Sapphire_Synapse 2014 | Page 22

SYNAPSE - 2014 SYNAPSE - 2014 The founders are unable to move out of the founder’s role and to a governance role. They stay entrepreneurs do not know how to deal with that. There have been corporates that have been running foundations like Azim Premji, Dr. Reddy’s, and the Tata Foundations. These companies know the ropes of how to use these funds but a large number of companies are unsure of how to best utilize this money. There are organizations like Ficus and a few others who are working on it, who help organizations to work out their CSR plans. One other important change that happened in the sector is that 2 years ago in April some of these social entrepreneurs came together and they formed the National Association for Social Enterprises (NASE India). Their focus is only on for-profits. They hadn’t been able to achieve too much till last year, but it has been revived now with Ms. Payal Randhawa as the Executive Director. Their objective is to act as an industry forum like CII or FICCI but for social enterprises. What do you feel are the leadership challenges a social entrepreneur will face as he looks to get ahead in the industry? In letting go, the ability to create those systems and processes which will take care of the primary vision of the organization is a big issue. These will be the same leadership challenges that all entrepreneurs face, that at some point of time you have to let go. You can’t micromanage. As organizations grow larger, you will find in many small-scale industries that the founders are unable to move out of the founder’s role and to a governance role. They stay entrepreneurs. And this leads to problems. So creating a governance structure is a big industry challenge which many social entrepreneurs are unable to do. Those who have grown and successfully sustained their enterprise are those who were able to create a second team which does the actual managing. Their role becomes a more strategic challenge. The second challenge is the HR challenge of getting the right people. It may not be a lead- ership challenge per se, but in letting go, the ability to create those systems and processes which will take care of the primary vision of the organization is a big issue. When these organizations generally start, a lot of it isn’t planned. You intuitively do things which feel right, you learn. But then you have to create the systems and processes so that the operation works the way it should be working which is something people often cannot do. That is a different capability. Another, challenge which all organizations face and not just ones in this sector is that organizations do require having a lot of advocacy done. You work within a regulatory environment, so you have to influence the regulations. And influence them legitimately, not by bribes. So you have to put your point forth in a way which would be acceptable to people, you have to negotiate. That becomes a challenge when they grow, how to interact with these agencies, and to form partnerships. One difference I see between the corporate sector and the social sector, is that the growth of corporate sector is through having a competi