nurturing the innovation ecosystem for rural development applying innovation to scale impact
TRANSCRIPT
Nurturing the Innovation Ecosystem for Rural
Development
Applying Innovation to Scale Impact
Acceleration15 innovative social organizations being accelerated currently (healthcare, nutrition, livelihoods, clean technology, agriculture and sanitation)
Consulting, Research & Program ManagementLead Partner for design & implementation of 2011 and 2013 Development MarketplaceKnowledge Partner for the Marico Innovation Foundation 2011 to 2014
CurationInnovation 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
MAYBE BOTH?
healthcare deliveryeducation accessinfant mortalityprenatal care livelihood access etc etc
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
• 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
Systemic Approach
INNOVATION TO ENTERPRISEACCELERATING BY DESIGN >>>
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
ORGANIZATIONBUILDING;
Capacity building in
Operations, Systems &
People
1 2 3 4 5 6
Timeline of 18-24 months
CONNECT TO PARTNERSHIPS
& FUNDING; and new
BUSINESS OPPORTUNITY
More Learning & InsightsAvailable on our blog:
www.innovationalchemy.com
Social Media www.facebook.com/innovationalchemy
Twitter:@innovalchemy @parvathimenon