IN:Agenda is arranged as a roundtablediscussion, and we plan no long presentationsThe value … [from RA value notes] [orseparate sheet?]INSIGHT: • What is Impact Investment? --15 min or thereby, presentation and commentFind common ground concept of impact investment Access both international and Australian ideas to do so• What is happening in Australia? --30 min, discussion prompted via 6 recorded interviews and Alan Raine’s snapshotsTest what we know about the Australian landscapeCollect from you your pointers on what’s happening• What are the challenges? --60 min, identification of challenges. Table discussions to ground our views in realityBegin by hearing from Robin and Andrew, who will relate their experience and lead us into the challenges that practitioners face in the sectorWill ground us in the characteristicsof representative casesWe may infer from what they have wrestled with some learning about the dynamics of the sectorShare and confirm the challenges we perceive• What are the strategies and actions forward? --60 min, generation of steps forward. Table idea generation to move us from challenge to stepsPropose desirable developments or strategies we would like to see in the medium termPropose actions or steps that can be taken in the immediate term, e.g. next 6 monthsOUT: What value will we get out of the day?
The Role of Government in Social Innovation
SIX Summer SchoolThe Role of Government in Systemic Change Rosemary Addis Social Innovation Strategist NOVEMBER 2012
As Social Innovators we look for more flexible& adaptive approaches
We want to see emergent trends and more ofwhat works get traction & have an impact
In a context where Governments havelimited resources Demand Side Supply Side Demand for funds to address Available government resources to complex social issues address those needs DEMAND for funds Gov’t OUTSTRIPS the available Financing SUPPLY of government funding Demand Funding Gap Unmet Need / Lost Opportunity At the same time COST of interventions is not resulting in SOCIAL OUTCOMES desired by policy makers “A framework for understanding cross sector investment” Regina Hill
and expectations of citizens for services arerising rapidly Information to support choice Engage community Seamless service No wrong door solutions that reach the need
These are variations on global challengesreshaping all sectors McKinsey “Shaping the Future Solving Social Problems through Business Strategy, Pathways to Sustainable Value Creation in 2020”
How can Social Innovation make sense ofdisparate policy streams Economic Social Innovation Capital Social Innovation Regional Community Development Strengthening
How can government can bring people &resources together PUBLIC SECTOR Those who have the Those who understand the CONNECT & resources and innovation need LEVERAGE expertise to contribute across range of policy & program areas COMMUNITY PRIVATE SECTOR SECTOR
What is the spectrum of Government activitythat can impact systems Mandate Enable Partner Endorse • Command • Enabling • Combining • Political and control legislation resources support legislation • Creating • Incubate • Publicity • Regulators Incentives and praise and • Stakeholder inspectors • Capacity engagement Building • Legal and • Dialogue fiscal • Funding Support penalties and rewards • Raising awareness • Stimulating Markets
Your ideas & experience?Objectives:What role do we wantgovernment to play insystemic change Strategies: What directions and approaches can be employed to achieve that By government? Actions: By others? What concrete steps could be taken toward that? What examples can we build on?