Tag Archives: Social Edge

Defining Sustainable Social Change

If there’s one word that deserves to be on the “Top Words of 2010” list, it’s the word sustainable. It seems to have an aura around it as we all work to define exactly: What is sustainable social change?

There are lots of opinions about the word. And, I’ve discovered that the word means different things to different people. The environment folks read it one way, nonprofiteers another and you have a whole other group transforming it into social innovation, social capitalism and/or social entrepreneurship.

What is clear: Is that we’re all pretty social about it. But in all seriousness, I don’t yet have a clear, simple, 140-character answer. But, I have do have some places that I go to help me refine my own thinking around sustainable social change:

B Lab, B Corporations and Social Business

In April 2010, Maryland was the first state to sign Benefit Corporation legislation, followed shortly by Vermont. This legislation was heavily lobbied by B Lab, a non-profit group that rallies businesses to serve more than a bottom line. To improve society and address a number of our problems, my mind had been circling back to influencing and impacting systems, ecosystems and networks. In others words, my interest in creating and growing sustainable business continues to increase. Sometimes for change to happen, there needs to be a change in what’s possible and accessible.

I’m all about nonprofit efforts, volunteering, fundraising, helping others lead healthier lives and improving quality of life–but at some point, for our work to have a lasting impact and a legacy for the next generation, it must be sustainable. Liz Forkin Bohannon, my friend and sustainable business leader at Sseko Designs, asks some poignant questions in one of her latest posts–talking about the impact of free, donated secondhand clothing in Africa and its impact on the local economies. This is just one example of how doing good may be doing more harm. Why do I bring this up? Because sustainability is at the forefront of her argument.

Social Entrepreneurship

A close cousin to the social business discussion is social entrepreneurship. I learned in recent months that Georgetown University and the great Bill Novelli are working on creating Georgetown’s own Center for Social Entrepreneurship. Both Harvard and INSEAD even have their own social entrepreneurship initiatives. This isn’t about coincidence. It’s about the need for sustainability.

When talking about social entrepreneurship, the immediate go-to resource in my head is Social Edge. Social Edge is an amazing resource that isn’t afraid to dive into the nitty gritty, as well as the large scale and impact of social entrepreneurship. Written by social entrepreneurs and for social entrepreneurs, it seems that sustainability is at the heart of many of the topics discussed there. Just this week, Social Edge tackled the definition of a “social business” leaving more questions than answers. For me, that’s my kind of resource. It shows thinking, it shows engagement and it also tells me that we have our work cut out for us.

Sustainable Behavior

In the social marketing arena, renowned social marketer Doug McKenzie-Mohr recently announced the development of a new peer-reviewed resource: The Journal of Sustainable Behavior. According to the journal’s first call for papers, the “transition to sustainability requires programs to encourage a diverse array of behaviors.” The take away–we social marketers better start to understand sustainability and how it relates to our efforts and our audience.

Social Innovation

Social Edge covers a variety of topics–which together, you could say the theme is social innovation. But what does this phrase mean and how does it relate to all the other players on the field? According to the Hub, social innovation “refers to new ideas that resolve existing social, cultural, economic and environmental challenges for the benefit of people and planet. Even more simply, a social innovation is an idea that works for the public good.” Well, non-profits work for social good. So do some government agencies. So, who is responsible for social innovation and what will its outcomes look like? Even Stanford has its own Center for Social Innovation. According to its website, its purpose is to “build and strengthen the capacity of individuals and organizations to develop innovative solutions to social problems.”

To me, sustainability is seen here again. Perhaps—sustainability is what connects the dots between these movements. Perhaps, our answers lies in the spaces between the words and in the thoughts between our actions.

Social Capital Markets

Ever heard of SOCAP? Well, SOCAP stands for the social capital markets conference and SOCAP ’10 represents the third year of the conference and will be held Oct. 4-6 in San Francisco. According to the website, SOCAP ’10 is the “largest interdisciplinary gathering of individuals and institutions at the intersection of money and meaning.” SOCAP ’10 will seek to answer the question: What next? (See–there’s something about asking questions…) What’s next for the social capital markets–the social entrepreneurs, the social business wanna-bes, the social innovators, impact investors and social marketers?

Might I dare suggest that sustainability–and figuring out how to develop it, fund it, seed it, and maintain it–might be part of the answer?

flickr credit: Garry

How Much Is the Rest of Your Life Worth?

Image from Change.org's Original Post

Image from Change.org

This is not a wimpy philosophical post. We are talking dollars and sense. (Not a typo). A new business model experiment is in the works, relating to social entrepreneurship called: The Life Investment. Basically, it comes down to this question according to the Social Edge blog:

If an investor offered you a large infusion of unrestricted capital, say $300,000, with the only condition being that you would give them 3% of your income for the rest of your life, would you take the deal?

Apparently, it was fueled by this guy as the concept of personal investment contracts. Then, thanks to Nathaniel Whittemore, Change.org’s Social Entrepreneurship blogger, the conversation grew bigger until three innovative bloggers at SocialEdge, the blog hosted by the Skoll Foundation, took the leap and announced the Thrust Fund. Each has their own start-up social entrepreneurship, and here is their offer:

Kjerstin: Offers 6% of her annual income for a $600,000 up front investment.
Saul and Jon: Each offering 3% for $300,000 up front.

Now this gets interesting and I have to say ballsy. If this idea and conversation gets you off your chair and gets your mind thinking, Kjerstin, Saul and Jon are hosting a conversation about their offer saying: “Invest in us; we’ll give you some of our equity for life.” I’m still marinating on this whole concept myself, but I love the innovation here. The details is where it may get tricky–but man, bravo for putting themselves out there and believing in something that strong. What do you think–if you were made the offer, what would you say: Deal? or No Deal?

Some Golden Nuggets of Social Change

In between turkey and tweeting, I caught up on some of my online do-gooders, as well as explored and discovered new (and highly valuable) minds who are doing good. Thus, this post is filled with some true golden nuggets of social change. Enjoy!

  • Find new friends in this list of the top 100 Social Entrepreneurship Tweeple to follow, put together by @socialedge, a program of the Skoll Foundation. What I love most, is that this post also gives you a great listing of hashtags and what their purpose is as well.
  • Speaking of @socialedge, I discovered that they host weekly live discussion around numerous social change topics, including this one: What works in social change? Feel free to give input based on your knowledge and experiences–I did.
  • Can prevention PROSPER? Read up on this prevention program–backed by the CDC, NIDA and the Annie E. Casey Foundation–whose trial shows a $10 payback on every $1 invested. Now, it’s getting ready to go national.
  • Going to be in D.C. on February 12? If so, you may be able to catch the Non-Profit 2.0 Conference organized by Geoff Livingston, Shireen Mitchel, and Allysin Kapin.
  • Even though I did my own research on millennials for a project I did for Special Olympics Missouri, it’s always good to see what others found out as well.  Those at Millennial Marketing put together a FREE e-book titled “Marketing to Millennials.”
  • On someone’s Twitter list and you don’t want to be? Read up on how to opt-out of someone else’s list through this back door trick.
  • Have some doubters in your presence? Share Valerie Maltoni’s free e-book, Twittertales, a collection of Twitter success stories.
  • Seeing the time of giving is upon us, check out this article on Barron’s that lists the Top 25 Philanthropists.
  • Keeping with the giving theme, did you know you could start a fundraiser with wine? Find your favorite charity or rally friends around one–and buy some wine in support of it. I discovered this while doing my own holiday shopping, so I wanted to share the idea with others. Think goodsearch–just with wine.

People Doing It Right (hat tip to Chris Brogan)

  • Health Populi. Written by Jane Sarasohn-Kahn, I find just about every single post of hers helpful, thought-provoking and insightful. Lately, it’s become a blog staple–the kind that you can’t wait to read when you see there’s a new post in your RSS reader.
  • Prevention in Action. With its focus on prevention and research–how can you not be a fan of this organization’s news content? They are writing about topics not everyone writes about, pulling evidence, timely events and research together in a way that gets the mind ticking.
  • 501derful.org. We all already know he’s doing it right seeing as David Neff won AMA’s Non-Profit Marketer of the Year award. But with Neff’s recent announcement that has left the American Cancer Society to pursue his next big adventure, I’ve been staying tuned to his blog ever more closely as I admire his leadership and courage to follow his passion of Lights. Camera. Help.

What about you? What golden nuggets did you discover over the holiday?

flickr photo credit: Curtis Gregory Perry