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Impact & Insight: Sept 2020

News, ideas, research & resources, in social entrepreneurship and philanthropy
📢 News

Has covid-19 proved businesses have a conscience? Many companies have adapted to help tackle the crisis, demonstrating surprising behaviours and structures. There has been a quality of 'hybridity' - mixing characteristics of market, government and nonprofit sectors to promote public good: delivery companies worked with governments to transport medical supplies; cosmetic firms made hand sanitisers; the Ford Foundation issued the first-ever taxable Social Bond to fund nonprofit organisations. But are these changes the product of a crisis, and what lessons can we learn about the design of organisations and the structuring of collaborations for the future? 
This week we welcomed a new cohort of 40 Executive MSc Social Business and Entrepreneurship students. They joined the Marshall Institute, online, from countries including Costa Rica, Nigeria, the United States, Kuwait, Sweden, Ghana, Austria and the UK. We are keen to return to the classroom when possible, but are delighted to report that online teaching has enabled us to facilitate outstanding group presentations by students over the past few months, as well as sophisticated interactions with expert practitioners.

In this month's Impact & Insight: we are...

> Reading, Watching & Listening to
> Recommended by...
> (Virtual) Events
> New Research
> Impact
> Volunteering, Fellowships & Awards
> Internships, Jobs and Job Boards
> Resources
We are....

📚 Reading
> Impact Investing:
Investing in social good is finally becoming profitable
Impact investments are outperforming traditional bets in the coronavirus crisis | New York Times (5 mins)

How to separate the good from the bad and the ugly ESG funds
Despite moves to harmonise standards, the ESG label is often randomly applied, argues the FT | (3 mins)


> Philanthropy:
Leaning in: why the hands on approach of venture philanthropy is vital for post-covid recovery
Philanthropists can learn from venture capitalists and work more closely with the social enterprises they fund
| Pioneers Post (5 mins)

Closing the race gap in philanthropy demands radical candour
"In Africa, white-led institutions have shaped the development and social entrepreneurship landscape." | The Guardian (4 mins)


> Behaviour:
The moment we noticed
Study: Lessons from the first 100 days of lockdown could help develop a more caring society | The Relationships Project (5 mins)


> Economics:
Economics agitator: Mariana Mazzucato
Mariana Mazzucato believes governments need to use their power to lead innovation for public good  | IMF (5 mins)

> Social business:
Eight top tips on scaling a social enterprise through mass disruption
Innovate, adapt, focus (and cut costs). How social enterprises can thrive, even during a crisis | Pioneers Post (8 mins)
How to scale a social enterprise through mass disruption. Image: VisionSpring
🔊 Listening to:

Covid-19 proved companies have a conscience
Many companies adapted to help tackle the COVID crisis, showing "stakeholder mentality" | WEF (17 mins)

 

Show me the money
A social enterprise which has not only survived but thrived since it began, evolving it’s income stream along the way | Flourish (53 mins)


📺 Watching:

John Lewis: good trouble

Documentary explores the life and social activism of the late US civil rights activist | CNN Films (96 mins).

🎫 (Virtual) Events 

10 Sept: The serendipity mindset: the art and science of good luck
Can you make yourself lucky? Christian Busch on the secrets behind the hidden force that rules the universe: serendipity | LSE Events

9-11 Sept: GSG virtual global impact summit: for a just recovery
Speakers include Paul Romer (Nobel Prize winner) and Gillian Tett, (FT). Chair: Sir Ronnie Cohen

11 Sept: Innovation and inclusive growth: covid-19 as a window of opportunity
Speakers include Gordon Brown, Mariana Mazzucato, David Sainsbury, Tharman Shanmugaratnam | LSE Events

14 Sept: Narrative economics: how stories go viral and drive major economic events
With Robert Shiller, Nobel prize-winning economist and Professor of Economics at Yale University | LSE Events


21-25 Sept: Social Enterprise World Forum Digital
Online activities and events. Speakers include leading global social entrepreneurs. 3,000 participants from over 50 countries

24 Sept:
The future is not in plastics, Benjamin
Can plastics rescue the oil sector? Webinar hosted by Carbon Tracker, part of Climate week NYC 2020

29 Sept: Reimagining capitalism: how business can save the world
Professor Rebecca Henderson, of Harvard University, in conversation with Professor Nava Ashraf of the Marshall Institute | LSE Events
🔎 New Research

The allocation of socially responsible capital
Are impact investors getting it wrong? New working paper by Benjamin N Roth and Daniel Green of Harvard Business School

👍Recommended by...

How we need to remake the Internet
Saul Klein, co-founder, LocalGlobe, recommends Jaron Lanier's TED Talk in which he argues for a radical rethink of the Internet | (15 mins)
🌟🌟Impact🌟🌟
Marshall Institute's Gauri Chandra on how a non-monetary intervention can foster a commitment to reuse carrier bags | Behavioural Public Policy Journal
💸 Resources...

The Social Enterprise Support Fund reopened for applications
The second round of the fund, set up to deliver £19m of National Lottery funding to social enterprises impacted by covid-19. Apply
Awards, Fellowships, Volunteer...
 
1. On Purpose Associate Programme
On Purpose supports those who want to change their careers to work in the social and environmental space. Applications open to 1 Nov

2. The World Food Programme's Innovation Challenge 2020
WFP is seeking ideas for innovative ways to disrupt hunger. Winning teams could be eligible for up to £76,000 in funding. Apply by 14 Sept

3. Enterprise Fellowships, Royal Society of Edinburgh
Support package of funding and training, worth up to £90,000, to help develop innovative science-or-tech-based business ideas

+ 200+ places to work on Covid-19 and 60+ places to get funding
80,000 hours
Internships, Jobs & Job Boards...

+ Head of Funding Equity and Inclusion

National Lottery Community Fund. Closes 21 September

+ Analyst
The Social Investment Consultancy. Closes 18 September

+ more: Changemaker Jobs; Social Enterprise UK Sector Jobs Board.... PLUS latest social sector job opportunities worldwide.... via the Skoll Community Jobs Board; the Global Impact Investing Network (GIIN); B Work global impact jobs site; 80,000 Hours Jobs Board & Responsible Investor jobs. Moving Worlds has a list of 25 places to look for social impact jobs in Europe, 2020.   

🎓 Learn...

> Executive MSc Social Business and Entrepreneurship
Marshall Institute's ground-breaking programme for business leaders and entrepreneurs across the private, public and non-profit sectors

> Master of Public Administration in Social Impact (Marshall Institute)
Create social impact and maximise the effectiveness of private action for public benefit
About the Marshall Institute

The Marshall Institute works to improve the impact and effectiveness of private action for public benefit through research, teaching and practice.

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