NPM807 Lecture Notes - Lecture 2: Stanford Social Innovation Review, Operating Model, Swot Analysis
Document Summary
Financing: the main sources of financing for social enterprises are the sale of goods and services, individual parent organizations, foundations, government funding, individual donors and technical assistance grants. Three building blocks combine to form the foundation upon which social innovation can thrive. A measurable, audacious goal based on what is required for lasting change, rather than what is incrementally possible within existing constraints. The systems, muscles, and culture to quickly learn and adapt in search of the best solution. If intent of learning is to drive innovation and impact, then any data, information, or research collected should be: actionable. Only take the time and energy to gather data where a concrete action or decision will be taken based on the result: meaningful. Focus on improvements in performance rather than the scope of activity: fast. Don"t let perfect be the enemy of the good. If obtaining a comprehensive evaluation will be a lengthy process, look for early indicators of progress.