Showing posts with label social-entrepreneurship. Show all posts
Showing posts with label social-entrepreneurship. Show all posts

Tuesday, April 28, 2009

Spending a few minutes of Caring (again) about Social Enterprise -

One of the original pathways to be explored through this blog was Social Entrepreneurship. I have not explored this area to any great extent for some time, but below are some links I ran across over the last few months. Even though my other blog focuses on the United Nation Millennium Development Goals, it will still be Social Entrepreneurs who will come up with many if not most of the on-the-ground solutions.

Sam Davidson back on February 9, 2009 wrote about being On Board the Social Enterprise.

He links to Wikipedia for a definition of social entrepreneurship and provides one of his own.

This rapidly growing sector is comprised of businesses, individuals and organizations who are actively working to make the world a better place by making sure that they contribute to positive social actions and ideas such as the triple bottom line.
He recommended spending five minutes today reading about social entrepreneurship, and finding a social enterprise to support.

I haven't touched upon this area for a good long while and so will hopefully be spending more than 5 minutes exploring what is out there. Sam uses Wikipedia again to define the triple bottom line. Here is another one from the Dictionary of Sustainable Management.

An addition of social and environmental values to the traditional economic measures of a corporation or organization's success. Triple Bottom Line accounting attempts to describe the social and environmental impact of an organization's activities, in a measurable way, to its economic performance in order to show improvement or to make evaluation more in-depth. There are currently few standards for measuring these other impacts, however. The phrase was coined by John Elkington, co-founder of the business consultancy SustainAbility, in his 1998 book Cannibals with Forks: the Triple Bottom Line of 21st Century Business.

The are a number of other definitions, one featured on my other blog is What is a Social Entrepreneur? | Ashoka.org

Social entrepreneurs are individuals with innovative solutions to society’s most pressing social problems. They are ambitious and persistent, tackling major social issues and offering new ideas for wide-scale change.

Social Entrepreneurship from the Free Management Library

"Nonprofits have to recognize that they're businesses, not just causes. There's a way to combine the very best of the not-for-profit, philanthropic world with the very best of the for-profit, enterprising world. This hybrid is the wave of the future for both profit and nonprofit companies."-- From "Genius At Work" - an interview with Bill Strickland, CEO of the Manchester Craftsmen's Guild and the Bidwell Training Center Inc.

Social Entrepreneurship - Change.org provides a Primer on Social Entrepreneurship

That said, it's possible to paint a broad outline of the field based on current practices. Organizations driven by social entrepreneurs (often referred to as "social enterprises") tend to draw strategies from both the for-profit and non-profit sectors and often harness specific economic opportunities in their pursuit of social value. They employ earned income strategies to fund their activities, emphasize social impact measurement, and generally focus on achieving "scale," or adapting their model to a variety of contexts. Perhaps most importantly, social entrepreneurs tend to desire not only to meet a specific social need, but change the way those needs are met, in general.

There is a tremendous amount of information out there on the Web, it is just a matter of getting the time to get to it and digest it.

Monday, March 23, 2009

Entrepreneurship Opportunities through Science

I have been digging through my older and almost forgotten pending draft posts and found some that I still think worthwhile posting. Sometime ago, November 2, 2008, JANET RAE-DUPREE wrote in the Unboxed feature of the New York BUSINESS section Times warning us that It's No Time to Forget About Innovation. The main point of the article and the book is that we need to do some long term thinking. This blog allows me to do some meta-thinking about many of the issues discussed in my Milestones for a New Millennium, as well as those being dealt with in my real life/day job such as economic, entrepreneurship, social-entrepreneurship and innovation.

The sour economy is bad news for corporate innovation and technology, and it could spell trouble for years to come.
“We’re focusing on the short term and we’re not planting the seeds for the future,” says Judy Estrin, former chief technology officer at Cisco Systems and author of “Closing the Innovation Gap.” She suggests instilling five core values to entrench innovation in the corporate mind-set:
  1. questioning,
  2. risk-taking,
  3. openness,
  4. patience and
  5. trust.
All five must be used together — risk-taking without questioning leads to recklessness, she says, while patience without trust sets up an every-man-for-himself mentality.

That still leaves open the question of how do we take the innovative idea on the napkin to commercialization in the market place? These video from MIT World » : Innovation to Commercialization: Using Government Funding to Kick Start Your Start-Up provide some possible pathways.

ABOUT THE PANEL DISCUSSION: Hosted by the MIT Enterprise Forum, moderator Bruce Gellerman elicits some key dos and don’ts from a National Science Foundation small business program officer, and from tech CEOs who have benefited from the government’s programs.

The MIT Enterprise Forum, Inc. builds connections to technology entrepreneurs and to the communities in which they reside. The Enterprise Forum produces a series of educational programs about entrepreneurship through a network of 24 worldwide chapters. Anyone interested in or involved with technology entrepreneurship is welcome to participate and join together to form the Enterprise Forum community.

The primary objective of the NSF SBIR/STTR Program is to increase the incentive and opportunity for small firms to undertake cutting-edge, high risk, high quality scientific, engineering, or science/engineering education research that would have a high potential economic payoff if the research is successful.

Saturday, October 18, 2008

Activist Bringing About Change Through Disruption (Social and Economic)

I am posting on this subject here before dealing with it over at my other blog Milestones for a New Millennium. This blog allows me far more philosophical latitude, making it more of a learning tool for me, and I am still exploring these concepts.

The question is whether it is possible to create economically sustainable enterprises that help the billion at the bottom of the economic ladder in a uber-consumer world? It seems obvious that efforts to break into a market will require innovation, but are the cards so stacked that such efforts are hopeless, especially in fields such as Healthcare? After watching this talk by Clayton Christensen, I am going to say no, that a sustainable social-entrepreneurial model is very viable.
To my mind, this is closely tied with the the concept of creative-destruction. I don't, taking counsel from Robert Solow, see its founding proponent, Joseph Schumpeter as the savior of 21st century economics as some do, and especially not of activists seeking change through social enterprise,.

Which brings us to the "democracy" in Schumpeter's title. He was not a democrat by instinct or by reflection. He had little confidence in the ability of the average citizen to vote intelligently...

At the same time Solow saw that Schumpeter realized that:

Anyone can invent a new product or a new technique of production. The entrepreneur is the one who first sees its economic viability, bucks the odds, fights or worms his way into the market, and eventually wins or loses. Each win means profit for the entrepreneur and his backers, and it also means a jog upward for the whole economy. In the course of this process, which cannot possibly run smoothly, many businesses, individuals, and institutions, themselves founded on earlier successful innovations, will be undermined and swept away. Schumpeter called this birth-and-death process "creative destruction," and realized before anyone else that it was the main source of economic growth.

Creative-destruction is still a useful means, more descriptive than prescriptive, of looking at the world. The disagreement is with what actions we take with that knowledge. What disruptive innovations allow social-entrepreneurs is a means of striving in the world without having to beat the leading-edge of established corporations.

Other posts on creative-destruction
Creative-Destruction, Entrepreneurship And Innovation
The Awards And Risks of Innovation: Embracing Destruction And Creation
Consumerville USA Versus Creatorville USA

Tuesday, July 15, 2008

The Killing Of Africa Through Good Intentions Or Not So Good Intentions?

One of the broadest and most devastating economic issues currently is the food crisis. Not losing sight of the seriousness of the topic, it is still a source of debate between economic philosophies. Capitalist-oriented publications such as the Economist or the Financial Times weigh in on their perspective. FT.com The Economists’ Forum Food crisis is a chance to reform global agriculture. I will confess to basically following this philosophical perspective with perhaps a more liberal take on the issues. Liberal though can be a negative label from both ends of the economic/political continuum.

diigo tags: economics, poverty


Of the two crises disturbing the world economy – financial disarray and soaring food prices – the latter is the more disturbing. In many developing countries, the poorest quartile of consumers spends close to three-quarters of its income on food. Inevitably, high prices threaten unrest at best and mass starvation at worst.

There is immediately though an undeniable point where the philosophical debates have to cease and we are dealing with real people. That point is exemplified by Africa and how the world will assist in its development. How effective we are going to be though will depend in large part on which philosophy we follow. This weblog has featured a number of articles from TED, MIT and other organizations on their efforts in Africa and other developing third world countries through social-entrepreneurship, again following a free enterprise approach to these issues.

Here are two views of what is wrong with what we are doing in Africa, but they come from two very different perspectives. One is European and supposedly neo-liberal and other African and anti-colonial. My initial reaction is that I am not comfortable with either one of them but see valid points with both. Further education in this topic might move me one way or the other, but it will have to be in the opposite direction of one of them or it will have to be a middle path of some type.

Opinion: Developmental Aid Workers Are Killing Africa - International - SPIEGEL ONLINE - News

diigo tags: spiegel, economics


If you follow the reasoning of the United Nation's World Food Program, then Kenya is a unique region when it comes to hunger catastrophes. In this east African country, a popular vacation destination with 32 million inhabitants, UN workers hand out more food on an annual basis than they do in southern Sudan, which civil wars have ravaged for decades. But is Kenya really dying of hunger?

How Europe underdevelops Africa and how some fight back from Pambazuka News


From above, many African elites have succumbed to what Olukoshi terms trade-balkanisation, following the lead set by colonial pigs in the 1884-85 Berlin conference that so irrationally carved up the continent. Since 2002, the EPAs have supplanted the agenda of the gridlocked World Trade Organisation, just as bilateral trade deals with the US, China and Brazil are also now commonplace.
A united Europe deals with individual African countries in an especially pernicious way, because aside from free trade in goods, Mandelson last October hinted at other invasive EPA conditions that will decimate national sovereignty: “Our objective remains to conclude comprehensive, full economic partnership agreements. These agreements have a WTO-compatible goods agreement at their core, but also cover other issues.”
Those other “Singapore” issues (named after the site of a 1996 WTO summit) include investment protection (so future policies don’t hamper corporate profits), competition policy (to break local large firms up) and government procurement (to end programmes like South Africa’s affirmative action). These were removed from the WTO by African negotiators during the Cancun summit in 2003, but have re-emerged through EPA bilaterals.

Sunday, April 20, 2008

Micro-Loans Snake Oil Panacea Or Pathway To New Economic Paradigms

This weblog has skirted around questions about micro-credit, micro-loans and micro-finance in the past. They were either related to other economic issues or links to online programs like Kiva. Recently, a number of articles have passed by my computer screen inspiring me to learn more. Two articles in particular caught my eye.

Microfinance's Success Sets Off a Debate in Mexico - New York Times
They are the center of a fractious debate: how far should microfinance go toward becoming big business? At one end stand traditional microlenders, like the economist Muhammad Yunus, founder of the most famous microlender, the Grameen Bank, and winner of the 2006 Nobel Peace Prize. At the other are the Two Carloses, as they are widely known in this tight-knit world that gave them their start as starry-eyed idealists.
U.S. 'micro-loan' effort yields big results in Iraqi province - Los Angeles Times
Al'laur Abd Mottar, 50, had a dream of starting a business to support his wife and eight children. He would buy and sell scrap iron, a material much in demand as residents seek to rebuild homes and businesses damaged by fighting between U.S. Marines and insurgents.

In November, Mottar got a $3,000 loan from a program underwritten by the U.S. Agency for International Development that is bringing the "micro-loan" concept to war-ravaged Anbar west of Baghdad.

To oversee the micro-loan program, USAID turned to the Louis Berger Group, an international consulting firm based in Morristown, N.J. Supervision of the micro-loans is only a small part of a $154-million contract between USAID and the firm to promote economic growth in all 18 provinces.

Different paths but same destination, either small entities becoming large ones or large entities taking over the territory of small ones. Although the micro-lending industry began in the 1970's, it it is in the last few years that is has been around long enough to have raised some issues and gendered some controversy. Some of these issues have basic economic principals behind them, some are overly optimistic predictions, and some are simply human greed. The following link to the Tyler Cowen's post on this subject provided some rationale economic insight and some history.

Marginal Revolution: My micro-credit essay with Karol Boudreaux
For better or worse, microborrowing often entails a kind of ­bait ­and ­switch. The borrower claims that the money is for a business, but uses it for other purposes. In effect, the cash allows a poor entrepreneur to maintain her business without having to sacrifice the life or education of her child. In that sense, the money is for the business, but most of all it is for the child. Such ­life­saving uses for the funds are obviously desirable, but it is also a sad reality that many microcredit loans help borrowers to survive or tread water more than they help them get ahead. This sounds unglamorous and even disappointing, but the ­alternative—­such as no doctor's visit for a child or no school for a ­year—­is much ­worse.
This 2006 report provides a rosy outlook from a more liberal-progressive perspective.

The Chronicle, 7/20/2006: The Big Promise of Small Loans
Microfinance, pioneered in the early 1970s by nonprofit groups like Grameen Bank, in Bangladesh, and Acción International, in Latin America, is one of the hottest ideas in philanthropy — and it may become the next big thing in the investment world, too.
The overly optimistic and idealistic perspective is not limited to the liberal-progressive outlook. From the other side of the spectrum

The Entrepreneurial Mind: Cynicism about Free Enterprise
It takes time to build wealth. And real wealth comes from free enterprise. Are microloans the answer to transform an economy? Of course not. But they are a critical step in building long term transformations. Microloan programs are not just jobs programs, or worse yet, mechanisms for the redistribution of wealth from one country to another. Instead, they are creating a cultural seedbed for economic freedom and independence.

While I can agree with the good intentions of Professor Cornwall's philosophy, I am also wary of the overly optimistic outlook from the more business oriented perspective. The New Yorker article that Professor Cornwall takes issue with is based on the libertarian Marginal Revolution post above. Professor Cornwall may say cynical but Professor Cowen is likely to say realistic.

So far I have covered economic principles and overly optimistic predictions. The question of human greed will be looked at more closely in a subsequent post.

Saturday, March 29, 2008

Social-Entrepreneurship A New Path For Many

I still intend to use this weblog for various lines of inquiry, and endeavor to combine different ideas and perspectives. One area that this weblog has been exploring is social-entrepreneurship. The concept of combining the ideas of social responsibility with that of entrepreneurship appeals to my economic development background and progressive philosophy, though many might see that combination as an oxymoron.

This is part of my motivation for learning how the ideas and theories of economics could be applied to real life. It has also provided the opportunity to find numerous websites featuring programs that are making a difference in the world from TED, MIT and others.

Although the term has been around since the 1960's, my self-education only started with this weblog. It seems though that there is a fundamental change going on. Why is this coming to to vogue now? How does it differ from what we had been doing? Much of what is found here and with a related post was gathered from Entrepreneurial Mind and originated from Sam Davidson with CoolPeopleCare.org.

On 2/18/08 via The Entrepreneurial Mind tells us of A New Age of Social Ventures
Many of those who manage non-profits will tell you that it seems that they spend more time raising money than actually working toward their cause of choice. The competition for donations and gifts seems to get tighter every year. And so-called donor fatigue seems to be becoming almost epidemic.
A charitable dollar can be used only once. A dollar invested in a self-sustaining social business is recycled endlessly.

Entrepreneurship in the Social Sector via The Entrepreneurial Mind on 2/10/08
So why all the attention to entrepreneurship in the social sector? According to Harvard Business School professor Jane Wei-Skillern in an interview published in Working Knowledge it is because the more traditional approaches to solving social problems have been "falling short." From Working Knowledge: An entrepreneurial approach, they say, allows social organizations not only to maximize value from limited resources, but also to leverage resources beyond the organization's direct control through a creation of networks.
Social Entrepreneur versus Non-profit via The Entrepreneurial Mind
On 2/25/08 Sam Davidson offered a good distinction at his blog between the traditional non-profit and the emerging social ventures that do not choose to take the non-profit route. For the first time, students can focus on what it means to build a business that is focused on multiple bottom lines, focusing on serving the community while running their operation. No longer are students forced to choose between operating a greedy business or working for an altruistic nonprofit. Now, students can live and work in that lovely overlapping Venn diagram of a place where their need to make a living can coincide and address the largest needs of the world.

Social Entrepreneurship Gaining Steam in Academia

The establishment of social-entrepreneurship into the academic programs of American Universities is another ongoing social change. While there has been forays of non-profit and community support efforts from universities having a formal degree program is something new. This is a summary of a series of articles that have appeared from time to time in The Entrepreneurial Mind.

2/19/08 The Entrepreneurial Mind on Social Entrepreneurship Gaining Steam in Academia

Dean Pat Raines writes about the growth in interest in social entrepreneurship within academia over at Belmont's blog Strictly Business. Speaking about our own program that launches next fall:
Next fall, Belmont University will begin offering a major in Social Entrepreneurship. The fundamental idea is to provide a practical academic curriculum to serve the fastest-growing segment of society--the millions of individuals that are creating a society of citizen change agents.
The Entrepreneurial Mind has a post on The Entrepreneurial Generation's Answer to Social Change
Dr. Cornwall points out that the Belmont program is to be one of the first in the country he also asserts that today's students are geared for these listing the positive characteristics of that group of 18-21 year-olds he has labeled the Entrepreneurial Generation. Providing what he deems, Some prominent reason for confidence -
  • They distrust large institutions.
  • They believe that the private sector is much more efficient and effective at solving the world's problems.
The big government proponents, which typically includes the New York Times, would tell us that the problems of the world are too big, and far too complex, for any solution outside of massive government intervention. We like to talk about the War on This Problem, and the War on That Problem, as if the only solution is too overwhelm each social problem with massive amounts of money controlled by huge bureaucracies.
And for good measure he references an article in that same New York Times article
The New York Times ran a column By NICHOLAS D. KRISTOF compared this renewed social energy in today's youth with that of their parents' generation in the 1960s -- but with a twist: With the American presidential campaign in full swing, the obvious way to change the world might seem to be through politics. But growing numbers of young people are leaping into the fray and doing the job themselves. Below is a list of some of these programs.
Orphans Against AIDS (www.orphansagainstaids.org), which pays school-related expenses for hundreds of children who have been orphaned or otherwise affected by AIDS in poor countries.

Unite for Sight, has ballooned, and last year it provided eye care to 200,000 people (www.uniteforsight.org).
The program (www.injaz.org.jo) has spread to 12 Arab countries and is aiming to teach one million students a year. Ms. Salti argues that entrepreneurs can stimulate the economy, give young people a purpose and revitalize the Arab world.

Tuesday, February 19, 2008

Now LA Times Recognizes That Africa's Anti-malaria Campaign Is Showing Results

Africa's anti-malaria campaign showing results
--------------------
Infection rates drop as nations take action against the disease. In Tanzania, Bush announces a venture to provide enough mosquito nets to protect every child between the ages of 1 and 5.

By James Gerstenzang
Los Angeles Times Staff Writer February 19 2008

BWEFUM, ZANZIBAR;-- Like clockwork, particularly on Mondays after his office had been closed for the weekend, the patients would line the concrete benches outside Mininyi Othman's tiny health center 10 miles from the nearest paved road.

It is good to read in the Los Angeles Times that malaria is finally diminishing its deadly impact in Africa and hearing that our President is committed to providing "mosquito nets to protect every child between the ages of 1 and 5", is inspiring, but the article does very little to tell us how we got to this stage. Not to be overly skeptical, but are we to believe that George W. Bush is a significant savior of Africa?

The Los Angeles Times article "Unintended Victims of Gates Foundation", which was the primary focus of the Best Intentions Unintended Consequences post, was the second most popular item link of this weblog so far. What are the key health dangers for children?, has been the most popular. The previous LA Times article provided an indepth analysis of failure. An equally indepth analysis of success would be appreciated.

Sunday, January 27, 2008

Curious And Curiouser Layer By Layer

Curious via Seth's Blog offered the following on 1/21/08

Nic created the video below--the subtitles and edits are his. The bad cold is mine. I hope you like it (the video, not the cold).



Also from Seth's Blog Layering on 1/22/08

Here's what we used to do:
Create ---> Edit ---> Launch

Here's what happens now:
Create ---> Launch ---> Edit ---> Launch ---> repeat

Someone asked me which post on this blog represented the turning point of its growth. The 'breakthrough' post. It turns out that there wasn't one. Instead, there were 2,500 posts, one after the other, each building (and I was learning from each) as we went. And thus the challenge. We live in a layered world now. Those that plan and plan and then launch are always going to be at a disadvantage to the layerers.

The Entrepreneurial Mind on 1/17/08 also has a perspective on whether To Plan, Or Not to Plan.

I don't believe that this is in opposition to what Seth Godin had said, just said differently from a different perspective. Dr. Campbell also expresses the idea that plans are not the holy grail of entrepreneurship and when he writes that he will have to adjust my plan each step along the way, I think of Seth Godin's layering.

We set business plans up on a pedestal as if it is the holy grail of entrepreneurship. Just look at BusinessWeek.com's most recent special issue on entrepreneurship -- it is all about business planning.

It is as if we are telling aspiring entrepreneurs that once they unlock the secrets of the business plan, the world of entrepreneurial wealth will come pouring out at them. Sorry, but this is just not true.

On the other hand, there is now a debate raging as to whether we should even teach entrepreneurs about business plans.

All of this -- and I mean both sides of this debate -- is missing the point.

So why do we teach about business plans? It is because they are a way to help organize what can be a complex and overwhelming array of issues. It is because it forces us to integrate our marketing plans, or operating plans and our financial plans into one, coherent story.

But I still plan. I just know that I will have to adjust my plan each step along the way as I begin to implement it as I start and grow my business.

The Entrepreneurial Mind also tells us that Growth is Never a Smooth Curve
The truth is that growth is a messy thing. It never follows a smooth path. The real curves that signify growth are jagged. Growth is lumpy, not smooth.

Growth requires us to make leaps of faith as we commit to significant new overhead, including more space, more equipment and more staff.

And in today's dynamic economy, a growing business is like the shark -- it has to keep moving forward, or it will drown.

The commitment to growth requires careful thought and careful planning. Never grow simply on faith and hope. Grow with a careful plan that tells you what challenges your decision to grow will create.

Is this in disagreement with what was said above? I don't believe so. This goes back to Seth Godin's point about maintaining curiosity, because curiosity is to my mind the pre-commitment to immerse our selves in a chosen field to learn all we can and endeavor to make it better. This post only touches lightly upon Dr. Campbell's ideas. His full post better expresses the balance that entrepreneurs need to achieve.

Wednesday, January 23, 2008

Social Entrepreneurship: Awards For Past Success Advice For Future Success

The Entrepreneurial Mind reports on the: 2008 Social Entrepreneur Awards

  • Fast Company has released its 2008 Social Entrepreneur Awards.

    They now include a category that includes for-profit social entrepreneurs. This is a growing trend as social entrepreneurs see fewer advantages and more headaches associated with non-profit status.

This weblog has been following one of the Social Entrepreneur winners, Acumen Fund, and the concept of social entrepreneurship for some time, with a good deal of insight being provided by Entrepreneurial Mind. This has been from the perspectives of both global paradigm shifts now ongoing throughout the world and personal paradigm shifts for myself.

Responding to a request from a reader, Dr. Cornwall provides some additional insights regarding social entrepreneurs.

Sure. Many social entrepreneurs view the traditional non-profit model as being too encumbering, restrictive, and expensive. Many are developing business models in which they generate revenues that can support their causes.

For example, Pura Vida coffee sells free trade coffee. They are a for-profit company. But the owners have committed to funneling all of the profits to help support and develop the farmers who grow their coffee.

We find more and more of today's social entrepreneurs who believe that the IRS places too many restrictions on the non-profits of the world. They would rather use free enterprise to pursue their social objectives.

Go to Pura Vida's web site or to CoolPeopleCare's web site to see some examples of this growing trend.

If we take the position that social-entrepreneurs need the same business skills sets as private business entrepreneurs and that dependency on governments is more of a limitation than a help then this idea has definite merit.

New ideas are also coming from Seth Godin regarding social entrepreneurs, philanthropic organizations and 'new' marketing.

I gave at the office via Seth's Blog by Seth Godin on 1/9/08

Mark Rovner has an insightful post about the current state of fundraising and non-profits.

Seth has some of his own.

Old Marketing
As soon as commerce started online, many non-profits discovered lots of income from their websites. This was mistakenly chalked up to brilliant conversion and smart marketing. In fact, it was just technologically advanced donors using a more convenient method to send in money they would have sent in anyway.

New Marketing
The internet allows some organizations to embrace long-distance involvement. It lets charities flip the funnel, not through some simple hand waving, but by reorganizing around the idea of engagement online. It means opening yourself up to volunteers, encouraging them to network, to connect with each other, and yes, even to mutiny. It means giving every one of your professionals a blog and the freedom to use it. It means mixing it up with volunteers, so they have something truly at stake. This is understandably scary for many non-profits, but I'm not so sure you have a choice.


It was Seth Godin who got me thinking in terms of working as an independent change-agent rather than an agent of a governmental organization. Now with that and the ever increasing blurring of distinction between social and private entrepreneurialism, I am going to have to re-think my tags for this weblog.

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Saturday, January 12, 2008

Asking The Big Questions

Beside Edge with "What have you changed your mind about? Why?" and YouTube with the Davos Question, TED and the TEDBlog are also asking "The Big Questions"

Many people come to TED -- and visit TED.com -- seeking something out of the ordinary. A chance to mentally recharge. A chance to step back and consider the really big stuff that's happening. A chance to understand life in a richer way.

  • Who are we?
      • What is our place in the universe?
        • What is life?
          • Is beauty truth?
            • Will evil prevail?
              • How can we change the world?
                • How do we create?
                  • What's out there?
                    • What will tomorrow bring?
                      • What stirs us?
                        • How dare we be optimistic?
                          • And the point?


The TED | TEDBlog provides a number of Web-based ways to make a difference

+ Share Ron Eglash's cool math tools, for studying math via breakdancing, Latin beats and cornrow braids
+ Dive into Richard Baraniuk's Connexions, a massive repository of open-source class materials
+ Visit Phil Borges' Bridges to Understanding site, which rounds up student films from all over the world
+ Browse Erin McKean's booklist "So You Want to Be a Lexicographer?"
+ Check out the beta of Gapminder World, powered by Hans Rosling's Trendalyzer software
+ Watch video and take action at The Hub, a platform for human rights media and action -- presented by Peter Gabriel's WITNESS
+ Discuss sustainable design and materials on the Cradle to Cradle forums, inspired by the work of William McDonough
+ Learn more about Nicholas Negroponte's One Laptop per Child
+ Catch up with Majora Carter's Sustainable South Bronx -- or make a specific gift to SSBx via Changing the Present
+ Calculate your personal CO2 production -- and start helping the planet -- at the website for Al Gore's An Inconvenient Truth, produced by Jeff Skoll

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Friday, January 4, 2008

IdeaBlob Best Idea Yet

This is the site Ideablob mentioned in the Firing Up FeedBurner post . According to that post, the del.icio.us posting of Ideablob had received 19 clicks which was just one below first place position. As of today it has received 51 clicks, more than twice of the former first place.

The are no illusions as to the impact of this weblog on the world of Web 2.o, so if it is the best used site for this weblog it is because of its own usefulness and popularity. I can only imagine what it is doing at other sites. It also supports Barger's point .

1. A true weblog is a log of all the URLs you want to save or share. (So del.icio.us is actually better for blogging than blogger.com.)

It also not only provides funding for business oriented entrepreneurial efforts but social-entrepreneurial efforts as well as the following post from Entrepreneurial Mind demonstrates.

The Entrepreneurial Mind: Social Enterprise Latest Ideablob Winner
A social enterprise is the latest monthly $10,000 Ideablob winner.

Marci Bossow Schankweiler of North Wales, PA is President and founder of Crossing the Finish Line (CFL), a Blue Bell, PA-based non-profit organization that provides excursions for young adult cancer patients and their families. Schankweiler founded CFL after her first husband passed away from cancer at the age of 30. She plans to use the prize money to help fund a home for cancer patients near Orlando, FL.

Vote for Andy

This also came from Entrepreneurial Mind

One of our students here at Belmont is a finalist for this round of ideablob.com voting. If you haven't been to the site, think of it as a monthly American Idol for business ideas with voting taking place at the website.


Andy Tabar is one of our student practicing entrepreneurs trying to build his web-based business. It is easy to vote. Just go to the ideablob.com website and register. After you have go back to the main page for ideablob.com and vote for Andy's entry "Expand my global tech company" idea. Please go to ideablob.com and vote for Andy!!

So, since I am getting a number of hits on this I am going to post Entrepreneurial Mind post on del.icio.us to see if I can't get at least a couple of vote for Andy. Supposedly voting is open to January 7 though it may be too late.

But it is not really that simple

New Therapy for Stroke Patients

Also looks like a great idea.

Idea Description

Utilizing newest neuro-science/mind-body medicine/quantum physics, I would present a non-invasive, cutting-edge complementary therapy for stroke patients.
Data destroyed by stroke, exists in other areas of the brain in different forms. By contacting parts of the brain previously less directly employed, but still connected to stored data, we reach out to old functions by recognition of past action, impression, perception and emotion. Once accessed, new pathways are created to retrieve information.
Stimulation by light/touch/smell/laughter/nature/art/music..allows the brain to access alternative routes leading to the back doors of lost information affording a more rapid return to function.

This idea appears to have more votes. I have to wonder though to what degree has this "technology" been tested so that the question of licensing can be better addressed. If it is viable, should IdeaBlob be the source of funding or are there more relevant sources of funding out there? Being even an "armchair-virtual" venture capitalist is not all that easy.

Tuesday, January 1, 2008

Define Who You Are For Yourself Before Defining For Others

A previous post dealt with having, "your organization's portrayal or public face firmly established in the mind of all of your members." What that is can be based on one of two foundations either:


  • What You Love
    • or
  • Who You Are

Sam Davidson gives his perspective on advise from Penelope Trunk of Brazen Careerist.

CoolPeopleCare | Penelope's Advice: Do What You Are
Should you do what you love or do what you are? What if both of those change?

Penelope Trunk, whom I had the pleasure of meeting a few weeks ago in Madison,has just written what I think is her best piece. She trashes the common career advice of, "Do what you love." She takes to task the impossibility and unfeasibility of this advice, claiming that:

"Often, the thing we should do for our career is something we would only do if we were getting a reward. If you tell yourself that your job has to be something you'd do even if you didn't get paid, you'll be looking for a long time. Maybe forever. So why set that standard? The reward for doing a job is contributing to something larger than you are, participating in society, and being valued in the form of money."

Sam continues his philosophical musings.

CoolPeopleCare | But What If I Love Entrepreneurship?

Should I do what I love or do what I am? But what if I want to make my passion my profession?

Yesterday, I highlighted Penelope Trunk's recent condemnation of the career advice, "Do what you love." In its place she suggests that people "Do what they are." I agreed.

But I soon began to think about entrepreneurs. Many people embrace the notion of entrepreneurship in order to do what they love. They start jobs and companies in order to turn their passion into their profession.

So are they being misguided? Should they be steered away from trying to base a business on something they love?

Or should every entrepreneurship course be prefaced with Penelope's advice, steering budding starters away from basing a concept on a love and instead basing it on who they are?

Or, by only changing one word in a tired maxim, is Penelope really just saying the same thing?

The Businesspundit questions the ability of some of his generation's ability to meet the challenges of being an entrepreneur.The Businesspundit: Not Built For Business: Are We The Greatest Generation?

David Brooks calls the years when members of my generation wander in their 20s "the odyssey years." We move between careers, get our traveling itch done and experiment with startups. Ben Casnocha, an entrepreneur who hasn't even reached his "odyssey years" yet, encourages exploration but not without setting goals-no doodling on Taco Cabana bags and Twinkie wrappers, people. In the August issue of Maxim, Mark Cuban championed an even more daring quest in a feature on "CEO Secrets."

As this post is already getting long enough, I am going to make additional comments at another post.

Forwarding webpages with highlights and sticky notes, powered by Diigo

Sunday, December 30, 2007

Best Intentions Unintended Consequences

The Los Angeles Times had an article that called into question whether the Gates Foundation was having a net positive impact on healthcare in Africa.

Unintended victims of Gates Foundation generosity - Los Angeles Times

The Gates Foundation, endowed by the personal fortunes of the Microsoft Corp. chairman, his wife and Berkshire Hathaway Inc. Chairman Warren E. Buffett, has given $650 million to the Global Fund. But the oxygen valve fell outside the priorities of the fund's grants to Lesotho. Every day, nurses say, one or two babies at the hospital die as Mankuebe did -- bypassed in a place where AIDS overshadows other concerns.

Mixed effects

The Gates Foundation has targeted AIDS, TB and malaria because of their devastating health and economic effects in sub-Saharan Africa. But a Times investigation has found that programs the foundation has funded, including those of the Global Fund and the GAVI Alliance, which finances vaccines, have had mixed influences on key measures of societal health:

* By pouring most contributions into the fight against such high-profile killers as AIDS, Gates grantees have increased the demand for specially trained, higher-paid clinicians, diverting staff from basic care. The resulting staff shortages have abandoned many children of AIDS survivors to more common killers: birth sepsis, diarrhea and asphyxia.

The article provided the impetus to go back and look again at the Vivian Hoffman paper. The paper raised questions about the real impact of social-entrepreneurs, such as the Acumen Fund, had on helping the poor. The post links to a Marginal Revolution post and from there to a New York Times article that questioned whether direct distribution of the nets of the nets was best or were social entrepreneurial programs. Similar questions of effectiveness arose from the the Fast Company article regarding Grameen Phone Company.

The Bill & Melinda Gates Foundation supported Global Fund seems to see this either as a public relations problem, if we want to be cynical, or as a problem of self-definition, they can't be all things to all people or perhaps something in the middle. There does seem to be some truth to the later proposition that they can't be all things to all people but it is arguably a matter of balance. Because it's Bill Gates cynicism seems far easier than it might otherwise.

The LA Times did do a follow up report on the Global Funds dispute with their article. The Global Fund not only has their own piece criticizing the LA Times article, they also have a letter from the National Aids Control Commission of Rwanda.

I have an issue with attempts to find fault to create a story, which the LA Times article and the Fast Company article seem to lean too much towards in my view. The New York Times article and Vivian Hoffman paper though seemed different. My second reading of the Hoffman paper did provide a better understanding and impressed upon me again the uncomfortable perspective that going in with a decidedly social-entrepreneurial slant as the best intentions to provide assistance without fully understanding the culture could have unintended but detrimental consequences. What I don't know is what course of action, if any, have been taken by the social-entrepreneurs to address these issues. This is not, of course, the same as arguing that traditional government centered policies are automatically better.

Within the LA Times article they make a statement which is apparently in conflict with what I got from the Hoffman article.

According to UNICEF, malaria kills relatively few children. Birth-related problems, pneumonia and diarrhea are the top causes of child mortality. All are treatable but occur at high rates, in part because resources are concentrated on AIDS, TB and malaria, The Times reported.

This is in contrast to the Vivian Hoffman paper,

Malaria kills over one million people annually, 90 percent of them children under the age of five (World Health Organization, 2004).
What I found at the WHO website, which provided more insight, is that the key health dangers for children are:
  • From one month to five years of age, the main causes of death are pneumonia, diarrhoea, malaria, measles and HIV. Malnutrition contributes to more than half of deaths.

  • Pneumonia is the prime cause of death in children under five years of age. Nearly three-quarters of all cases occur in just 15 countries. Addressing the major risk factors – including malnutrition and air pollution – is essential to preventing pneumonia, as is vaccination. Antibiotics and oxygen are vital tools for effectively managing the illness.

  • Diarrhoeal diseases are a leading cause of sickness and death among children in developing countries. Treatment with Oral Rehydration Salts (ORS) combined with zinc supplements is safe, cost-effective, and saves lives.

  • One African child dies every 30 seconds from malaria. Insecticide-treated nets prevent transmission and increase child survival.

  • Over 90% of children with HIV are infected through mother-to-child transmission, which can be prevented with antiretrovirals, as well as safer delivery and feeding practices.

  • About 20 million children under five worldwide are severely malnourished, which leaves them more vulnerable to illness and early death.

    About two-thirds of child deaths are preventable through practical, low-cost interventions. WHO is improving child health by helping countries to deliver integrated, effective care in a continuum - starting with a healthy pregnancy for the mother, through birth and care up to five years of age. Investing in strong health systems is key to delivering this preventive care.

This does argue for taking a more comprehensive approach to children's healthcare in developing countries but it does not argue that it is being caused by “in part because resources are concentrated on AIDS, TB and malaria, The Times reported.” Amy Smith of MIT, who is recognized for finding low tech solutions for global problems informed us that smoke from indoor cooking was the number one killer of young children.

Meanwhile, Acumen Fund has been recognized by Fast Company as one of its top 45 Social Capitalists: Acumen Fund.

The increasing gap between rich and poor is one of the greatest challenges of our generation. Half the world lives on less than three dollars a day while 250 individuals hold more wealth than the bottom two billion. Creating a sustainable world means reducing that gap.

Aid alone will not end poverty. Traditional charity often meets immediate needs but is not designed to enable people to solve problems over the long term. Poor people seek dignity, not dependence.

Acumen Fund identifies and supports enterprises that provide health, water, housing and energy to the poor. We bring capital, knowledge and talent to accelerate markets for the poor, having seen their power as customers who are willing to pay for affordable, quality services that can change their lives. We have seen this working with our portfolio enterprise in South Asia and Eastern Africa.

While Iqbal Quadir has become the head of the Legatum Center for Development and Entrepreneurship at MIT.

Acumen's founder Jacqueline Novogratz, Iqbal Quadir and others working in this field have also been topics of contemplation in this weblog and have been included within the Pearls of Paradigm Processing Social and Economic Paradigms.

No final conclusion, just an ever increasing realization of the complexity of the issues. As Emily Oster, the University of Chicago economist, pointed out we need to look for root causes in not only understanding poverty and poor health care -- but also other issues such as the price of coffee, and the routes of long-haul truckers.

“In short, there is a lot we don't know; and our assumptions about what we do know may keep us from finding the best way to stop the disease.”

Tuesday, December 18, 2007

The Bricks For Building Dreams

CoolPeopleCare | There's a Rumbling
"Passion is key for anyone looking to start something new. It's not all you need, but it's a big part of what's necessary when you set out on your own. Finding the right balance of passion and realism is key."

Those are the words of Samuel Davidson, a blogger who appears to be at the cusp of Generation X and Y, and who has provided food for thought for this weblog before. I like him because he combines idealism with pragmatism. This weblog has talked about his 4 step process from dream to reality before.

"That's the thing about passion – it's always there with us. For some of us, we wear it on our sleeves and those who know us know that we're about something..."
"Because when you have a passion, you know it. And there's no way you can't not follow it." But passion is never all we need. It's the first thing you need during the early stages of start up, but it alone won't get you to the finish line. It may not even get you to step 2. As Robert Greenleaf so eloquently pointed out:"
"Not much happens without a dream. And for something great to happen, there must be a great dream. Behind every great achievement is a dreamer of great dreams. Much more than a dreamer is required to bring it to reality; but the dream must be there first."
I am not quite as ready to accept his position on Schumpeter.

"Schumpeter was a very early advocate of entrepreneurship, believing that individual invention was what powered a capitalist economy, and not the role (or non-role) of the government. McCraw points out that while Schumpeter's ideas didn't immediately catch on in the first half of the 20th century, he now looks like a genius." McCraw writes:

"One of the hallmarks of Schumpeter's 1911 book is that he ventured into territory where no economist had gone before - namely, the psychology of entrepreneurs. Entrepreneurs, he insisted, are not propelled solely by a wish to grow rich or by any "motivation of the hedonist kind." Instead, they feel "the will to conquer: the impulse to fight, the prove oneself superior to others, to succeed for the sake, not of the fruits of success, but of success itself...There is the joy of creating, of getting things done, or simply of exercising one's energy and ingenuity.

As someone who identifies with Schumpeter's definition, I believe that the organizations and companies that will succeed in today's economy will be those that embrace entrepreneurship at every level.

While I can readily agree with, "There is the joy of creating, of getting things done, or simply of exercising one's energy and ingenuity" Schumpeter may be getting better press than he deserves because its a quick sell for the ideas people want to get across, but Schumpeter does not philosophically epitomize the ideals being expressed as he may seem on first look.

I do appreciate the concept of creative-destruction but keeping in mind the words of F. Scott Fitzgerald

"The test of a first rate intelligence is the ability to hold two opposed ideas in the mind at the same time, and still retain the ability to function."

We need to appreciate the effect of the destruction as well as the creation.

Monday, December 17, 2007

Global Paradigm Shift Through Global Innovation


Innovation
In attempting to be more precise in assigning relevant meaning to tags I have been using, I have used the tag innovation as applied to those creative changes that have had some economic impact, whether we classify them as high or low or business or social entrepreneurship, as opposed to pure creativity as in art.

The Entrepreneurial Mind back on 12/10/07 gave us Innovation Around the Globe which cites the National Dialogue on Entrepreneurship's reports on two new studies highlighting innovation in Asia and Europe.

"A new World Bank study examines the state of innovation in East Asia with a focus on three primary sources of knowledge flow into the region: international trade, acquisition of disembodied knowledge, and foreign direct investment. East Asian economies still rely heavily on knowledge flows from Japan and the US, but the region's economies are beginning to build their own home-based knowledge industries as well."

All three primary sources of knowledge are of interest but what is especially in disembodied knowledge. The second study is a new Information Technology and Innovation Policy Foundation report:

"[F]uture European prosperity depends upon Europe's ability to more effectively deploy information and communications technologies (ICT). The study notes that European productivity growth rates have lagged in recent years, and it identifies lagging use of ICT (especially in service sectors) as one culprit in the process. Like the US, Europe needs to boost productivity rates. But the pressures in Europe are even stronger, due to a more rapidly aging population. How can Europe reverse these trends? The report's author, Rob Atkinson, recommends greater overall private investment in ICT, the creation of public incentives to support such investment, and expanded efforts to promote digital literacy and adoption among the general population of European countries."

Professor Cornwall makes it clear where he falls on the economic philosophical continuum.

"Let us hope that by the phrase "more effective government supports" the authorsare referring to what has proven to be
the most effective government support for entrepreneurship -- bureaucrats and politicians getting out of the way of entrepreneurs and letting free markets work. Central planning efforts where government agencies try to pick winners and losers have never proven to be a wise long-term strategy. "

"The most effective means of encouraging private investment is making favorable policy decision for an entrepreneurial economy. Lower taxes, less regulation, and stronger property rights are all key elements. I am afraid that most of Europe has a very long way to go on all three of these critical issues of public policy."

I have to confess to some doubts to this position when I consider the amount of support that Asian countries, especially Japan, have given their businesses. I also have to wonder about the technological bump Asia got from the IT infrastructure investment that was made and how we keep on falling farther and farther behind. I am definitely not in favor of centralized planning but I am also still not willing to fully depend upon the unfettered free market. Perhaps after a few more economic courses I will change my mind.

Wednesday, December 5, 2007

Why be Optimistic? Why Not!

Why be optimistic? Larry Brilliant at Skoll World Forum, on TED.com via TED | TEDBlog by on 11/26/07

As was said in the last post much of the information on the web is repeated but that is in part because many of the individuals providing the new information have multiple venues, for example Larry Brilliant. This is worth repeating as this brings up the concepts of innovation and even more importantly optimism.

Recorded at the Skoll World Forum on Social Entrepreneurship, Oxford, UK: 2006 TED Prize winner and Google.org director Larry Brilliant uses a clip from an old Frank Capra movie to show that we've known about global warming for 50 years -- yet in half a century, we've done almost nothing to solve it. He explores this and other megatrends that could inspire pessimism. But, he says, there is a more powerful case for optimism. (Recorded March 2007 in Oxford, UK. Duration: 21:01.)

The Skoll World Forum on Social Entrepreneurship in Oxford, UK, is an annual gathering of innovators from all over the world who are creating positive change across critical issue areas.


If this doesn't load use one of the links above to get to the TED site.

Monday, December 3, 2007

Creating Economic Opportunity At All Levels

My interest in economics from an academic perspective is based on my interest in economic development and how technology can can better peoples lives. The following set of stories touches upon all three of these concepts.

"Professor Anirudh Krishna of the Duke Center for International Development leads this collaborative project involving multiple scholars and institutions in the United States, India, Kenya, Uganda and Peru. Our primary research focuses on pathways into and out of poverty and utilizes a specialized methodology to understand poverty from the perspective of the poor themselves. The method, developed after extensive field investigations in India and Kenya, is discussed in the 'Methodology' link in terms of the steps that are followed. On this site you will find published and working papers generated from these investigations."

His work was highlighted in an article that appeared in two new newspapers, the New York Times and the International Herald Tribune. The New York Times article headline focused on those Indians who had benefited from the Web 2.0 economy and their efforts to help others less fortunate through Professor Krishna's studies. The Tribune headline focused on the poor benefiting from the program created out of those studies by Professor Krishna Babajob.com

"Mr. Krishna found that many poor Indians in dead-end jobs remain in poverty not because there are no better jobs, but because they lack the connections to find them. Any Bangalorean could confirm the observation: the city teems with laborers desperate for work, and yet wealthy software tycoons complain endlessly about a shortage of maids and cooks."

"Mr. Blagsvedt’s epiphany? “We need village LinkedIn!” he recalled saying, alluding to the professional networking site."

Another New York Times article demonstrates the impact the rapid economic change in India has had on India's social structure in giving women new independence.

Wednesday, November 28, 2007

Liberating Human Potential

TED | TEDBlog: Iqbal Quadir's new Center for Development and Entrepreneurship at MIT.

This post from TEDBlog has been out for about two weeks, but I am putting it up any way because it deals with Iqbal Quadir's new Center for Development and Entrepreneurship at MIT. The Center for Development is not new but obviously the money from the Dubai-based investment firm is. The Center will receive a $50 million structured gift from Legatum.

The newly named it would seem Legatum Center "will help MIT students start enterprises in developing countries, to foster organic and durable economic growth and more equitable societies",

"We will champion bottom-up economic growth, rather than the prevalent top-down, state-led, aid-funded projects that by and large have not worked"