SEE core Lecture 7 - case insights

Question 1

What was the core idea of the business model of TOMS?

Answer 1

Being a for-profit shoe company that used “giving” as its business model.

Question 2

How does TOMS one for one work?

Answer 2

When someone purchases a shoe another shoe will be given to someone in need.

Question 3

What is the idea of northwest center?

Answer 3

To include people with disabilities into society through giving them a job.

Question 4

What are the 4 stages of effective social entrepreneurship according to Sally Osberg?

Answer 4

1) Understanding the system you want to change (actors, forces, etc)
2) Envisioning a new future
3) Building a model for change
4) Scaling the solution

Question 5

What are scaling challenges according to Sally Osberg?

Answer 5

1) Talent challenges (having the right people at the right time)
2) Financial resource challenges (getting the financial support)
3) Governing challenges (building the right board for the enterprise)

Question 6

What are the skills that social entrepreneurs need according to Sally Osberg?

Answer 6

1) Good listeners
2) Courageous
3) Innovative
4) Ambition for change