yunus 2009 World Economic Forum
http://www.grameencreativelab.com/a-concept-to-eradicate-poverty/7-principles.html
1. Business objective will be to
overcome poverty, or one or more
problems (such as education,
health, technology access, and
environment) which threaten people
and society; not profit maximization.
2. Financial and economic
sustainability.
3. Investors get back their investment
amount only.
No dividend is given beyond
investment money.
4. When investment amount is
paid back, company profit
stays with the company for
expansion and improvement.
5. Gender sensitive and
environmentally conscious.
6. Workforce gets market wage
with better working conditions.
7. ...do it with joy.
41. Kinds of Social Business
• Type I
• Non Dividend company created to
solve a human problem
42. Kinds of Social Business
• Type I
• Non Dividend company created to
solve a human problem
• Type II
• Profit Maximizing business owned by
the poor or disadvantaged.
73. • Yunus Social Business is a non-profit venture
fund.
• They believe that business can be used to solve
human problems.
• Turn donations into investments in social
businesses that solve problems on the field.
http://www.yunussb.com/
141. Integrated
• The company runs
related services o
programs to fund its
social enterprise
works.
• Cross- subsidize
142.
143. External
• The activities that
generate money are
distinct from the social
impact activities.
• Operate 2 very distinct
enterprises
• Difficult to keep focus
on impact.
146. Integrated Impact and
business model
• Impact, first priority.
• Business as a need.
• The more people
reaches the more
impact, the more
revenue, the more
growth.
162. Theory of Change
• Outline the intended process for achieving social
impact, often using a logic model,
• A tool that maps the linkages between input,
activities, output, outcomes, and ultimately impact
163. Mission Alignment Methods
• Measure the execution of strategy against the
project’s mission and end goals over time,
• Rubrics such as scorecards to monitor
performance metrics.
169. Social Impact Bond
• Is a contract with the public sector in which a
commitment is made to pay for improved social
outcomes that result in public sector savings.
170. Measuring Social Impact
Stanford Social Innovation Review
https://ssir.org/articles/entry/how_impact_investors_actually_measure_impact
171. Stanford Social Innovation Review
https://ssir.org/articles/entry/how_impact_investors_actually_measure_impact
172. Measuring Social Impact
• Social Return on Investment
• Theory of Change
• Mission alignment methods
• Experimental and quasi-experimental methods
Stanford Social Innovation Review
https://ssir.org/articles/entry/how_impact_investors_actually_measure_impact
173.
174. Lean Data
• From compliance to collaboration. Actionable.
• From investor first to customer first. Meaningful
• From reporting requirements to better business
decision making. Applied.
• From resource-heavy and expensive to cost
efficient. Fast & Affordable.
http://acumen.org/ideas/lean-data/
182. Business Model
• A business model describe the rational for how an
organization creates, delivers and captures value.
— “Alex Osterwalder”
• Turning hypothesis to action
200. The Need for a
Lean Approach
• Lean is a mindset and as et of methods initially
created to help companies learn faster and
eliminate waste.
• Now it’s been used to tackle the most pressing
problems.
201. Why Lean?
• 1 It favors experimentation over elaborate
planning
• 2 It priorities customer feedback over intuition
• 3 It emphasize iterative design over traditional
“bid design up front” development
202. • As Lean practices
spread, they’re
turning the
conventional
wisdom about
Entrepreneurship
on it’s head. -
Steve Blank
203. • “Charities will do well to
change mindset and become
more entrepreneurial sooner
rather than later.”
214. • What do these situations have in common?
• How could have been avoided?
215. • What do these situations have in common?
• How could have been avoided?
• Have you ever experienced something
familiar? What happened? Why did you have
that experience? What would you do
different the next time?
222. 1. Choose the right focus area
2. Designing a successful Business
Model
3. Continuously learning and adapting
4. Building efficient and sustainable
operations.
5. Managing for impact.
254. Room 208 AIT Extension Building
yunuscenter@ait.asia
parra@ait.asia
@parra___
255.
256. • As countries like Bangladesh move towards
middle-income status, and with aid money drying
out, charities will have to convert to social
enterprises in order to address challenges in
human development
257. • the 1.2 billion people currently living in extreme
poverty cannot be met by either traditional
development or social enterprise alone. The ideal
scenario may be where the two can work together
258. • States have cut financial commitments to countries
with growing economies – the UK’s Department for
International Development (DfID) decided to stop
bilateral aid to India and South Africa by this year –
in favour of investing in social enterprise schemes
2013