Social Innovation

Good Things Increasing

Good Things Increasing

Good Things Increasing

Good Things Increasing

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

DEFINING INNOVATIONInnovation 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”

IDEA THAT WORKS

“Innovation is more than a good idea—it’s a

patient process of iteration, learning,evaluation, implementation, and

importantly, scaling up what works.”

TYPES OF INNOVATIONS

• Product Innovation• Process Innovation• Innovation in Business Models• Incremental or Breakthrough Innovation• Reverse Innovation

How Important is Innovation to Your Organsiation’s Long Term Success?

• Critically important : 47 %• Important : 40 %• Somewhat important : 12 %• Somewhat unimportant : 1 %

TYPES OF INNOVATIONS

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 toGrowth and Competitiveness

• 42% Large Firms and 17 % of SMES Have Introduced New to theWorld Innovations

50 to 80 % ECONOMIC GROWTH COMES

FROM INNOVATION

MISCONCEPTIONS

1. Creativity: Conceiving something original or unusual.

2. Innovation: Implementation of something new.

3. Invention: Creation of something that has never beenmade before and recognised as unique product.

1. Creativity – IdeasInvention – Novel ideasInnovation – Delivery of novel ideas

2. Every invention is innovation but every innovation is notinvention

3. Invention is conversion of cash into ideas. Innovation isconversion of ideas into cash

4 Creativity is thinking new things. Innovation is doing newthings.

5. Innovation is applied creativity6. People are creative. Products or processes are innovative7. Creativity is small component of innovation process8. Innovation is 1 % inspiration and 99 % perspiration

MISCONCEPTIONS

DEFINING SOCIAL INNOVATION

• It is about new ideas to address pressing unmetneeds that are both social in ends and in their means

• Social Innovations are new ideas (products, servicesand models) that simultaneously meet social needs(more effectively than alternatives) and create newsocial relationships or collaborators.

• Innovative activities and services that are motivatedby the goal of meeting a social need and that arepredominantly developed and diffused throughorganisations whose primary purposes are social.

• A novel solution to a social problem that is moreeffective, efficient , sustainable or just than existingsolutions and for which the value created accruesprimarily to the society as a whole rather than privateindividuals.

DEFINING SOCIAL INNOVATION

Social Innovation can be a Product, ProductionProcess, or Technology (Much like Innovation inGeneral), but it can also be A Principle, An Idea, A Pieceof Legislation, or Some Combination of Them.

TYPES OF SOCIAL INNOVATION

SOCIAL VALUE

Creation of Benefits or Reduction of Costs forSociety – In Ways that go Beyond the PrivateGains and General Benefits of Market Activity.

DIFFERENCE

• Social innovations are usually new combinations orhybrids of existing elements rather than beingwholly new in themselves.

• It cuts across organisational, sectoral ordisciplinary boundaries.

• It leaves behind compelling new socialrelationships

FEATURES OF SOCIAL INNOVATION

1. Meeting a social need2. Novelty3. Open, collaborative and experimental4. Cross –Sectoral5. Enhancing society’s capital to act6. Building new social relationship7. Alters perceptions, behaviors and structures that

gave rise to challenges

FEATURES OF SOCIAL INNOVATION

FEATURES OF SOCIAL INNOVATION

WHO DOES SOCIAL INNOVATION

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

HOW SOCIAL INNOVATION HAPPENS

WORLD – CHANGING SOCIAL INNOVATIONS

• The Open University

• Fair Trade

• Greenpeace

• Grameen Bank

• OXFAM

• Linux software

• Wikipedia

EXAMPLES1. ALCOHOLICS ANONYMOUS (AA)

• AA born in 1935 as a result of chance meeting betweenHolbrook 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

2. I PAID A BRIBE

• A web portal in India on which citizens can post incidentsof bribery encountered by them while dealing withgovernment offices.

• Launched by a NGO in 2010• This site collects reports about the “nature, number,

pattern, types, location, frequency , and value of actualcorrupt acts”.

• As a result of its openness, many procedures werechanged, many corrupt officers were punished.

• Replicated in 16 other countries

EXAMPLES

3. TEACH FOR AMERICA

• Started as a Non – profit in 1989 by Wendy Kopp with amission to reduce “educational inequality”.

• Students are recruited from best universities, and theyteach for 2 years in different schools.

• Now they are having 50000 crop members and taught 5million students

• Replicated in many countries

EXAMPLES

4. GRAMEEN BANK

• A unique bank started by Prof Yunus, a Novel Laureate,in 1983 in Bangladesh which gives loans to poor withoutany security.

• As on December 2017, 8.93 million borrowers out ofwhich 97 % are women

• Bank is owned by borrowers.• Recovery rate is above 95 %

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 aninnovation i.e going for a market driven solutions forattacking this problem of open defection

EXAMPLES

STATUS OF SOCIAL INNOVATION

STATUS OF SOCIAL INNOVATION OF ASIA –PACIFIC COUNTRIES

Country ScoreNew Zealand 6Australia 11South Korea 12Japan 23Malaysia 24Thailand 33India 34Bangladesh 42Philippines 45

(source : The Economic Intelligence Unit)

PILLARS OF SOCIAL INNOVATION

• Policy & Institutional Framework

• Financing

• Entrepreneurship

• Civil Society

THE BEST SOCIAL INNOVATION HAPPENS WHENTHE TALENTS, RESOURCES, AND IDEAS OF THESOCIAL, PRIVATE AND PUBLIC SECTOR ALIGNAROUND A COMMON SOCIAL CHALLENEGEAND SHARED VALUE

EVERY ONE IS A CHANGE MAKER

THANKS

For any Clarifications

Contact: N.N.Sharma

nn.sharma@bimtech.ac.in