Midterm Exam Flashcards
(33 cards)
Altruism
The unselfish concern for others
(The idea that a human being can somehow get outside of his or her own self-centered motives by genuinely caring and acting on behalf of others)
-a fantasy in regards to social change
Benefit corporation
a traditional corporation with modified obligations committing it to higher standards of purpose, accountability and transparency
Changemaker
“Someone who is taking creative action to solve a social problem.”
- Intentional about solving a social problem
- Motivated to act
- Creative
Conferred dominance
a form of privilege that gives one group power over another
Dunning-Kruger effect
“relatively unskilled persons suffer illusory superiority, mistakenly assessing their ability to be much higher than it really is.”
- We often think the problems we know less about are easier to solve.
- Why do we focus outside? If we focus on problems we have lived or that are closer to home, we might have to admit our failures to address them.
Gentrification
- the process of renovating and improving a house or district so that it conforms to middle-class taste.
- “an area undergoing rapid gentrification”
○ the process of making a person or activity more refined or polite.
Heropreneur
- A founder who is greatly admired, as if a hero, and viewed as the main actor in social progress
- A person who starts an organization and who overemphasizes their role as founder, overshadowing beams, collective impact, and building upon the ideas of others
Impact Investing
A form of investment funding that is usually funded by a group of social venture capitalists or an impact investor to provide seed-funding investment, in return to achieve a reasonable gain in financial return while delivering social impact to the community/world
Neoliberalism
“A theory of political economic practices that proposes that human well-being can best be advanced by liberating individual entrepreneurial freedoms and skills within and institutional framework characterized by strong property rights, free markets, and free trade.”
The cultural consequences of neoliberalism:
“it has ushered a new age of responsibility, in which responsibility -which once meant the moral duty to help and support others- has come to suggest an obligation to be self-sufficient.”
Parity
state or condition of being equal; need to get involved and feel others’ pain
Philanthrocapitalists
- “Hyperagents” who have the capacity to do some essential things far better than anyone else.
- See a world full of big problems that they, and perhaps only they, can and must put right
- Difference with savior mentality puts this title on someone else
Privilege
“Privilege exists when one group has something of value that is denied to others simply because of the groups they belong to, rather than because of anything they have done or failed to do”
- Unearned advantage
- Conferred dominance
Prototypical savior
A person who has been raised in privilege and taught implicitly or explicitly (or both) that they posses the answers and skills needed to rescue others, no matter the situation
Psychological Safety
‘‘shared belief held by members of a team that the team is safe for interpersonal risk-taking.’’
‘‘a sense of confidence that the team will not embarrass, reject or punish someone for speaking up,’’
‘It describes a team climate characterized by interpersonal trust and mutual respect in which people are comfortable being themselves.’’
Social enterprise
An organization that applies commercial strategies to maximize improvements in financial, social and environmental well-being.
It’s main purpose is to promote, encourage, and make social change.
They can be for-profit or non-profit
Social innovation
“A novel solution to a social problem that is more effective, efficient, sustainable, or just than existing solutions and for which the value accrues primarily to society as a whole rather than private individuals”
Systems-led strategy
Making decisions about your personal or organizational social impact strategy based on understanding the systems within which you work and then envisioning wider system change goals (goals you know you can’t achieve alone but which help guide your actions so that those actions connect with, build upon, and contribute to the wider impact of the collective)
Triple bottom line
An accounting framework that measures performance based on 3 elements:
- Financial profit or loss
- Social Impact
- Environmental Impact
Charity
The voluntary giving of help, typically in the form of money, to those in need.
- often an expression of a belief that current injustices will continue forever.
- a “moral safety valve” that means more fundamental change cannot occur
- Christian Charity emphasizes the intent and purity of the giver above notions of efficacy on actual social change
Poverty of means
the scarcity of an action or system required to change an undesirable situation
Scarcity
the fundamental nonexistence of something that’s desperately needed.
An absence where there should be presence.
Experiential Learning Cycle:
- direct experience
- reflecting on experience
- insight from experience
- application
External and Internal locus of control
How we perceive control in our lives
- External Locus of Control: Our successes or failures are a result of factors outside of our control
- Internal Locus of Control: Anything that happens to us (success or failure) is a result of our own efforts.
Failure
Lack of success The action or state of not functioning State or condition of not meeting a desirable or intended objective *Data *Insight *Opportunity -Fail Forward Strategies
