Exploring Administration, Management, and Entrepreneurship

1. Administration, Management and Entrepreneurship The Evergreen State College Nelson Pizarro Faculty Member January 30, 2007

2. Agenda • Define administration • Define management • Define entrepreneurship & social entrepreneurship • See historical examples of leading social entrepreneurs • Impact of social entrepreneurs • Analyze the life cycle of a social entrepreneur • See the criteria used to fund social entrepreneurs • Watch a movie about a social entrepreneur

3. Administration • Developing and maintaining procedures • It focus its attention • on the organizational structure • on what is necessary to sustain it • Procedures • Systems and Structures • Communication Channels

4. Management • “To manage is to forecast and plan, to organize, to command, to coordinate and to control” – Henri Fayol (1916)

5. Entrepreneurs • Someone who “undertakes,” a significant project or activity • Stimulated economic progress by finding new and better ways of doing things

6. Entrepreneurs • “The entrepreneur shifts economic resources out of an area of lower and into an area of higher productivity and greater yield.” – Jean Baptiste Say

7. Entrepreneurs • “The innovators who drive the creative-destructive process of capitalism.” - Joseph Schumpeter

8. Entrepreneurs • “The entrepreneur always searches for change, respond to it, and exploit it as an opportunity.” - Peter Drucker

9. Entrepreneurship • “The pursuit of opportunity without regard to resources currently control.” Howard Stevenson

10. Entrepreneurship • “The ‘E’ process will create a better world. It is not just about new companies, capital, and job formation, nor is only about innovation, creativity and breakthroughs. It is also about fostering an ingenious human spirit and improving mankind.” - Professor Jeffrey Timmons

11. Social Entrepreneurs “A social entrepreneur finds what is not working and solves the problem by changing the system, spreading the solution and persuading entire societies to take new leaps. He or she is not content just to give a fish or teach how to fish. They will not rest until they have revolutionized the entire fishing industry.” - Bill Drayton, CEO, chair and founder of Ashoka

12. Social Entrepreneurs • Adopt a mission to create and sustain social value • Recognize and relentlessly pursuit new opportunities to serve that mission • Engage in a process of continuous innovation, adaptation, and learning • Act boldly without being limited by resources currently in hand, and • Exhibit heightened accountability to the constituencies served and for the outcomes created. -J. Gregory Dees

13. Jane Addams (U.S) • Founded Hull-House in 1889 • Settlement in an immigrant neighborhood in Chicago • Expanded her efforts nationally • Advocate of women's rights, pacifism and internationalism • President of the WILPF • Work resulted in legislation for women and children.

14. Maria Montessori (Italy) • The first female physician • Began working with children in 1906 • Created the Montessori to early childhood education

15. Muhammad Yunus (Bangladesh) • Founded the Grameen Bank, or "village bank" in Bangladesh in 1976 to offer "micro loans" to help impoverished people attain economic self-sufficiency through self-employment, a model that has been replicated in 58 countries around the world.

16. Idea Impact Muhammad Yunus • Services over 3.7 million clients • 96% of loans are given to women • These women own 93% of the bank • Lent over 4 billion in collateral-free loans • Repayment rates of 98.6% • Over 120 partners in 40 countries in Grameen Global Network Founder of the Grameen Bank, a micro credit bank for the poor and global movement to eradicate poverty. microfinance

17. Fabio Rosa • Rio Grande do Sul, Brazil: over half of the population did not have electricity Fabio Rosa promoted the use of technology that would provide cheap electricity and water to thousands of poor rural families in Brazil. Impact • Cut rural electrification costs 70-80% • Idea spread to Argentina, Paraguay, Uruguay and South Africa • Over 1 million people in 4 countries now with electricity • Urban migration reversed in areas served

18. The Life Cycle of a Social Entrepreneur A S H O K A High Millions of beneficiaries Apprenticeship Concept, launch of first pilot project Success and development Global impact Studies the field and gains entrepreneurial skills Envisages and creates a pilot for an innovative solution to a social problem Social Impact Spreads solution until it becomes a reference point in the field, on a national or international level Thinks and acts globally, making their best ideas accessible worldwide Low Potential impact not yet achieved 5-10 years Mature

19. Criteria used to fund social entrepreneurs How is the idea different from what is already out there? Is it truly a transformational innovation for social change? Is the person really creative, both in outlook and in problem solving? How creatively does the person approach opportunities and obstacles? Is the person so passionate about her/his vision that she/he will not rest until the vision becomes a new pattern in society? Does the project have the potential to make changes at the national level and/or beyond? How many people will be affected by this project? Is the entrepreneur totally honest? Is her/his motivation deeply rooted in a commitment to serve others? New Idea Creativity Entrepreneurial Quality Social impact Ethical Fiber

20. Questions?