Successfully reported this slideshow.
Co-creation	<br />By Prasanna<br />
Co-creation	<br />Is it new??<br />Just got Re-introduced in the business, thanks to Prahalad<br />
Values<br />Cocreation is a value not just a strategic decision<br />Transparency<br />Respect<br />Inter-dependency<br />...
What is Social Entreprise<br />Can be profit or non profit<br />Should exchange goods / service for a financial value<br /...
What can be co created<br />Product<br />Process<br />People<br />Profit<br />
Product<br />Product by Bottom of the Pyramid<br />Regular goods and services aimed at main stream market.<br />Eg: self h...
Process<br />All SES lack process.<br />How can we help in their process;<br />Compliance to legal, quality and environmen...
People<br />It means to build capacities of the people at both ends<br />Sharing and transfer of knowledge<br />Creating a...
Co-creating Profit<br />Utilizing profits.<br />Begins with pricing, inclusive pricing<br />Co owners<br />Creating profit...
Possibilities of co-creation <br />Co-creation possibilities<br />First to see every one as potential partner<br />Providi...
Challenges<br />Purpose is different. Wealth maximisation Vs People maximisation<br />SEs have aversion for more profits<b...
Some useful tips for successful partnerships with SHGs<br />Understand the aspiration level<br />Remember it their busines...
Thank you<br />
Upcoming SlideShare
Loading in …5
×

Co-creation Models

503 views

Published on

P

Published in: Business, Education
  • Be the first to comment

Co-creation Models

  1. 1. Co-creation <br />By Prasanna<br />
  2. 2. Co-creation <br />Is it new??<br />Just got Re-introduced in the business, thanks to Prahalad<br />
  3. 3. Values<br />Cocreation is a value not just a strategic decision<br />Transparency<br />Respect<br />Inter-dependency<br />Inclusion<br />People over profit<br />
  4. 4. What is Social Entreprise<br />Can be profit or non profit<br />Should exchange goods / service for a financial value<br />Collective profit<br />The business has strong social relevance and benefits the bottom of the pyramid<br />Any other???<br />
  5. 5. What can be co created<br />Product<br />Process<br />People<br />Profit<br />
  6. 6. Product<br />Product by Bottom of the Pyramid<br />Regular goods and services aimed at main stream market.<br />Eg: self help groups, trade unions.<br />c. Challenges are competing in the crowded market.<br />d. NGO plays a vital role.<br />Product for Bottom of the pyramid.<br />Eg:Arvind Eye hospital, Raingun, Micro finance products<br />Product aimed at mass poor<br />Challenge is making it a marketable product.<br />Innovation is the key differentiator<br />Technology/Knowledge plays vital role<br />
  7. 7. Process<br />All SES lack process.<br />How can we help in their process;<br />Compliance to legal, quality and environment standards<br />Egreg as companies, raising capitals etc<br />Evolving management principles<br />Including them in your process:<br />Strong corporate governance.<br />Making them participate as customers, beneficiaries, owners<br />
  8. 8. People<br />It means to build capacities of the people at both ends<br />Sharing and transfer of knowledge<br />Creating atmosphere of empathy<br />Training and development<br />Volunteering<br />Creating leaders<br />
  9. 9. Co-creating Profit<br />Utilizing profits.<br />Begins with pricing, inclusive pricing<br />Co owners<br />Creating profits for others<br />Partnership<br />Investment in social assets<br />
  10. 10. Possibilities of co-creation <br />Co-creation possibilities<br />First to see every one as potential partner<br />Providing capital<br />Adding them in your value chain<br />Investing in research consciously to include them.<br />Training and development.<br />Designing product with marketable features<br />Marketing and communication<br />Financial management<br />
  11. 11. Challenges<br />Purpose is different. Wealth maximisation Vs People maximisation<br />SEs have aversion for more profits<br />Not all enterprises are entrepreneurial nature. Some of them are just to create livelihood.<br />Working as equals<br />
  12. 12. Some useful tips for successful partnerships with SHGs<br />Understand the aspiration level<br />Remember it their business not yours so don’t push hard<br />Be Open to failure as well<br />Find and work with entreprenuerial woman doesn’t matter if the group doesn’t work<br />
  13. 13. Thank you<br />

×