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Miri Katz

How The Private Sector Can Drive Social Innovation - CIO Central - CIO Network - Forbes - 0 views

blogs.forbes.com/...or-can-drive-social-innovation

social innovation social collaboration CSR corporate citizenship

shared by Miri Katz on 29 Jun 11 - No Cached
  • How The Private Sector Can Drive Social Innovation
  • Out of the 100 largest economies in the world, about half are multinational corporations. Given their impact on global communities, it is becoming increasingly essential that these large corporations execute responsibility to society, rather than rely on governments and non-profits to address difficult social issues alone.
  • oday, the world’s largest companies are in a unique position to play a much greater role in driving social change than ever before.
  • ...13 more annotations...
  • Aside from pure monetary donations, however, is a new model that is transforming corporate philanthropy.
  • Increasingly, corporations are turning to a shared value model, in which companies work in alignment with society rather than against it, producing mutual benefits to both the community and the corporation
  • It evolves the traditional model of financial and material goods donations, to one in which corporations leverage a range of corporate assets including employee skills, business acumen and partner networks, to drive social change.
  • Here’s the shift: Instead of viewing it as our responsibility to drive business and social value, view it also a valuable opportunity to rethink existing practices.
  • The business case for social innovation
  • there are a variety of benefits for an organization, from brand building, to staff retention, and even improved client stickiness. Shareholders and the investment community are also increasingly considering corporate responsibility when making investment decisions.
  • collaborations can drive innovation through necessity. Non-profits work in extreme environments, faced with limited infrastructure, connectivity and staff. Operating in these situations exposes corporate staff to new sets of customer challenges, which can often deliver innovations in product design or services into the business.
  • by working with a non-profit organization, a corporation can demonstrate its expertise to a new audience, expanding its business network.
  • Increasingly, investors weigh environmental, social and governance  data when making investment decisions. While such data has been a benchmark for European-based companies for some time, we are now seeing a more global adoption and interest in this, which should be another forcing function for more corporations to act as good corporate citizens.
  • Applying social innovation in practic
  • A good starting point is to assess the company’s available skills, expertise, partnerships against the touch-points the company currently has within a given community. From there, establish specific goals to achieve and a strategic plan to meet those goals.
  • Companies that have an expertise in technology, for example, can collaborate with non-profits or social entrepreneurs to provide the infrastructure backbone that turn their ideas into reality. With the social enterprise mPedigree Network, HP leveraged its technology expertise in cloud-based services to design and build an anti-drug counterfeiting service in Africa. Counterfeit medicine is a significant problem in developing countries, causing more than 700,000 deaths each year. The new service helps save lives by enabling patients to validate the integrity of their medicine by sending a free text message.
  • Gabi Zedlmayer is Vice President of Hewlett-Packard’s Office of Global Social Innovation.
  • Miri Katz on 29 Jun 11
     
    Out of the 100 largest economies in the world, about half are multinational corporations. Given their impact on global communities, it is increasingly essential that these large corporations execute responsibility to society, rather than rely on governments and non-profits to address difficult social issues alone
Assunta Krehl

Online fundraising innovator named Canada's first certified B Corporation - a new corpo... - 0 views

www.canadanewswire.ca/...c7427.html

Social Innovation Social Entrepreneurship Betther the World Ogilvy Renault Advisors Allyson Hewitt

shared by Assunta Krehl on 01 Dec 09 - Cached
  • Assunta Krehl on 01 Dec 09
     
    Better the World Inc., a novel for-profit online fundraising platform, has been named Canada's first certified "B Corporation". Mention of MaRS working with Better The World to chart their progress and ensure other companies could benefit from their experience in gaining this designation through the support of a pro bono legal team from Carters Professional Corporation, Ogilvy Renault and Blake, Cassels & Graydon. March 11, 2009
Assunta Krehl

Bullfrog Power(R) Becomes One of Canada's First Certified B Corporations - Marketwire -... - 0 views

www.marketwire.com/...ied-b-corporations-1598402.htm

Bullfrog Power MaRS B Corporate social impact

shared by Assunta Krehl on 22 Dec 11 - No Cached
  • Assunta Krehl on 22 Dec 11
     
    Bullfrog Power received certification as one of Canada's Founding B Corporations by B Lab, a nonprofit organization working to build a community of socially and environmentally conscious businesses. The Centre for Impact Investing has a partnership with B Lab, acting as the Canadian Certified B Corp Hub.
Assunta Krehl

Xogen Recognized As A Canadian Cleantech Leader - Wateronline - November 17, 2011 - 0 views

www.wateronline.com/...d-As-A-Canadian-Cleantech-0001

cleantech advisors Tom Rand Corporate Knights Xogen

shared by Assunta Krehl on 17 Nov 11 - No Cached
  • Assunta Krehl on 17 Nov 11
     
    Xogen Technologies Inc., an innovator in the wastewater treatment industry and a MaRS Client, has been selected for the Corporate Knights Next 10, a list representing Canada's best privately-held companies in the cleantech space.Tom Rand, Senior Cleantech Advisor at the MaRS Discovery District is on the Corporate Knights Next 10 advisory panel.
Assunta Krehl

CNW Telbec | CANADIAN TIRE CORPORATION, LIMITED | Media Advisory - Canadian Tire Corpor... - 0 views

www.cnw.ca/...c3068.html

Canadian Tire Corporation Annual Meeting

shared by Assunta Krehl on 10 Aug 09 - Cached
  • Assunta Krehl on 10 Aug 09
     
    Mention of the Canadian Tire Corporation, Limited will hold its Annual Meeting of Shareholders held at the MaRS Centre.
Sarah Hickman

Amazon.com: The Innovator's Solution: Creating and Sustaining Successful Growth (978157... - 0 views

www.amazon.com/...1578518520

commercialization research & development strategy business analysis business models business plans problem solving

shared by Sarah Hickman on 28 Aug 09 - No Cached
  • Sarah Hickman on 28 Aug 09
     
    From Publishers Weekly\nChristensen (The Innovator's Dilemma) analyzes the strategies that allow corporations to successfully grow new businesses and outpace the other players in the marketplace. Christensen's earlier book examined how focusing on profits can destroy even well-run corporations, while this book focuses on companies expanding by being "disruptors" who are able to outpace their entrenched competition. The authors (Christensen is a professor at Harvard Business School and Raynor, a director at Deloitte Research) examine the nine business decisions integral to growth, including product development, organizational structure, financing and key customer base. They cite such companies as IBM, AT&T, Sony, Microsoft and others to illustrate their points. Generally, the writing is clear and specific. For example, in discussing whether a company has the resources necessary for growth, the authors say, "In order to be confident that managers have developed the skills required to succeed at a new assignment, one should examine the sorts of problems they have wrestled with in the past. It is not as important that managers have succeeded with the problem as it is for them to have wrestled with it and developed the skills and intuition for how to meet the challenge successfully the next time around"; they then provide a real-life example of a software company. Similar important strategies give readers insights that they can use in their own workplaces. People looking for quick fixes may find the charts, diagrams and extensive footnotes daunting, but readers familiar with more technical business management tomes will find this one both stimulating and beneficial.
Assunta Krehl

Made-to-measure road toll system - Canada's Most Trusted Auto Resource - Wheels.ca - 0 views

www.wheels.ca/...505129

wireless communications Skymeter

shared by Assunta Krehl on 14 Aug 09 - Cached
  • Skymeter Corporation – a high-tech upstart that has perfected "financial-grade" GPS telematics – is being hailed as an innovator that has captured the attention of global giants such as IBM, Cisco and Siemens.
  • Hassan admits while North America may not be ready for road and congestion tolls, governments elsewhere are beating a path to his modest office at the MaRS business incubator at College St and University Ave.
  • While Skymeter is a relative flyweight (the company is estimated to be worth $10 million), it hopes to be the technology provider to large multinationals such as IBM and Siemens in the project tenders.
  • ...1 more annotation...
  • Skymeter is poised to usher in smart metering and – if the execution holds true to the vision – tolls that directly fund roads that are in demand.
  • Assunta Krehl on 14 Aug 09
     
    Skymeter Corporation - a high-tech upstart that has perfected "financial-grade" GPS telematics - is being hailed as an innovator that has captured the attention of global giants such as IBM, Cisco and Siemens. Mention of MaRS as a business incubator. Feb 14, 2009
  • Assunta Krehl on 14 Aug 09
     
    Skymeter Corporation - a high-tech upstart that has perfected "financial-grade" GPS telematics - is being hailed as an innovator that has captured the attention of global giants such as IBM, Cisco and Siemens. Mention of MaRS as a business incubator.
Sarah Hickman

Northern Light Search: Home - 0 views

www.nlsearch.com/home.php

business entrepreneurship

shared by Sarah Hickman on 04 Sep 09 - Cached
  • Sarah Hickman on 04 Sep 09
     
    Wiki-like and boolean-based "Northern Light Search provides access to business and industry news from thousands of hand-selected business news sites, leading business publications, industry authority blogs, regional newspapers, and national news sources." Covered areas include: * Business News: 500,000+ business news stories from newswires, newspapers, corporate news feeds and publications. * Industry Authority Blogs: 200,000+ posts from selected business and industry authority blogs (from journalists, market research analysts, and corporations) * National and International News: 90,000+ news stories from large national and international news feeds. * Regional and Local News: 180,000+ news stories from regional and local news feeds. * White Papers: 7,000+ company submitted white papers, webcasts, case studies and other IT product information. Registered users can browse, search, save, receive Search Alerts, contribute, and set personal user preferences.
Assunta Krehl

TMX Group confirms support for impact investing - Advisor.ca - December 14, 2011 - 0 views

www.advisor.ca/...ort-for-impact-investing-67863

B Corporations MaRS The Centre for Impact Investing social finance

shared by Assunta Krehl on 22 Dec 11 - No Cached
  • Assunta Krehl on 22 Dec 11
     
    Melissa Shin, Advisor.ca reporter states "Toronto is now home to the world's first non-U.S.-based hub for B Corporations, or companies that use the power of business to solve social and environmental problems.   The hub will be hosted at the MaRS Discovery District as part of the Centre for Impact Investing, which officially launched December 13."
Tim T

The Case Against Corporate Social Responsibility - WSJ.com - 0 views

online.wsj.com/...3338004575230112664504890.html

Social

shared by Tim T on 23 Aug 10 - Cached
  • Tim T on 23 Aug 10
     
    "The Case Against Corporate Social Responsibility "
Assunta Krehl

Creativity, innovation and film festivals - The Star - 0 views

www.thestar.com/...700062

creativity Innovation mars

shared by Assunta Krehl on 25 Sep 09 - Cached
  • At the corner of College St. and University Ave. sits a growing monument to this kind of original thinking. MaRS – short for Medical and Related Sciences – is all about a building becoming much more than the sum of its users and programming. Already, MaRS has become a global leader in biotech research; it has certainly become a city builder, creating jobs and spawning companies; and, of course, it does all this by being a creative cauldron – just like the film festival.
  • Assunta Krehl on 25 Sep 09
     
    TIFF is essential for Toronto's future but corporate support lags for its new home. Small mention of MaRS becoming a great global leader in biotech research, a great city building and creating new jobs. Sept 24, 2009
  • Assunta Krehl on 25 Sep 09
     
    TIFF is essential for Toronto's future but corporate support lags for its new home. Small mention of MaRS becoming a great global leader in biotech research, a great city building and creating new jobs.
Assunta Krehl

Mensante named one of Top 10 Healthcare Companies to Watch | Markets | CNW GROUP | Cana... - 0 views

www.canadianbusiness.com/...article.jsp

Mensante healtcare software

shared by Assunta Krehl on 07 Aug 09 - No Cached
  • Market research leader IDC Canada has featured MaRS client Mensante as one of its "Ten Canadian Health Companies to Watch" in 2009.
  • Leading international psychiatrists, family physicians, psychologists, work place mental health experts and mental health economists developed an innovative web-based mental healthcare system called FeelingBetterNow(R).
  • Dr. Ozersky, Mensante's CEO, was selected by the Canadian Association of Health Informatics as recipient of the 2008 Community Physician Leader and Innovator of the Year Award.
  • ...3 more annotations...
  • About Mensante Corporation Mensante Corporation (www.feelingbetternow.com) is a privately owned Canadian corporation, founded in 2003. The Toronto-based company developed FeelingBetterNow(R) with the assistance of leading Canadian and American psychiatrists, psychologists, family physicians, a mental health economist, and work place mental health-care experts. FeelingBetterNow(R) is a valuable benefit for many, including insurance companies, employers, government agencies, professional associations, family physicians, patients and their families.
  • About MaRS MaRS (www.marsdd.com) is a non-profit innovation centre connecting science, technology and social entrepreneurs with business skills, networks and capital to stimulate innovation and accelerate the creation and growth of successful Canadian enterprises.
  • Mensante named one of Top 10 Healthcare Companies to Watch
  • Assunta Krehl on 07 Aug 09
     
    As stated in MaRS Press release "IDC Canada has featured MaRS client Mensante as one of its "Ten Canadian Health Companies to Watch" in 2009. Leading international psychiatrists, family physicians, psychologists, work place mental health experts and mental health economists developed an innovative web-based mental healthcare system called FeelingBetterNow(R).The College of Family Physicians of Canada has reviewed and approved FeelingBetterNow(R) as a practice management tool available to assist family physicians in patient care. The Ontario Medical Association approved the program for its members' personal use."
Assunta Krehl

Toronto's $25 million commercialization "engine" celebrates the appointment of its Boar... - 0 views

www.marsdd.com/...ard-of-directors-02062009.html

MaRS Innovation Ilse Treurnicht John Evans Ron Close The Hospital for Sick Children MaRS

shared by Assunta Krehl on 14 Aug 09 - No Cached
  • MaRS Innovation is honoured to announce its permanent Board of Directors, who brings together a remarkable and broad set of experiences and networks to support the development of this dynamic partnership of Toronto research institutions.  Designed to enhance the commercial output of Toronto’s world-leading research cluster, MaRS Innovation is positioned to make a significant contribution to Canada’s innovation economy and the quality of life for Canadians and others around the world.
  • upported by the Government of Canada through the Centres of Excellence in Research and Commercialization (CECR) program, and its member institutions, MaRS Innovation is focused on converting important discoveries into a new generation of products, services and high value jobs. The newly appointed Board of Directors, which includes academic and business leaders from across Canada and the United States, has the targeted expertise to guide MaRS Innovation to deliver on this critical mission.   MaRS Innovation represents a unique collaborative model, which aggregates the exceptional discovery pipeline of 14 leading Toronto academic institutions to build a diversified portfolio of assets, and harness the economic and job creation potential of the best opportunities for Toronto, Ontario and Canada.
  • “MaRS Innovation is privileged to announce a Board of Directors of this caliber and breadth of skill,” said Mary Jo Haddad, Chair of the MaRS Innovation Board and President and CEO of The Hospital for Sick Children. “The collective experience and guidance of these individuals will be critical to developing a collaborative, integrated and agile approach to this transformational organization that will move Canada into its next phase of economic development.”
  • ...2 more annotations...
  • W. Geoffrey Beattie – Deputy Chairman & President, Woodbridge Company Limited, Thomson Reuters Corporation, Toronto Christopher C. Capelli – Vice President, Technology Based Ventures, Office of Technology Commercialization, University of Texas, M.D. Anderson Cancer Center, Houston, TX Ron Close – Information technology entrepreneur, Entrepreneur-in-Residence, MaRS, and Executive Entrepreneur-in-Residence, The Richard Ivey School of Business, The University of Western Ontario, London, ON Nicholas Darby – Formerly Director of Physical Sciences, Corporate Venture Capital, Dow Chemical Company, President, Darby & Associates Consulting LLC, Midland, MI  Mary Jo Haddad – President & CEO, The Hospital for Sick Children, Toronto Jacqueline H.R. Le Saux – Former General Counsel, North America and Corporate Secretary, Patheon, Inc., Toronto David A. Leslie - Chair, Sunnybrook Health Sciences Centre, and Former Chairman & CEO, Ernst & Young, Toronto Michael H. May – President & CEO, Rimon Therapeutics, Toronto Chandra J. Panchal – Founder, President & CEO, Axcelon Biopolymers Corp., Dollard-des-Ormeaux, QC Ilse Treurnicht – CEO, MaRS Discovery District, Toronto Donald A. Wright – President & CEO, The Winnington Capital Group Inc., Toronto
  • MaRS Innovation serves as a business accelerator platform with a single point of entry for industry partners and investors.  It will increase the scale, scope and viability of IP offerings, and the quantity and quality of deal flow from partner institutions.  MaRS Innovation will also facilitate strategic research collaborations with industry partners, strengthen the innovation capacity of Canadian industry through adoption of new technologies from its member institutions, and launch a new generation of robust, high-growth Canadian companies that will become global market leaders.   The quality of the combined discovery pipeline will catalyze and attract sources of risk capital for translational research, market validation, company formation and growth.  “MaRS Innovation represents a unique and timely platform to contribute in a meaningful way to Canada’s knowledge economy, leveraging Toronto’s remarkable research excellence.  The vision and serious commitment of its members to work together to transform our commercialization results, and the support of the Federal Government, made this possible.  The announcement of this outstanding group of leaders to the Board of Directors for MaRS Innovation is an exciting step forward,” said Ilse Treurnicht, MaRS CEO and interim Managing Director of MaRS Innovation.
  • Assunta Krehl on 14 Aug 09
     
    MaRS Innovation announced its permanent Board of Directors. MaRS Innovation is focused on converting important discoveries into a new generation of products, services and high value jobs.
  • Assunta Krehl on 14 Aug 09
     
    MaRS Innovation announced its permanent Board of Directors. MaRS Innovation is focused on converting important discoveries into a new generation of products, services and high value jobs. Feb 6, 2009
Assunta Krehl

Longview Solutions Launches Series of Initiatives to Help North American Companies Grap... - 0 views

www.longview.com/...128-ifrs-adoption

PricewaterhouseCoppers software IFRS: Lessons Learned from 100 Countries--Top 10 Things You Need To Know

shared by Assunta Krehl on 10 Aug 09 - Cached
  • Longview is hosting a breakfast seminar titled “IFRS: Lessons Learned from 100 Countries--Top 10 Things You Need To Know” on March 25th in Toronto at the MaRs Discovery District.
  • Assunta Krehl on 10 Aug 09
     
    Longview Solutions, a leading provider of corporate performance management (CPM) software, has kicked off a series of initiatives for customers and other companies impacted by International Financial Reporting Standards (IFRS) adoption in North America. Mention of Longview hosting a breakfast seminar titled "IFRS: Lessons Learned from 100 Countries--Top 10 Things You Need To Know" on March 25th in Toronto at the MaRS Centre.
  • Assunta Krehl on 10 Aug 09
     
    Longview Solutions, a leading provider of corporate performance management (CPM) software, has kicked off a series of initiatives for customers and other companies impacted by International Financial Reporting Standards (IFRS) adoption in North America. Mention of Longview hosting a breakfast seminar titled "IFRS: Lessons Learned from 100 Countries--Top 10 Things You Need To Know" on March 25th in Toronto at the MaRS Centre. March 23, 2009
Sarah Hickman

Articles by McKinsey Quarterly: Online Business Journal of McKinsey & Company. Business... - 0 views

www.mckinseyquarterly.com/home.aspx

creativity strategy finance economy commercialization marketing

shared by Sarah Hickman on 04 Sep 09 - Cached
  • Sarah Hickman on 04 Sep 09
     
    As McKinsey & Company's business journal, The McKinsey Quarterly offers public, non-profit, and private management "new ways of thinking." Focus is placed on strategy, corporate finance, governance, economic studies, IT, organization, marketing, and operations. Articles are free (dating back to 1992), a selection of which are available with free registration. Some "premium" articles are available to Premium Members (paid subscribers).
Assunta Krehl

Sangoma Ranked Among Fastest Growing Technology Companies in Canada in Deloitte Technol... - 0 views

www.marketwire.com/...n-TSX-VENTURE-STC-1054499.html

Deloitte Technology Fast 50 awards & competitions ICT Hardware Software

shared by Assunta Krehl on 14 Oct 09 - Cached
  • Assunta Krehl on 14 Oct 09
     
    Sangoma® Technologies Corporation a leading supplier of hardware and software enabling server-based voice and data communication applications, announced today that the company has ranked 40th among the Deloitte Technology Fast 50TM. MaRS is a program sponsor for the Deloitte Technology Fast 50TM. Oct 5, 2009
Assunta Krehl

ARISE Technologies Announces Appointment of New Chairman and Changes to Senior Manageme... - 0 views

www.newswire.ca/...c8293.html

Board Members William White ARISE Technologies Corporation

shared by Assunta Krehl on 12 Nov 09 - Cached
  • Assunta Krehl on 12 Nov 09
     
    RISE Technologies Corporation, a leader in high-performance, high-quality, cost-effective solar technology, today announced the appointment of Mr. Peter Harder as Chairman of the Company's Board of Directors. Mention of William White being on the Board of Directors for MaRS Discovery District. Nov 11, 2009
Miri Katz

WAMC: Non-profits share concerns on bond-funded social programs (2011-06-27) - 0 views

www.publicbroadcasting.net/...on.bond-funded.social.programs

social finace social impact bonds SIB

shared by Miri Katz on 28 Jun 11 - No Cached
  • Non-profits share concerns on bond-funded social program
  • Under the funding model, also known as "pay for success," organizations would receive the money of private investors or investment groups who purchase bonds from the government that are linked to specific program benchmarks.
  • Joe Kriesberg, executive director of the Massachusetts Association of Community Development Corporations, said the bonds could be an appropriate way for governments to fund prevention programs, but that there will be several challenges going forward in any type of SIB funding structure.
  • ...2 more annotations...
  • "I'd be really concerned about corporate ideals taking precedence over a non-profit's mission, and I would be equally concerned about the stigma of government money sometimes really limiting what you can do. How can you promote the real, true essence of a non-profit's mission with the restrictions that a corporation or a government might put on that?"
  • Bryan Ayers, CEO of Great Barrington-based Community Health Programs, said the bonds would offer a new way to fund long-term community-based prevention and health programs, but that to be truly effective investment groups must be willing to wait for results.
Karen Schulman Dupuis

Corporate Canada begins the search for (social) returns - The Globe and Mail - 0 views

www.theglobeandmail.com/...article5195048

canada social impactinvesting socialentrepreneurship RBC RoyalBankofCanada SocialFinanceForum

shared by Karen Schulman Dupuis on 19 Nov 12 - No Cached
  • Karen Schulman Dupuis on 19 Nov 12
     
    Can the private sector and market-based models play a bigger role in the traditional turf of charities and government, tackling issues like youth unemployment and childhood obesity?
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