Killer Innovations with Phil McKinney - A Show About Ideas Creativity And Innovation

Social Innovation: How To Use Creativity To Improve Charity Impact S12 Ep30


Listen Later

Creating a social innovation to impact the social problems and opportunities our society faces is incredibly rewarding. Most (but not all) organizations working to address the social challenges are stuck in a rut. They are running their programs the same way they've always done them. In today's world, getting caught in the rut will dome any organization – including charities.
This week, we discuss the challenges, opportunities and considerations to radically improve the innovations being created and applied to social/charity organizations.
Social innovation topics covered include:

* The role of charities to have social impact
* Social innovation: Innovative solutions to a social problem
* Social entrepreneurship: A start-up that has a social objective as its priority
* Social enterprise: A large organization that has as part of its mission to address a social objective
* Ways to help charities including fundraising and supporter engagement
* Examples of highly creative charities:

* Community Voice Mail (Homelessness)
* Kira Microfinance
* List of 10 innovative charities


* Having a social mission as part of your business is good business
* Normal companies have an obligation to put charge holders above any social mission
* B Corp and Benefit corporations allow you to put the social mission on equal footing of shareholders
* Investors who are supported of social objectives are referred to as impact investors
* You don't need to have large amount of money. You can have social impact by using SRI (socially responsible investing)
* 4 tips for charity innovation

* Trusted Recommendations: We've become accomsted to checking Yelp for “trusted recommendations”. How could your charity secure trusted recomendations from entities beyond the ones most charities secure.
* Customers For Life: In the business world, its more cost effective to keep a customer than get a new one. Same applies to charities. Do you think about your supporters as “customers”? What best practices could you borrow from the business world?
* Relevant and Personalized Content: Content marketing is one of the key ways to secure a deeper relationship with your customers – as long as you recognize that a “one size fits all” model will not work. The same for your supporters.
* Trust: We've all seen the headlines when business and charity leaders go astray and the organization looses its trust with its supporters. What can you do to increase trust? What do you have in place to ensure you don't squander the trust you've earned?



Show Links

* Global Impact Investing Network
* Socially Responsible Investing
* B Corp
* Benefit corporations
* 10 Innovative Charities

 
...more
View all episodesView all episodes
Download on the App Store

Killer Innovations with Phil McKinney - A Show About Ideas Creativity And InnovationBy Phil McKinney

  • 4.6
  • 4.6
  • 4.6
  • 4.6
  • 4.6

4.6

74 ratings


More shows like Killer Innovations with Phil McKinney - A Show About Ideas Creativity And Innovation

View all
Entrepreneurial Thought Leaders (ETL) by Stanford eCorner

Entrepreneurial Thought Leaders (ETL)

710 Listeners

HBR IdeaCast by Harvard Business Review

HBR IdeaCast

177 Listeners

Coaching for Leaders by Dave Stachowiak

Coaching for Leaders

1,459 Listeners

a16z Podcast by Andreessen Horowitz

a16z Podcast

1,030 Listeners

The Knowledge Project with Shane Parrish by Shane Parrish

The Knowledge Project with Shane Parrish

2,640 Listeners

Founders by David Senra

Founders

1,877 Listeners

Make Me Smart by Marketplace

Make Me Smart

5,494 Listeners

Masters of Scale by WaitWhat

Masters of Scale

3,995 Listeners

Choiceology with Katy Milkman by Charles Schwab

Choiceology with Katy Milkman

1,431 Listeners

Guy Kawasaki's Remarkable People by Guy Kawasaki

Guy Kawasaki's Remarkable People

656 Listeners

All-In with Chamath, Jason, Sacks & Friedberg by All-In Podcast, LLC

All-In with Chamath, Jason, Sacks & Friedberg

9,095 Listeners

Coaching Real Leaders by Harvard Business Review / Muriel Wilkins

Coaching Real Leaders

650 Listeners

The AI Daily Brief (Formerly The AI Breakdown): Artificial Intelligence News and Analysis by Nathaniel Whittemore

The AI Daily Brief (Formerly The AI Breakdown): Artificial Intelligence News and Analysis

462 Listeners

HBR On Strategy by Harvard Business Review

HBR On Strategy

84 Listeners

HBR On Leadership by Harvard Business Review

HBR On Leadership

151 Listeners