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KNOWLEDGE SNIPPETS
Financing system change
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In the previous version, the links to the articles and panel discussions didn't work. Now they do. Please excuse the mistake.
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Dear colleagues,
My top pick for this issue comes from the Skoll World Forum: a true all-star (all female) panel discussed how system change should be financed. Panelists include Olivia Leland (CEO of Co-Impact), Neera Nundy, (Founder of Dasra), Rukmini Banerji (CEO of Pratham) and Rebecca Onie (Ashoka Fellow and Co-Founder of Health Leads). You can watch the full recording here.
I particularly like a slide that Rebecca shared:
This is how success looks like: the number of patients treated directly by Health Leads is going down, number of organizations influenced is going up. We still need more donors and impact investors who follow this mindset, though. Or as Rebecca put it: "If Health Leads needed to liberate its model, our funders needed to liberate us."
If you have more time than the 1h it takes to watch the panel discussion, here are two more recommendations:
- Every so often, somebody critiques the whole field of Social Entrepreneurship based on the misunderstanding that it's synonymous with social business. This time, the arguments came from Ganz, Kay, and Spicer on the SSIR website. My colleague Michael Zakaras wrote a great response. Highly recommended to anyone who never again wants to struggle explaining the difference between social business and Social Entrepreneurship.
- Finally, I had the pleasure to be a panelist at the Social Innovation Summit in Stuttgart recently together with Katherine Milligan (Head of Schwab Foundation) and Markus Sauerhammer (Co-Founder of SEND). The topic was "System Change - Going Beyond Symptoms". We talked about what it takes to have impact on a systems level, the role of mindfulness, and how social entrepreneurship can be instrumental for large-scale system change rather than just stabilizing flawed systems. You can find a recording here.
Enjoy the materials and have a great weekend!
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