Syndicate content

Social Enterprises

Blog post of the month: Where the glass ceiling is already smashed

Monique Villa's picture

Each month People, Spaces, Deliberation shares the blog post that generated the most interest and discussion. For September 2016, the featured blog post is "Where the glass ceiling is already smashed" by Monique Villa, CEO of Thomson Reuters Foundation and Founder of TrustLaw and Trust Women.

There is a growing sector where women are rising to the top, smashing through the glass ceiling as never before, and transforming the world with big ideas.

It’s called social entrepreneurship and it’s disrupting the traditional status quo, fostering innovation and developing sustainable business ideas to solve the world’s most pressing social problems.

From training rats to detect landmines, to offering micro-lending to Indian farmers, these entrepreneurs see success not just through financial returns, but also in terms of social impact. The ultimate business goal? To set up successful companies that improve the lives of underserved and marginalized communities. It’s not just about the balance sheet, but it’s not charity either.

A Thomson Reuters Foundation poll, conducted in partnership with Deutsche Bank, UnLtd, and the Global Social Entrepreneurship Network (GSEN) shows that women are embracing social entrepreneurship, especially across Asia.

According to our survey, 68 per cent of those polled across the world’s 44 biggest economies said women were well-represented in management roles within the industry. The Philippines ranked first as the country where women were most active in the sector, while Malaysia, China, Hong Kong, Indonesia and Thailand took five of the other top ten slots.
 

Where the glass ceiling is already smashed

Monique Villa's picture

There is a growing sector where women are rising to the top, smashing through the glass ceiling as never before, and transforming the world with big ideas.

It’s called social entrepreneurship and it’s disrupting the traditional status quo, fostering innovation and developing sustainable business ideas to solve the world’s most pressing social problems.

From training rats to detect landmines, to offering micro-lending to Indian farmers, these entrepreneurs see success not just through financial returns, but also in terms of social impact. The ultimate business goal? To set up successful companies that improve the lives of underserved and marginalized communities. It’s not just about the balance sheet, but it’s not charity either.

A Thomson Reuters Foundation poll, conducted in partnership with Deutsche Bank, UnLtd, and the Global Social Entrepreneurship Network (GSEN) shows that women are embracing social entrepreneurship, especially across Asia.

According to our survey, 68 per cent of those polled across the world’s 44 biggest economies said women were well-represented in management roles within the industry. The Philippines ranked first as the country where women were most active in the sector, while Malaysia, China, Hong Kong, Indonesia and Thailand took five of the other top ten slots.
 

Part 1: Five principles to behavior change: Why don’t they use these toilets?

Marta Milkowska's picture
They were simply not used. A few dozen toilets constructed in a small village in India worked well, except the villagers were not using them. Some conversations later, researchers discovered what had been overlooked during the planning phases: the morning open defecation practice was the only social activity for local women, otherwise spending all their time under the guardianship of their husbands. It was the highlight of their day, the time when they could freely talk, laugh, and gossip without the constraint of men and their day to day life.

To foster youth energy into social enterpreneurship in Egypt, government and international organizations are necessary

Rania Salah Seddik's picture

(c) World Bank GroupYoung Egyptians have an amazing potential that is not yet being utilized. We have a well-established business sector, but with the establishment and success comes an aversion to trying new things. To innovating. While the business sector has made incredible impact on my country, there are still gaps. Gaps in jobs and gaps in services that would allow our most marginalized citizens to escape poverty. This is where entrepreneurs, especially young ones, can help.

Getting beyond better: How the development community can leverage social enterprises to help the extreme poor

Natalia Agapitova's picture

The sustainable development goals (SDGs) set forth by the UN in September have boldly shaped the development agenda, and rightly so. Major problems still persist: the Global Monitoring Report forecasts that 700 million people remain living on less than $1.90 a day in 2015, marginalized populations lack necessary access to crucial services, and governments struggle to reach these ultra-poor communities living in remote corners of the world.

The expectation is that the market will provide the solution and the “Fortune at the Bottom of the Pyramid” did not materialize across a number of important sectors like health and nutrition, water and sanitation, education, and other services that have transformational effects on people’s lives. Without them, the world’s poorest cannot take advantage of economic opportunities and escape poverty.

Pitfalls and stumbling blocks: the challenge to being a social enterprise (part 2)

Dr. Shelly Batra's picture
Ask anyone who has started a social enterprise what their biggest challenge would be, and I bet they would mention something about a regulatory framework. As mentioned in my previous blog, government regulations can be tedious, burdensome, and difficult to wade through.

"Every time I see a problem, I create a social business to solve it"

Marta Milkowska's picture

(c) Marta Milkowska“Every time I see a problem, I create a social business to solve it,” renowned Nobel Prize laureate Muhammad Yunus said to an overflowing room at the World Bank Group’s Headquarters in Washington, DC this summer. “Set up a social business.”

“The poor are like Bonsai trees,” the founder of Grameen Bank explained, “When you plant the best seed of the tallest tree in a six-inch-deep flower pot, you get a perfect replica of the tallest tree, but it is only inches tall. There is nothing wrong with the seed you planted; only the soil-base you provided was inadequate. Poor people are bonsai people. There is nothing wrong with their seeds. Only society never gave them a base to grow on."

How to improve social enterprises so they can scale? eLearning

Alexandra Endara's picture

Earlier this year, we launched our eLearning course for social enterprises in January with a second installment in May. Social enterprises from across the globe – from places we didn’t even think we could reach – applied. So we began to wonder, who are these social enterprises? What are their models? What do they need most to reach the most marginalized populations? So I sat down with Charles Njemo Batumani and Arun Kumar Das, two social entrepreneurs who finished the first installment of our eLearning course in January to see what they’ve done, where they see their enterprises going and why eLearning was a way for them to improve their social enterprise. Charles is building affordable housing for low and middle income earners in Limbe, Cameroon while Arun is developing a natural plant product to combat malnutrition in Odisha, India.

Bridging the public-private divide to scale-up health solutions: the story of VillageReach

Elaine Tinsley's picture

After a day of discussions on how to scale social enterprise innovations to improve health outcomes during an event hosted by the World Bank Group’s (WBG) Innovation Labs and Health Global Practice on June 8th, one clear message emerged – public-private dialogue and collaboration, as well as collaboration between the public sector, the private sector and multilateral organizations such as the WBG is required to reach those living at the last mile.   

A prime example of this need  can be seen in a mobile phone health clinic program developed by VillageReach, a social enterprise working to provide access to quality health care to underserved communities through an integrated approach.


Pages