Term
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Definition
-Mission Driven
-Operate under non-distribution constraint
-creative and adaptive to local conditions
-often shaped by values and faith
-responds to board, community, donors, and public
CHALLENGES:
Potentially ambiguous mission (lack of focus).
Capital constrained.
Often unable to scale.
Third party payers: weak accountability, poor services. |
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Term
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Definition
-practical dreamer, takes problems into their own hands instead of relying on institutions or govt.
-Both evolutionary and revolutionary
-searches for new ways to solve problems |
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Term
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Definition
-Mission and Money are balanced
-Goal: create sustainable and possibly solutions to world problems
CRITERIA:
Innovation
Financial Sustainability
Scale |
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Term
| Traits of For-Profit Social Enterprise |
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Definition
-Risk Taking
-Innovative
-Growth oriented
-Access to capital
-Big emphasis on replication and scale |
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Term
| traits of Non-Profit Social Enterprise |
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Definition
-Accountable
-Emphasis on collaboration
-Multiple impact measures
-Accountability to more stakeholders |
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Term
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Definition
-For-profit social enterprise.
-discarded husks are into biogas which gives rural homes electricity |
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Term
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Definition
-Mini premature infant warmer
-Revenue-earning Non-profit: Sell product at a low-cost to sustain manufacturing and dissemination costs |
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Term
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Definition
-For-profit social enterprise
-laser system that punches holes in tubing to create affordable drip irrigation systems |
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Term
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Definition
-Pay per use toilets in Africa
- For-profit social enterprise. Investments and
revenue from power plant go back into
community for training maintenance |
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Term
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Definition
-Increase effectiveness of Org.
-Drives competition
-creates accountability |
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Term
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Definition
-"Set of Claims" about how organization operates
-Shows logical relationships
-Tells story of organization and explains why it exists
-Guides implementation
-Improves internal alignment/commitment |
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Term
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Definition
What an organization needs to do its work (facilities, staff,
volunteers, grants, etc. |
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Term
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Definition
| The work that is done in an organization’s main programs |
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Term
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Definition
| : Units of production (number of hours of service delivered, number of clients served, etc.) |
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Term
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Definition
What happens to clients (new skills gained, milestones
reached: short, medium, and long term |
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Term
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Definition
| ULTIMATE result of achieving mission |
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Term
| How to use a Competitive Matrix |
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Definition
-see if idea is possible
-show uniqueness of product
-present to investors |
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Term
| Steps for creating competitive matrix |
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Definition
1-Determine market
2-Determine customer
3-Determine geography |
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Term
| For-Profit Social Organization |
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Definition
-The product or service being sold triggers the social or environmental change.
-Product is often of higher quality.
-Social impact is intrinsically tied to the business proposition..
-Easier to scale.
-Attracts high-quality employees.
CHALLENGES
-Must quantify their financial results AND their social impact.
-No guarantee that social mission will be preserved as company grows.
-Potential perceived bias.
-Financial model limits types of customers and products/services
EXAMPLES:
-Newman's Own
-Two Degrees bar |
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Term
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Definition
Structure binds a for profit and non-profit
EXAMPLES:
-Mozilla Firefox
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Term
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Definition
Low-profit, Limited Liability Company
- Hybrid organization that facilitates investments in socially beneficial, for-profit ventures |
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Term
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Definition
| Use the power of business to solve social and environmental problems |
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Term
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Definition
-What can go wrong? (magnitude)
-What is the (likelihood) that it would go wrong?
-What are the consequences/what's at stake? |
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Term
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Definition
-What can be done and what options are available?
-What are the associated tradeoffs in terms of costs, benefits and risks?
-What are the impacts of current management decisions on future options? |
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Term
| What are the three types of Risk? |
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Definition
-Known
-Unknown
-Unknowable |
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Term
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Definition
-Natural disasters
-Known risks have happened before and therefore can be measured and managed |
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Term
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Definition
-Risks where there are several competing
plausible models of how reality might unfold, but no accepted paradigm.
-Ex) Terrorism, Climate Change |
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Term
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Definition
| -Risks that have never emerged before |
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Term
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Definition
Strengths
Weaknesses
Opportunity
Threats |
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Term
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Definition
Risk
Type
Magnitude
Liklihood
Solution |
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Term
| theory approach logic model |
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Definition
| focuses on the problem and reason for solution, makes assumptions, focuses on big ideas instead of details |
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Term
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Definition
| displays relationships between activities and outcomes, emphasizes intended results |
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Term
| Activities Approach Model |
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Definition
| displays relationships between activities and outcomes, emphasizes intended results |
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Term
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Definition
| Funded mainly by individual donations; cause that resonates with many people, not one specific group (ex: Susan G. Komen) |
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Term
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Definition
| reimbursed for services but rely on donations given from people benefitting from their services(ex: hospitals and schools. Schools getting money from alumni) |
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Term
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Definition
| Get individual donations from a group by supporting services they already seek, don’t take other funding so loyal to cause (ex: religion, environment, arts, culture, humanities. National Wild Turkey Federation.) |
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Term
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Definition
| relies on donations from one or a few individuals or organizations. All money from one donor (ex: medical research, environmental issues) |
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Term
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Definition
| Does the governments job. gets funding from the government on issues the government has already found to be important and funded; strictly funded, must follow guidelines(ex:foster care) |
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Term
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Definition
| Gets government funds for a new approach to an old problem or a problem that was previously not seen as government’s responsibility |
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Term
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Definition
| beneficiaries decide how to spend the government benefit(ex: housing, employment services, health care, student loans) |
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Term
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Definition
| function by receiving in-kind (actual product, not just money) donations from corporations and individuals and then distributing these to needy recipients (ex: food bank) |
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Term
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Definition
| get donations out of altruism and self-interest, unlawful for for-profit to do(ex: organ donation) |
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Term
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Definition
| gets most money from local sources, established in many places and replicable(ex: Big Brothers Big Sisters) |
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Term
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Definition
-peoples likes/dislikes and lifestyle habits.
-harder to figure out |
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Term
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Definition
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Term
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Definition
| Any data that describes how well the org. is doing. |
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Term
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Definition
-Product: brand, warranty, tech support etc.
-Place: different channels (indirect vs. direct)
-Promotion: message is critical (rational, emotional, moral)
-price
-Public: who to serve. |
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