Transcript Deshpande Foundation

Nurturing the Innovation
Ecosystem for Rural
Development
Applying Innovation to Scale Impact
Acceleration
15 innovative social organizations being
accelerated currently (healthcare,
nutrition, livelihoods, clean technology,
agriculture and sanitation)
Consulting, Research &
Program Management
Lead Partner for design &
implementation of 2011 and
2013 Development
Marketplace
Knowledge Partner for the
Marico Innovation
Foundation 2011 to 2014
Curation
Innovation think tank and knowledge
collaborator; churning the ecosystem for
learning, create active opportunities for
peer & practitioner exchange
SURFACING AND SUPPORTING INNOVATIONS WITH
SOCIAL & DEVELOPMENT IMPACT
Defining the INTENDED Impact
healthcare delivery
education access
infant mortality
prenatal care
livelihood access etc etc
SURFACE
INNOVATIONS
THAT CAN…
BRING TO LIGHT
MANY NEW
POSSIBILITIES
FOCUSSED ON
SOME KEY
TARGETED ISSUES
MAYBE
BOTH?
REACHING out & MEETING up
An ASSESSMENT Rubric
• Measuring the innovation by its POTENTIAL
OF IMPACT in the particular context
• Understanding the innovation by the
COMPLEXITY of developing it further
• Nurturing many ideas and innovators through
knowledge exchange – but selecting some
that demonstrate higher potential for scale
Innovator TO Entrepreneur
• The Innovator: Heart of the idea
• A team: The energy behind its development
• A ‘Market’: The demand that will drive
further growth
• What support for the innovator will make
the innovation into a livelihood, a business,
an enterprise with large scale impact?
Selection Through Competition
is just 20%...
• 80 % of success will be in NURTURING THE
INITIAL POTENTIAL
– MENTORING
– ADVISORY INPUTS
– FINANCIAL PLANNING AND DETAILING
– ACCESS TO SUBJECT MATTER EXPERTS &
PROTOTYPE LABS
– TIMELY ACCESS TO WORKING CAPITAL
– INSIGHTS TO CREATE A DEMAND PULL
Systemic Approach
• Surface ideas with
potential of large
impact
• A Peer Network of
Innovators
• Shared Resources to
support their
development
• Taking ideas to
pilots to sustained
scale
INNOVATION TO ENTERPRISE
ACCELERATING BY DESIGN >>>
1
2
3
4
5
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ASSESS
READINESS TO
SCALE:
TRIGGER
MINDSET for
innovation,
scale and
change
IDENTIFY
LEVERS for
Scale;
CO-CREATE,
scale
objectives &
directions
SEEK INSIGHTS
and collaborate
TO DISCOVER
NEW
PERSPECTIVES
& solutions
PROTOTYPE
experimental
operational
models;
REFINED for
STABLE
REPLICATION
ORGANIZATIO
NBUILDING;
Capacity
building in
Operations,
Systems &
People
CONNECT TO
PARTNERSHIPS
& FUNDING;
and new
BUSINESS
OPPORTUNITY
Timeline of 18-24 months
More Learning & Insights
Available on our blog:
www.innovationalchemy.com
Social Media
www.facebook.com/innovationalchemy
Twitter:
@innovalchemy @parvathimenon