Social Entrepreneurship & Financial Sustainability

The first two dimensions of identifying the social need and defining the social mission refer to the static constraints. These constraints define the scope and boundaries of the social enterprises.

The behavioral characteristics of the social enterprises are determined on the basis of the congruence to the social mission context. The performance evaluation on the mission requires setting up the socio-economic metrics. This poses a big challenge for the social enterprises due to the lack of quantification, multiple causal attributes and varying perceptions regarding the creation of the social impact

The third dimension involves understanding the environmental dynamics faced by the social enterprises while targeting the low income segment.The environmental dynamics is determined on the basis of the understanding of the challenges pertaining to the environmental context, customer and competition

Hence social entrepreneurships face challenges in survival and professional skills are important for the entrepreneur and this course teaches the methods to be a good social enterpreneur.