Hybrid And For-Profit Business Models
Video Description
Non-profit social entrepreneurs often struggle to scale up their innovations without adequate access to the growth capital, distribution systems and infrastructure readily available to conventional businesses. Rather than accepting these limitations, many are increasingly pursuing hybrid models that draw from the best of both worlds, incorporating traditional business structures and strategies to achieve a social bottom line. This session recorded at the 2008 Skoll World Forum looks at the challenges and opportunities that accompany these new business models, including an overview of different approaches and in-depth discussion with social entrepreneurs at the forefront of this movement.
Speakers
-
President and CEO, WaterHealth International
Tralance Addy is President and CEO of WaterHealth International. WHI’s unique and creative combination of break-through technology and innovative business models enables the delivery of highly affordable, clean water to even the most remote, low-income rural communities. A recognised entrepreneurial leader and inventor with over 25 years of corporate management experience, Dr Addy’s career has been distinguished by leadership of the creation and commercial development of break-through technologies and ventures. Prior to joining WaterHealth he was an International Vice President of health-care leader Johnson & Johnson. During his over 20-year tenure at J&J, he held a number of senior executive positions including Director of Technology Ventures for a subsidiary, Vice President of R&D, and Worldwide President of Advanced Sterilization Products, a J&J subsidiary that he founded within the corporation. He is a recipient of several corporate awards for innovation and entrepreneurship, and the holder of 13 US and international patents.
-
CEO & Co-Founder, SaveUp
Priya Haji is the award-winning CEO and co-founder of SaveUp, a mission-driven company working to alleviate poverty in the developing world through commerce. She is also Co-founder and Board Chair of World of Good: Development Organization, a 501(c)(3) focused on creating tools to strengthen global wage standards and improving the quality of life for craft producers worldwide. Today, World of Good, Inc. offers ethically-sourced products through more than 1,300 US retail stores, including Whole Foods and Wild Oats. Haji and World of Good, Inc. recently partnered with eBay to build the world’s largest online marketplace for people-positive products. Working in parallel, the Development Organization is focused on strengthening standards for the growing market to ensure fair compensation for producers. Haji strives to empower craft producers with the ability to achieve economic sustainability.
-
Director, Sustainable Healthcare Foundation
Liza Kimbo started her career in banking, and was Head of Division for Business Support Services at Standard Chartered Bank in Kenya. She then established a private retail pharmaceutical and distribution company with annual turnover of $1m in Nairobi. Liza has chaired two national advocacy groups: one that successfully influenced government policy for increased access to essential drugs; the other bringing together and strengthening civil society representatives working on malaria to participate in policy and national funding for the disease. Liza has worked for the last seven years to establish an innovative essential healthcare delivery organisation, CFWshops, using a franchise model. CFWshops currently operates 64 health outlets in ten districts in Kenya, and has provided over 1 million treatments to community members. In 2007 she joined Academy for Educational Development as the Regional Representative.
-
Sébastien Marot is Founder and Executive Director of Friends-International, an award winning global social enterprise which supports over 200,000 marginalized children and youth each year. He has led the expansion of the organization into 18 countries across 4 continents, developing best practice programs that provide protection and social reintegration services including access to employment for youth and parents, school reintegration for children and family conservation. Friends-International also established and powers the award-winning ChildSafe Movement that selects, trains, certifies and supports key actors of society to better protect children. It has also developed an international network of over 60 organizations (ChildSafe Alliance), working together to develop and coordinate best quality services. To support this expansion, Friends-International utilizes a series of social business models providing training opportunities and financial sustainability.
-
Host/Senior Editor at NOW, PBS
Since joining NOW in 2003, award-winning journalist David Brancaccio has delivered hard-hitting reports on government secrecy, the future of America’s public schools, the plight of America’s workers, the influence of talk radio on public policy, and the future of the environment. His interviews with leading figures like George Soros, Azar Nafisi, Bernard Henri-Levy, Constance Rice, and Michael Eric Dyson have provided viewers with unique perspectives. A broadcaster for 28 years, David spent 13 years at Marketplace. Before becoming host, he served in London as the European editor of the programme. He has contributed to CNN, CNBC, and Wall Street Week with Fortune on PBS. His print work has appeared in such periodicals as The Wall Street Journal, Psychology Today, and Journalism and Mass Communication Educator.
-
Skoll Centre Associate Fellow,
Baafour Otu-Boateng is a Skoll Centre Associate Fellow and Chevening Scholar at the University of Oxford. Prior to his MBA, Baafour worked at TechnoServe Ghana, where he was responsible for the design and implementation of a national platform for local entrepreneurs to access training, networking opportunities, and venture capital. Previously, he completed advisory and transaction work for some of the world’s leading retailers at UBS Investment Bank in New York.
