Growth will involve engaging with the social needs and complexities of emerging and frontier markets. These issues are no longer just the government’s responsibility, or purely philanthropic efforts. This is the contention of our recently-released section in Deloitte Consulting’s Business Trends 2014: Navigating the Next Wave of Globalization.
Throughout the developing world, water, sanitation, and hygiene are matters of life and death. Every 20 seconds, a child under five dies from a waterborne illness. Eighty percent of diseases are related to contaminated water, and more than 780 million people do not have access to clean drinking water. MORE ››
There has been increasing interest around the world in the role that inclusive businesses, which engage and benefit the global poor, can play in the fight against the problems of poverty. However, disappointingly few of these have achieved the scale required to make a significant difference. An analysis of over 400 such firms in Africa showed that a mere 13% of them had begun to scale. Now, in Beyond the Pioneer: Getting Inclusive Industries to Scale, our colleagues at Monitor Inclusive Markets share new findings that explain why this is the case, along with recommendations for how these problems can be overcome. MORE ››
This post was first published on PhilanTopic.
As philanthropy has gotten more strategic over the last decade, many foundations have begun to lose their appetite for risk and experimentation. But a small number of funders have begun to intentionally seek out and support high-risk, high-reward innovations with the potential to truly transform our most intractable social challenges.
In our recent article, “The Re-Emerging Art of Funding Innovation,” we explore the processes and practices used by these “innovation funders” and look at how funding breakthrough innovation differs from more traditional grantmaking approaches. The article is the cover story for the just-released Spring issue of the Stanford Social Innovation Review and can be found here on their site. MORE ››