It Will Begin in Africa?: Collective Capitalism

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Presentation on the opportunity to recalibrate capitalism towards the common good in Africa, harnessing African collective values and the power of intentional entrepreneurship and ethical enterprise. Presented at Oxford University at the Sub-Saharan Africa Enterprise Conference, July 2011.

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It Will Begin in Africa?: Collective Capitalism

  1. 1. @MIND_MAVERICKIT WILL BEGININ AFRICA?INTENTIONAL ENTREPRENEURSHIP &COLLECTIVE CAPITALISMNICK JANKEL, WECREATEOXFORDJULY 2011
  2. 2. ENTERPRISE 1.0
  3. 3. PROFITMOTIVE
  4. 4. INDIVIDUALSUCCESS
  5. 5. THE OLD PARADIGM OF MAXIMIZINGPROFITS AND SHAREHOLDER VALUES ASTHE SOLE PURPOSE OF BUSINESS HASCREATED NEGATIVE UNINTENDEDCONSEQUENCES.JOHN MACKEY, CEO WHOLEFOODS
  6. 6. EXPORTFROM THE WEST OF THIS MOST EXTREMEFORM OF CAPITALISM
  7. 7. AIDEVEN THE AGENCIES FOCUS ON ENTERPRISE1.0 AS THE DRIVING FORCE OFDEVELOPMENT
  8. 8. OPPORTUNISMWITHOUT THE SOCIAL SAFETY NETS &PHILANTHROPIC LEGACY OF THE WEST
  9. 9. BEYONDPROFIT
  10. 10. LONG-TERM PROFITS AREMAXIMIZED BY NOT MAKINGTHEM THE PRIMARY GOAL.JOHN MACKEY, CEO WHOLEFOODS
  11. 11. PURPOSE
  12. 12. WHY?DO ENTREPRENEURS CREATE BUSINESSES?
  13. 13. ENGINESFEARFORTUNEFAMEFRUSTRATIONFREEDOM
  14. 14. GOODFOR THE COLLECTIVE
  15. 15. INTENTIONALENTERPRISE
  16. 16. PRIVATE SECTOR ADAPTABILITY SPEEDPUBLIC INGENUITY 3RD SECTORSECTOR (COM)PASSION SCALE INDEPENDENCE JUSTICE CITIZENSHIP VISION
  17. 17. PRIVATE SECTOR SHORT-TERM GREED IRRESPONSIBILITY ADAPTABILITY SPEEDPUBLIC INGENUITY 3RD SECTORSECTOR (COM)PASSION SCALE INDEPENDENCE JUSTICE CITIZENSHIP VISION OPPRESSION RIGHTEOUS INERTIA INEFFECTUAL WASTEFULNESS VESTED INTERESTS
  18. 18. PRIVATE SECTOR SHORT-TERM GREED IRRESPONSIBILITY ADAPTABILITY SPEEDPUBLIC INGENUITY 3RD SECTORSECTOR (COM)PASSION SCALE INDEPENDENCE JUSTICE CITIZENSHIP VISION OPPRESSION RIGHTEOUS INERTIA INEFFECTUAL WASTEFULNESS VESTED INTERESTS
  19. 19. PROFIT MOTIVE GREED IRRESPONSIBILITY ADAPTABILITY SPEED INGENUITY INTENTIONAL ENTERPRISES SCALE (COM)PASSION JUSTICE INDEPENDENCE VISION CITIZENSHIP RIGHTEOUS OPPRESSION INEFFECTUAL INERTIA VESTEDWASTEFULNESS INTERESTS
  20. 20. RECALIBRATECAPITALISM TOWARDS SOCIAL EQUALITY
  21. 21. COLLECTIVECAPITALISM
  22. 22. 20 YEARSAGOIN ZIMBABWEWWW.ULTIMATETRIP.TV
  23. 23. AFRICAIS A CENTURY AHEAD OF THE WEST
  24. 24. COLLECTIVEVALUES AT THE HEART OF LIFE
  25. 25. UNITEWESTERN INNOVATION PROWESS WITHAFRICAN COLLECTIVE VALUES
  26. 26. NOW!USHAHIDI, TXTEAGLE, IKOTOILETS
  27. 27. EVERYAFRICAN START-UP CAN BE ‘BEYONDPROFIT’
  28. 28. HOWDO WE PROMOTE THIS MOVEMENT?
  29. 29. $REGULATORY ENVIRONMENT, ICT
  30. 30. TOOLSTO ACCELERATE GOOD IDEAS INTO WORLD-CHANGING INNOVATIONS
  31. 31. MINDSETSBOOST CONFIDENCE, BUILD RESILIENTCREATIVE LEADERSHIP, CULTIVATE MORALCOMPASS, GROW APPETITE FORCOLLABORATION, ENCOURAGECHALLENGING OF STATUS QUO
  32. 32. ECOSYSTEMPEER SUPPORT, MENTORING, IDEAEXCHANGE, NETWORKING, COLLABORATION
  33. 33. DIASPORARETURNING WITH SKILLS, CAPITAL &WISDOM
  34. 34. KUDOSFOR ENTREPRENEURS OF ALL GENDER &AGESESP. THOSE WHO PUT INTENTIONS AHEADOF OPPORTUNITY
  35. 35. HEARTHEARTFELT, COURAGEOUSKEEP CONNECTED
  36. 36. WORDBE ITPROMPT. RESPONSIVE. RESPONSE-ABLE.
  37. 37. THE WORDS OF THE ELDERS BECOMESWEET SOME DAY.MALAWIAN PROVERB
  38. 38. CONNECTNICK@WECREATE.CC@MIND_MAVERICKWECREATE.CCULTIMATETRIP.TV

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