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What is Entrepreneurship? What is Shared Value?

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Presentation on theme: "What is Entrepreneurship? What is Shared Value?"— Presentation transcript:

1 What is Entrepreneurship? What is Shared Value?
– Week 1

2 Entrepreneurship

3 “Entrepreneurship is identifying an issue or need in society, and creating a new innovative product or service to solve this issue or need. With this new product or service, a business is created. Unlike traditional businesses, entrepreneurs also focus on how they change the world, and not just profits.” Can you think of examples?

4 Video Examples Video on Entrepreneurship - v=T6MhAwQ64c0 Example of Youth Entrepreneurs - v=08mCf9G9xBU

5 Famous Entrepreneurs

6 Example 1: I Do, Now I Don’t

7 Example 2: Rent-A-Goat

8 Example 3: Pet Loo

9 Example 4: The Game Face

10 Example 5: Coin Card

11 Any Questions So Far?

12 Shared Value Any guesses?

13 What is Shared Value? Old model = Corporate Social Responsibility (CSR) Moving beyond tradeoffs Mutual benefits for both businesses and society Not just for publicity More than monetary profits

14

15 SV Example 1: Save-On Meats

16 SV Example 2: ADIDAS low cost shoes (Bangladesh)

17 Pick one of the following 3 companies and think about how they could create shared value: 1)Nike 2)Forever 21 3)Menchies

18 Homework: Find 2 examples of shared values. Must have in writing

19 Any questions?


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