For Purpose, The Zone

Measuring Impact

Trust Waikato are running a Community Impact Event – Measuring Impact presented by two international experts, Michael Weinstein and Aunnie Patton Power. Michael and Aunnie will be sharing their knowledge around effectively measuring community impact and impact investing.

WHAT – Measuring and Leveraging Impact
WHEN – 10am – 1.30pm, May 4 2018
WHERE – Brooklyn Rooms 1 and 2, Claudelands Event Centre, Corner of Brooklyn Road and Heaphy Terrace, Hamilton

Read more here

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Business, For Purpose

Are you a Waikato business?

OK you operate a business, one that earns a profit to support a range of people that depend upon it for their livelihood, but the reality is that this doesn’t stop you having a normal interest in helping support your community.

You may donate to a local school or sports club. You allow the Guides to sell their biscuits in the lunchroom. You wear the ANZAC poppy with pride. It’s not really part of your everyday thinking though, nor does it influence the way you do business. It definitely doesn’t help solve the big issues.

Your skills are around running your business, making it as successful as you can. You simply can’t spend all day thinking about poverty or deforestation. You don’t like seeing all the plastic waste your suppliers send with their products but what can you do about it?

Have you ever considered that other people may have ideas about how you can make more of a difference – without it impacting on your bottom line?

Do you think that your experience may help someone else to operate their organisation more effectively?

The world is changing. There is a worldwide movement towards social enterprise and ‘purposeful business’. If we leave aside the fact that social enterprise can be a fluid term and that all businesses have a purpose, it is clear that there is a trend for organisations to operate with a social conscious or values driven outcome in mind.

Not only can you help with this but you can also benefit from it.

Imagine a place where commercial skills and experiences are shared with those new to business. A place where ideas on how we can operate differently to make a better community are shared over coffee.

That place is the Zone

It’s where purpose and business collide.

If you are involved in a business and are interested in contributing to a better world, this is the Zone for you.

If making a difference is your passion and you see commercial activity as a powerful resource to help support you, that’s right, the Zone is also the place for you.

The interest is definitely there so I’m looking to get the Zone moving. Please come and join our conversation, I would really welcome your input. The Zone has to meet the wants and needs of its members so I need to know how we can support each other.

 

2:00 to 4:00 pm
Thursday 1 February

Interactionz
113C Ruakura Lane
Hamilton
(Innovation Park)

Read more about the Zone

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Business, For Purpose

Let’s not invent another silo

I’m loving my journey into the new world of social enterprise. It’s fresh and exciting, people are both innovative and real, it’s awesome.

I just have a little itch in the back of my mind. A little feeling that there still looms a danger that Social Enterprise will become ‘a thing’, something different and separate to business and to traditional charity.

It is different but it’s not separate. By its very definition, a social enterprise conducts some sort of business activity. It also shares a social purpose, just like our traditional charities.

We don’t need any more silos. We need conversations and collaboration across all of our organisations. We can all teach, we can al learn and probably more importantly, we can all support.

Our badge of honour should be the values we bring, not the type of organisation we represent. We need to be inclusive and embrace the different skills, functions, systems and benefits of all organisations.

Social entrepreneurs place collaboration at the very core of what they do. If you truly believe in the benefits of collaboration, don’t fall into the trap of living in a silo. Not only will you miss out on so much knowledge and experience but you will also be denying non-social entrepreneurs access to your passion and drive for a different world.

Let’s not repeat past mistakes – we should be more open minded than that.

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Business, For Purpose, Sustainability

Are we doing this wrong?

More and more we’re asking ourselves, how can we support the new generation of social entrepreneur.  

The Gen Y’s (and an increasing number of Gen Z’s) are setting up businesses with a goal of making the world a better place. Environmental, community, health, whatever drives their passion also inspires them to be creative around how they can build a business model that is both financially sustainable and purpose focused.

We jump up and down, with all of our worldly experience and seek ways we can support them on these awesome journeys. We love what they’re doing and we want to help.

Wanting to help isn’t wrong and yes our experience can assist this new wave of entrepreneur. So we ask, can we help you?

I’m increasingly thinking that this isn’t the way it should be. Is our unconscious ego hiding a better solution?

We’re not the experts on the new way of doing business, they are.  What if we turned things around and ask “will you help me?”

The purposeful economy is coming and we’re encouraging the change but not doing it ourselves. It’s time the teachers became the students.

Instead of simply sharing what has worked in the past, why don’t we work together exploring what could work in the future? Imagine the possibilities!

This approach will only work if us ‘oldies’ take a leap of faith and let the new breed lead the way. Wisdom and maturity is still a vital part and we will help guide them but let’s allow the next generation to show us what the future could be.

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Business, For Purpose

Well said Darren Walker

The Ford Foundation in the US has said that it’s committing up to $1 billion from its $12 billion endowment over the next 10 years to mission-related investing (MRI). I really like what their President has said about MRI

“We are making this commitment because we believe MRIs have the potential to become the next great innovation for advancing social good,” said Darren Walker, president of the Ford Foundation. “We need to expand our imaginations and our tools if we want to tackle the large-scale problems facing the world today. We can’t neglect the tremendous power of markets, including the capital markets, to contribute—and with today’s announcement, we are putting a significant amount of our money where our mission is.”

Yes indeed!

I’m so confident that social enterprise, purposeful business and mission-related investing will be responsible for the next great wave of social good.

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Business, For Purpose

Your passion is your pitch

I believe that the standard “elevator pitch” works best when you’re selling widgets or when your business is so well known, that the pitch is just brand recognition.

 

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Your “passion pitch” doesn’t tell your whole story, it shares you enthusiasm and encourages people to want to know more. Tell people why your business excites you, draw them in so they want to engage more.

Authentic passion and enthusiasm for your WHY is what will grab attention and see people wanting conversations with you.

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