Innovation Bazar | Human-Centered Consulting, Training & Coaching’s Post

#JerooSays "Am I a social Innovator?  Who is a social innovator?  What does it mean to be a social innovator? I explore these questions as I try to unpack the social innovation sector to conceptualise the collective establishment of a social innovation ecosystem. Social innovators, the architects of change, are the visionaries who confront social challenges with a sense of purpose and a determination to make the world a better place. They are individuals, organisations, or groups who seek innovative solutions to address our pressing social, environmental, or economic issues. " Do you challenge the status quo, seeking alternative pathways forward? Are you a social innovator? I invite you to reflect on your own actions and decisions. Do you challenge the status quo, seeking alternative pathways forward? If so, you might just be a social innovator. #socialinnovation #socialinnovator

Role of collaborative innovation in the social sector

At The Social Innovation Summit, we're not just talking about change; we're making it happen. 🌎✨ The Summit's power lies in its ability to assemble participants from diverse sectors, each bringing their perspectives and expertise - all dedicated to #Purpose and #SocialImpact. Read Gil Bashe's latest piece on Medika Life to learn how #SIS2024 is catalyzing societal impact from the heart of Chicago: https://lnkd.in/ePMqcPa5

Social Shifters Global Innovation Challenge Around the world, millions of young Social Shifters are taking on today’s most pressing social and environmental challenges. If you’re a young person (18-30 years) with an idea, project or business solution to an issue that matters to you and your community, your journey starts here. To enter the Social Shifters Global Innovation Challenge your […] #innovation #management #technology #creativity

🚀 Thrilled to share that applications for BCG X's 2024 Social Impact Accelerator are now open! 🌍✨ At BCG X, we're passionate about leveraging data and technology to foster meaningful change. This program is a unique chance for startups, NGOs, and visionary social innovators across Europe to accelerate their impact by collaborating with our expert teams. What excites me the most about this year’s accelerator? The opportunity to work closely with brilliant minds eager to solve pressing global challenges through innovation and data-driven insights. This is where your bold ideas can transform into impactful solutions. 👉 Here's why you should apply: • 𝐍𝐨 𝐄𝐪𝐮𝐢𝐭𝐲, 𝐍𝐨 𝐅𝐞𝐞𝐬: We’re invested in your success, not a stake in your venture. • 𝐄𝐱𝐩𝐞𝐫𝐭 𝐌𝐞𝐧𝐭𝐨𝐫𝐬𝐡𝐢𝐩: Access tailored guidance from industry leaders, including insights from the forefront of AI. • 𝐄𝐱𝐩𝐚𝐧𝐬𝐢𝐯𝐞 𝐍𝐞𝐭𝐰𝐨𝐫𝐤: Connect with like-minded changemakers and potential partners who are equally passionate about making a difference. Whether you're at the idea stage or scaling up, we're here to boost your journey. 🚀🌐 Let's innovate and impact together. Check out the details and submit your application by May 13th! Click for more info ➡️ https://on.bcg.com/44dmjbk #BCGXSocialImpactAccelerator #SocialInnovation #AI #GenAI #TechForGood #SocialImpact

Are you a #social #innovator, #facilitator, or #evaluator eager to enhance your #impact on complex social #challenges? In his article "Updates to Evaluating Social Innovation Prototypes: A Guide", Mark Cabaj has fine-tuned key aspects like the experimental niche for #prototyping ensuring a more comprehensive approach. Cabaj has clarified the evaluation process, addressing both structured and organic approaches to social innovation! Find out more here: https://lnkd.in/ePcxT9aw

👁 If You're in Product, Then You Need to Know About Social Innovation... Social innovation means finding new ways to solve problems that affect people and society. These could be products, services, models, processes that work better than existing solutions. The goal is to improve the lives of people and communities by tackling social challenges. Issues such as poverty, education, health, and environmental sustainability. Key aspects of social innovation include: ✅ Focus on Social Impact The main goal is to make a positive change in society, not just to make money. This change can happen in small communities or even across the world. ✅ Collaborative Approach Social innovation often involves different groups working together. Like governments, non-profits, businesses, and the community. This collaboration helps bring in different ideas and resources. ✅ Sustainability The goal is to create solutions that can continue to help people for a long time, not just temporary fixes. ✅ Systemic Change Social innovation aims to address the root causes of social issues and not the symptoms. This means changing structures and how things are done to stop the problems from coming back. ✅ Inclusivity Social innovations try to make sure that everyone benefits, especially people who might be left out or underserved. This ensures that no one is left behind. 👉 If you want to learn more about Social Innovation, Follow us on P4G-- A space where you can sharpen your product skills and create social impact. P.S. We're having a kick-off event this month where you can explore how to create social good as a person in product. If you're interested, link will be in the comments. #socialgood #productmanagement #product #techforgood

Welcome to the Social Innovation Forum 2024. We are excited to kick off the opening day with a full agenda of insightful discussions and workshops focused on social innovation and tackling the skills gap. Here's an overview of today's programme: ✨ Opening and Welcome A video message from Mario Nava, Director General, DG EMPL, European Commission and Lina Nevinskiene, Director of the European Social Fund Agency 🎯 Keynote: Completing the Social Innovation Puzzle: How to Build Functional Ecosystems and Address the Skills Gap? Led by Ciprian Stanescu Stănescu. 🚀 How Does a Single Idea Activate Social Change? Two promising innovations, The Craftsmen Design and Salary Instead of Pocket Money, will be presented on stage. 🗣️ Panel Discussion: Achieving Social Innovation: From Abstract Idea to Implementation. A discussion featuring experts and leaders, addressing solutions to transform social innovation projects from concept to reality. 🎯 During the Social Innovation Market participants will have the unique opportunity to meet over 30 social innovators and engage directly with their work. 💬 In Workshops – Session 1, five Communities of Practice (CoPs) and ALMA Network participants will review the 2024 events and outputs, fostering collaboration across ESF+ Communities of Practice and Networks, and strengthening their work programmes. 🧩 In Workshops – Session 2, participants will explore synergies between grants, capacity building, and networking within the ESF+ SI+ initiative, exchanging feedback and best practices. We are eager to learn from inspiring leaders and innovators from across Europe. Let’s connect, collaborate, and drive meaningful change together! #ESFplus #SocialInnovationPlus #SIF2024 #EUfunds

Value, growth, and impact are the three pillars of #socialinnovation (Lean Impact by Ann Mei Chang). These should inform any social enterprise’s strategy and a social enterprise needs to deliver on all three to realize #socialimpact at scale. 💡 Value: Is there demand? Will your targeted users or customers purchase and use the product and service you’re providing? 💡 Growth: Will it scale? What’s the engine that can accelerate growth over time? Hint: If you answered grant funding, that’s not a sustainable strategy. 💡 Impact: Does it work? What social benefit are you offering? What measurable change are you achieving? How are you measuring impact? “Few mission-driven organizations embrace and validate all three pillars of social innovation from the start… This is one reason the sector vastly underperforms relative to its potential. By investing in more diligence upfront to ensure solutions meet real user needs, have a sustainable engine for growth, and achieve the desires social impact, far more social benefit can be created over time.” - Lean Impact [Last week I wrote about “Who” and I’ll spend the next few weeks on “What” - various strategy frameworks that I’ve applied previously in my own work and have recommended to other organizations] For more reading on social innovation ⬇ : 📌 Lean Impact https://lnkd.in/eNP_FK47. If I were to recommend only one book to anyone working in the social impact space, it would be this. It takes start-up principles and applies them to the social sector in a practical and brutally honest way. Jacqueline Novogratz wrote “Run, don’t walk, to buy this book.” Also, look up Ann Mei’s background for context. 📌 Value Proposition Canvas tool https://lnkd.in/es628irU. A practical tool from the Value Proposition Design book (by the authors of Business Model Generation) to assess value, and used in start-up accelerator programs. 📌 Innovation is not the Holy Grail from Stanford Social Innovation Review https://lnkd.in/eAVUsH_i. The push for innovation as a process.

SOCIAL INNOVATION IN BUSINESS (Fourth and last part) Researched by CoPilot AI by #BingAI Businesses face several challenges when implementing social innovation, including: 1. Resistance to Change: Organizations often encounter resistance from within when trying to implement new social innovations. This can stem from a lack of understanding, fear of the unknown, or comfort with the status quo1. 2. Resource Allocation: Social innovation initiatives may require significant resources, which can be a challenge, especially for smaller businesses or those with limited budgets1. 3. Organizational Silos: Breaking down silos within an organization is essential for social innovation to thrive. However, fostering cross-departmental collaboration can be difficult1. 4. Cultural Barriers: Every organization has its own culture, and introducing social innovation may require a cultural shift that aligns with the values and goals of the innovation1. 5. Market Uncertainties: Social innovations often address new or untested markets, which can introduce uncertainties regarding demand, profitability, and long-term viability1. 6. Measuring Impact: It can be challenging to measure the impact of social innovations, especially when the benefits are not immediately tangible or quantifiable2. 7. Legal and Regulatory Environments: Navigating the legal and regulatory Balancing Innovation with Feasibility: While being innovative is important, businesses must also ensure that their social innovations are practical and feasible to implementenvironments can be complex, especially when social innovations intersect with public policy or require new legislation2. 8. Ensuring Inclusivity and Equity: Making sure that social innovations are inclusive and equitable is crucial, but it can be challenging to ensure that they benefit all stakeholders fairly2. 9. Experimentation and R&D: Social innovations often require a phase of experimentation and research, which can be resource-intensive and risky3. These challenges highlight the need for a strategic approach to implementing social innovation, one that involves careful planning, stakeholder engagement, and a willingness to adapt and learn from the process.