Social Entrepreneurship
August 10th, 2010 | 
Author: “SOCIAL ENTREPRENEURSHIP"
BY
YESHWANT G. TRASI
FREELANCE U.N. DEVELOPMENT JOURNALIST
Long shunned by Economists, whose interests have gravitated toward market-based, price-driven models that submit more readily to data-driven interpretation, entrepreneurship has experienced something of a renaissance of interest in recent years. Any definition of the term “Social Entrepreneurship” must start with the word “Entrepreneurship”. The word “Social” simply modifies Entrepreneurship. If Entrepreneurship doesn’t have a clear meaning, then modifying it with Social won’t accomplish much, either.
Social Entrepreneurship is as vital to the progress of societies as is Entrepreneurship to the progress of economies; and Social Entrepreneurship merits more rigorous and serious attention than it has attracted so far. The Social Entrepreneurship should be understood as someone who targets an unfortunate but stable equilibrium that causes the neglect, marginalization, or suffering of a segment of humanity; who brings to bear on this situation his or her inspiration, direct action, creativity, courage, and fortitude; and who aims for and ultimately affects the establishment of a new stable equilibrium that secures permanent benefit for the targeted group and society at large. But interest in Social Entrepreneurship transcends the phenomenon of popularity and fascination with people. Social Entrepreneurship signals the imperative to drive social change, and it is that potential pay off, with its lasting, transformational benefit to society, that sets the field and its practitioners apart.
(The Writer is a Certified Management Consultant (CMC) & Managing Consultant, Management Development Systems Consultants (MDSC), Bangalore, India. He is also a Freelance U.N. Development Journalist and Communications & Social Marketing Consultant, U.N.Global Compact).
Being a Professional Certified Management Consultant (CMC), I am inducted as the Vice President, Business Development – India & Entire Asia, Wakabayashi Fund LLC, Tokyo, Japan. I have been awarded The Board of Standards of the American Academy of Financial Management's MFP Certification & inducted as an Honorary Global Advisory Board Member of AAFM., and Advisor / Consultant of the International Executive Forum of Coleman Research Group, Inc; USA, as also a registered Member of Wall Street, USA’s Business Networking Group of Specialist & Professionals. I am totally focused on our forte of International JV, M&A, Private Equity-Debt/ Venture Capital and Strategic Transactions. I work towards understanding the Investment, philosophy parameters & preferences of each Investor so as to add value in identifying and narrowing down probable Investment targets. The undersigned has multi- faceted hands-on MNC’s senior management and Board’s cumulative work experience of 42 years inclusive of 15 years of Management Consultancy, providing broader and more holistic view of the interplay between strategies to execution in various functional disciplines of Businesses.I am United Nations Global Compact’s “Communication and Social Marketing” Consultant., besides being an Accredited Freelance Development Journalist since 1987 and an “Editorial Contributor/ Writer” for U.N. Development Busines.
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