Stanford Sela040609

815 views

Published on

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

Stanford Sela040609

  1. 1. Bruce Cahan Ashoka Fellow Stanford Center for Internet & Society Fellow (non-resident) © 2009 Urban Logic, Inc.
  2. 2. What is a social entrepreneur? © 2009 Urban Logic, Inc.
  3. 3. What is Social Entrepreneurship? <ul><li>Whole internally: </li></ul><ul><li>Being </li></ul><ul><li>Listening </li></ul><ul><li>Thinking </li></ul><ul><li>Imagining </li></ul><ul><li>Whole externally: </li></ul><ul><li>Acting </li></ul><ul><li>Giving </li></ul><ul><li>Receiving </li></ul><ul><li>Partnering </li></ul>© 2009 Urban Logic, Inc.
  4. 4. Roles & Resources for my Day <ul><li>Whole </li></ul><ul><li>Person </li></ul><ul><li>Listening </li></ul><ul><li>Imagining </li></ul><ul><li>Acting </li></ul><ul><li>Giving </li></ul><ul><li>Receiving </li></ul><ul><li>Partnering </li></ul><ul><li>Networking </li></ul><ul><li>Challenging </li></ul><ul><li>Who am I today? </li></ul><ul><li>Professionally: lawyer, banker, government & geospatial technologist, emergency responder, infrastructure finance, conscious consumerism & urban sustainability advocate </li></ul><ul><li>Culturally: American </li></ul><ul><li>Religion: Jewish </li></ul><ul><li>Physically: Dystonia survivor </li></ul><ul><li>Family: Committed dad </li></ul><ul><li>Serial social entrepreneur </li></ul>© 2009 Urban Logic, Inc.
  5. 5. E thical banking and finance Why create a good bank? Bruce Cahan President, Urban Logic Presented at SELA: Society for Entrepreneurship in Latin America Stanford University - April 6, 2009 © 2009 Urban Logic, Inc.
  6. 6. Economics we leverage <ul><li>Ways societies distribute goods & services: </li></ul><ul><li>Exchange supported by market mechanisms </li></ul><ul><li>Redistribution by centralized political structures </li></ul><ul><li>Reciprocity by institutions of kinship & friendship </li></ul>© 2009 Urban Logic, Inc.
  7. 7. 2008 was a disaster, financially <ul><li>U.S. lost 2.6 million jobs, the most since 1945 </li></ul><ul><li>Now 7.2% Americans unemployed </li></ul><ul><li>Residential & commercial property markets collapsed 20% </li></ul><ul><li>Global stock markets lost $30 trillion (half their value) </li></ul><ul><li>U.S. stock markets lost $7.2 trillion </li></ul><ul><li>Foreclosures doubled </li></ul><ul><li>Banks slowed/stopped lending </li></ul><ul><li>$272 billion to bailout 315 banks </li></ul><ul><li>$152 billion to bailout AIG Insurance </li></ul><ul><li>25 banks failed, with more bank failures expected in 2009 </li></ul>© 2009 Urban Logic, Inc.
  8. 8. 2008 was a disaster, ethically <ul><li>U.S. Treasury demands TARP funds to help homeowners, without transparency </li></ul><ul><li>Banks & AIG use bailout funds to party, buy market share or pay bonuses </li></ul><ul><li>Car company executives jet to DC for aid </li></ul><ul><li>Bernard Madoff’s $50 billion Ponzi scheme abused the trust of Jews & non-Jews, capping 10 years when SEC failed to act </li></ul>© 2009 Urban Logic, Inc.
  9. 9. Our common ethical business roots <ul><li>Man was placed on Earth to work & protect it (Gen. 2:15) </li></ul><ul><li>Thou shalt not steal (8 th Commandment) </li></ul><ul><li>Thou shalt not deceive in business dealings nor “steal the mind” of any consumer or innovator ( Geneivat da'at ) </li></ul><ul><li>Place no stumbling block before the blind, by temptation, advertising or commerce (Leviticus 19:14) </li></ul><ul><li>Provide neither the means or bad (self-serving) advice to commit sin ( Sifra, Kedoshim, parshasa 2, perek 7 ) </li></ul><ul><li>Competition must be fair, spread out so “all fishermen have a chance to catch fish” ( Gemara ) </li></ul><ul><li>Interest must not impoverish the borrower (Lev. 25:35-37) </li></ul>© 2009 Urban Logic, Inc.
  10. 10. Intersections Inspired by TED <ul><li>Our brains are prediction machines, based on taking in and storing experience Jeff Hawkins (Palm) </li></ul><ul><li>Our physics is built on the beauty of nested layers of simple relationships Murray-Gell Mann, physicist </li></ul><ul><li>Our society is built by seeing, acting on and communicating the meaningful in your life Tony Robbins, life coach </li></ul><ul><li>Simplicity sells David Pogue (NY Times technology critic) </li></ul><ul><li>Dignity means more than wealth. Patient capital means more than charity. Jacqueline Novogratz (Acumen Fund) </li></ul><ul><li>Democratization of content is the literacy of this generation. Lawrence Lessig (Stanford Center Internet & Society) </li></ul><ul><li>Our brains respond faster to threats, drowning out hopeful news & how to use it Chris Anderson (TED curator) </li></ul><ul><li>We need to learn how to listen to 3 billion new voices on the planet, living on $2/day Jan Chipchase (Nokia principal researcher) </li></ul><ul><li>Let’s build “public spaces” worth caring about, because life is lived locally James Howard Kunstler, urban design guru </li></ul><ul><li>I want what I can’t have. I need what I don’t want...My mind won’t stop. What I Want, sung by Nora York </li></ul><ul><li>Where are you now? Kiteflyer’s Hill, sung by Eddi Reader </li></ul>08/06/09
  11. 11. The Earth is ours, in trust © 2009 Urban Logic, Inc.
  12. 12. Our Planet is Semantic Fabric <ul><li>Needs are real, but mapped retrospectively </li></ul><ul><li>Capacities are locally known, but unmapped </li></ul><ul><li>Money is a social fiction, unmapped, oddly purposely </li></ul>© 2009 Urban Logic, Inc.
  13. 13. A Simple 3-Layer World Map <ul><li>Needs Layer – regional, indigenous, dynamic </li></ul><ul><li>Capacities Layer – regional, thematic, real </li></ul><ul><li>Money Layer – $ flows from here to there </li></ul>© 2009 Urban Logic, Inc.
  14. 14. Needs Layer <ul><li>Gaps in Quality of Life </li></ul><ul><li>MILLIONS of viewpoints, apolitically </li></ul><ul><li>THOUSANDS of experts & NGO’s measures </li></ul><ul><li>An agnostic space, where statistics weighted by use & relevance to regionalism </li></ul><ul><li>= Sustainable Resiliency® </li></ul>© 2009 Urban Logic, Inc.
  15. 15. Capacities Layer <ul><li>A Wikipedia® of Solutions </li></ul><ul><li>indigenous to region </li></ul><ul><li>or applicable to its Needs </li></ul>© 2009 Urban Logic, Inc.
  16. 16. Money Layer <ul><li>Spatially-tag the money aimed at </li></ul><ul><li>Creating, redressing or anticipating Needs </li></ul><ul><li>or </li></ul><ul><li>Leveraging Capacities </li></ul>© 2009 Urban Logic, Inc.
  17. 17. Example: Foreign Aid <ul><li>80% of foreign aid is wasted or untraceable </li></ul><ul><li>Too many hands handle aid money </li></ul><ul><li>No map exists of </li></ul><ul><ul><li>Authorized foreign aid funds </li></ul></ul><ul><ul><li>Projects that foreign aid was supposed to fund </li></ul></ul><ul><ul><li>What aid money actually funded </li></ul></ul>© 2009 Urban Logic, Inc.
  18. 18. Mapping Money <ul><li>XBRL: eXtensible Business Reporting Language </li></ul><ul><ul><ul><li>coupled with </li></ul></ul></ul><ul><li>Location-Based Services </li></ul><ul><ul><ul><ul><ul><li>leading to </li></ul></ul></ul></ul></ul><ul><li>Describing social conditions (GRI) as $ impacts </li></ul>© 2009 Urban Logic, Inc.
  19. 19. After 9/11, we mapped functions © 2009 Urban Logic, Inc.
  20. 20. We have better stats on Sports © 2009 Urban Logic, Inc.
  21. 21. We have better Stats on Politics © 2009 Urban Logic, Inc.
  22. 22. Why map needs, capacities & money? Answer: To improve local conditions, faster © 2009 Urban Logic, Inc.
  23. 23. After 2,000 years, the World has become a harsher place, faster, without a brake © 2009 Urban Logic, Inc.
  24. 24. World Population (Year=0) © 2009 Urban Logic, Inc.
  25. 25. World Wealth (Year = 0) © 2009 Urban Logic, Inc.
  26. 26. World Population (Year = 1500) © 2009 Urban Logic, Inc.
  27. 27. World Wealth (Year = 1500) © 2009 Urban Logic, Inc.
  28. 28. World Population (Year = 1900) © 2009 Urban Logic, Inc.
  29. 29. World Wealth (Year = 1900) © 2009 Urban Logic, Inc.
  30. 30. World Population (Year = 1960) © 2009 Urban Logic, Inc.
  31. 31. World Wealth (Year = 1960) © 2009 Urban Logic, Inc.
  32. 32. World Population Today © 2009 Urban Logic, Inc.
  33. 33. World Birthrate Today © 2009 Urban Logic, Inc.
  34. 34. World Wealth (Year = 1990) © 2009 Urban Logic, Inc.
  35. 35. World Wealth (Year = 2015) © 2009 Urban Logic, Inc.
  36. 36. World Population (Year = 2030) © 2009 Urban Logic, Inc.
  37. 37. World Population (Year = 2500) © 2009 Urban Logic, Inc.
  38. 38. National Savings Rates © 2009 Urban Logic, Inc.
  39. 39. World Finance (Net Exporters) © 2009 Urban Logic, Inc.
  40. 40. World Finance (Net Importers) © 2009 Urban Logic, Inc.
  41. 41. The Undernourished (Year = 1990) © 2009 Urban Logic, Inc.
  42. 42. The Undernourished (Year = 2000) © 2009 Urban Logic, Inc.
  43. 43. The Blind, at birth or by disease © 2009 Urban Logic, Inc.
  44. 44. Peoples Affected by Disaster © 2009 Urban Logic, Inc.
  45. 45. Peoples touched by War 1945-2004 © 2009 Urban Logic, Inc.
  46. 46. Urbanized, living in cities © 2009 Urban Logic, Inc.
  47. 47. Urban Growth © 2009 Urban Logic, Inc.
  48. 48. Biocapacity © 2009 Urban Logic, Inc.
  49. 49. Ecological footprint © 2009 Urban Logic, Inc.
  50. 50. Life Expectancy © 2009 Urban Logic, Inc.
  51. 51. We need more ethical banks © 2009 Urban Logic, Inc.
  52. 52. We spend too much. © 2009 Urban Logic, Inc.
  53. 53. We save too little. © 2009 Urban Logic, Inc.
  54. 54. We are credit ratings. © 2009 Urban Logic, Inc.
  55. 55. We are taxpayers. © 2009 Urban Logic, Inc.
  56. 56. We are consumers. © 2009 Urban Logic, Inc.
  57. 57. We work & earn $. © 2009 Urban Logic, Inc.
  58. 58. We are borrowers. © 2009 Urban Logic, Inc.
  59. 59. We are investors. © 2009 Urban Logic, Inc.
  60. 60. We donate to charity. © 2009 Urban Logic, Inc.
  61. 61. We live to shop. © 2009 Urban Logic, Inc.
  62. 62. Banks don’t help us live. © 2009 Urban Logic, Inc.
  63. 63. Banks help us shop. © 2009 Urban Logic, Inc.
  64. 64. We strive to be good. © 2009 Urban Logic, Inc.
  65. 65. We live multi-sided financial lives, © 2009 Urban Logic, Inc.
  66. 66. disconnected © 2009 Urban Logic, Inc.
  67. 67. so as to profit others. © 2009 Urban Logic, Inc.
  68. 68. OUR spending is destroying OUR planet. © 2009 Urban Logic, Inc.
  69. 69. Credit cards help us © 2009 Urban Logic, Inc.
  70. 70. spend © 2009 Urban Logic, Inc.
  71. 71. mindlessly, © 2009 Urban Logic, Inc.
  72. 72. regardless of impact. © 2009 Urban Logic, Inc.
  73. 73. Are banks ethical? © 2009 Urban Logic, Inc.
  74. 74. Too often, banks fund © 2009 Urban Logic, Inc.
  75. 75. pollution, © 2009 Urban Logic, Inc.
  76. 76. war, © 2009 Urban Logic, Inc.
  77. 77. poverty, © 2009 Urban Logic, Inc.
  78. 78. poor health, © 2009 Urban Logic, Inc.
  79. 79. subprime mortgages, © 2009 Urban Logic, Inc.
  80. 80. BIG BONUSES! © 2009 Urban Logic, Inc.
  81. 81. WHAT ABOUT ETHICS? © 2009 Urban Logic, Inc.
  82. 82. COULD A BANK BE ETHICAL? © 2009 Urban Logic, Inc.
  83. 83. Surely, a bank can be ethical! © 2009 Urban Logic, Inc.
  84. 84. An ethical bank would © 2009 Urban Logic, Inc.
  85. 85. have the integrity to admit & fix mistakes, © 2009 Urban Logic, Inc.
  86. 86. help, not hurt, © 2009 Urban Logic, Inc.
  87. 87. use credit to reward seeking ethical choices, © 2009 Urban Logic, Inc.
  88. 88. use financial services to grow sustainability, © 2009 Urban Logic, Inc.
  89. 89. reverse threats to indigenous peoples, cultures and regions. © 2009 Urban Logic, Inc.
  90. 90. I am building an ethical bank, © 2009 Urban Logic, Inc.
  91. 91. [see www.GoodBank.info/w] © 2009 Urban Logic, Inc.
  92. 92. starting © 2009 Urban Logic, Inc.
  93. 93. in Silicon Valley © 2009 Urban Logic, Inc.
  94. 94. and going to © 2009 Urban Logic, Inc.
  95. 95. NYC, © 2009 Urban Logic, Inc.
  96. 96. DC, © 2009 Urban Logic, Inc.
  97. 97. Miami, © 2009 Urban Logic, Inc.
  98. 98. Europe. © 2009 Urban Logic, Inc.
  99. 99. We will use technology © 2009 Urban Logic, Inc.
  100. 100. to © 2009 Urban Logic, Inc.
  101. 101. harmonize data into © 2009 Urban Logic, Inc.
  102. 102. Sustainable resiliency® © 2009 Urban Logic, Inc.
  103. 103. as a regional credit rating, © 2009 Urban Logic, Inc.
  104. 104. The Means Meter® © 2009 Urban Logic, Inc.
  105. 105. to help shop ethically, © 2009 Urban Logic, Inc.
  106. 106. Procurement visualization © 2009 Urban Logic, Inc.
  107. 107. so social entrepreneurs © 2009 Urban Logic, Inc.
  108. 108. and nonprofits © 2009 Urban Logic, Inc.
  109. 109. can compete for © 2009 Urban Logic, Inc.
  110. 110. government contracts, © 2009 Urban Logic, Inc.
  111. 111. and other technologies © 2009 Urban Logic, Inc.
  112. 112. like FaceBook® & Wikipedia® © 2009 Urban Logic, Inc.
  113. 113. so ethical people © 2009 Urban Logic, Inc.
  114. 114. can use money to © 2009 Urban Logic, Inc.
  115. 115. see and reach © 2009 Urban Logic, Inc.
  116. 116. their ethical goals © 2009 Urban Logic, Inc.
  117. 117. TODAY! © 2009 Urban Logic, Inc.
  118. 118. earning © 2009 Urban Logic, Inc.
  119. 119. cash-back rewards © 2009 Urban Logic, Inc.
  120. 120. cheaper interest rates © 2009 Urban Logic, Inc.
  121. 121. while helping to grow © 2009 Urban Logic, Inc.
  122. 122. social enterprises & © 2009 Urban Logic, Inc.
  123. 123. sustainable resiliency ® © 2009 Urban Logic, Inc.
  124. 124. in regions they cherish. © 2009 Urban Logic, Inc.
  125. 125. We will use © 2009 Urban Logic, Inc.
  126. 126. Semantic Web © 2009 Urban Logic, Inc.
  127. 127. Mobile Web © 2009 Urban Logic, Inc.
  128. 128. financial literacy tools © 2009 Urban Logic, Inc.
  129. 129. across the SC: Eco © 2009 Urban Logic, Inc.
  130. 130. [Social Capital Ecosphere]. © 2009 Urban Logic, Inc.
  131. 131. Our bank branches © 2009 Urban Logic, Inc.
  132. 132. will feel different. © 2009 Urban Logic, Inc.
  133. 133. Instead of human ATMs, © 2009 Urban Logic, Inc.
  134. 134. our branches will feel © 2009 Urban Logic, Inc.
  135. 135. like Apple® Stores © 2009 Urban Logic, Inc.
  136. 136. where friends seek © 2009 Urban Logic, Inc.
  137. 137. financial literacy © 2009 Urban Logic, Inc.
  138. 138. to see, learn & improve social impacts. © 2009 Urban Logic, Inc.
  139. 139. An ethical bank © 2009 Urban Logic, Inc.
  140. 140. incubates change. © 2009 Urban Logic, Inc.
  141. 141. We are surrounded by change agents: © 2009 Urban Logic, Inc.
  142. 142. Ashoka © 2009 Urban Logic, Inc.
  143. 143. IDEO © 2009 Urban Logic, Inc.
  144. 144. McKinsey © 2009 Urban Logic, Inc.
  145. 145. Hill & Knowlton © 2009 Urban Logic, Inc.
  146. 146. Promontory Financial © 2009 Urban Logic, Inc.
  147. 147. Weil Gotshal & Manges © 2009 Urban Logic, Inc.
  148. 148. Please join us. © 2009 Urban Logic, Inc.
  149. 149. Questions? © 2009 Urban Logic, Inc.
  150. 150. Bruce Cahan [email_address] Wiki: Goodbank.info/w © 2009 Urban Logic, Inc.

×