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Rollins named a Changemaker Campus!. Ashoka is world’s leading network of social entrepreneurs with over 3,000 Ashoka Fellows leading social change in 80 countries Identifying 30 colleges who are leading the charge to educate students for effective and intelligent social change.
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Rollins named a Changemaker Campus! • Ashoka is world’s leading network of social entrepreneurs with over 3,000 Ashoka Fellows leading social change in 80 countries • Identifying 30 colleges who are leading the charge to educate students for effective and intelligent social change 1. Arizona State University 2. Babson 3. College of the Atlantic 4. Cornell 5. Duke 6. George Mason 7. Johns Hopkins 8. Marquette 9. Middlebury 10. Tec de Monterrey 11. The New School 12. Tulane 13. University of Colorado 14. University of Maryland 15. University of San Diego 16. Rollins 17. Brown 18. Brigham Young 19. Portland State University
On a National Scale… • 61% of Millennials feel personally responsible for making a difference in the world. • 74% of college students envision themselves as leaders who will improve the world’s social or environmental challenges. • 73% of undergraduate business majors want a bigger focus on corporate responsibility and sustainability in their coursework. • 84% of college students will seek socially • responsible employment after graduation.
Don’t Worry! • This is actually great for their future careers! • “Doing good” is not enough, they want to affect substantive change and solve problems. • Living in mud huts • Doing it for free • Anti-business • This passion is translating into highly viable income streams and career paths.
THE FASTEST GROWING JOB CREATION RIGHT NOW IN THE U.S. IS IN THE IMPACT SECTOR
Social Entrepreneurship Achieving a desired social, cultural or environmental change through the use of entrepreneurial principles to organize, create and manage a venture Success is measured in terms of positive returns to society (capital is means to end) Preparing students to be job creators not job consumers Doing good in a sustainable [not sacrificial] way so that all parties are benefiting
Nonprofits Organization driven by social mission; all profits must go back into organization $1.5 trillion annual spending industry with 3rd largest labor force (to retail and manufacturing) hiring 1 in 10 Americans CEO of American Red Cross makes $995,718; CEO of United Way makes $559,257; CEO of YMCA $452,581 Emergence of nonprofits with income generating business models (i.e. Girl Scouts with Girl Scout cookies)
Business • “Corporate social responsibility” didn’t exist 25 years ago. Today 90% CEOs believe sustainability and social responsibility is important to good business practice (reputation, pride, recruitment, retention, cost saving) • Responsibility is arguably the largest brand launch and response we have seen from the corporate world. Companies have been gradually buying this brand and now they expect to hire a workforce that can add depth to what it means. • Fortune 50 company recruitment strategies based on employees with evidence/ experience/interest in CSR – what great news for our students!
Business • Socially continuous companies – Almost standard expectation for companies to have a visible “give back” (i.e. Avon ending deforestation, Aramark wellness, Coke climate change/ panda bears) • B corporations – For-profit companies with triple bottom line - equal focus on profit, people, planet – beginning to earn special tax exemption (Ben & Jerry’s, Newman’s Own) • Hybrid Corporations – For-profit companies linked to a nonprofit branch that prioritizes social agenda (Mozilla Foundation/ Fire Fox started as nonprofit and grew for-profit arm to manage its big partnerships with Google and Yahoo)
Impact Investing The way we view investment is changing… Investing in line with your values and considering both profit and impact when assessing risk 2012 Harvard article, “Impact at Scale” confirms impact creates shareholder value Why? 75% of Ashoka’s giving is from business entrepreneurs because within 5 years, more than half of Ashoka Fellows shift public policy. These companies and the individuals they hire have the skills set, drive and know how to get things done.
Changemaking Skills Set • Analytical skills • Courage (Be Flawsome – Coke) • Imagination • Resourcefulness • Thinking and information intake management • Ability to think differently and strategically – globally and locally • Multi-sector and stakeholder understanding • Experience with start up and turnarounds – because it’s transferable! • Ability to work collaboratively with people you don’t like • Self-empowered to be an agent of change in ANY position • Forecast with knowledge that things will change • “Jobs for repetition are fewer and fewer… the job market is moving to a “everyone a changemaker world” – Bill Drayton, Ashoka
At Rollins… How can we prepare students to channel their passion, skills and knowledge in an effective and professional way? 86% Rollins students want to learn more about social entrepreneurship! They want to “do good and do well”. SESi (the social entrepreneurship & sustainability initiative) is a brand new campus resource working with faculty from all different areas of campus to help develop tools and competencies.
Social Entrepreneurship Education Learning Outcomes • Applied creativity, initiative, innovation • Trying and moving beyond failure • Systemic approach to problem solving • Development of empathy and resilience from diverse cultural experience • Cross sector exposure to decision making • Mature inclination for adaptability and change
At Rollins… • Courses emerging in various disciplines • MBA: Social entrepreneurship & sustainable enterpruse • INB: Impact investing • INB: Intro to social entrepreneurship • WMS: Strategies for changemaking • Internships and mentorships with social innovators and socially responsible companies • Conferences in the field • Coaching for new venture concepts • Clinton Global Initiative
Want to Learn More? Contact me Anytime! Chrissy Garton Director of Social Innovation 407-646-2808 cegarton@rollins.edu