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social challenges and why entrepreneurship and innovation matter - Coggle…
social challenges and why entrepreneurship and innovation matter
POSITIVE IMPACTS
Societal
Improving lives of:
Chronically ill
Immigrants
Single Parents
Long-term unemployed
Isolated people
Measures of success:
Quality of service
Creative solutions
No. of users
Quality of relationships
Environmental
Reduce waste
Reduce pollution
Green energy
Economic
Job creation
Profit
Shareholder value
Training
Knowledge sharing
Creation of resources
ENTREPRENEURSHIP
SME's
Aims and Objectives
Societal impact
Environmental impact
Profit
All the above as 'Triple Bottom line'
Community led
INNOVATION
SDGs
Big corporations
Partnerships
Ambitious aims require new ways to meet them
GOVERNANCE
EO more worker and societal centric
'On the ground' knowledge and decision making
IO more profit maximisation centric
Co-operatives - members control for mutual and private benefit.
Fairness
Social enterprise
Pairing of social objective and making proift.
More inclusive than a charity?
NPO
Purely charitable
Donations
Voluntary work
Growing economic weight
Community welfare
Job creation
Economic value added
For the benefit of those they are trying to reach
Who is included in decisions
What criterion is used
What do participants partake in
What are the desired effects
Alignment between internal governance, external aims and strategy.