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Social Innovation

"What business entrepreneurs are to the economy, social entrepreneurs are to social change. They are the driven, creative individuals who question the status quo, exploit new opportunities, refuse to give up, and remake the world for the better." David Bornstein For more resources on social innovation, go to the Social Change Innovators site at https://socialchangeinnovators.com/

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Social Innovation

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  1. SOCIAL INNOVATION © SCI 2020

  2. Course Outline Schedule today OUTLINE OF SESSION

  3. © Skoll Centre © Skoll Centre © LUSIC - Social Innovation Center

  4. Video: The Essence of Entrepreneurship by Guy Kawasaki

  5. WHAT DO YOU SEE? • Ciudad Saludable The Essence of Entrepreneurship by Guy Kawasaki

  6. PROBLEM SOLVERS © Skoll Centre © Skoll Centre Bornstein, D. and Davis, S. (2010). Social Entrepreneurship: What Everyone Needs to Know .Oxford University Press

  7. SOCIAL INNOVATION PROCESS © LUSIC - Social Innovation Center

  8. DO YOU SEE AN OPPORTUNITY? • Ciudad Saludable The Essence of Entrepreneurship by Guy Kawasaki

  9. Ciudad Saludable

  10. SOCIAL INNOVATION PROCESS © LUSIC - Social Innovation Center

  11. PROBLEM SOLVING LENS Known Needs Hidden Needs

  12. SOCIAL PROJECT INSPRIATION "What business entrepreneurs are to the economy, social entrepreneurs are to social change. They are the driven, creative individuals who question the status quo, exploit new opportunities, refuse to give up, and remake the world for the better." -David Bornstein

  13. WHERE PASSION MEETS YOUR SKILLS YOUR PASSIONS YOUR SKILLS

  14. HUNGER QUIZ © Skoll Centre © Skoll Centre

  15. Idea Space Ideaspace: Shoot for the Stars Ideaspace Heidi Neck & Steve Schiffman, SED 2009

  16. INNOVATIVE SOLUTIONS "What business entrepreneurs are to the economy, social entrepreneurs are to social change. They are the driven, creative individuals who question the status quo, exploit new opportunities, refuse to give up, and remake the world for the better." -David Bornstein

  17. TWO SCHOOLS OF THOUGHT • Popularized in 1990’s. • Nonprofit starting earned income ventures. • Entrepreneurs revolutionize patterns (Schumpeter, 1942). • Long term, systemic change. • For profit, non-profit or hybrid. SOCIAL ENTERPRISE SOCIAL INNOVATION Criticism: “Hopeless romantic view of SE… 50%+ start because of lack of opportunity, not choice (Speakers, 2006).

  18. SOCIAL INNOVATION “Social entrepreneurship is a process by which citizens build or transform institutions to advance solutions to social problems, such as poverty, illness, illiteracy, environmental destruction, human rights abuses and corruption, in order to make life better for many." - David Bornstein and Susan Davis © Skoll Centre © Skoll Centre

  19. SOCIAL INNOVATION • Innovation is at the soul of entrepreneurship, and fostering innovative solutions to intractable societal challenges(Philis, et. al 2008, Martin and Osberg, 2007, Drayton, 2006, Alford, Brown and Letts, 2004). • Schumpeter’s seminal work contributed to the field by explicating how the entrepreneur innovates and uses “creative destruction” for economic growth (1942). • Social entrepreneurs create “large scale change through pattern breaking ideas” (Light, 2008). © Skoll Centre Grameen Dannone

  20. TYPES OF INNOVATION

  21. TYPES OF SOCIAL INNOVATIONS © Skoll Centre © Skoll Centre

  22. STORY OF GRAMEEN BANK

  23. Over 9 million members, 97% are women, over 26B US dollars in loans. Latest numbers from 2018 Grameen Bank The Village Bank ©2020 SCI

  24. True compassion is more than flinging a coin to a beggar. …an edifice which produces beggars needs restructuring. Dr. Martin Luther King, Jr. Promote Gender Equality & Empowerment ©2020 SCI

  25. DISRUPTIVE INNOVATION •  Affluent nations, institutions and individuals continue to fund services that fail to deliver impact (Christensen’s article on Disruptive Innovation for Social Change 2006). • Challenges the status quo by arguing for ‘disruptive innovation’, challenging existing leaders in the industry to change the status quo, striving for breakthrough improvements (Christensen and Bower, 1995). • Name some recent social innovations? • Would you consider microfinance a disruptive innovation? © Skoll Centre © Skoll Centre

  26. IMAGINE A SUSTAINABLE AND JUST WORLD “It’s quite possible to arrive in the year 2030 where people are no longer dying of poverty. We could actually help lead a global end—not a reduction, but an end—to absolute poverty…I have always found that a committed, powerful group of leaders, can make a huge difference.” — Jeffrey Sachs, the End of Poverty

  27. INTRODUCTION TO DESIGN THINKING

  28. INNOVATION SANDBOX • Process for breakthrough innovations. Four conditions the innovation must: • Result in a world-class quality product/service. • Achieve a significant price reduction—at least 90 percent off the cost of a comparable product or service in the West. • Be scalable: Must be produced, marketed, and used in many locales & circumstances. • Affordable at the bottom of the economic pyramid, reaching people with the lowest levels of income in any given society.

  29. Customers Don’t Buy Products Customers buy Solutions to Problems TeachingEntrepreneurship.org

  30. A CHALLENGE TO GOVERNMENTS • Challenge governments to spend less money on developing weapons of war than finding solutions to social needs (Young, 2006). • As a community, we need to continue to challenge the status quo and encourage the development of sustainable solutions by supporting the organisations who seek to address systemic problems. © Skoll Centre © Skoll Centre

  31. Husk Power Video www.huskpower.com Impact: 130,000 people served. 50 plants! Power systems profitable in 6 months, breakeven in 2.5 years. Product Driven: HuskPower Systems ©2020 SCI

  32. WANT MORE RESOURCES LIKE THIS? https://socialchangeinnovators.com/

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