Nonprofits are so busy building schools, vaccinating infants, or providing medical relief that often, they simply don’t have the time for solid social media efforts. Chris Hughes, Facebook’s cofounder, has created a solution for that: a platform called Jumo.
Social innovators are usually motivated by their personal values, yet they don’t always act on them, because they are afraid it might lead to conflict. Even when they do act, it often ends badly. To remedy this, social innovators can learn how to articulate their values consistently and act on them in a way that is likely to lead to good outcomes.
Riders for Health had won international acclaim for its novel approach to maintaining health transport vehicles in sub-Saharan Africa. Yet the organization was having trouble scaling its services at its first site: Gambia. Here is how the organization won both government support and private funding for its latest innovation.
Chase Your Dream Skoll Advises Class of 2010 "Define your dream and chase it with as much rigor and authenticity as you can muster," entrepreneur and philanthropist Jeff Skoll advised Stanford Graduate School of Business 2010 graduates.
How texting became young donors’ preferred way to make charitable donations.
John Bailey, technology director of the U.S. Department of Education, calls for more understandable data interpretation and student progress tracking. Michael Woods, CEO of LeapFrog, also advocates technology as an important tool in helping students and teachers realize their educational goals.
Science writer and author Janine Benyus urged an overflow Stanford Business School audience to look to the world of nature for ways to cool buildings, collect water in the desert, keep pipes from clogging with scale, and manage air traffic. Her speech was sponsored by the School's Center for Social Innovation.
It is not easy for an organization to merge the business acumen of the corporate sector with the conscience of nonprofits. Panelists discuss learning how to balance their double bottom lines of profits and social goals.
Microlending in leprosy colonies frees residents from poverty, shame, and isolation.
Play this online game and learn social innovation strategies to solve global crises.
Over the past decade or so, the term social entrepreneur has become a fashionable way of describing individuals and organizations that, in their attempts at large-scale change, blur the traditional boundaries between the for-profit and nonprofit sectors. But let’s not overlook what traditional entrepreneurs contribute to society.
Designing social enterprises that can succeed on a national scale
Development experts have long known that educating girls is one of the surest ways to improve life for everyone in poor countries. Yet the path to school has not been smooth for many girls—especially in sub-Saharan Africa. Over the past 17 years, however, the Forum for African Women Educationalists (FAWE) has delivered high-quality education to millions of girls across 35 African countries. The secret to FAWE’s scale and impact, say its leaders, is its flexibility.
The long-term strength of our nation relies on the level of commitment we have toward innovation. Influx of talent, new mindset and new network technologies are the new convergence of innovation. President Obama must broaden the focus across and among the private, public, and nonprofit sectors—to seek and spark the most promising innovations whether they come from commercial or social entrepreneurs, executives or line workers, community leaders, public servants, researchers, or citizens who don’t fit into any of these categories.
The White House is about to announce the creation of the Office of Social Innovation.
This blog is the last of Marcia Stepanek’s coverage of the Skoll World Forum 2009 at Oxford University.
Reporting from the 6th annual Skoll World Forum for social innovation
“There’s no question: with public trust in CEOs and corporations at rock-bottom and the change mantra out of Washington [and Davos] and this week’s TED2009 still freshly potent, cause-wired social entrepreneurs have never had a better opportunity to boost traction globally for their Web-powered ideas.” - the author
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Responsible investing begins in local, underserved communities. In this education podcast, CEO Martin Eakes talks about how his organization, Self-Help, has provided almost $6 billion in financing to more than 60,000 homebuyers, small businesses, and nonprofits, and how it is serving thousands of low-income families through retail credit union branches. Eakes' presentation is an inspiring rallying cry for redirecting resources to those who can benefit the most. His talk is part of a discussion sponsored by the Center for Social Innovation.
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A critical aspect of international development and the restoration of the global economy involves fostering entrepreneurship. In this panel discussion at a conference convened by the Hoover Institute at Stanford, experts and entrepreneurs discuss what it takes to create social and educational environments in the United States and abroad that support innovation and the entrepreneurial spirit. They consider what opportunities the world crisis has opened up for major transformations in every sector of the economy.
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In turbulent times like ours, we need “hard-edged hope,” says Jacqueline Novogratz, the much-celebrated founder of the Acumen Fund. Affirming that the world is indeed a better place now than it was 40 years ago, she traces her own journey from a childhood witnessing racial inequities all around her in Detroit to a career leading the field of social impact investing. Novogratz rallies the community of Stanford business graduates to be part of the new generation of innovative problem solvers.
Jane Chen, MBA '08, has a vision of a place “babies no longer die from being cold, where people no longer die from preventable causes. And where every person has the ability to choose [his or her] own fate.”
What if games were used to solve real-world problems?
How can we design for the ripple effect so that small acts of goodness trigger big ones?
Missions of social impact and profit do not need to be opposed, say social entrepreneurs. In fact, bringing the two together in a double bottom line can create dynamic new opportunities.
Social entrepreneurship requires conscious leadership, says Whole Foods CEO John Mackey in this University podcast. Delivering a talk sponsored by the Stanford Center for Social Innovation, Mackey issues a clarion call for nothing less than "conscious capitalism," arguing that business can indeed serve more than the almighty dollar. He discusses his own company's challenges in the social enterprise arena.
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When Priya Haji put her mind to helping reduce global poverty, social entrepreneurship took a quantum leap. In this university podcast, sponsored by the Stanford Center for Social Innovation, the plucky founder of World of Good shares how she created a social enterprise that now empowers women in communities around the world by helping them sell their artisan goods in stores and online. She talks about strategies for using educated consumer choice and inspiring business competition to do good.
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When you begin to wonder - Am I in the right job? - it may be time to try social enterprise on for size. In this audio lecture, sponsored by the Stanford Center for Social Innovation, Tom Tierney shares how he threw caution - and a big salary - to the wind when he first decided to found the Bridgespan Group. He talks about his challenges, fears, and ultimately, triumphs in establishing this organization dedicated to helping nonprofits and philanthropy achieve breakthrough results.
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This case details the founding story of Kiva, with particular focus on the way that Jessica Jackley and Matt Flannery have stayed true to the original mission by telling authentic stories about entrepreneurs in East Africa, and how those stories have influenced lenders and fellows.
This case details the innovative work of business executive Tom Siebel, who launched the Meth Project in 2005 to 'unsell' meth to first time users in Montana. The program used an innovative research-based marketing campaign and has since scaled to other states.
The CEO of Gardenburger, a seller of veggie burger products and other food alternatives to meat, considers the company’s advertising strategy. He aims to take the company from the small health-food niche to the consumer mainstream.
Various economic and environmental issues face the owners of a cruise business in the Galapagos Islands. The case gives special attention to the efforts of locals to preserve and enhance their own ecotourism business prospects.
As Green as It Gets was a nonprofit economic development organization supporting small, independent producers in disadvantaged Guatemalan communities. The founder pondered how to grow and sustain the organization.
Worldstock, Overstock.com’s socially responsible initiative, which marketed handicrafts produced by developing nation artisans to the United States, was suffering losses. Some stakeholders wondered if Worldstock would be shut down or spun off if the situation did not improve.
Equity Bank, a microfinance services provider, experienced a remarkable turnaround in the early 1990s. What strategy did the CEO pursue to accomplish such a feat?
Two social ventures collaborated with each other to help expand one’s solar energy services from southern Brazil into the Amazon region. The case highlights the core factors that led to the project’s ultimate outcome.
This strategy case discusses a number of challenges facing nonprofit managers. These include establishing a sustainable and self-supporting operating model, generating corporate-sector support, and managing through a financial crisis.
Unitus focuses on accelerating the growth of the microfinance industry. This first case describes the Unitus business model for microfinance and whether or not the company should expand the capital it provides to partners through a debt or equity fund.
By the mid-1990s, a few years into Vietnam’s tentative market-oriented reforms, the country’s private sector was at a crucial point. Three owner-managers discuss their initial success in such an unreceptive setting.
Grameen Bank lent hundreds of millions of dollars to millions of poor entrepreneurs in Bangladesh. Managing Director Muhammad Yunus faced tremendous challenges brought about by political upheavals and natural disasters in this country.
This paper discusses how socioeconomic results are quantified with traditional financial measures. It briefly outlines the methodology used by the Roberts Enterprise Development Fund.
The Canadian nonprofit Lutherwood-CODA is engaged in a bold real estate project to develop a retirement community. Can the organization face a new level of financial risk associated with creating an assisted living center?
Abercrombie & Kent, a safari company, develops an ecotourism business in Kenya. The company must assess its challenges and future directions.
This seminal paper defines the term social entrepreneurship and helps shape, what was in 1998, the nascent field of social entrepreneurship.
The goal of this seminar is to investigate how social technology (e.g., blogs, websites, podcasts, widgets, community groups, social network feeds) can change attitudes and behaviors in ways that cultivate social change. We study the strategies and tactics used by companies and causes that have successfully catalyzed social persuasion.
This course focuses on the efforts of private citizens to create effective responses to social needs and innovative solutions to social problems. It equips students with frameworks and tools that will help them be more effective as a social entrepreneur.
This course explores the challenges and opportunities related to social entrepreneurship. Students study nonprofit, for-profit, and hybrid organizational forms, and examine issues from a variety of perspectives, including that of entrepreneur, CEO, funder, and board member.
Students apply engineering and business skills to design product prototypes, distribution systems, and business plans for entrepreneurial ventures in developing countries. The aim is to address challenges faced by the world's poor.
This course is designed to help students understand and manage human systems, exercise leadership, and work effectively with other people, specifically within the context of culturally diverse groups and organizations. The underlying premise is that diversity can present unique challenges and opportunities.
A grassroots student effort led by Caroline Mullen, MBA ’12, Catha Mullen, MBA ’13, and Monica Lewis, MBA ’12, now has even more impact through a merger with Pachamama Coffee Cooperative.
It was the suicide of a young man that turned Vivek Garg toward using business as a means of fostering peace and reconciliation.
The March/April edition of Stanford magazine features a profile of alumnus Jeff Skoll, one of only 20 people who've ever given away $1 billion. He hopes to engage everyone in the planet's survival by leveraging the power of Hollywood.
Yohei Iwasaki and mOasis are enabling farmers to grow more crops from less water and to cultivate previously underutilized land, producing a sustainable environment that significantly reduces food and water shortages.
Jane Chen's passion for helping others has taken her on an incredible journey from doing social work in China to founding Embrace, a company that sells premature infant incubators.
The founder of the Kashf Foundation argues that microfinance can improve the lives of Pakistan’s next generation.
Jane Chen, MBA '08, has a vision of a place “babies no longer die from being cold, where people no longer die from preventable causes. And where every person has the ability to choose [his or her] own fate.”
Unless clean tech follows well-established rules of innovation and commercialization, the industry’s promise to provide sustainable sources of energy will fail.
Venture into a Panera Cares café and you’ll see the same menu and racks of freshly baked breads that are staples at the 1,400 Panera Bread restaurants across the United States. The only thing missing is the cash register. Instead, there’s a donation box where customers pay on the honor system.
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