By now it is crystal clear for me that I want to help people. I have understood where this will comes from and know I need to translate it into a plan of actions. Before I start explaining this plan I would like to point out that 'making a living by making a difference' isn't just about giving but also receiving. Now it is scientifically proven, solidarity acts on brain chemistry like avitamin of health and personal fulfillment. This brings me to Rousseau's 'Social Contract' in which the author declares “Man was born free, and he is everywhere in chains” and also to the word crisis (from the Greek – krisis) that also means 'testing time'. Let's make use of the ability to attune ourselves with others (empathy, compassion) and the willingness to help (supportive gestures) – that seem to be intrinsic to human nature – to rethink our future and build a society that promotes cooperation.
Social Business Talks
Tuesday, 11 September 2012
I've got a plan!
By now it is crystal clear for me that I want to help people. I have understood where this will comes from and know I need to translate it into a plan of actions. Before I start explaining this plan I would like to point out that 'making a living by making a difference' isn't just about giving but also receiving. Now it is scientifically proven, solidarity acts on brain chemistry like avitamin of health and personal fulfillment. This brings me to Rousseau's 'Social Contract' in which the author declares “Man was born free, and he is everywhere in chains” and also to the word crisis (from the Greek – krisis) that also means 'testing time'. Let's make use of the ability to attune ourselves with others (empathy, compassion) and the willingness to help (supportive gestures) – that seem to be intrinsic to human nature – to rethink our future and build a society that promotes cooperation.
Monday, 11 June 2012
Redefining Capitalism Through Design Thinking and Creating Shared Value
CSR functions as an built-in self-regulated mechanism aiming at covering the responsibility of a company's actions and promote a positive impact through their activities on environment, consumers, employees, communities, stakeholders and all other members of the public sphere that can also be considered as stakeholders.
Two decades of incentives on consumers to buy more and more, increased competition, the short-term pressure from shareholders has led to waves of restructuring, downsizing and relocating businesses to low-costs regions resulting in commoditization, price competition, little innovation, slow organic growth, and the loss of a clear competitive advantage. Communities where businesses operate eventually receive little benefit, even as MNCs profits increase.
A business needs a successful community, not only to create demand for their products, but also to provide essential public goods and infrastructure support. A successful community needs businesses to provide jobs and wealth creation opportunities for its citizens.
Shared Value Creation (CSV), which focuses on the relationship between economic and social progress, is inevitable and might probably trigger the next wave of global growth. As governments and NGOs, companies should also focus on solving social problems. This will require cross-sector collaborations - nonprofit, public, for profit- and the creation of new organizational hybrid models.
There are three main strategies to create shared value: reconceiving products, services and markets, redefining productivity in the value chain and enabling the development of local clusters.
At Soulsight, we use design thinking to understand the needs of people, and from a broader perspective, to solve social problems. We do this by collaborating with different types of organizations from different sectors and co-developing new services and organizational models. In a context of crisis, our human centered approach is a predominant response to value creation. Therefore, it seems natural to put our holistic and creative process at the service of CSV, as it is fundamentally aligned with the purpose of Soulsight: make our world a better place!
Still, there is a significant lack of structure as companies are still trapped in the old mind-set, believing that social problems must be addressed in the periphery of their business models and not at the center. However, the concept of CSV, has attracted a growing number of MNCs such as General Electric, Google, IBM, Intel, Johnson & Johnson, Nestle, Unilever and Wal-Mart as they sense it can be competitive advantage of the future.
So... what are you doing?
Thursday, 12 May 2011
Bienestar - Reverse engeneering a Business Plan
Tuesday, 10 May 2011
What is a Holistic Social Business Movement according to the Grameen Creative Lab?
GSBS 2010 Day 2 Governer of Caldas from The Grameen Creative Lab on Vimeo.
Let's step back and breakdown this appealing "Holistic Social Business Movements" (HSBM) title so that we all start from the same page.
Holistic: emphasizing the importance of the whole and the interdependence of its parts.
Social: concerning or belonging to the way of life and welfare of people in a community.
Business: an industrial, commercial, or professional operation; purchase and sale of goods and services.
Movement: a series of actions and events taking place over a period of time and working to foster a principle or policy.
The idea is to focus on a region and create the right environment in which social businesses can thrive while having the unique goal of eradicating poverty in a whole region through different aspects of social business (SB).
After some early experience and valuable knowledge, the Grameen Creative Lab (GCL) has established a logical progression which seems to be based on three steps. First step is the creation of a micro finance network served by the Grameen Bank. Second step is the development of social businesses with special focus on SMEs. Third step is the establishment of the HSBM creating impact on a whole region through social business.
In theory the challenge of creating a self-sustainable ecosystem that supports social development works flawlessly. On the one hand, considering professor Yunus's 7 principals, the capital initially invested for the birth of social businesses is payed back to investors and reinvested for the creation of other social businesses forming an ongoing cycle. On the other hand many ideas need to be generated so pilot testing can be done and social businesses can be reviewed and redesigned. This is precisely what the D4SB team is going to do by collaborating with GCL and going to Caldas (Colombia) from the 16th of May to the 4th of June 2011.
The way I see it is that SB networks have many players, therefore how will it be possible to evaluate something that is inside a such complex network? How to measure social impact and its evolution? And how to know if the chosen path is the correct one? These are some of the first questions which I'm guessing some might be answered with some practical experience.
So let's start designing and redesigning social business!
Building social business
The book outlines the important contribution of ‘social businesses’ in solving social issues that couldn’t be overcome via traditional models, giving examples and case studies of big corporations that embraced the concept and tried to give some answers to several social challenges of nowadays. But it reaches also the entrepreneurial spirit of each of us animated with idealistic dreams of changing something within the fixed structure we live in, by initiating small social businesses where there is need and dedicate time and energy to a cause worth fighting for.
It’s a new idea turning into a business that has 7 principles at the core:
- A social objective.
- Financial and economic sustainability.
- Investors get back only their original investment.
- Profit stays within the company for expansion.
- The company will be environmentally conscious.
- The workforce is better paid that standard conditions.
- It will always be done with joy.
All 9 chapters deal with how to launch a social business, legal and financial frameworks underpinning a social business, creating the infrastructure for successful growth within a social business, and some of the problems in establishing and scaling a social business.
I am still figuring out what it works and what should be changed in the model, but I think that we should stick to the best part of it: let’s believe and try to build a world we feel happy about!