Achieving Greater Impact Through Model-Sharing
Even if another model isn’t quite right, the idea of model-sharing—teaching and learning lessons from others—can be enlightening.
Even if another model isn’t quite right, the idea of model-sharing—teaching and learning lessons from others—can be enlightening.
Akshaya Patra USA is an innovative social enterprise, a food program that is changing the face of education in India. In this audio interview with Stanford Center for Social Innovation correspondent Sheela Sethuraman, President and CEO Madhu Sridhar talks about how the enterprise grew from a small organization to a massive, well-run entity. She discusses its noble goals and its strategically oriented approaches to meeting high-volume demand at low cost.
The area of education is ripe for social enterprise efforts, both within and outside U.S. borders. In this audio interview with Stanford Center for Social Innovation correspondent Sheela Sethuraman, Executive Director Tomas Recart talks about what Ensena Chile is doing to create educational change in Chile using the Teach For America model. He discusses recruitment, program evaluation, and the expansion of the effort to other Latin American countries.
How can an innovative player in social entrepreneurship enable her exciting new idea to fulfill her dream of changing the world? This panel discussion of successful innovators examines the challenges of replicating and scaling ideas into massive realities of social change. Experts share their varied experience in identifying the important considerations that can grow a successful neighborhood social program into a global social venture.
Financing the growth of operations to achieve major scale is undoubtedly the biggest challenge facing social entrepreneurship. This panel discussion explores the current challenges and constraints in mobilizing capital flow to compelling social enterprises. Experts cover a range of strategies and channels available to social entrepreneurs for financing growth plans, including emerging alternatives to create new asset classes (hybrid, for-profit, and for-benefit models).
Since 1970, more than 200,000 nonprofits have opened in the U.S., but only 144 have reached $50 million in annual revenue. They got big by doing two things: They raised the bulk of their money from a single type of funder. And just as importantly, these nonprofits created professional organizations that were tailored to the needs of their primary funding sources.
A decade of applying the collective impact approach to address social problems has taught us that equity is central to the work.
How do innovations move from the edges to the core of what an organization does? For maximum impact, innovations must cease to be innovative and become institutionalized and normalized.
Impact evaluations are an important tool for learning about effective solutions to social problems, but they are a good investment only in the right circumstances.
Scaling requires not only fidelity to core processes and programs, but also constant adjustments to local needs and resources.