Some Random Things I’ve Learnt
• Social Issues are similar everywhere • Challenges faced by Social Orgs are similar too • Meaningful rather than process models make for successful replication • Long-term programs transform lives • Co-Creation and User Centric Design is critical • Cooperatives can be powerful development tools • Safeguarding through policy is often a necessary step
• Self financing developmental agency
i.e. Businesses that will upgrade and replace NGOs • Entities that can effectively manage profit agendas vs. social improvement • Alleviate poverty at the ‘base of the pyramid’ • Can change lives through one simple point of focus • Can transform the world fast and profitably In theory
In the Real World •
Usually Non Profits with revenue streams • Often take 10+ years to become sustainable • Best suited for product or packaged-service ‘innovations’ • Deal with low income rather than extreme poor • Generally improve quality of life rather than alleviate poverty or result in any long term transformation • Struggle to address the full scale of any problem due to their need and pressure to stay proprietary • Real transformation involves addressing complex factors over long timeframes, which is typically difficult to finance simply by revenue generation.
Traditional NGOs Hybrids Commercial Businesses
Social Businesses (S.E.) Co-operatives Non profit with endowment Non profit with revenue streams Non profit with trading arms Hybrid value Chains Ethical Business (Fair Trade) Businesses w/ Foundations Businesses w/ CSR Community Interest Companies Social Landscape Most common forms of S.E.
“Our low cost products and
services in India provide access to educational apps and games for children, reduce exploitation through access to real time pricing, improve production through access to weather information, improve medical care through access to health management updates…”