Administration, Management and Entrepreneurship The Evergreen State College Nelson Pizarro Faculty Member May 31, 2007

Agenda Briefly define administration, management Entrepreneurship and social entrepreneurship Examples of leading social entrepreneurs Impact of social entrepreneurs Analyze the life cycle of a social entrepreneur See the criteria used to fund social entrepreneurs Watch a movie about a social entrepreneur

Administration Developing and maintaining procedures It focus its attention on the organizational structure on what is necessary to sustain it Procedures Systems and Structures Communication Channels

Management “To manage is to forecast and plan, to organize, to command, to coordinate and to control” – Henri Fayol (1916)

Common Definition of Entrepreneurship “The pursuit of opportunity without regard to resources currently control.” - Howard Stevenson

The “E” Process Will create a better world. It is not just about new companies, capital, and job formation, nor is only about innovation, creativity and breakthroughs. It is also about fostering an ingenious human spirit and improving mankind.” - Professor Jeffrey Timmons

Entrepreneurs Someone who “undertakes,” a significant project or activity Stimulate the economic progress by finding new and better ways of doing things

Entrepreneurs “The innovators who drive the creative-destructive process of capitalism.” - Joseph Schumpeter

Entrepreneurs “The entrepreneur always searches for change, respond to it, and exploit it as an opportunity.” - Peter Drucker

Social Entrepreneurs “A social entrepreneur finds what is not working and solves the problem by changing the system, spreading the solution and persuading entire societies to take new leaps. He or she is not content just to give a fish or teach how to fish. They will not rest until they have revolutionized the entire fishing industry.” - Bill Drayton, CEO, chair and founder of Ashoka

Jane Addams (U.S) Founded Hull-House in 1889 Settlement in an immigrant neighborhood in Chicago Expanded her efforts nationally Advocate of women's rights, pacifism and internationalism President of the WILPF Work resulted in legislation for women and children.

Maria Montessori (Italy) The first female physician Began working with children in 1906 Created the Montessori to early childhood education

Muhammad Yunus Services over 3.7 million clients 96% of loans are given to women These women own 93% of the bank Lent over 4 billion in collateral-free loans Repayment rates of 98.6% Over 120 partners in 40 countries in Grameen Global Network Idea Founder of the Grameen Bank, a micro credit bank for the poor and global movement to eradicate poverty. Impact microfinance

Fabio Rosa Rio Grande do Sul, Brazil: over half of the population did not have electricity Cut rural electrification costs 70-80% Idea spread to Argentina, Paraguay, Uruguay and South Africa Over 1 million people in 4 countries now with electricity Urban migration reversed in areas served Impact Fabio Rosa promoted the use of technology that would provide cheap electricity and water to thousands of poor rural families in Brazil.

A S H O K A Apprenticeship Studies the field and gains entrepreneu rial skills Social Impact High Millions of beneficiaries Low Potential impact not yet achieved Concept, launch of first pilot project Success and development Global impact Envisages and creates a pilot for an innovative solution to a social problem Spreads solution until it becomes a reference point in the field, on a national or international level Thinks and acts globally, making their best ideas accessible worldwide Mature 5-10 years The Life Cycle of a Social Entrepreneur

How is the idea different from what is already out there? Is it truly a transformational innovation for social change? Is the person really creative, both in outlook and in problem solving? How creatively does the person approach opportunities and obstacles? Is the person so passionate about her/his vision that she/he will not rest until the vision becomes a new pattern in society? Does the project have the potential to make changes at the national level and/or beyond? How many people will be affected by this project? Is the entrepreneur totally honest? Is her/his motivation deeply rooted in a commitment to serve others? New Idea Creativity Entrepreneurial Quality Social impact Ethical Fiber Criteria used to fund social entrepreneurs

Questions?