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CSR & SocEnt
Shared principles and
 common strategies

     CSR in Action
     April 1st, 2013
Agenda

     Introduction

     Leadership and success re-defined

     Strategic approach to CSR

     Case study: Bain and Booz

     Appendix


@CandC4aCause            2
                                   © 2012 Consult and Coach for a Cause FZ LLE
                                                           All Rights Reserved
INTRODUCTION



        C3 in a nutshell

                     C3 is a social enterprise
               MOBILIZING corporate professionals to
                SUPPORT SOCIAL ENTREPRENEURS
                        on volunteer basis
                130+ volunteers           100+ soc ent supported
               Network of partners            Word of mouth
                   1st Social Enterprise Week in the Region

                             IN ONE YEAR!

     @CandC4aCause                    3
                                                  © 2012 Consult and Coach for a Cause FZ LLE
                                                                          All Rights Reserved
INTRODUCTION



        C3 vision and mission



             Maximize     Maximize            UNLOCK the
           Social Impact Performance           potential of
                                           SOCIAL VENTURES
                                             and help them
                SOCIAL MISSION              MAXIMIZE their
               BUSINESS KNOW-HOW             IMPACT on the
                                               community
                  IMPACT
     @CandC4aCause                     4
                                             © 2012 Consult and Coach for a Cause FZ LLE
                                                                     All Rights Reserved
INTRODUCTION



        What’s next




               MEMBERSHIP             Social Impact
                 PROGRAM           EXPERTS NETWORK
                 for Social           for SMEs and
               Entrepreneurs          CSR Divisions


     @CandC4aCause             5
                                      © 2012 Consult and Coach for a Cause FZ LLE
                                                              All Rights Reserved
LEADERSHIP AND SUCCESS RE-DEFINED



         Leadership and success redefined




            'I want to work for a    ‘Businessmen who           ‘Business benefits 0f      ‘The most powerful
                company that        focus on profits wind       [social responsibility]   and enduring brands
            contributes to and is     up in the hole. For       are hard measures of         are built from the
                 part of the          me, profit is what         growth and margin        heart. The companies
             community. I want       happens when you            improvement. It’s a        that are lasting are
            some-thing I believe     do everything else              no-brainer. ’             those that are
                     in.‘                    right.’                                             authentic’

             ANITA RODDICK,         YVON CHOUINARD                PAUL POLMAN             HOWARD SCHULTZ
                 Founder                Founder                       CEO                       CEO
              The Body Shop            Patagonia                    Unilever                 Starbucks



     @CandC4aCause                                          6
                                                                                   © 2012 Consult and Coach for a Cause FZ LLE
                                                                                                           All Rights Reserved
LEADERSHIP AND SUCCESS RE-DEFINED



         The socially conscious consumer

                 Global consumers think that THE ROLE OF BUSINESS IN
                                      SOCIETY is:

                           Just make money                                       Play limited role in
                                                              6%
                                                                                  the community
                                                                          13%
            Change the way they                                                           Support larger
            operate to align with                       31%                     20%        issues with
            greater social needs                                                         donation & time

                                                                      30%
                                                                                  Support larger issues with
                                                                                    donation & time AND
                                                                                    advocate for change
           Source: The 2011 Cone / Echo Global CR Opportunity Study




     @CandC4aCause                                                    7
                                                                                          © 2012 Consult and Coach for a Cause FZ LLE
                                                                                                                  All Rights Reserved
LEADERSHIP AND SUCCESS RE-DEFINED



         The role of social media

                         Online Information’s Impact on Purchase Decisions
                                                             81%        After getting a recommendation, I go
                                                                        online to do ADDITIONAL research
                                                              85%       before deciding whether to purchase it


                                                             80%        NEGATIVE information online has made
                                                                        me change my mind about purchasing a
                                                              87%       recommended product / service


                                                     68%                POSITIVE information online has
                                                                        reinforced my decision to purchase a
                                                             80%        recommended product / service
                    2010              2011

           Source: The 2011 Cone Online Influencer Tracker




     @CandC4aCause                                                  8
                                                                                        © 2012 Consult and Coach for a Cause FZ LLE
                                                                                                                All Rights Reserved
LEADERSHIP AND SUCCESS RE-DEFINED



         From linear marketing




                      company




                                        consumer


     @CandC4aCause                  9
                                         © 2012 Consult and Coach for a Cause FZ LLE
                                                                 All Rights Reserved
LEADERSHIP AND SUCCESS RE-DEFINED



         
 to Square MarketingTM



                      company                    employee

                                        social
                                    responsibility
                                       & social
                                        media

                     prosumer                    consumer


     @CandC4aCause                        10
                                                     © 2012 Consult and Coach for a Cause FZ LLE
                                                                             All Rights Reserved
LEADERSHIP AND SUCCESS RE-DEFINED



         Arabs’ interest in social causes

                                Interest in Social Causes (Post Arab Spring)

                                                                                                              60%
             MENA
                                                                                                                                 68%
                                                    52%                                                                   62%
             UAE                                                               Kuwait
                                                      63%                                                                  68%
                                                       60%                                                           52%
             KSA                                                               Bahrain
                                                        67%                                                             65%
                                                       59%                                                          49%
             Qatar                                                             Oman
                                                         67%                                                           63%
                              Interest in Volunteering                               In Improving Communities
           Source: Social Entrepreneurship: Why is it Important Post Arab Spring? Online Survey Report - March 2012 - Stanford
           University, Bayt.com, YouGov




     @CandC4aCause                                                    11
                                                                                                  © 2012 Consult and Coach for a Cause FZ LLE
                                                                                                                          All Rights Reserved
LEADERSHIP AND SUCCESS RE-DEFINED



         Social media in the Arab world




     @CandC4aCause                  12
                                          © 2012 Consult and Coach for a Cause FZ LLE
                                                                  All Rights Reserved
LEADERSHIP AND SUCCESS RE-DEFINED



         Glocal Issues

                 Population             Water                     Climate

                  Middle East
                  Population          40% of                Heading towards


                 x2      by 2050
                                    global shortfall
                                       by 2030
                                                                > 2°C

                    Waste                Food                  Inequality

                Middle East              Next
                                                             1:10 Obese
              Hazardous Waste
                                    40 years
               >600 kg                  supply =             1bn Hungry
                   per person       Past 8,000 years


     @CandC4aCause                       13
                                                       © 2012 Consult and Coach for a Cause FZ LLE
                                                                               All Rights Reserved
LEADERSHIP AND SUCCESS RE-DEFINED



         Companies’ shift towards social responsibility




     @CandC4aCause                  14
                                         © 2012 Consult and Coach for a Cause FZ LLE
                                                                 All Rights Reserved
STRATEGIC APPROACH TO CRS



         A strategic six-step approach

                    Well-designed CSR strategies can maximize
                social impact while unlocking business performance

               1                       2                  3
                   Make sure               Choose a           Align Social
                   you don’t                feasible           & Financial
                    HARM                   Biz Model          Performance

                     4                     5                   6
                         Include All           Unlock                 Measure
                           Stake-                $$$                   Social
                           holders             Benefits               Impact




     @CandC4aCause                              15
                                                               © 2012 Consult and Coach for a Cause FZ LLE
                                                                                       All Rights Reserved
STRATEGIC APPROACH TO CRS



     1   Doing Good vs Not Doing Harm

                                                CSR as Contingent Benefit

                                                                                     Not
             Past CSR activities make                                     Doing                     Savings in
                                                                                    Doing           firm value
             stakeholders perceive an                                     Good
                                                                                    Harm           after product
            adverse event as ‘ bad luck’
          rather than ‘bad management’                                                                recall if
                                                                                                   compared to

                                                                                                        +1.6%

           Saving the company money,                                                                    +2.0%
          regulatory scrutiny and brand
                      value                                                                             +3.6%


          Source: Berkeley Haas School of Business – California Management Review


     @CandC4aCause                                                   16
                                                                                     © 2012 Consult and Coach for a Cause FZ LLE
                                                                                                             All Rights Reserved
STRATEGIC APPROACH TO CRS



     1   UNGC – The 10 principles


                            HUMAN RIGHTS          LABOR RIGHTS
                               (P1/P2)               (P3-P6)

                            Ethics / Equality /   Policies / Protection
                              Discrimination       / Health & Safety


                            ENVIRONMENT           ANTI-CORRUP-
                               (P7-P9)             TION (P10)

                            Impact / Strategy/    Transparent / Fair /
                              Responsibility         Accountable
          Source: UNGC


     @CandC4aCause                  17
                                                   © 2012 Consult and Coach for a Cause FZ LLE
                                                                           All Rights Reserved
STRATEGIC APPROACH TO CRS



     2        For-purpose organizations’ business models

              Charitable                      For-Purpose Organizations                             Commercial



                                       Social Enterprise
                                                                                           CSR-Focused
              Sustainable Non-Profit                   Social Business
                                                                                             Business

          Financially sustainable                Organization with a social       Organization with a social
          non-profit organization                mission (and a for profit        mission (and a for profit
                                                 legal entity)                    legal entity)
             Relies entirely on strategic
              partnerships
             Generates some revenues            Reinvests 50% or more of         Social Responsibility at the
             Financially sustainable
                                                 its returns back into social     core of business strategy
              through its own income-            causes
              generation activities (Hybrid
              model)

         Source: Brookings, Silatech


     @CandC4aCause                                          18
                                                                                © 2012 Consult and Coach for a Cause FZ LLE
                                                                                                        All Rights Reserved
STRATEGIC APPROACH TO CRS



     3   Social and financial alignment

                                            Beneficiaries



                                           Customers
      Maximize               Maximize
        Social                Financial    Suppliers /
       Impact               Performance    Distributors


                                           Employees


     @CandC4aCause                    19
                                                © 2012 Social Enterprise Advisors FZ LLE
                                                                     All Rights Reserved
STRATEGIC APPROACH TO CRS



     4   Stakeholders’ alignment for scalability

            SOCIAL                                                         Stakeholders
           BUSINESS
            IDEA TM


                               Stakeholders                        Shareholders              Employees




                                                                   Suppliers /
                                                                                        Con/Pro-sumers
                Company                         Environment        Distributors




                                                                     Partners               Community

          Source: ‘Who cares wins’ by David Jones




     @CandC4aCause                                            20
                                                                                  © 2012 Social Enterprise Advisors FZ LLE
                                                                                                       All Rights Reserved
STRATEGIC APPROACH TO CRS



     5   Potential benefits of a social mission

                     Potential Benefits                       Focus Areas

                 Competitive advantage /                Customer consciousness
                      sales edge                             preferences

                     Marketing savings                Social media / viral marketing

           HR - recruiting / retention savings          Employee consciousness
               and productivity increase                     preferences

                Capital’s wider access and             Social impact measurement
                         lower cost                             (outcomes)

                   Reputation insurance                Authenticity / transparency



     @CandC4aCause                               21
                                                               © 2012 Consult and Coach for a Cause FZ LLE
                                                                                       All Rights Reserved
STRATEGIC APPROACH TO CRS



     6   Measure your social impact


                            What you cannot   MEASURE,

                                    you cannot   MANAGE


                            What you cannot   MANAGE,

                                    you cannot   CHANGE!

     @CandC4aCause                     22
                                                   © 2012 Social Enterprise Advisors FZ LLE
                                                                        All Rights Reserved
CASE STUDY



         Case Study – CSR through C3

                                  Speed Consulting Sessions
                               Pro-bono for C3 and C3 members


                                    Speed Consulting Sessions
                                    Soc Ent Week Sponsorship



                         Knowledge & Skills
                         Volunteering Time


                        Community Relevance
                        Hands-on Experience




     @CandC4aCause             23
                                                 © 2012 Social Enterprise Advisors FZ LLE
                                                                      All Rights Reserved
Thank you!




      medea@consultandcoachforacause.org
       alex@consultandcoachforacause.org

       www.consultandcoachforacause.org
   www.facebook.com/consultandcoachforacause
               @CandC4aCause
APPENDIX



           RISE* Social Venture Rubric

                                                            BUILDING BLOCKS

                                    Financial                                                      Social

                                                                                             Mission Context &
                             Market Potential
                                                                                            Theories of Change

                        Products and Services                                        Social & Financial Alignment


                      Competitive Advantages                                             Scalability / Social Impact


                             Cash Flow & ROI                                               Social Impact Metrics


                                      People                                              Legal Form & Financing
           * Research Initiative on Social Entrepreneurship – Columbia Business School


     @CandC4aCause                                                       25
                                                                                                   © 2012 Social Enterprise Advisors FZ LLE
                                                                                                                        All Rights Reserved
APPENDIX



           Theory of Change (1/2)

            The Theory of Change describes WHY the activities of the
                  venture lead to the desired social outcomes.




           Source: Global Social Venture Competition


     @CandC4aCause                                     26
                                                            © 2012 Social Enterprise Advisors FZ LLE
                                                                                 All Rights Reserved
APPENDIX



           Theory of Change (2/2)

                                                       KEY QUESTIONS

                1. Who are you seeking to                               1. Target Population
                   influence or benefit?
                2. What benefits are you                                      2. Results
                   seeking to achieve?
                3. When will you achieve them?
                                                                           3. Time Period
                4. How will you and others
                   make this happen?                                   4. Activities, strategies,
                5. Where and under what                                       resources
                   circumstances will you do
                   your work?                                                 5. Context
                6. Why do you believe your
                   theory will bear out?                                   6. Assumptions
           Source: Stanford Social Innovation Review


     @CandC4aCause                                         27
                                                                                © 2012 Social Enterprise Advisors FZ LLE
                                                                                                     All Rights Reserved
APPENDIX



           Social and financial alignment

                                            Beneficiaries



                                             Customers


      Maximize        Maximize
        Social         Financial
                                      Suppliers / Distributors
       Impact        Performance


                                             Employees




     @CandC4aCause              28
                                                © 2012 Social Enterprise Advisors FZ LLE
                                                                     All Rights Reserved
APPENDIX



           Scalability / Social Impact

             SOCIAL                                                         Stakeholders
            BUSINESS
             IDEA TM


                                Stakeholders                        Shareholders              Employees




                                                                    Suppliers /
                                                                                         Con/Pro-sumers
                 Company                         Environment        Distributors




                                                                      Partners               Community

           Source: ‘Who cares wins’ by David Jones




     @CandC4aCause                                             29
                                                                                   © 2012 Social Enterprise Advisors FZ LLE
                                                                                                        All Rights Reserved
APPENDIX



           Impact Value Chain (1/2)

               The Impact Value Chain illustrates HOW the venture’s
                activities lead to the desired outcomes and impact.


                                                                                               Goal
                  Inputs                 Activities     Outputs       Outcomes
                                                                                            Alignment

                   What is                Venture’s    Results that    Changes to            Activity and
                   put into                primary       can be       social systems             goal
                     the                  activities    measured                             adjustment
                                                                      What would
                   venture                                               have
                                                                       happened
                                                                        anyway


                                                                        IMPACT

           Source: Global Social Venture Competition




     @CandC4aCause                                        30
                                                                               © 2012 Social Enterprise Advisors FZ LLE
                                                                                                    All Rights Reserved
APPENDIX



           Impact Value Chain (2/2)

               The Impact Value Chain illustrates HOW the venture’s
                activities lead to the desired outcomes and impact.


                                                        Outputs       Outcomes

                     E.G. NUMBER OF                    Results that    Changes to         E.G. DELTA %
                     TRAINEES / YEAR                     can be       social systems      OF DOMESTIC
                     ATTENDING BACK                     measured                            INCIDENTS
                        TO BASICS                                     What would                B/W
                                                                         have             HOUSEHOLDS
                        TRAINING
                                                                       happened
                         COURSES                                        anyway
                                                                                           EXPOSED TO
                                                                                          B2B TRAINING
                                                                                            vs NORMAL
                                                                        IMPACT            HOUSEHOLDS

           Source: Global Social Venture Competition




     @CandC4aCause                                        31
                                                                               © 2012 Social Enterprise Advisors FZ LLE
                                                                                                    All Rights Reserved
APPENDIX



           Why measuring?
                                                          by Alex Lemille


                  What you cannot   MEASURE,

                            you cannot   MANAGE


                  What you cannot   MANAGE,

                            you cannot   CHANGE!

     @CandC4aCause             32
                                           © 2012 Social Enterprise Advisors FZ LLE
                                                                All Rights Reserved
APPENDIX



           Social Impact Indicators

             Specific operational metrics (OUTPUT MEASURES) that a
                  venture can utilize to assess whether they are
               progressing towards their social benefit objectives.
                 Choose the ones that most strongly correlate to desired outcomes.




           Source: Global Social Venture Competition



     @CandC4aCause                                     33
                                                                 © 2012 Social Enterprise Advisors FZ LLE
                                                                                      All Rights Reserved

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C3 and Social Enterprise

  • 1. CSR & SocEnt Shared principles and common strategies CSR in Action April 1st, 2013
  • 2. Agenda  Introduction  Leadership and success re-defined  Strategic approach to CSR  Case study: Bain and Booz  Appendix @CandC4aCause 2 © 2012 Consult and Coach for a Cause FZ LLE All Rights Reserved
  • 3. INTRODUCTION C3 in a nutshell C3 is a social enterprise MOBILIZING corporate professionals to SUPPORT SOCIAL ENTREPRENEURS on volunteer basis 130+ volunteers 100+ soc ent supported Network of partners Word of mouth 1st Social Enterprise Week in the Region IN ONE YEAR! @CandC4aCause 3 © 2012 Consult and Coach for a Cause FZ LLE All Rights Reserved
  • 4. INTRODUCTION C3 vision and mission Maximize Maximize UNLOCK the Social Impact Performance potential of SOCIAL VENTURES and help them SOCIAL MISSION MAXIMIZE their BUSINESS KNOW-HOW IMPACT on the community IMPACT @CandC4aCause 4 © 2012 Consult and Coach for a Cause FZ LLE All Rights Reserved
  • 5. INTRODUCTION What’s next MEMBERSHIP Social Impact PROGRAM EXPERTS NETWORK for Social for SMEs and Entrepreneurs CSR Divisions @CandC4aCause 5 © 2012 Consult and Coach for a Cause FZ LLE All Rights Reserved
  • 6. LEADERSHIP AND SUCCESS RE-DEFINED Leadership and success redefined 'I want to work for a ‘Businessmen who ‘Business benefits 0f ‘The most powerful company that focus on profits wind [social responsibility] and enduring brands contributes to and is up in the hole. For are hard measures of are built from the part of the me, profit is what growth and margin heart. The companies community. I want happens when you improvement. It’s a that are lasting are some-thing I believe do everything else no-brainer. ’ those that are in.‘ right.’ authentic’ ANITA RODDICK, YVON CHOUINARD PAUL POLMAN HOWARD SCHULTZ Founder Founder CEO CEO The Body Shop Patagonia Unilever Starbucks @CandC4aCause 6 © 2012 Consult and Coach for a Cause FZ LLE All Rights Reserved
  • 7. LEADERSHIP AND SUCCESS RE-DEFINED The socially conscious consumer Global consumers think that THE ROLE OF BUSINESS IN SOCIETY is: Just make money Play limited role in 6% the community 13% Change the way they Support larger operate to align with 31% 20% issues with greater social needs donation & time 30% Support larger issues with donation & time AND advocate for change Source: The 2011 Cone / Echo Global CR Opportunity Study @CandC4aCause 7 © 2012 Consult and Coach for a Cause FZ LLE All Rights Reserved
  • 8. LEADERSHIP AND SUCCESS RE-DEFINED The role of social media Online Information’s Impact on Purchase Decisions 81% After getting a recommendation, I go online to do ADDITIONAL research 85% before deciding whether to purchase it 80% NEGATIVE information online has made me change my mind about purchasing a 87% recommended product / service 68% POSITIVE information online has reinforced my decision to purchase a 80% recommended product / service 2010 2011 Source: The 2011 Cone Online Influencer Tracker @CandC4aCause 8 © 2012 Consult and Coach for a Cause FZ LLE All Rights Reserved
  • 9. LEADERSHIP AND SUCCESS RE-DEFINED From linear marketing
 company consumer @CandC4aCause 9 © 2012 Consult and Coach for a Cause FZ LLE All Rights Reserved
  • 10. LEADERSHIP AND SUCCESS RE-DEFINED 
 to Square MarketingTM company employee social responsibility & social media prosumer consumer @CandC4aCause 10 © 2012 Consult and Coach for a Cause FZ LLE All Rights Reserved
  • 11. LEADERSHIP AND SUCCESS RE-DEFINED Arabs’ interest in social causes Interest in Social Causes (Post Arab Spring) 60% MENA 68% 52% 62% UAE Kuwait 63% 68% 60% 52% KSA Bahrain 67% 65% 59% 49% Qatar Oman 67% 63% Interest in Volunteering In Improving Communities Source: Social Entrepreneurship: Why is it Important Post Arab Spring? Online Survey Report - March 2012 - Stanford University, Bayt.com, YouGov @CandC4aCause 11 © 2012 Consult and Coach for a Cause FZ LLE All Rights Reserved
  • 12. LEADERSHIP AND SUCCESS RE-DEFINED Social media in the Arab world @CandC4aCause 12 © 2012 Consult and Coach for a Cause FZ LLE All Rights Reserved
  • 13. LEADERSHIP AND SUCCESS RE-DEFINED Glocal Issues Population Water Climate Middle East Population 40% of Heading towards x2 by 2050 global shortfall by 2030 > 2°C Waste Food Inequality Middle East Next 1:10 Obese Hazardous Waste 40 years >600 kg supply = 1bn Hungry per person Past 8,000 years @CandC4aCause 13 © 2012 Consult and Coach for a Cause FZ LLE All Rights Reserved
  • 14. LEADERSHIP AND SUCCESS RE-DEFINED Companies’ shift towards social responsibility @CandC4aCause 14 © 2012 Consult and Coach for a Cause FZ LLE All Rights Reserved
  • 15. STRATEGIC APPROACH TO CRS A strategic six-step approach Well-designed CSR strategies can maximize social impact while unlocking business performance 1 2 3 Make sure Choose a Align Social you don’t feasible & Financial HARM Biz Model Performance 4 5 6 Include All Unlock Measure Stake- $$$ Social holders Benefits Impact @CandC4aCause 15 © 2012 Consult and Coach for a Cause FZ LLE All Rights Reserved
  • 16. STRATEGIC APPROACH TO CRS 1 Doing Good vs Not Doing Harm CSR as Contingent Benefit Not Past CSR activities make Doing Savings in Doing firm value stakeholders perceive an Good Harm after product adverse event as ‘ bad luck’ rather than ‘bad management’ recall if compared to +1.6% Saving the company money, +2.0% regulatory scrutiny and brand value +3.6% Source: Berkeley Haas School of Business – California Management Review @CandC4aCause 16 © 2012 Consult and Coach for a Cause FZ LLE All Rights Reserved
  • 17. STRATEGIC APPROACH TO CRS 1 UNGC – The 10 principles HUMAN RIGHTS LABOR RIGHTS (P1/P2) (P3-P6) Ethics / Equality / Policies / Protection Discrimination / Health & Safety ENVIRONMENT ANTI-CORRUP- (P7-P9) TION (P10) Impact / Strategy/ Transparent / Fair / Responsibility Accountable Source: UNGC @CandC4aCause 17 © 2012 Consult and Coach for a Cause FZ LLE All Rights Reserved
  • 18. STRATEGIC APPROACH TO CRS 2 For-purpose organizations’ business models Charitable For-Purpose Organizations Commercial Social Enterprise CSR-Focused Sustainable Non-Profit Social Business Business Financially sustainable Organization with a social Organization with a social non-profit organization mission (and a for profit mission (and a for profit legal entity) legal entity)  Relies entirely on strategic partnerships  Generates some revenues Reinvests 50% or more of Social Responsibility at the  Financially sustainable its returns back into social core of business strategy through its own income- causes generation activities (Hybrid model) Source: Brookings, Silatech @CandC4aCause 18 © 2012 Consult and Coach for a Cause FZ LLE All Rights Reserved
  • 19. STRATEGIC APPROACH TO CRS 3 Social and financial alignment Beneficiaries Customers Maximize Maximize Social Financial Suppliers / Impact Performance Distributors Employees @CandC4aCause 19 © 2012 Social Enterprise Advisors FZ LLE All Rights Reserved
  • 20. STRATEGIC APPROACH TO CRS 4 Stakeholders’ alignment for scalability SOCIAL Stakeholders BUSINESS IDEA TM Stakeholders Shareholders Employees Suppliers / Con/Pro-sumers Company Environment Distributors Partners Community Source: ‘Who cares wins’ by David Jones @CandC4aCause 20 © 2012 Social Enterprise Advisors FZ LLE All Rights Reserved
  • 21. STRATEGIC APPROACH TO CRS 5 Potential benefits of a social mission Potential Benefits Focus Areas Competitive advantage / Customer consciousness sales edge preferences Marketing savings Social media / viral marketing HR - recruiting / retention savings Employee consciousness and productivity increase preferences Capital’s wider access and Social impact measurement lower cost (outcomes) Reputation insurance Authenticity / transparency @CandC4aCause 21 © 2012 Consult and Coach for a Cause FZ LLE All Rights Reserved
  • 22. STRATEGIC APPROACH TO CRS 6 Measure your social impact What you cannot MEASURE, you cannot MANAGE What you cannot MANAGE, you cannot CHANGE! @CandC4aCause 22 © 2012 Social Enterprise Advisors FZ LLE All Rights Reserved
  • 23. CASE STUDY Case Study – CSR through C3 Speed Consulting Sessions Pro-bono for C3 and C3 members Speed Consulting Sessions Soc Ent Week Sponsorship Knowledge & Skills Volunteering Time Community Relevance Hands-on Experience @CandC4aCause 23 © 2012 Social Enterprise Advisors FZ LLE All Rights Reserved
  • 24. Thank you! medea@consultandcoachforacause.org alex@consultandcoachforacause.org www.consultandcoachforacause.org www.facebook.com/consultandcoachforacause @CandC4aCause
  • 25. APPENDIX RISE* Social Venture Rubric BUILDING BLOCKS Financial Social Mission Context & Market Potential Theories of Change Products and Services Social & Financial Alignment Competitive Advantages Scalability / Social Impact Cash Flow & ROI Social Impact Metrics People Legal Form & Financing * Research Initiative on Social Entrepreneurship – Columbia Business School @CandC4aCause 25 © 2012 Social Enterprise Advisors FZ LLE All Rights Reserved
  • 26. APPENDIX Theory of Change (1/2) The Theory of Change describes WHY the activities of the venture lead to the desired social outcomes. Source: Global Social Venture Competition @CandC4aCause 26 © 2012 Social Enterprise Advisors FZ LLE All Rights Reserved
  • 27. APPENDIX Theory of Change (2/2) KEY QUESTIONS 1. Who are you seeking to 1. Target Population influence or benefit? 2. What benefits are you 2. Results seeking to achieve? 3. When will you achieve them? 3. Time Period 4. How will you and others make this happen? 4. Activities, strategies, 5. Where and under what resources circumstances will you do your work? 5. Context 6. Why do you believe your theory will bear out? 6. Assumptions Source: Stanford Social Innovation Review @CandC4aCause 27 © 2012 Social Enterprise Advisors FZ LLE All Rights Reserved
  • 28. APPENDIX Social and financial alignment Beneficiaries Customers Maximize Maximize Social Financial Suppliers / Distributors Impact Performance Employees @CandC4aCause 28 © 2012 Social Enterprise Advisors FZ LLE All Rights Reserved
  • 29. APPENDIX Scalability / Social Impact SOCIAL Stakeholders BUSINESS IDEA TM Stakeholders Shareholders Employees Suppliers / Con/Pro-sumers Company Environment Distributors Partners Community Source: ‘Who cares wins’ by David Jones @CandC4aCause 29 © 2012 Social Enterprise Advisors FZ LLE All Rights Reserved
  • 30. APPENDIX Impact Value Chain (1/2) The Impact Value Chain illustrates HOW the venture’s activities lead to the desired outcomes and impact. Goal Inputs Activities Outputs Outcomes Alignment What is Venture’s Results that Changes to Activity and put into primary can be social systems goal the activities measured adjustment What would venture have happened anyway IMPACT Source: Global Social Venture Competition @CandC4aCause 30 © 2012 Social Enterprise Advisors FZ LLE All Rights Reserved
  • 31. APPENDIX Impact Value Chain (2/2) The Impact Value Chain illustrates HOW the venture’s activities lead to the desired outcomes and impact. Outputs Outcomes E.G. NUMBER OF Results that Changes to E.G. DELTA % TRAINEES / YEAR can be social systems OF DOMESTIC ATTENDING BACK measured INCIDENTS TO BASICS What would B/W have HOUSEHOLDS TRAINING happened COURSES anyway EXPOSED TO B2B TRAINING vs NORMAL IMPACT HOUSEHOLDS Source: Global Social Venture Competition @CandC4aCause 31 © 2012 Social Enterprise Advisors FZ LLE All Rights Reserved
  • 32. APPENDIX Why measuring? by Alex Lemille What you cannot MEASURE, you cannot MANAGE What you cannot MANAGE, you cannot CHANGE! @CandC4aCause 32 © 2012 Social Enterprise Advisors FZ LLE All Rights Reserved
  • 33. APPENDIX Social Impact Indicators Specific operational metrics (OUTPUT MEASURES) that a venture can utilize to assess whether they are progressing towards their social benefit objectives. Choose the ones that most strongly correlate to desired outcomes. Source: Global Social Venture Competition @CandC4aCause 33 © 2012 Social Enterprise Advisors FZ LLE All Rights Reserved