o You can also refer students to the ICW Facebook page if they want to learn more
and see other video clips.
o Finally, the authors have created a video during interviews with various stakeholders.
Segments show a student or student-now-employee extolling the virtues of ICW.
o After the ESPN video, ask students to reflect on what they’ve seen. Most have not
experienced gang life and violence. Most have not grown up in poverty with limited
life choices. The video is very powerful, and students will likely see the value of ICW
and what an impact it can have on its students.
o This can lead to a discussion on social entrepreneurship. Ask the students how social
entrepreneurship differs from economically oriented entrepreneurship with
companies such as Uber. How is it similar?
The discussion will focus on the entrepreneur creating something that offers
value to customers. Whereas Uber creates economic returns for its founders,
ICW creates social returns. Both companies have identified a problem/need
and then developed a business to help customers solve that need.
Provide a definition of a social enterprise. This is not easy, since there is no
general agreement – and quite a bit of disagreement – about the definition.
We take a simple view: Social entrepreneurship involves using business
strategies and a sustainable financial model to solve human and
environmental problems. In this definition, social ventures can be nonprofit
or for–profit, as long as they are driven by a social mission. For more
information about the definition debate, you might wish to study and assign
one or more of these readings:
• Martin, Roger L., and Sally Osberg, “Social Entrepreneurship: The
Case for Definition,” Stanford Social Innovation Review, Spring 2007: 28–
39.
• Neck, Heidi, Candida Brush, and Elaine Allen, (2009_ The landscape
of social entrepreneurship, Business Horizons, 52(1): 13–19.
• Ramus, Tommaso, and Antonino Vaccaro, “Blurring the Boundaries
Between For Profit and Nonprofit Organizations: The Social
Enterprises’ Model.” Background Note, April 10, 2012, Harvard
Business Publishing. Source: IESE Business School, Barcelona, Spain.
o Ask students to identify ICW’s business model. Again, a comparison to a company
like Uber can help draw out its distinct differences.