www.Hexagon-Innovating.com
Here is a great 8' video outlining some of the key factors for successful social entrepreneurship, by Barcelona-based venture capitalist Lluís Pareras. I especially like #1. Also included is Michael Porter's 2013, 16.5' TED talk entitled, "Why business can be good at solving social problems" in which he too argues that businesses generates the majority of resources through profit and that profit allows the solution to scale. Indeed businesses actually generate profits from solving social problems. Here are some additional resources related to Sally Osberg & Roger Martin's excellent book: Getting Beyond Better. My Amazon.ca review: The sub-title explains the focus of this must-read book well, "how social entrepreneurship works." In "Getting Beyond Better," the authors describe the task faced by social entrepreneurs. It is one of identifying a stable but inherently unjust equilibrium, and developing a solution to "forge a new stable equilibrium that unleashes value for society, releases trapped potential or alleviates suffering" for "a marginalized or disenfranchised segment that has little power to drive political change and limited capacity to pay the cost of an initiative to change." In order to accomplish this task, they outline a number of practical and actionable approaches grounded in for-profit entrepreneurship. This includes obtaining a full understanding of the situation and identifying incentives and levers that provide more value at the same cost or the same value at a lower cost. With numerous detailed examples, the authors outline seven ways this can be approached. https://hbr.org/2015/10/how-social-entrepreneurs-make-change-happen 8' read https://www.youtube.com/watch?v=-D5TFVzM8vE 2015 4' video https://www.youtube.com/watch?v=kSazyG6asu8 2016 4' video
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AuthorDuncan Jones Archives
May 2022
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