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Social Entrepreneurship: Critical Success Factors

Social Entrepreneurship: Critical Success Factors. Presentation by Bharat Damani Ph.D. student at CTARA, IIT Bombay RuTAG Workshop 12 th January 2012. Critical Success Factors. Objective Trigger for the enterprise Vision Mission Role of Stakeholders Identify all stakeholders

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Social Entrepreneurship: Critical Success Factors

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  1. Social Entrepreneurship: Critical Success Factors Presentation by Bharat Damani Ph.D. student at CTARA, IIT Bombay RuTAGWorkshop 12thJanuary 2012

  2. 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?

  3. 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

  4. 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

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