The Power The Power ofof

Social InnovationSocial InnovationTim Glynn BurkeTim Glynn Burke

Congresso Internacional Congresso Internacional de Inovaçãode Inovação

November 17, 2010November 17, 2010

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High School Dropout Crisis Single Parent Households

Crime & Recidivism Safety Net Stretched

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Wall Street Journal, September 16, 2010

“Millionaire Population Soars — Again”

•8% increase in # households with investible assets of $1 million+ in previous year•5.55 million U.S. households with $1 million+•17% increase in # households with $10 million+ to invest

Wall Street Journal, September 17, 2010

“Lost Decade for Family Income”

•44 million in poverty nationwide, 1 in 7 (14%)•15 year high •Almost ¼ of children under 6 living in poverty•25% poverty rate for African Americans and Latinos

$PENDING UP

REVENUE$ DOWN

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More than Money:Limitations of government

Struggling every day just to stay above waterModern problems too complex for traditional

hierarchial approachHesitance to consult citizens; curse of

professionalism

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Mark MooreHauser Professor of Nonprofit Organizations

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Stephen GoldsmithDaniel Paul Professor of Government

The Shape of Government is Changing (Cont.)

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Family Independence Initiative: Rebuilding and Strengthening a Sense of Community

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Celso Athayde

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Photo Credit: Karen Costa

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Photo credit: Paulo Heuser

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Monitor and New Profit: Innovation as Management Expertise

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Wireless Generation: Innovation as New Technology

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Taproot Foundation: Innovation as New Pipeline for Volunteer Goodwill

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Fresh Food Financing Initiative: Innovation as Civic Realignment

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“How can a community advance social innovation

and reform?”

COLLABORATION

PUBLIC ENGAGEMENT

DISRUPTION

EXECUTIVE LEADERSHIP

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Collaboration

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Disruption

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ExecutiveLeadership

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Participation

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COLLABORATION

EXECUTIVE LEADERSHIP

PUBLIC ENGAGEMENT

DISRUPTION

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Action Steps for Business: As Providers (Supply Side)

1. Partner with innovator to infuse organization with management expertise: Monitor/New Profit

2. Business with a social mission: Innovate yourself a new technology/innovation: Wireless Generation

3. Business with a social mission: absorb some of the risk for helping marginalized communities access mainstream markets (Fresh Food Financing]

4. Allow employees to volunteer as part of their paid time (Taproot)

5. As board members bring your business acumen and insistence on results to the table

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Action Steps for Business: Create Opportunities (Demand Side)

1. Advocate for innovation and reform among government and civic leaders

2. Insist on measurable results in your charitable dollars CSR efforts. Operating in a business environment, you understand the discipline of the market.

3. Develop new digital media platforms for connecting donors to recipients, for informing the public of social challenges, for offering clients an opportunity to offer feedback on services

4. Help Identify and incubate best local ideas and/or help Identify and Import Best National Models

5. Offer a match of private dollars to create a government or quasi-government Innovation/Venture Fund

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www.powerofsocialinnovation.com

Thank you…

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