“You should care about profit if you want to end poverty. Impact investing allows us to be whole people…we can get beyond the division between money and meaning and pursue both simultaneously.”
UNICEF Innovation, global product strategy and design firm frog, and technology leader ARM Holdings have partnered together to launch the Wearables for Good challenge. Accompanied by a Use Case Handbook created by UNICEF and frog, the challenge invites the global design, technology, business and social communities to identify and develop solutions for areas where wearable devices can generate tremendous social good.
The challenge will run over six months, with winners receiving a cash and idea incubation prize package to be supplied by the three challenge partners (UNICEF, ARM and frog), plus incremental incubation prizes from contributing partners who will be engaged over the coming months.
Read more about it here: http://wearablesforgood.com/application-form/
The discussion about the difference between ‘social’ entrepreneurs and entrepreneur often comes up. The simplest explanation we have is that in business social entrepreneurs lead with their mission first. They understand this intuitively, but are often unable to articulate why the distinction is important. To be clear, the distinction is important – at least for now.
The importance of a label to differentiate oneself from the status quo can be a powerful tool – it may also be a hindrance. It’s up to each person individually to decide if they want the title or not. And if they do, the simplest description is that a social entrepreneur acts first based on their vision. In essence, they act on their why before all else.
For more reading see Simon Sinek, Start With Why: https://www.youtube.com/watch?v=sioZd3AxmnE
Huff Post article To Create a Powerful Vision, Ask Why: http://www.huffingtonpost.com/alex-budak/to-create-a-powerful-vision-ask-why_b_7216628.html
The new generation of entrepreneurs has a strong attraction to social entrepreneurship. It’s a way to feel the resonating impact of doing something good for the world while turning a profit.
But while the number of social entrepreneurs has grown rapidly in the past decade, their efforts are scattered and often fail to reach a critical mass. It’s not due to a lack of enthusiasm; they often simply forget to apply their private-sector knowledge to the nonprofit world.
A big part of fulfilling that mission comes from having an actionable plan. After all, any venture’s success hinges on being able to carefully define a realistic goal. I’ve given a lot of thought to this because I’m passionate about easing the heavy impact of chronic diseases around the world. But despite my gusto, I’m still just one person. So I linked up with the Clinton Global Initiative. Right away, I was able to connect with people who are experienced in solving problems on a global scale. But more than that, I was exposed to its unique model, where people are driven by their commitment to action — a focused, defined assignment that they develop strategies around.
And this has made all the difference.
Read more here.
A new type of economy that emphasizes doing business with purpose is emerging. It’s called the Purpose Economy. The Purpose Economy prioritizes society, the environment, relationships, personal growth, and the environment.
This new economy emphazises the importance of working with purpose, not only profit, to create a more social and environmental way of doing business.
The move to the Purpose Economy is underway. Reaching it can be hard. Make Meaning exists to help individuals and businesses navigate and adapt to this emerging way of doing business.
Make Meaning is a new generation consulting firm specializing in creating meaning and value from a changing economy.
The Emergence of Peerist Synergism
There are any number of areas where emergence is occurring such as in nanotechnology, micromanufacturing, economics, politics, and thus the term emergence takes on near metaphysical force, though I do not intend something on the order of the dialectical materialism which Bertrand Russell put to rest in his essay by the same name.
Here I want to add that I think what is emerging in the current or near future time, which is a peerist synergism which comes right out of P2P and the hackers of the 1980s and 1990s, and the tremendous development in information-communication technologies and then the 3D printers which were proprietary at the time. The astounding achievement of hacker communities was to make horizontal knowledge systems emergent due to connectivity, open design, open hardware and on up to the present more sophisticated forms such as Arduino, the Maker Movement, Occupy, and Wikispeed.
These were peerist systems almost completely outside of the official system and have developed to include three major points: free association or the honor of human liberty, peer review which maintains excellence, and commons-based peer production particularly in micromanufacturing, design, knowledge, and code.
“Live as if you were living already for the second time and as if you had acted the first time as wrongly as you are about to act now!” ~ Viktor Frankl