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Why we must talk more about failure in social enterprise
Last year, in a live Q&A on planning for success and failure, some of the experts talked about using business failure as a valuable learning experience. One expert even said that in the US you're more likely to get finance if you have the knowledge of failure under your belt.
- Categories
- Social Enterprise
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The Best of 2012: Making the Most of Missteps: At Harvard Social Enterprise Conference, SKS’s Akula Opens up on Failure
Conferences usually are not the venue for owning up to failure. But on first day of the 2012 Social Enterprise Conference, Vikram Akula, the founder of SKS Microfinance who left the organization in November 2011, made just such an confession.
- Categories
- Finance
- Tags
- failure, microfinance
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PopTech: On Failure, Jedi Knights and the Edge of Social Change
I recently sat down with Executive Director and Curator Andrew Zolli, and PopTech President Leetha Filderman for a candid conversation on a broad spectrum of topics, from impact investing to the importance of failure, to the pace of social innovation and how PopTech sees its role as an accelerant. While best known for its leave-your-head-spinning conferences, it appears that what’s actually popping at PopTech is a lot quieter, slower and more fundamental than may initially meet the eye.
- Categories
- Education, Impact Assessment
- Tags
- failure, incubators
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NexThought Monday: In Failure, a Marketing Lesson for Social Entrepreneurs: What we can learn from the closing of The Hoop Fund
The Hoop Fund was built on a truly innovative premise: Allow consumers to purchase premium goods from small businesses in the developing world, while simultaneously supporting those businesses with microloans. Unfortunately, the model suffered from critical gaps in marketing strategy, which made it almost impossible to achieve scale.
- Categories
- Education
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Why the Failure of the Nano Has Been a Success
The Tata Nano’s launch failed by nearly every measure, including highly publicized flame outs of just purchased cars. Yet the $2,000 Nano gave companies thinking about emerging segments in emerging markets something to talk about. The hype caused firms of many sizes and industries to plan or imagine how their products might someday reach the poor.
- Categories
- Finance
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Friday Roundup – 3/18/11: Failure IS An Option, but Don’t Fail At Learning
Failure grown into meme that has built business guru empires and flooded the speaker/seminar circuit. Adam Richardson, a creative director at global innovation firm frog design, advises that we shouldn’t "fetishize" failure, but learn from it. What has our sector learned from our failures and how are we applying them to future projects?
- Categories
- Education
- Tags
- failure
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Embracing Failure at the Harvard Social Enterprise Conference
In business, failure is part of the game, but this reality is often taboo in the social sector. At Root Cause, Phil Buchanan of Tactical Philanthropy provided his thoughts on the importance of "learning from history" from successful philanthropic cases.
- Categories
- Social Enterprise
- Tags
- failure
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Improving Development, One Failure at a Time
The development community needs to learn to better manage failure and stop sweeping it under the rug. On Jan. 14, Engineers Without Borders Canada with Peace Dividend Trust launched a website to challenge development organizations worldwide. Admittingfailure.com is a platform for individuals to submit mistakes they?ve encountered in their work.
- Categories
- Social Enterprise