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Bates - The social innovation imperative: create winning products, services, and programs that solve societys most pressing challenges

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The social innovation imperative: create winning products, services, and programs that solve societys most pressing challenges: summary, description and annotation

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In recent years, business leaders have been investing unprecedented amounts of time and money pursuing innovation to drive profits and growth. Although far from perfected, the innovation best practices they follow are by now well established.

But when your expected ROI isnt measured in dollars but in social good, the game is played very differentlywhich is where The Social Innovation Imperative comes in.

Sandra M. Bates has spent the last decade helping major corporations create new markets for technology, consumer goods, and services. Now, she turns her attention to the social sector. The Social Innovation Imperative begins by explaining why innovation in social sectors, such as health care, conservation, and education, is unique and then provides the framework and tools that create a best practice for driving innovative change that will impact our world.

Bates organizes the process into action-oriented steps you can follow to meet your goals...

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THE SOCIAL INNOVATION IMPERATIVE

Create Winning Products, Services,
and Programs That Solve Societys
Most Pressing Challenges

SANDRA M. BATES

Copyright 2012 by The McGraw-Hill Companies Inc All rights reserved Except - photo 1

Copyright 2012 by The McGraw-Hill Companies Inc All rights reserved Except - photo 2

Copyright 2012 by The McGraw-Hill Companies, Inc. All rights reserved. Except as permitted under the United States Copyright Act of 1976, no part of this publication may be reproduced or distributed in any form or by any means, or stored in a database or retrieval system, without the prior written permission of the publisher.

ISBN: 978-0-07-176015-7
MHID: 0-07-176015-6

The material in this eBook also appears in the print version of this title: ISBN: 978-0-07-175499-6, MHID: 0-07-175499-7.

All trademarks are trademarks of their respective owners. Rather than put a trademark symbol after every occurrence of a trademarked name, we use names in an editorial fashion only, and to the benefit of the trademark owner, with no intention of infringement of the trademark. Where such designations appear in this book, they have been printed with initial caps.

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TERMS OF USE

This is a copyrighted work and The McGraw-Hill Companies, Inc. (McGraw-Hill) and its licensors reserve all rights in and to the work. Use of this work is subject to these terms. Except as permitted under the Copyright Act of 1976 and the right to store and retrieve one copy of the work, you may not decompile, disassemble, reverse engineer, reproduce, modify, create derivative works based upon, transmit, distribute, disseminate, sell, publish or sublicense the work or any part of it without McGraw-Hills prior consent. You may use the work for your own noncommercial and personal use; any other use of the work is strictly prohibited. Your right to use the work may be terminated if you fail to comply with these terms.

THE WORK IS PROVIDED AS IS. McGRAW-HILL AND ITS LICENSORS MAKE NO GUARANTEES OR WARRANTIES AS TO THE ACCURACY, ADEQUACY OR COMPLETENESS OF OR RESULTS TO BE OBTAINED FROM USING THE WORK, INCLUDING ANY INFORMATION THAT CAN BE ACCESSED THROUGH THE WORK VIA HYPERLINK OR OTHERWISE, AND EXPRESSLY DISCLAIM ANY WARRANTY, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO IMPLIED WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE. McGraw-Hill and its licensors do not warrant or guarantee that the functions contained in the work will meet your requirements or that its operation will be uninterrupted or error free. Neither McGraw-Hill nor its licensors shall be liable to you or anyone else for any inaccuracy, error or omission, regardless of cause, in the work or for any damages resulting therefrom. McGraw-Hill has no responsibility for the content of any information accessed through the work. Under no circumstances shall McGraw-Hill and/or its licensors be liable for any indirect, incidental, special, punitive, consequential or similar damages that result from the use of or inability to use the work, even if any of them has been advised of the possibility of such damages. This limitation of liability shall apply to any claim or cause whatsoever whether such claim or cause arises in contract, tort or otherwise.

For my three amazing sons Joshua, Matthew, and Sethand my bonus
daughter Lindseythe ultimate blessings and joys of my life
.

CONTENTS
FOREWORD

Its certainly exciting to see all the attention being paid to social innovation over the past decade. Nothing could be more worthy of our time, resources, and focus than creating solutions to alleviate some of the worlds most pressing social problems. We are inspired by social innovation successes such as Grameen in microfinance, Teach for America in education, and MinuteClinic in health care. And because we are not simply dealing with the corporate bottom line, the rewards of success and the consequences of failure are immense.

Social innovationas with any type of innovationis fraught with challenges. No doubt the challenges of addressing the needs of the poor, uninsured, and homeless are exacerbated in comparison to other types of innovation. Yet it would be a mistake to conclude that social innovation should not and cannot benefit from a systematic approach adapted from the best practices applied to innovation in other domains.

At its core, social innovation is about satisfying a particular type of need of a particular group of people. It is not about whether the solution is created by a for-profit or not-for-profit entity. Social innovation shares a requirement with other types of innovationto understand the needs of those affected, to devise innovative solutions to address those needs, and to deliver the solution so that its value can be realized. As such, it can also share in the insights gleaned from innovation in other spheres. The truth of this statement can be seen in a recent personal experience.

My wife and I felt fortunate recently to discover an innovative company in the health-care space. We had visited our pediatrician on more than one occasion to get a diagnosis and treatment for an unknown growth on the finger of our youngest daughter, Julia. The diagnosis: Dont know. The treatment plan: Wait and see. We had waitedhence, multiple visits. It was now time to escalate the medical care to a specialist.

We are not uninsured, but we may as well have been. Our search for dermatologists in our insurance network indicated that the closest dermatologist was more than an hours drive away and that she would be happy to see us at her next available appointmentmore than six weeks out. The search for an out-of-network dermatologist was no more reassuring. It would also take many weeks to be seen and would cost more than $150 for the visit. Ouch!

So we took a small but calculated risk on a company called JustAnswer.com. JustAnswer provides an online platform for people to ask questions of experts in a variety of professional fields, including health care. Its stated mission: equal access to Experts for all via a platform that provides a fast, affordable and convenient way to connect with Experts. Sounds like social innovation to me.

So we asked our question, shared information and images with our online expert, Dr. Nair, and got our answer. A common wart. We took Dr. Nairs advice, and the wart was gone within a few weeks. With Just-Answer, we were able to engage Dr. Nair at our conveniencenot his since it was after midnight for him. We were able to see Dr. Nair immediately and were able to obtain our diagnosis within a couple of hours. And the cost for getting our answer? $19. We happily provided a tip for Dr. Nair.

Whether JustAnswer is a for-profit or not-for-profit entity is beside the point. The point is thatat least for usJustAnswer provided more affordable and convenient access to health-care services than was available to us with the standard health-care system. And the point is also this: Despite the focus on affordable health-care accessa social challengeour underserved needs could have been readily gleaned from a simple conversation with us about our frustrations with current healthcare options for the problem we were facing. With these needs in mind, JustAnswer has devised and delivered a classic good enough disruptive innovation. In other words, JustAnswer has applied the best practices of innovation in other spheres to innovation to address a social problem. And you can too!

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