For your final assignment, you will review a series of articles and videos that share details and examples of social impact in action and the characteristics and strategy to launch a successful social entrepreneurship. Please review all the resources and then provide a detailed essay. Please note each prompt sets forth the required word minimum and maximum respectively. You will see that the final prompt requires between 1,000 and 1,250 words, while the earlier prompts are between 100-250 words.
1. ARTICLE: The Innovation Sandbox
To achieve breakthrough innovation, social entrepreneurs need to build a new capability by immersing themselves in the lives of their target market, accepting constraints, and collaborating with others.
K. Prahalad, “The Innovation Sandbox,” Strategy + Business, special issue, Autumn 2007.
LINK: www.strategy-business.com/article/06306?gko=caeb6 Links to an external site.
VIDEO: Aravind Eye Institute (6 min)
Today Aravind is the largest and most productive eye care facility in the world. Taking its compassionate services to the doorstep of rural India, Aravind’s stunningly effective strategies vaulted barriers of distance, poverty and ignorance to create a self-sustaining system that now treats over 1.7 million patients each year, two-thirds of them for free.
www.youtube.com/watch?gl=US&hl=hi&v=3cjnNPua7Ag Links to an external site.
ARTICLE: Rediscovering Social Innovation
Social entrepreneurship and social enterprise are popular rallying points for those trying to improve the world. The authors make the case that “social innovation” is a better framework for changemaking. They also explain why most of today’s innovative social solutions cut across the traditional boundaries separating nonprofits, government, and for-profit businesses. James Phills, Jr., Kriss Deiglmeier, and Dale Miller, “Rediscovering Social Innovation” Stanford Social Innovation Review, Fall 2008,
LINK: www.ssireview.org/articles/entry/rediscovering_social_innovation/ Links to an external site.