True to its name, this book is a nice little toolkit you should keep in your office as a reference book. It starts off - as any good book should - with definitions. What is social entrepreneurship? What makes an enterprise a social enterprise? Then it moves on to setting the foundations for your social enterprise, defining your operations, reaching out to your customers, and ends with some suggested further reading in the appendix.
What I love about this book is that it's a practical, actionable book. Not just page after page of theories, but a good mix of good explanatory paragraphs and process charts and diagrams you can actually apply to your own operations.
In true schoolbook fashion, it's also got a system showing you the best way to absorb what the book has to teach you. It has little symbols identifying key texts/sections in the book as:
- Core concept
- Tool of the trade
- Practical tip
- Reality check
- Gem of wisdom
- Red flag
- Action step
- Concept check
THE VERDICT
Does it actually work? Well, only time will tell. Reading it is one thing, but applying it to real-world situations is another. So I'll have to wait and see.
However, as far as theory is concerned, it did clarify a lot of things in my head. I'm currently drafting some planning sessions for the staff in my NGO and already this book has given me loads of ideas and diagrams to use when facilitating the sessions.
If, like me, you are a lover of diagrams and terms like "mission drift", "discovery driven planning" or "disruptive innovations"... then you will love this book as well!
HERE'S A PEEK AT THE TABLE OF CONTENTS
Chapter 1: Social Entrepreneurship
What is social entrepreneurship?
What makes an enterprise a social enterprise?
Why social entrepreneurship is important to you?
Factors leading to entrepreneurial success
Chapter 2: Defining Your Mission
Mission as the entrepreneur's most useful tool
How to define your organization's mission
Chapter 3: Recognizing and Assessing New Opportunities
Opportunity recognition is a skill, not a character trait
Always on the lookout
The value of a strategic plan
Assessing opportunities
Windows of opportunity
Chapter 4: Mobilizing Resources
It's not just about the money
Assess your resource needs - entrepreneurially
Ten tips for reducing your initial cash needs
Develop your resource mobilization strategy
Chapter 5: The Accountable Social Entrepreneur
Defining accountability an understanding its dimensions
The rationale for being an accountable social entrepreneur: Why bother?
The accountability trap: feeling accountable to all, being accountable to none
Making accountability work for you: moving from concept to action
On stubbing your toe: possible implications of being accountable
The six steps to meaningful accountability
Chapter 6: Understanding Risk: The Social Entrepreneur, and Risk Management
What does "risk" really mean?
The art of calculated risk taking
Understanding risk, reward, and the reason we're playing the game
Understanding your options: strategies for managing risks
The potential costs of risk-reduction strategies... a word of acution
Learning from your mistakes
Chapter 7: Mastering the Art of Innovation
What is innovation?
Where to look for innovative opportunities
Balancing tensions in the innovation process
Managing the resistance to innovation
Creating an innovative, adaptive enterprise
Chapter 8: Understanding and Attracting Your "Customers"
Identifying your customers
Understanding your customers' needs and wants
Creating a winning value proposition
Pricing your product, service, and mission
Chapter 9: Financial Management
The only five financial reports you'll ever need
The basics of financial management
Keeping track of it all (cost accounting)
The price of success (isn't terribly high)
Chapter 10: Planning for the Social Enterprise
Business planning: why?
Business planning: how?
Business planning: whatever the purpose, no matter what the scope, it works
Business plan for the social enterprise: the document
Comparing a social enterprise plan with a traditional business plan
Enterprising Nonprofits: A Toolkit for Social Entrepreneurs is available on Amazon.Com.