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Emerging Trends in Social Sector

Entrepreneurship is gaining significance as societies and countries slowly realise the importance of small businesses and start-ups in the robust development of economies. Meanwhile, entrepreneurship is essential in defining career paths as young people seek better rewards in exciting and creative roles than conventional and staid ones.

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Emerging Trends in Social Sector

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  1. EMERGING TRENDS IN SOCIAL ENTREPRENEURSHIP DEVELOPMENT

  2. Table of Contents What is Entrepreneurship? 01 How do Social Entrepreneurs play the role of Change Agents? 02 What are a few Emerging Trends in Social Entrepreneurship Development? Oorja Sustainable Solutions LLP 03 04 DigiSwastya Foundation 05

  3. What is Entrepreneurship?

  4. Entrepreneurship is gaining significance as societies and countries slowly realise the importance of small businesses and start-ups in the robust development of economies. Meanwhile, entrepreneurship is essential in defining career paths as young people seek better rewards in exciting and creative roles than conventional and staid ones. Karn Singh, PGP-DM Batch of 2018-19 Founder of Oorja Sustainable Solutions LLP

  5. How do Social Entrepreneurs play the role of Change Agents?

  6. Gregory Dees, who is known as the ‘Father of Social Entrepreneurship Education’, states that social entrepreneurs act as change agents by: Wardiere Inc. The innovative and blended approach adopted towards management creates value for the community and the organisation, crucial in social entrepreneurship.

  7. What are a few Emerging Trends in Social Entrepreneurship Development?

  8. The ethos of social entrepreneurs lies in the social challenge they seek to solve with their venture. It also provides a lens for how they look at opportunities. Some emerging trends in social entrepreneurship look like

  9. 01 02 03 04 Public-Private Community Partnerships Social innovation encourages a blend of efforts from three parties - social purpose organisations (SPOs), the government, and the community, working together to fulfil societal needs. Creating Shared Value Social entrepreneurs look at functioning in a framework to maximise economic growth in conjunction with social progress. Increased Impact Investing The focus for social entrepreneurs here is to provide funding to sectors such as healthcare, education, conservation, renewable energy, etc. Promise of Technology Adoption Social entrepreneurship will increasingly need to appreciate the value that technology could bring to social change with proper training and empowerment. When the sector boundaries blur, the aspiring social entrepreneur needs to keep up to date and sync with these new trends. The rapid rise of social entrepreneurship assumes crucial dimensions that offer different thought processes.

  10. Oorja Sustainable Solutions LLP

  11. "During the second pandemic wave, they were at the forefront of COVID-19 response measures in Chandigarh, Punjab and Haryana, distributing ration kits, medicines, and support in providing medical concentrators and cylinders." care equipment and oxygen - Karn Singh, PGP-DM Batch of 2018-19 Founder of Oorja Sustainable Solutions LLP

  12. DigiSwastya Foundation

  13. "Sandeep platform DigiSwastya Foundation aims to bridge the gap between patients and doctors through online consultations through smartphones and other electronic devices." Kumar’s innovative telemedicine - Sandeep Kumar, PGP-DM Batch of 2020-21 Co-founder of DigiSwastya Foundation

  14. The above mentioned founders are graduates from ISDM in PGP-DM, that establishes and strengthens the leadership skills and urges development professionals like Karn and Sandeep to think outside the box through tailored courses on Strategic Innovation of Social Change. The Post Graduate Program in Development Management offered by ISDM will ensure you have the knowledge, tools, and skills to help create a profound impact in the social sector.

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