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Home » Entrepreneurship » Entrepreneurship

Entrepreneurial Spirit

Source: www.exinfm.com
Topic: Entrepreneurship

Sort Desciption: Does the organization have a social entrepreneurship team? ... Social Entrepreneurship Readiness Checklist. Dont. Area. Readiness Item ...

Content Inside: Nonpr ofit W orld V ol. 19 No. 6 12 o serve people at the high- est level you must be a social entrepreneur willing to take risks to serve people better. Social entrepreneurs have these characteristics: They are constantly looking for new ways to serve their constit- uencies and add value to existing services. They understand that all resource allocations are really stewardship investments. They weigh the social and financial return of each of these invest- ments. They always keep mission first but they know that they also need money; without it there is no mission output. They are willing to take reason- able risk on behalf of the people their organization serves. Talk through these characteris- tics with your key staff and board. Focus particularly on two ideas: that expenditures are really investments and that risk is a good thing. It is vital to have widespread acceptance of these two concepts if your organiza- tion is to become and remain entre- preneurial. ENTREPRENEURIAL spirit Figure 1. Social Entrepreneurship Self-Assessment Yes No Has the organization investigated (or is it currently pursuing) nontraditional business activities to supplement income? 3 0 Does the organization weigh the mission return and the financial return of every investment (and view expenditures as investments)? 3 0 Have the staff and board identified the organizations core competencies? 3 2 Is the organization constantly looking for ways to match these competencies with the markets wants? 5 1 Does the organization have a list of criteria for new service ideas? 3 1 Does the organization have a social entrepreneurship team? 3 0 Are program options or change opportunities free of restriction from facilities or debt you already have? 2 2 Are the concerns of staff and service recipients acknowledged and addressed when change is initiated? 2 0 Are core values and the mission statement discussed when changes are considered? 2 3 Have you discussed with board and staff the o ...

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