Technology executives worldwide believe that the United States and China are the top two countries with the greatest potential to drive technology breakthroughs that will have a global impact in the next four years, according to the Global Technology Innovation survey by KPMG LLP, the audit, tax and advisory firm.
U.S, China, India, Korea, Japan, Israel – Most Promising Tech Innovators In Next Four Years: KPMG Survey
July 22, 2013 by Vallabh Rao
July 22, 2013 by Vallabh Rao
Invested Development (ID), a seed-stage investment fund manager, has invested in Growing Energy Labs, Inc. (GELI), a startup developing software for energy storage. GELI’s software integrates, networks, and economically operates energy storage, dramatically increasing the opportunity to bring alternative energy solutions mainstream.
March 17, 2013 by Vallabh Rao
University of Oxford and W.K. Kellogg Foundation announce launch of the Oxford Impact Investing Programme
March 4, 2013 by Vallabh Rao
Said Business School at the University of Oxford and the W.K. Kellogg Foundation (WKKF), one of the world’s largest foundations, announce a partnership to launch the Oxford Impact Investing Programme.
Sterling Speirn, WKKF president and CEO said, “The Kellogg Foundation could not be more pleased to join with one of the world’s leading business schools to enrich our foundation’s impact and to contribute our insights to the program. This program is a wonderful opportunity for two global leaders to collaborate and expand the field of impact investing.”
March 1, 2013 by Vallabh Rao
Came across this interesting tweet: ”In the 80s, everyone wanted to be in a band. In this decade, it’s cool to be an entrepreneur”
— Dan Martin (@Dan_Martin) March 1, 2013
March 1, 2013 by Vallabh Rao
IndiBlogger.in, a community of Indian bloggers has launched IndiChange, a platform that aims to ‘harness the collective power of blogging to fight evil’. The first campaign on IndiChange is a joint effort between IndiBlogger and Breakthrough for the of launch “Ring The Bell” in India. “Ring The Bell” is an award-winning global campaign calling on men and boys to take action and stop violence against women.
January 2, 2013 by Vallabh Rao
Crowdfunder, an online platforms that enables businesses to raise funds through a social network, announced the launch of its Social Enterprise Hub. The hub will serve as a community on Crowdfunder for social entrepreneurs and investors to connect around the growth and funding of for-profit social enterprises, helping to scale the impact that investors make with their dollars.
December 7, 2012 by Vallabh Rao
The Global Impact Investing Network (GIIN) announced today that the United Kingdom’s Department for International Development (DFID) will provide GBP 10.5 million to support the GIIN’s role in developing and growing the impact investing market in sub-Saharan Africa and Asia.
The Global Impact Investing Network (GIIN) is a nonprofit organization dedicated to increasing the scale and effectiveness of impact investing. Impact investments are investments made into companies, organizations, and funds with the intention to generate measurable social and environmental impact alongside a financial return.
The funding is part of DFID’s new Impact Programme, which will also establish a DFID Impact Fund that will be managed by CDC Group, the UK’s development finance institution. The DFID Impact Fund will invest in impact investment intermediaries providing capital to businesses and projects improving the lives of poor people. Backed by expert technical assistance, the DFID Impact Fund is designed to attract new investors to promising impact investment intermediaries.
December 5, 2012 by Vallabh Rao
Flipkart would like you to believe they are the epitome of online convenience but this experience has demonstrated serious lapses in the way they work.
November 22: I run out of Nivea Hydrocare Lipcare Balm
I wanted to buy in online because I did not want to go around looking for it in shops , I came across the product on Flipkart which was priced at Rs 131. So I bought another product which I really didn’t need for Rs 185 so that the total bill exceeds 300 required for free shipping at Flipkart.
December 4 11AM: I get an email from Flipkart saying my order has been cancelled as they could not procure the item.
I wrote to them in the evening asking “But shouldn’t the product not be listed on the website in that case? Why was this not mentioned when I was buying it that you might not actually have it ? So by listing a product on the website does it mean you might have or not have it ? Should not there be a disclaimer about all purchases then ?”
So this means that products listed on Flipkart for which you pay MAY OR MAY NOT BE AVAILABLE
And now for the hilarious part
December 4 midnight: They reply saying the product is now available and I will have to order again and make sure the billing amount is 300 to get free shipping!!
This is just plain absurd !! Then when I decline this gracious offer , they want to give me ‘Wallet Balance’ so that I can use it on Flipkart !!
Seriously No Kidding !
Better be careful before buying stuff on Flipkart , they might not actually have it!!
Ashoka Changemakers Global Competition Aims to Identify, Support, and Build a Global Network of Social Intrapreneurs
December 2, 2012 by Vallabh Rao
The term “Social Intrapreneur” first gained attention with a research report published in 2008. This “Field Guide” identified individuals that are inside business, developing scalable solutions to some of the world’s most intractable problems.
Just like social entrepreneurs, social intrapreneurs are motivated to change the status quo. Looking over the horizon, they see opportunity in the face of great challenge. This tribe of pioneers is incubating social change from the inside out, delivering business solutions that directly impact social and environmental inequities.
“Social intrapreneurs are among the most important catalysts for improving the social and environmental impact of large organizations,” said Gib Bulloch, executive director of Accenture Development Partnerships. “Fifty-plus of the largest 100 economies in the world are businesses, and just one degree of change instigated from the bottom up by a social intrapreneur can make a huge difference to communities reached by those companies.”
But bringing social intrapreneurship from the fringes into the mainstream is not an easy task. This is why Ashoka, the world’s largest organization of social entrepreneurs, and Accenture, a global consulting company, have joined forces to launch The League of Intrapreneurs: Building Better Business from the Inside Out. It is a global competition that aims to identify, support, and build a global network of social intrapreneurs.
Competition participants can submit entries until January 15, 2012 at changemakers.com/intrapreneurs. The best 15 entrants will form the inaugural class of the League of Intrapreneurs, becoming part of an elite global network.
An expert panel of judges will select three winning entries from the League, and the Changemakers online community will vote to determine one additional winning entry. These winners will receive pro-bono consulting support from Accenture, and an invitation to attend the Skoll World Forum, plus press coverage (if desired).
Examples of Social Intrapreneurs:
Sam McCracken is the GM of Nike’s Native American business. Sam – a member of the Sioux tribe – was working in the company’s warehouse when he realized he had the ability to solve a problem in his community: rising obesity and diabetes. Sam found a way to leverage Nike’s brand to drive athletic participation among Native American communities – first by providing access to discounted product and then by developing appropriate and affordable products.
Susie Lonie and Nick Hughes developed Vodafone’s M-Pesa initiative, a mobile payment offering targeting low-income customers in Kenya. In just five years, M-Pesa has reached 17 million subscribers. Nick and Susie not only pioneered a specific innovation, but also helped Vodafone reframe its role as a platform solution to broader societal issues such as access to finance and health care.
QUOTES FROM SOCIAL INTRAPRENEURS:
“How are we going to make a social impact, earn money, grow business, and still be here in 100 years? …Social intrapreneurs have by far the greatest chance to make a social impact at scale…”
Geoﬀ McDonald, Global Vice President of human resources, Unilever
“Corporate responsibility is largely about risk management, while social intrapreneurship is about risk taking.”
Gib Bulloch Founder Accenture Development Partnership
“Intrapreneurs and their wide ranging projects provide an important indication of how future business models and leadership styles are likely to evolve to meet the world’s sustainability challenges.”
John Elkington, Founder, SustainAbility and Volans
“Social intrapreneurs are a rare species…Yet, this is a species that must be patiently nurtured. The promise for society and opportunity for business make the task of identifying and supporting social intrapreneurs within large corporations a highly rewarding challenge.”
Paul Achleitner, Member of the Board of Management, Allianz