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Nurturing the Innovation Ecosystem for Rural Development Applying Innovation to Scale Impact.

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Presentation on theme: "Nurturing the Innovation Ecosystem for Rural Development Applying Innovation to Scale Impact."— Presentation transcript:

1 Nurturing the Innovation Ecosystem for Rural Development Applying Innovation to Scale Impact

2 Acceleration 15 innovative social organizations being accelerated currently (healthcare, nutrition, livelihoods, clean technology, agriculture and sanitation) Consulting, Research & Program Management Lead Partner for design & implementation of 2011 and 2013 Development Marketplace Knowledge Partner for the Marico Innovation Foundation 2011 to 2014 Curation Innovation think tank and knowledge collaborator; churning the ecosystem for learning, create active opportunities for peer & practitioner exchange

3 SURFACING AND SUPPORTING INNOVATIONS WITH SOCIAL & DEVELOPMENT IMPACT

4 Defining the INTENDED Impact SURFACE INNOVATIONS THAT CAN… BRING TO LIGHT MANY NEW POSSIBILITIES FOCUSSED ON SOME KEY TARGETED ISSUES MAYBE BOTH? healthcare delivery education access infant mortality prenatal care livelihood access etc etc

5 REACHING out & MEETING up

6 An ASSESSMENT Rubric Measuring the innovation by its POTENTIAL OF IMPACT in the particular context Understanding the innovation by the COMPLEXITY of developing it further Nurturing many ideas and innovators through knowledge exchange – but selecting some that demonstrate higher potential for scale

7 Innovator TO Entrepreneur The Innovator: Heart of the idea A team: The energy behind its development A ‘Market’: The demand that will drive further growth What support for the innovator will make the innovation into a livelihood, a business, an enterprise with large scale impact?

8 Selection Through Competition is just 20%... 80 % of success will be in NURTURING THE INITIAL POTENTIAL – MENTORING – ADVISORY INPUTS – FINANCIAL PLANNING AND DETAILING – ACCESS TO SUBJECT MATTER EXPERTS & PROTOTYPE LABS – TIMELY ACCESS TO WORKING CAPITAL – INSIGHTS TO CREATE A DEMAND PULL

9 Surface ideas with potential of large impact A Peer Network of Innovators Shared Resources to support their development Taking ideas to pilots to sustained scale Systemic Approach

10 INNOVATION TO ENTERPRISE ACCELERATING BY DESIGN >>> ASSESS READINESS TO SCALE: TRIGGER MINDSET for innovation, scale and change IDENTIFY LEVERS for Scale; CO-CREATE, scale objectives & directions SEEK INSIGHTS and collaborate TO DISCOVER NEW PERSPECTIVES & solutions PROTOTYPE experimental operational models; REFINED for STABLE REPLICATION ORGANIZATIO NBUILDING; Capacity building in Operations, Systems & People 123456 Timeline of 18-24 months CONNECT TO PARTNERSHIPS & FUNDING; and new BUSINESS OPPORTUNITY

11 More Learning & Insights Available on our blog: www.innovationalchemy.com www.innovationalchemy.com Social Media www.facebook.com/innovationalchemy www.facebook.com/innovationalchemy Twitter: @innovalchemy @parvathimenon


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