SEE Core Lecture 7 Slides Scaling impact CVS Flashcards

1
Q

What is a social enterprise and how is its dominant
logic different to that of an enterprise with a for-profit motive?

A

1) It focusses on achieving wider social, environmental, or community objectives
2) It is motivated by the dual mission to achieve economic and societal value creation

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2
Q

What is a social enterprise and how is its dominant
logic different to that of an enterprise with a for-profit motive? (Based on barriers)

A

1) They will encounter a more complex array of barriers to growth
2) They face barriers to achieving financial sustainability as well as barriers to creating social value

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3
Q

What is the difference between scaling up and scaling out?

A

Scaling up: A greater number of users receive the same type of benefit
Scaling out: Widening the types or scope of impacts

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4
Q

What are the barriers to social enterprise growth?

A

Value based barriers:
Ethical value differences
Growth philosophy
Ethical principles

Business model barriers:
Access to finance
Access to human capital
Identify authentication

Institutional barriers:
Consumer culture
Business norms

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5
Q

What are the responses to the barriers?

A

1) Value-based decision making
2) Leveraging social mission
3) Leveraging social mission

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6
Q

Which business model is easier to scale?

A

Business model with a higher ability to capture economic value

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7
Q

Which business model is harder to scale?

A

Business model with less ability to capture economic value (positive externalities)

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8
Q

Which challenges did Hynes identified from his research?

A

1) Access to finance
2) Communicating the benefits and impact
3) A lack of understanding of the concept of a social enterprise by financial and non-financial stakeholders and the general public
4) Pricing and services
5) Recruiting and retaining staff
6) Personal issues

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