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Frontiers in Social Innovation: The Essential Handbook for Creating, Deploying, and Sustaining Creative Solutions to Systemic Problems

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The one book you need to make a difference in the world.

Social innovation and social entrepreneurship are rising forces. As the extent of the world's systemic challenges becomes clear—from climate change to income inequality to food security to healthcare and beyond—more and more of the best and brightest will feel called to become innovators and entrepreneurs who develop and deploy solutions to the world's thorniest problems.

But it won't be easy: social innovation is complicated. Solutions require the active collaboration of constituents across the worlds of government, business, and nonprofits. Social innovators and entrepreneurs need a handbook to guide them on the journey to changing the world. This is that guide.

Contributions from a who's who of the smartest thinkers and most experienced practitioners in the field provide the knowledge you need to succeed as a social innovator. Topics cover the waterfront, including:

  • High-performance leadership as a driver of social change
  • Design for extreme affordability
  • Scaling social innovation
  • Corporate decarbonization
  • Social innovation and healthcare in the postpandemic world
  • Donor-advised funds and impact investing

Case studies from the field bring to life the challenges and opportunities social entrepreneurs and innovators face. Frontiers in Social Innovation is an essential volume for anyone who wants to use innovation and entrepreneurship to make the world a better place.

ISBN-13: 9781647821418

Media Type: Hardcover

Publisher: Harvard Business Review Press

Publication Date: 03-01-2022

Pages: 432

Product Dimensions: 6.20(w) x 9.30(h) x 1.60(d)

Editor Neil Malhotra is the Edith M. Cornell Professor of Political Economy at the Stanford Graduate School of Business, where he has been teaching business ethics since 2008. He is also the director of the school's Center for Social Innovation. In addition to developing a curriculum focused on social issues, impact measurement, and mission-driven business, he manages cocurricular activities related to impact investing, social entrepreneurship, and nonprofit management. He earned his PhD in political science from Stanford Universityand his BA in economics from Yale University.

Table of Contents

Introduction: Social Innovation in the Twenty-First Century Neil Malhotra 1

Part 1 Foundations

1 Renewing Social Entrepreneur ship 11

How Next-Generation Change Makers Meet the Challenges of Today Laura Arrillaga-Andreessen

2 High-Performance Leadership 31

Skills and Qualities That Drive Impact at Scale Kim Starkey

3 Rethinking Billionaire Philanthropy 55

"BillPhils, About Face!" William F. Meehan III

Part 2 Metrics and Models

4 Measuring Corporate Virtue and Vice 79

Making ESG Metrics Trustworthy Paul Brest Colleen Honigsberg

5 Powering the Social Project 115

The Structural Changes Needed to Fund Social Progress Bernadette Clavier

6 Market Creation 137

Catalyzing New Markets with Early-Stage Impact Investments Matt Bannick

7 The Decade of Delivery 165

New Opportunities for Scaling* Social Innovation Steve Davis

8 The Impact Triangle 187

Maximizing Efficacy, Financial Sustainability, and Scale Gloria Lee

Part 3 Learning and Incubating

9 Social Impact Leadership Development 209

Lessons from Fifteen Years of Developing Educational Programs and Mentoring Aspiring Leaders for Social Impact Bernadette Clavier

10 Social Innovation Practicum 229

Designing New Interventions and Social Ventures for Outsized Impact Kim Starkey

11 Design for Extreme Affordability 253

Considerations When Providing a Social Innovation Educational Experience with Real-World Challenges Stuart Coulson

Part 4 Applications

12 Disrupting Education 277

How Social Entrepreneurs Are Bringing Together the Future of Education and the Future of Work Rob Urstein

13 Social Innovation Meets a Global Pandemic 297

Early Insights on the Challenges and Opportunities in Social Innovation during the Covid-19 Pandemic Steve Davis

14 Human and Planetary Health 319

Covid-19 and a New Frontier far Social Innovation Sara J. Singer Sevda Memet Suruchi Kothari Gordon Bloom

15 Corporate Carbon Reduction Pledges 345

An Effective Tool to Mitigate Climate Change? Stephen Comello Julia Reichelstein Stefan Reichelstein

Acknowledgments 383

Glossary 385

Index 395

About the Editor 421