Good Things Increasing
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1 Social Innovation
2 Good Things Increasing
3 Good Things Increasing
4 Good Things Increasing
5 Good Things Increasing
6 CONTENTS Defining Social Innovation Types of Social Innovation Features of Social Innovation Who does Social Innovation? How does Social Innovation happen? Status of Social Innovation Road ahead and pillars of Social Innovation
7 DEFINING INNOVATION Innovation comes from a Latin word INNOVATION meaning to RENEW or CHANGE New products, business processes and organic changes that create wealth or social welfare Fresh thinking that creates value Successful commercilaisation of a novel idea Application of knowledge in a novel way, primarily for economic benefit
8 IDEA THAT WORKS
9 Innovation is more than a good idea it s a patient process of iteration, learning, evaluation, implementation, and importantly, scaling up what works.
10 TYPES OF INNOVATIONS Product Innovation Process Innovation Innovation in Business Models Incremental or Breakthrough Innovation Reverse Innovation
11 TYPES OF INNOVATIONS How Important is Innovation to Your Organsiation s Long Term Success? Critically important : 47 % Important : 40 % Somewhat important : 12 % Somewhat unimportant : 1 %
12 IMPORTANCE OF INNOVATION ( A Survey in India) 17 % Large Firms Rank Innovation as Top Strategic Priority 75 % Rank Innovation As The Top 3 Priorities 81% Strongly Agree That Innovation has become Critical to Growth and Competitiveness 42% Large Firms and 17 % of SMES Have Introduced New to the World Innovations
13 50 to 80 % ECONOMIC GROWTH COMES FROM INNOVATION
14 MISCONCEPTIONS 1. Creativity: Conceiving something original or unusual. 2. Innovation: Implementation of something new. 3. Invention: Creation of something that has never been made before and recognised as unique product.
15 MISCONCEPTIONS 1. Creativity Ideas Invention Novel ideas Innovation Delivery of novel ideas 2. Every invention is innovation but every innovation is not invention 3. Invention is conversion of cash into ideas. Innovation is conversion of ideas into cash 4 Creativity is thinking new things. Innovation is doing new things. 5. Innovation is applied creativity 6. People are creative. Products or processes are innovative 7. Creativity is small component of innovation process 8. Innovation is 1 % inspiration and 99 % perspiration
16 DEFINING SOCIAL INNOVATION It is about new ideas to address pressing unmet needs that are both social in ends and in their means Social Innovations are new ideas (products, services and models) that simultaneously meet social needs (more effectively than alternatives) and create new social relationships or collaborators.
17 DEFINING SOCIAL INNOVATION Innovative activities and services that are motivated by the goal of meeting a social need and that are predominantly developed and diffused through organisations whose primary purposes are social. A novel solution to a social problem that is more effective, efficient, sustainable or just than existing solutions and for which the value created accrues primarily to the society as a whole rather than private individuals.
18 Social Innovation can be a Product, Production Process, or Technology (Much like Innovation in General), but it can also be A Principle, An Idea, A Piece of Legislation, or Some Combination of Them.
19 TYPES OF SOCIAL INNOVATION
20 SOCIAL VALUE Creation of Benefits or Reduction of Costs for Society In Ways that go Beyond the Private Gains and General Benefits of Market Activity.
21 DIFFERENCE Social innovations are usually new combinations or hybrids of existing elements rather than being wholly new in themselves. It cuts across organisational, sectoral or disciplinary boundaries. It leaves behind compelling new social relationships
22 FEATURES OF SOCIAL INNOVATION 1. Meeting a social need 2. Novelty 3. Open, collaborative and experimental 4. Cross Sectoral 5. Enhancing society s capital to act 6. Building new social relationship 7. Alters perceptions, behaviors and structures that gave rise to challenges
23 FEATURES OF SOCIAL INNOVATION
24 FEATURES OF SOCIAL INNOVATION
25 WHO DOES SOCIAL INNOVATION
26 HOW SOCIAL INNOVATION HAPPENS Identification of Needs Generation of Ideas Prototyping and Pilots Scaling up and diffusion Learning and evolving ALIGNMENT OF BEES AND TRESS
27 HOW SOCIAL INNOVATION HAPPENS
28 WORLD CHANGING SOCIAL INNOVATIONS The Open University Fair Trade Greenpeace Grameen Bank OXFAM Linux software Wikipedia
29 EXAMPLES 1. ALCOHOLICS ANONYMOUS (AA) AA born in 1935 as a result of chance meeting between Holbrook Smith and William Wilson in Ohio. Wilson was alcoholic and Smith was doctor. Wilson told his story as to how he surmounted his problem by attending meetings of groups of alcoholics. Both decided to fine tune the process and upscale its Operation. Now AA has 2 million members and operate in 180 countries
30 2. I PAID A BRIBE EXAMPLES A web portal in India on which citizens can post incidents of bribery encountered by them while dealing with government offices. Launched by a NGO in 2010 This site collects reports about the nature, number, pattern, types, location, frequency, and value of actual corrupt acts. As a result of its openness, many procedures were changed, many corrupt officers were punished. Replicated in 16 other countries
31 3. TEACH FOR AMERICA EXAMPLES Started as a Non profit in 1989 by Wendy Kopp with a mission to reduce educational inequality. Students are recruited from best universities, and they teach for 2 years in different schools. Now they are having crop members and taught 5 million students Replicated in many countries
32 4. GRAMEEN BANK EXAMPLES A unique bank started by Prof Yunus, a Novel Laureate, in 1983 in Bangladesh which gives loans to poor without any security. As on December 2017, 8.93 million borrowers out of which 97 % are women Bank is owned by borrowers. Recovery rate is above 95 %
33 EXAMPLES 5. ATTACK ON OPEN DEFECATION IN CAMBODIA 72 % of rural population go for open defecation Effect of government scheme marginal International Development Enterprise (IDE) with the support of international organisations brought an innovation i.e going for a market driven solutions for attacking this problem of open defection
34 STATUS OF SOCIAL INNOVATION
35 STATUS OF SOCIAL INNOVATION OF ASIA PACIFIC COUNTRIES Country Score New Zealand 6 Australia 11 South Korea 12 Japan 23 Malaysia 24 Thailand 33 India 34 Bangladesh 42 Philippines 45 (source : The Economic Intelligence Unit)
36 PILLARS OF SOCIAL INNOVATION Policy & Institutional Framework Financing Entrepreneurship Civil Society
37 THE BEST SOCIAL INNOVATION HAPPENS WHEN THE TALENTS, RESOURCES, AND IDEAS OF THE SOCIAL, PRIVATE AND PUBLIC SECTOR ALIGN AROUND A COMMON SOCIAL CHALLENEGE AND SHARED VALUE
38 EVERY ONE IS A CHANGE MAKER
39 THANKS For any Clarifications Contact: N.N.Sharma
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