Kesavan, Ram, Oswald Mascarenhas, and Michael Bernacchi
Social Entrepreneurship approach to solve societal problems involves innovative and gutsy models of community development. This has required borrowing freely from the business world, concepts such as performance incentives, performance recognition, strategic planning, goal setting, budgeting, prioritizing, SWOT analysis, organizational development, employee empowerment, resource deployment, leadership training, contingency planning, business planning, benchmarking, milestone setting among others. Experimenting, Exploring and Educating are primary means to achieve meaningful social ends.
More than half the Detroit‟s kids fail to finish high school. While there are many alternative explanations for this phenomenon, the results are devastating – increased crime, skyrocketing welfare payments, crowded prisons, higher insurance rates, declining property values, delapitated neighborhoods, ever increasing tax rates and decline of the “traditional family”.
We will examine some novel approaches from a social entrepreneurship perspective to address this important issue. of high school dropout rates.