Week 3: Scale & Intro to Systems Entrepreneurship/Innovate Finance
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Name & Surname *
Question 3.1 *
Watch - Frances Westley on Scaling Social Innovation.                                                                                                                       Prompt: What is the difference between scaling up, out and deep and give examples of how your work is already doing each of these types of scale.                                                                                                                                                                              Identify opportunities for your work to scale up, out and deep? How does scaling up, out and deep relate to Systems Change? What is your understanding of institutional/systems entrepreneurship and how it relates to different types of scale?                  Share reasons why (or why not) you can see your organisation taking on the role of institutional entrepreneurship?              Time: 1.5 – 2 hours
Question 3.2 *
Watch: Rethinking Innovation and Scale.                                                                                                                                                 How can your work make a difference at scale in the Earth’s system? How has your work created change in the dynamics of the system that cause the problem in the first place?  How has it not?                                                                                                    Refer to Michele-Lee Moore’s (the second speaker in the video) piece about the niche, regime and landscape to answer the question: which levels of scale your organisation needs to undertake and why?                                                                               Time: 1- 1.5 hours
Question 3.3 *
Watch - Biofuels in Brazil: alternative or disaster?                                                                                                                                    This video is a cautionary tale on how scaling something that seems to be good can cause negative unintended consequences in the broader system.  What (negative) unintended consequences could be caused by scaling the work of your organisation? Time: 1 - 1.5 hours
Question 3.4 *
Watch Power and Love: Adam Kahane at Ted-X.                                                                                                                                        Does Kahane’s conceptualisation about the “two sides of power” resonate with your own organisation’s objectives (self-realisation mission)? How does love, as Kahane speaks about it, present itself in your organisation?                                               Does Kahane’s argument about working with power and love complicate or simplify your understanding of how to advance social change in a system?
Innovative Finance
Question 3.5 *
Watch                                                                                                                                                                                                  Innovative Finance Course: Identifying revenue streams (video 3 2)                                                                                             Innovative Finance Course: Identifying revenue streams Part 2 (video 3 3)                                                                                  Innovative Finance Course: Monetizing assets case study final (video 3 7)                                                                                Innovative Finance Course: Adapting risk for different funders part 2 (video 4 6).                                                                            Read                                                                                                                                                                                                     Innovative Finance in Africa Review page 35-61                                                                                                                                     Meet the Change Agents Who Are Enabling Inequality by Joseph E. Stiglitz                                                                                         How to vet your investors – and why you must by Alex Evangelides                                                                                               Prompts:                                                                                                                                                                                                            1) The videos from the Innovative Finance Course will cover potential revenue models often used by impact enterprises; do some of them apply to your organisation?                                                                                                                                                          2) The 4th video from the Innovative Finance Course as well as the reading from the Innovative Finance in Africa Review cover different funding models; do some of them apply to your organisation and if so, how might they be tailored to fit your needs – can you build a straw man of an innovative finance model for your organisation based on the revenue and funding models presented here?                                                                                                                                                                                               3) The reading by Joseph E. Stiglitz is his take on the book ‘Winners Take All’ by Anand Giridharas. Both of them highlight some of the systemic issues of the impact investing / social impact sector by for instance questioning the power dynamics in a system where the elite “reinforces our lopsided economic reality”. Does this take on the impact investing / social impact sector have any relevance to your organisation and experiences?                                                                                                                              4) Speaking of power, the final reading by Alex Evangelides is a call to impact organisations to due diligence their social investors (the vice versa is certain). The article outlines a methodology of how to go about this; is it of relevance to you and your organisations as well your existing and future funder relationships? Time: 2.5 – 3 hours
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