Social entrepreneurship issues

The social entrepreneurship is considered as activity by having the embedded purpose. There are several attempts, which define the social entrepreneurship. It is related to recognition of   social problems and usage of entrepreneurial principles. This is related to organizing, creating and managing the venture for making the social changes. The social entrepreneurship is more easily defined through the graphical representation see appendix. The social entrepreneurs are in the business world for several years. It is the global explosion and global connectivity, which has intense and increased the competition. This has increased the position and importance of the social entrepreneurs in business world.  There is enhancement of essential differences as the social entrepreneurs are seeking for the implementation of innovation and creativity through ideas, which solve the large scale social problems in sustainable way.  The social entrepreneurs also face the similar issues as the traditional business faces. The unique challenges are related to the delivering of values, social return and social impact (Sivathanu & V.Bhise, 2013).

Funding:

 The social entrepreneurs work for the profits and nonprofit organizations this remains in the middle of the traditional businesses and the charitable organizations.  It is fact that some of the social entrepreneurs are able to generate the profit, through the social beneficial goods and services. However, some of the companies are not showing the capability. The funding opportunities are based on the corporate investments, government funding and donations. Through individual donors, the funds are generated and this enhances the personal relationship by funding to the social ventures. The current system is based on the technology, metrics and transparency. The social ventures increase or worsen the financing situation through assessment risk, which give a unique nature of cultural and business resources issues to the investor network. The investor also shows the dependence on the comparable investment activities. This brings a valid opportunity and valuation levels. The activity is considered patchier in social venture markets as this demonstrates the clear trends and delivery on investor returns

Assignment 2 Social entrepreneurship issues By BAC Date: Social entrepreneurship issues Introduction: The social entrepreneurship is considered as activity by having the embedded purpose. There are several attempts, which define the social entrepreneurship. It is related to recognition of social problems and usage of entrepreneurial principles. This is related to organizing, creating and managing the venture for making the social changes. The social entrepreneurship is more easily defined through the graphical representation see appendix. The social entrepreneurs are in the business world for several years. It is the global explosion and global connectivity, which has intense and increased the competition. This has increased the position and importance of the social entrepreneurs in business world. There is enhancement of essential differences as the social entrepreneurs are seeking for the implementation of innovation and creativity through ideas, which solve the large scale social problems in sustainable way. The social entrepreneurs also face the similar issues as the traditional business faces. The unique challenges are related to the delivering of values, social return and social impact CITATION DrB13 \l 1033 (Sivathanu & V.Bhise, 2013). Funding: The social entrepreneurs work for the profits and nonprofit organizations this remains in the middle of the traditional businesses and the charitable organizations. It is fact that some of the social entrepreneurs are able to generate the profit, through the social beneficial goods and services. However, some of the companies are not showing the capability. The funding opportunities are based on the corporate investments, government funding and donations. Through individual donors, the funds are generated and this enhances the personal relationship by funding to the social ventures. The current system is based on the technology, metrics and transparency. The social ventures increase or worsen the financing situation through assessment risk, which give a unique nature of cultural and business resources issues to the investor network. The investor also shows the dependence on the comparable investment activities. This brings a valid opportunity and valuation levels. The activity is considered patchier in social venture markets as this demonstrates the clear trends and delivery on investor returns. This reduces the availability of capital in social ventures CITATION GEN15 \l 1033 (GHANIMEH, 2015). Communicating Value Objectively: More than the commercial values is delivered by the social enterprises. This is considered as the additional social value as compared to ignites the passions of social entrepreneurs. It is fact that social value is not measured easily as this bring the difficult regarding the communication about bottom line investors, donors and the organizations. Therefore, one must be remain objective to convince and make right decisions while moving the enterprise towards the goals. Ignoring effort: The social entrepreneurs most of the time are ignoring the innovative things and therefore, these are failed to be recognized. This is due to the lack of efficient leadership strategy, partners and the lack of trend of understanding based on the innovations. It is fact that, in developing countries, several of innovative ideas are remain un-heard and this is basic reason to the failure of the social entrepreneurship. Strategy and Long-Term Focus There is needed to make the identification related to the long-term strategy. This is remaining appropriate for the goals and it drives the sustainable growth. The difficulties are still stemming through the facts of purposes related to organization as this create the social benefits. Through multiple social benefits, generation means there is need of accomplishment of multiple goals. This can be evaluated and assess in terms of costs for the creation of value. There is need to identify a strong strategy along with unique value propositions. The comparison must be conducted and indicated which in reality the social entrepreneurs are not doing. The assigned tasks, activities and initiatives of the social enterprises must be in proper format as well as it must be re-enforcing in efficient manner CITATION Cle13 \l 1033 (Justis, 2013). Remaining True to the Mission: The establishment of good strategy is needed for the mitigation of mission creep. The companies are facing the problems; when the long terms goals are not targeted or planned because it is easy to fight fire but basic thing is continuity. The strategy is reviewed again and again when the social entrepreneur wants to improve the capability of the company. Sometimes, the social entrepreneurs change the mission of company, which is great hurdle because it confuse and dilute the organization's impact CITATION Nel13 \l 1033 (Edgington, 2013). Global operations: Due to the increase of technology and innovation, the world is becoming shorter. Therefore, the companies are focusing to be global. The companies socially work at different places and teams are showing the reflection on those works, lessons and findings. The team programs are managed through the technology whether those programs are spread in 3 continents or more than 6 countries. With the technology advantage, there is need to spend a lot of time and struggle a lot when the social entrepreneurs are coming up with these systems CITATION Pop10 \l 1033 (Poptech Social Innovation Fellows, 2010). Lack of ethical framework: It is hard to imagine about the social entrepreneur, which is having the perception that human rights and economical justice is not equal. Fir the elevation to individual, the attention is given to the social entrepreneurs which enhance the desire of direct activity which in other others is a way of being as compared to tool. The political advocacy and grassroots are to be used for advancing the human rights. Social innovation and Australia: Through the investment in the innovation activities is directly lead towards the social outcomes. This starts the growth continuity in Australia. The expenditures are conducted in the research and development department to increase the society. This process is started from 1992. Through analysis, it can be reveal that the annual expenditure related to R & D department by the companies of Australia increase the society six fold. The annual expenditure rate of growth is more than the actual growth of society. This is also higher in comparison of Government sector. The higher education and Government enhance up to 77% of total expenditure in social increase of society living CITATION ind12 \l 1033 (industry.gov.au, 2012). Bibliography BIBLIOGRAPHY Edgington, N. (2013). The Problem with Social Entrepreneurship. Retrieved november 26, 2015, from http://www.socialvelocity.net/2011/06/the-problem-with-social-entrepreneurship-guest-post/ GHANIMEH, G. (2015). Social Entrepreneurs Don't Have It Easy Raising Capital. Retrieved november 26, 2015, from http://www.entrepreneur.com/article/242206 industry.gov.au. (2012). PUBLIC SECTOR AND SOCIAL INNOVATION. Retrieved november 26, 2015, from http://www.industry.gov.au/Office-of-the-Chief-Economist/Publications/Policy/AustralianInnovationSystemReport/AISR2011/chapter-5-public-sector-and-social-innovation/social-innovation-in-australia/index.html Justis, C. T. (2013). Current Issues in social entreprenuership: finding and financing . Retrieved november 26, 2015, from http://www.potrerogroup.com/papers_downloads/Current_Issues.pdf Poptech Social Innovation Fellows. (2010). Can You Help Solve These Social Entrepreneurs’ Challenges? Retrieved november 26, 2015, from https://hbr.org/2010/10/can-you-help-solve-these-socia Sivathanu, D. B., & V.Bhise, D. P. (2013). Challenges For Social Entrepreneurship . Retrieved november 26, 2015, from http://www.ijaiem.org/RATMIG-2013/MGT%2025%20Challenges%20for%20Social%20Entrepreneurship.pdf Appendix: -2190755400675

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