Assignment - Compare Ashoka & UnLtd

The assignment for this week will be for you to read through two websites of organizations supporting social entrepreneurs: ashoka.org and unltd.org.uk. As you will see the two organizations differ in who they consider to be social entrepreneurs. Realizing that there is no “right” or “wrong” answer, your assignment for Saturday is to select one of the two organizations and to argue for why you prefer their interpretation of who is a social entrepreneur.

My answer:

Broadly speaking, both the organizations, consider social entrepreneurs as change makers (people who bring change in the society). After going through the Ashoka's website and listening to what Rebecca Altman said in the interview, I would prefer Ashoka's interpretation about social entrepreneurs. Apart from social impact, following are some points (which, I think, are really important to be a successful social entrepreneur) that Ashoka considers while looking at social entrepreneurs:

1. Innovation: It is important for social entrepreneurs being innovative as that helps to bring change in the system. And innovations in business minimizes financial capital required.

2. Creativity: It is important for entrepreneurs to be creative and have a vision of the bigger and better idea.

3. Persistence: When you are in business, you are more sure to face problems, but it's your passion and persistence that helps you to face and come out of these situations.

4. Ethical Fiber: I think this is really important. As a social entrepreneur, change in the system is what your ultimate goal is and this is the only thing that brings satisfaction to you. Social entrepreneurs strive purely to bring social change and that's what make them different from traditional entrepreneurs.

Peer feedback:

Peer 1 → [This area was left blank by the evaluator.]
Peer 2 → [This area was left blank by the evaluator.]
Peer 3 → Well reasoned
Peer 4 → You have many good points in your contribution. However, it would be important to highlight that a very large percentage of Ashoka's projects are replicated other places and the original innovators to go further with new innovations.

Effective grade is 2.5/3.

This blog post is based on my learnings from the course on ‘social entrepreneurship’ offered by Copenhagen Business School through Coursera (2014).

Comments