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Published byPamela Norton Modified over 9 years ago
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Social Entrepreneurship: Critical Success Factors Presentation by Bharat Damani Ph.D. student at CTARA, IIT Bombay RuTAG Workshop 12 th January 2012
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Critical Success Factors Objective – Trigger for the enterprise – Vision – Mission Role of Stakeholders – Identify all stakeholders – What is their expected contribution / input? – What are their respective benefits? – What limitations or obstacles can they create? – What is the social capital brought in? 2
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Critical Success Factors (cont’d) Participatory Evolution – Consult and take inputs from all stakeholders – Interact at grass-root level – Accommodate influencing stakeholders on committees Sense of Ownership – Create self realization – Orchestrate all stakeholders Operational Management – Evolve a project management / logical framework analysis (LFA) approach – Conduct joint reviews with all stakeholders 3
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Critical Success Factors (cont’d) Addressing Sustainability – Estimate realistic set-up and operating resource requirements – Identify potential risk factors and make appropriate contingency plans – Focus on achieving operating cash flow break even at the earliest – Reinforce vision 4
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