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SE Summit – HR Panel

SE Summit – HR Panel. Kevin Au CUHK Centre for Entrepreneurship December 2007. Director: Prof. Hugh Thomas (Finance) Associate Directors: Prof. Kevin Au (Management) Prof. Louis Leung (Journalism) Prof. Bennie Zee (Medicine) Prof. KF Wong (Engineering)

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SE Summit – HR Panel

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  1. SE Summit – HR Panel Kevin Au CUHK Centre for Entrepreneurship December 2007

  2. Director: Prof. Hugh Thomas (Finance) Associate Directors: Prof. Kevin Au (Management) Prof. Louis Leung (Journalism) Prof. Bennie Zee (Medicine) Prof. KF Wong (Engineering) Honorary Project Directors: Mr. Mingles Tsoi Mr. Bernard Suen CUHK Center for Entrepreneurship 香港中文大學創業研究中心 Room 243, Lady Shaw Building The Chinese University of Hong Kong Shatin, N. T. Hong Kong Tel : 2609-7542 Fax : 2609-7180 Email : entrepreneurship@cuhk.edu.hk Web : www.cuhk.edu.hk/centre/entrepreneurship To Inspire a passion for Entrepreneurship

  3. Entrepreneurship • To pursue opportunity without regard to resources currently controlled • Maximize success while minimizing failure • Staged investment

  4. Social Entrepreneurship • Double bottom-line • Social entrepreneurs…tapping inspiration and creativity, courage and fortitude to seize opportunities that challenge and forever change inequitable systems…change that will benefit disadvantaged communities and, ultimately, society at large. • In Hong Kong • Government involvement, how? • Profit distribution? • Is enterprising the best way?

  5. For whom? • SE Frontline Workers • Disadvantaged groups; cooperatives • SE Managers & Directors • Social workers vs. business executives • Government officers • Community • Business executives & bankers • Angel investors, institutional investors, philanthropists • Community organizations; political parties

  6. What? • Social entrepreneurship • Motives • Drive to pursue opportunity; risk-taking • Efficacy; empowerment • Knowledge, skills & abilities • Inter-disciplinary • Team building • Salesmanship/ negotiation • Accounting/ finance • Networks

  7. What? Special Issues • Opportunity recognition • Size & industrial structure; social missions • Revenue model & business plan • Financing & resource acquisition • Stage: seed, early stage, growth, exit • Type: micro-finance, equity, loan, angels, institutional investment • Social impact measurement & report • Impact: jobs, services, social capital, competition • methods: quantitative, qualitative

  8. How? • Role models, mentorship & Executive in residence • Drive • Creativity • Opportunity / networks • Business plan competition • Inter-disciplinary • Case discussion • Entrepreneurship process • Coaching, role play, internship • Practical, hands-on skills • Action learning

  9. By whom? • Universities & educational institutes • academic programs vs. action-learning • Inter-disciplinary learning • Kauffman campuses • educational consortia • Community organizations • Co-operatives • Political parties • NGOs • Youth Business Hong Kong • HKCSS • Cooperatives

  10. Training focus • Social entrepreneurs • Opportunity not resources • Think big (global) – think small (local) • Change the world • Financing • loans, equity, philanthropists • Recipients • Government, executives, investors

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