UK Case study on Social Innovation - Designing Eco-systems for Social Innovation
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Transcript of UK Case study on Social Innovation - Designing Eco-systems for Social Innovation
Social Innovation in Business Charmian Love, Chief Executive of Volans
International Symposium on Designing Ecosystems for Social Innovation 6 September 2011, Tokyo (Japan) 1 Copyright © Volans 2011
Agenda
1 The imperative for social innovation
2 The social innovation ecosystem and Volans’ role
3 The business case for social innovation – some examples
4 Pathways to scale
International Symposium on Designing Ecosystems for Social Innovation 6 September 2011, Tokyo (Japan) 2 Copyright © Volans 2011
Where are we?
3 Copyright © Volans 2011 International Symposium on Designing Ecosystems for Social Innovation 6 September 2011, Tokyo (Japan)
2011: A pivotal year?
International Symposium on Designing Ecosystems for Social Innovation 6 September 2011, Tokyo (Japan) 4
Jan Feb Mar Apr May Jun Jul Aug
Arab spring
Japan earthquake
EU countries in debt
Bin Laden assassination
US downgraded by S&P
US heat wave
Norway killings
Riots in UK
Copyright © Volans 2011
5 Copyright © Volans 2011
The traditional social intervention ecosystem
International Symposium on Designing Ecosystems for Social Innovation 6 September 2011, Tokyo (Japan) 6
Design and delivery of social programmes by a range of NGOs and charities
Policy-makers Funders Individuals
Beneficiaries
Businesses
Corporate volunteerism, philanthropy & social responsibility
Individual Volunteerism & philanthropy
Programme-based grants
Policy frameworks & regulations
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The social innovation ecosystem
International Symposium on Designing Ecosystems for Social Innovation 6 September 2011, Tokyo (Japan) 7
Policy-makers Social finance Businesses
Beneficiaries AND consumers in new markets
Intermediaries
Capacity building,
brokerage and benchmarking
Strategic partnerships & new product/service lines
Range of grants, loans &
investments
Bottom-up solutions &
results-focused intervention
Shift from handouts to innovative market-based solutions
Public
Volunteerism, philanthropy &
ethical investments
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Introduction to Volans
8
Volans is a future-focused business working at the intersection of the sustainability, entrepreneurship and innovation movements.
We serve as a thought leader, broker and developer between innovators, businesses, investors and governments to scale social and environmental change.
Our Team
Founded in 2008 by John Elkington, Geoff Lye and Pamela Hartigan, our team holds decades of experience working globally with the private sector, public sector and entrepreneurs.
International Symposium on Designing Ecosystems for Social Innovation 6 September 2011, Tokyo (Japan) Copyright © Volans 2011
Our role in the social innovation ecosystem
Volans creates opportunities and interfaces for social innovators and other stakeholders in the ecosystem to work in partnership to scale social/environmental change and impact.
International Symposium on Designing Ecosystems for Social Innovation 6 September 2011, Tokyo (Japan) 9
Volans
Entrepreneurs & innovators
Businesses
§ Brokering of strategic partnerships
§ Bespoke programme development
§ Strategy consulting and advisory
§ Thought leadership
§ Learning and training
Investors Governments
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Going beyond CSR and philanthropy"Engaging the C-Suite
International Symposium on Designing Ecosystems for Social Innovation 6 September 2011, Tokyo (Japan) 10 Copyright © Volans 2011
The business case for social innovation"Successful examples (1)
• Health initiatives – Counterfeit drug detection – Malaria monitoring – Health monitoring
• Education initiatives – STEM education
– Supporting entrepreneurship
• Based on effective partnerships with social innovators globally
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Develop new products and services Enter previously untapped markets
• Committed to ensure accessibility of drugs in poor countries
– Promise to keep prices to no more than 25% in rich countries
– Reinvest 20% of profits in local economy
• Released open patent pool on effective chemicals against neglected diseases
Hewlett Packard’s Office for Global Social Innovation
GlaxoSmithKline
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The business case for social innovation"Successful examples (2)
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Attract, engage & inspire employees
• Operational Excellence (OPEX)
• Pairs talented Allianz employees with high impact social enterprises globally
• Address process and operational challenges
• Mutually beneficial partnership
Allianz’s Social OPEX Programme
• Concept of sustainable growth in terms of social and environmental impact
- Improve health and well-being - Halve environmental footprint - Enhance livelihoods across supply chain
• Perceived as outright leader in sustainability1
Unilever’s Sustainable Living Plan
Differentiate from competitors
1 The Sustainability Survey 2011, GlobeScan and SustainAbility
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The challenge of scale
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Volans’ Pathways to Scale Model
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www.volans.com
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