Why the World Economic Forum is relevant to social entrepreneurship:
The World Economic Forum (WEF) is a Geneva-based foundation whose Annual Meeting of chief executives of the world’s richest corporations, some national political leaders (presidents, prime ministers and others), and selected intellectuals and journalists, about 2000 people in all, is usually held in Davos, Switzerland. There are also regional meetings throughout the year. It was founded in 1971 by Klaus M. Schwab, a business professor in Switzerland, and has helped fund his family foundation, the Schwab Foundation for Social Entrepreneurship.
The annual meeting is going on right now and there are lots of people blogging it and several news articles coming out each day.
Here is a link to the World Economic Forum Weblog
I’ve added it to my blogroll, over on the right –>
I recently wrote about Nicholas Negroponte and what he’s trying to do with the $100 dollar laptop initiative.
Well, there is an update about it coming out of the Annual World Economic Forum meeting in Davos–
Reuters reports that the UN body is backing the project:
The United Nations has thrown its weight behind a project to place a $100, hand-cranked laptop computer in the hands of millions of schoolchildren around the globe.
The United Nations Development Programme (UNDP) will sign a partnership agreement with the head of the project, Massachusetts Institute of Technology’s (MIT) Nicholas Negroponte, in the Alpine ski resort of Davos on Saturday, officials said.
This is a great win for Negroponte and its wonderful to see projects that aim to close the digital divide gain traction at such an international level.
Education is a space that has truly benefited from the work of social entrepreneurs. You can tell by looking at the Social Capitalist Awards that a lot of great innovators are doing some good things to improve education, particularly in underserved areas.
At the college level, for-profit institutes have been popping up at a feverish pace and enrollment in them has grown explosively. However, the New York Times(sub. required) reports that the New York Board of Regents has placed a moratorium on new for-profit colleges in the state and is moving to better regulate for-profit colleges because of reports of increasing problems.
Merryl H. Tisch, a regent in New York, notes that “This is a cottage industry that needs to be better regulated, and more attention must be paid to it.”
The article notes that:
A recurring question is whether some schools are enrolling students who have little hope of graduating simply to capture the financial aid. In New York, their students drew $136 million in state tuition assistance grants in 2003-4 – 17 percent of the those grants – even though they accounted for about 7 percent of the undergraduates.
There are several cases of various colleges in New York City being scrutinized for their practices, including ASA Institute of Business and Computer Technology, Interboro Institute, and Taylor Business Institute.
I don’t doubt that the profit opportunity in this space has led to this situation, but I do think something has to be said for the explosive growth in enrollment for these colleges. There are a lot of people out there who want to be educated and they turn out to be the ultimate losers in a situation like this.
In my last post, I ended by posing a question about potential negative externalities from social entrepreneurship, and although this situation is a little bit different, I think my question is relevant because these colleges are focused more on seeking profit than educating, and it actually ends up hurting society.
TreePeople is a non-profit organization in Los Angeles that I was very active in for a very long time. TreePeople’s goal is:
…to inspire the people of Los Angeles to take personal responsibility for the urban forest – educating, training and supporting them as they plant and care for trees and improve the neighborhoods in which they live, learn, work and play.
I spent many weekends volunteering for TreePeople and was a group leader for years. It is an organization that I truly believe in, but I think you have to be an Angelino to understand and appreciate the existence of this organiztion and their mission.
Well, the reason why I chose to plug TreePeople here is because I got around to reading this article in Wired Magazine titled, “Careful Where You Put That Tree,” and it discusses how researchers at Stanford have found that planting forests in the wrong location can actually make the world hotter.
The article is interesting but it I don’t put much weight behind it. It ends with the following words:
“Earth systems are very complicated — you might be able to reduce warming by cutting down some trees, but that wouldn’t be good for the environment overall,” he said. “The less we interfere with the system, the more likely we are to have a healthy planet.”
That basically means we don’t really know what the outcome will be but it does raise a good question about social entrepreneurship. As social entrepreneurs go into environments to change the status quo, will cases crop up where negative externalities emerge from these activities?
Its not an important topic for now, but as the space grows, it might become an important question in the future.
Here is a post from an online marketing blog describing a “user generated content” site that is touting itself as the “PBS of the web” — you can read their press release here.
Here is a quote from the website:
The Digital Universe is an intuitively organized, multimedia Web that will inform, educate, engage and involve people worldwide. The mission is to realize the Internet’s potential as an open, non-commercial medium that inspires creativity, communication, collaboration and education.
The site is owned my ManyOne Networks, and it describes itself as:
ManyOne is a vehicle for people and organizations to collaborate in the
creation of a new, socially responsible information medium. ManyOne and its
partners are pioneering new ways for people to learn about our world and
universe, communicate, work and trade with each other and experience each
I’ll be checking it out and I’ll report back soon. You guys should check it out too and let me know what you think.
Its MLK Day today. Martin Luthor King Jr. was one of the greatest social innovators to live during our time.
You can read all about him at Wikipedia.
I hope that everyone has an opportunity today to get out there and make a difference in the community!
Seth Godin is a marketing guru responsible who has written several brilliant books on marketing, including Purple Cow, All Marketers Are Liars, and Free Prize Inside.
He writes a wonderful blog over at sethgodin.typepad.com and the points he makes about marketing are pretty relevant to social entrepreneurship and I’ve picked up several nuggets from him that shape the way I think about marketing.
A recent blog he wrote titled “The Problem With Prototypes” discusses the problem with prototypes and there is a line in it that I just have to quote:
Most people you know are not as conceptual as you are, especially about stuff you really care about.
I think its important to keep this in mind since social entrepreneurs are a rare breed.
BIGNYC.ORG and the Community Environment Center recently opened ReStore with Habitat for Humanity NYC. Here is the low-down on ReStore:
The ReStore , is New York City’s only non-profit retail outlet for salvaged and surplus building materials; it is co-sponsored by Habitat-NYC and Build It Green! NYC, a program of the Community Environmental Center (CEC).
Salvage & Surplus:
The ReStore Warehouse sells salvaged and surplus building materials at the warehouse — great products at half or below their new price. And you help keep perfectly useful material out of the landfill!
A Better NYC:
All proceeds help Habitat-NYC build affordable homes and support CEC’s environmental education programs.
So make money selling unused materials, and promote “deconstruction” and sell salvaged materials at ReStore. That’s what I call creating value!
This should’ve been my first post but I’m glad I waited because I think there already exists a definition that is pretty good from the Skoll Foundation. Here is a bit about them:
The Skoll Foundation’s mission is to advance systemic change to benefit communities around the world by investing in, connecting and celebrating social entrepreneurs.
I’ll be adding them to my list of resources for social entrepreneurs (right over there on the side). In the meantime, you can peep their definition by clicking through to this link:
I added another category– this is one for practicing social entrepreneurs. The first link I’ve posted in there is to a NY Times article that was published Dec 28, 2005 about Martin Dunn, who is doing some great work in New York City related to low income housing.
Here is an excerpt from the article:
What he builds is called supportive housing…Supportive housing is aimed at keeping people with disabilities or special needs out of institutions and off the streets by integrating them into buildings with working families as neighbors and offering them a panoply of on-site social services, counseling and supervision. It is a concept embraced by the state and city, which have signed an agreement pledging $1 billion over the next 10 years to such housing.