SMEs & Entrepreneurship 2007 Entrepreneurial Solutions to Insoluble Problems
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Transcript of SMEs & Entrepreneurship 2007 Entrepreneurial Solutions to Insoluble Problems
SMEs & Entrepreneurship 2007
Entrepreneurial Solutions to Insoluble Problems
Menu
1 Introduction
2 Our Common Future + 20
3 Pressure wave 4
4 Government’s roles
5 Conclusion
1 Introduction
< 20 years > Wave 4 Government ConclusionsIntroduction
Who we are
< 20 years > Wave 4 Government ConclusionsIntroduction
3Ps
Public Relations, Legal Advisors
Environment Managers, Project Planners
Process and Product Design, Marketing
CEOs, Investor Relations, Boards (e.g. NEDs)
CFOs, Entrepreneurs, Investment Bankers, VCs
Where we focus
2 < 20 years >
Wave 4 Government ConclusionsIntroduction < 20 years >
Brundtland Commission, 1987
– Sustainable development
– “Interlocking crises”(e.g. peace, security, environment)
– “Security must be sought through change”—build a future that is “more prosperous, more just, more secure”
Wave 4 Government ConclusionsIntroduction < 20 years >
Wave 4
– Wave 1: compliance—government regulates
– Wave 2: corporate citizenship—government marginalised
– Wave 3: focus on MNCs; CC goes global; stalled 9/11/2001—government obsessed by ‘security’
– Wave 4: mainstreaming, creative destruction, new sources of transformative innovation, governments catalyse and incentivise
Wave 4 Government ConclusionsIntroduction < 20 years >
Social enterprise
– Social entrepreneurship ‘on a roll’
– Potential for breakthrough solutions ‘considerable’
– Money ‘main headache’
– Appetite to partner with business
– Role for ‘social intrapreneurs’
– For ‘real system change,’ focus on government and public policy
3 Insoluble problems
Trends ConclusionsIntroduction Waves Cases
Wal-Mart
Government ConclusionsIntroduction < 20 years > Wave 4
Achilles Heel: oil at ~$100 pb/’Peak Oil’
World’s energy needs 50% greater by 2030 (IEA reference scenario)
Developing countries accounting for 74%, China + India alone for 45%
OPEC’s share of oil production from 42% to 52%
PetroChina, sovereign wealth funds
Economic insecurity
Government ConclusionsIntroduction < 20 years > Wave 4
Warming of 4 degrees warming by 2100 > “significant extinctions”, IPCC
Fossil fuels are predicted to account for 84% of increase in global energy consumption by 2030
Emissions of carbon dioxide will jump by 57%, 2005-2030
China becomes world’s biggest emitter this year, India the third largest by 2015
Environmental insecurity
Government ConclusionsIntroduction < 20 years > Wave 4
Changing climate of opinion(GlobeScan for BBC World, 22,000 respondents, 21 countries)
Government ConclusionsIntroduction < 20 years > Wave 4
Action Needed on Climate Change
22,000 respondents, 21 countries, 2007
Government ConclusionsIntroduction < 20 years > Wave 4
Political and human rights impact of stronger OPEC countries
Impact of ‘Peak Oil’ and instability of e.g. China
Refugees and migration
Demographics, e.g. ageing
3 billion new people by 2050
Social insecurity
4 Government
ConclusionIntroduction < 20 years > Wave 4 Government
Office of Social Entrepreneurship
– Post Hurricane Katrina …
– State/social services overwhelmed
– Unprecedented flow of federal/charitable funds
– Strong demand for meaningful results
– New Orleans ‘Social Entrepreneurship Empowerment Zone’
– NC: low profit, limited liability partnerships (L3C)
ConclusionIntroduction < 20 years > Wave 4 Government
Elsewhere …
Small Business Innovation Grants: all US federal agencies spending more than $100m set aside minimum 2.5% for SBIRs
California: Rural Economic Vitality Project, stimulating green building technology, renewable energy, e.g. biofuels
Fast Company: Social Capitalists Award
Ashoka, Schwab and Skoll Foundation awards + events
Roundtables on public policy priorities—and solutions
Promotion of public and private sector partnering
ConclusionIntroduction < 20 years > Wave 4 Government
What social entrepreneurs want
– Improve tax incentives
– Innovative financial instruments to engage banks and pension funds
– Boost relevant education and training
– Remove barriers
– Retune purchasing criteria
Introduction < 20 years > Wave 4 Government Conclusions
Run for office?
5 Conclusion
Introduction < 20 years > Wave 4 Government Conclusions
Gore on climate challenge
‘What we are going to have to put in place is a combination of the Manhattan Project, the Apollo Project and the Marshall Plan, and scale it globally.’
Introduction < 20 years > Wave 4 Government Conclusions
Scaling up
Introduction < 20 years > Wave 4 Government Conclusions
Redesigning the system
Introduction < 20 years > Wave 4 Government Conclusions
Unleashing entrepreneurship
Thank you.