Daily Archives: November 9, 2014

If the United Nations was fully funded why would we need the Arc or social enterprise?

The United Nation has been the world leader organization which help to solve global issues for the last half  of century. They are well know for their assistant in providing help or to cure world’s problem in different side of the world. The Millennium Development Goals has been the UN target for this past years, and we see some progress but still not significantly. Most of the time, United Nation acts as a helper or a donator to a problem. Whereas, the Arc or social enterprise allows people to help themselves,by learning the tools which could help them to fix the issues in society.

Image source: http://mbanogmat.com/a-guide-to-social-entrepreneurship/

Both United Nation and Arc or Social enterprise are equally significant to the never-ending world issues. In a way, United Nation helps to solve problem in the shorter time frame; they recognize the issues , open a forum, and try to negotiate on how to solve the issues by the organization that are already embodied in their organization (such as UNICEF,WHO, ILO,etc). Whereas, Social entrepreneur will see a problem, try to come up with solution, and create business or strategy that could solve the issues themselves. In longer term, the social enterprise not only helping people to solve a problem but also allows for those who practices it to develop themselves as a community as well as the individuals. Social Enterprise is also more focus, more targeted,often they operate in the location that are having issues or problem.In addition, Social enterprise also helps people to generate profit, and most importantly creating social environmental and cultural value while meeting a community needs that the traditional marketplace does not.

Even though the UN was fully funded, the world still needs to have social entrepreneurship in order for people to engage in their society, solve the problem, and allows to individuals and community to grow and maintain sustainability  for the future.

RE: Swatch the Second Watch by Atsushi Yamamoto

Atsushi’s blog post on Swatch unique disruptive innovation reminds me to the 14th Lecture where we discussed about Innovation and Entrepreneurship. His post immediately drew my attention where he explained how Swatch was competing with Seiko, a Japanese watch maker. Swatch has successfully create a business which target uncultivated spot in the market through its innovative and fresh new image product. Today we can see how Swatch has been very popular and dominant in the market,even more than Seiko.

As Atsushi mentions “The disruptive innovation does not have to be from a entirely competitor, and that the old industry leader can be disruptor through a change in strategies”, I see how Seiko has actually contributed  to Swatch success. Without the competition that they have, Swatch would not be able to understand what the market needs at that time after war. Swatch then see and seize the opportunity to create a product which  have a contemporary, fashionable style and also,which is cheap to make, priced at the low-end rather than compete in the range between premium and luxury that Swiss watches more comfortably occupied. This is one the reason why Swatch is distinguished between other more prestigious Swiss-Swatch maker.

This post has effectively analyze how Swatch’s disruptive innovation has contributed to the long-run business’ successes as well as its position facing the competition with the new released Apple watch, iWatch. I also remember in Lecture 18th  where Amielle Lake made the whole class repeat her sentence “My greed is bigger than my pride”.Swatch has decisively change his product and business type and ended up being one of the most succesful watch company in the world.

Image source: http://magazine.wsj.com/features/behind-the-brand/time-bandit/

 

Extra source: http://magazine.wsj.com/features/behind-the-brand/time-bandit/