For 14 months, we’ve been working closely with remarkable employees at some of the best known corporations in the world. We wanted to understand how they are driving corporate innovation from within and making their companies a force for good. On Tuesday, we spoke live to some of these intrepid Social Intrapreneurs, and shared the findings from our extensive joint research. Here’s what we learned.
You might have heard words like ‘intrapreneur’ or ‘social enterprise,’ but what is a Social Intrapreneur and what do they do? Here’s the definition we go by:
“/ˈsəʊ.ʃəl ɪntrəprəˈnɜːʃɪp/: A Social Intrapreneur is an entrepreneurial employee who develops a profitable new product, service, or business model that creates value for society and her company.
This can include working with social entrepreneurs to lean on and/or scale their model through the company’s value chain.
Social intrapreneurs help their employers meet sustainability commitments and create value for customers and communities in ways that are built to last.”
In other words, a Social Intrapreneur seeks to create social innovation from within their company. They solve human problems while continuing to make profits for their business. This has the benefit of allowing the Social Intrapreneur to rally the know-how and expertise of the corporation behind a social end.
How can companies support Social Intrapreneurs? How can they build structures to fast-track social innovation to scale? And of course, how can employees themselves succeed as Social Intrapreneurs? In cooperation with Growth Mechanics, INSEAD, HEC Paris and the Schwab Foundation for Social Entrepreneurship, these are the questions that we sought to address in our research, with some fascinating results. Want to find out more?
We had the pleasure of hosting a panel at the Global Intrapreneurship Week with employees from corporations doing some very exciting work as Social Intrapreneurs. Yunus Social Business Co-founder and CEO Saskia Bruysten spoke with:
Introducing the Playbook was Emil Lamprecht from Growth Mechanics, one of the key drivers of the research project.
Already in the crucial latter half of my 20s, I was seeking opportunities where I could accelerate the growth of my personal and professional capital more than my financial capital.
Waste Ventures India has established a formalized market for waste streams which averts waste from landfill and creates higher incomes for the waste pickers, with standardized prices with upfront payments.
Earlier this year we took a group of philanthropists and partners to visit some of the social businesses in our portfolio in Uganda including Godson Commodities, Impact Water & Tugende. We also visited Kenya to see some of our pipeline companies.
According to a survey by the Brazilian Federal Government, 3 out of 4 households are headed financially by a woman and 41% of them own their own business. Female entrepreneurship has become an important tool for social transformation and has directly contributed to the growth of Brazil’s economy.
Building a network requires processes, structure and lots of alignment. But in order for the network to truly work, it requires trust and deep-felt human connection around a common purpose. For over 10 years, YSB has built a strong network and every year we are learning more about the effects of communities and networks. This allows us to address social problems in bold new ways.
Find out how Addressya, a social business startup of our MAN Impact Accelerator, can help you find your way and be found, whilst solving a 4 billion people challenge.