Ebook The Solution Revolution: How Business, Government, and Social Enterprises Are Teaming Up to Solve Society's Toughest Problems, by William
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Government Alone Can’t Solve Society’s Biggest Problems
World hunger. Climate change. Crumbling infrastructure. It’s clear that in today’s era of fiscal constraints and political gridlock, we can no longer turn to government alone to tackle these and other towering social problems. What’s required is a new, more collaborative and productive economic system. The Solution Revolution brings hope—revealing just such a burgeoning new economy where players from across the spectrum of business, government, philanthropy, and social enterprise converge to solve big problems and create public value.
By erasing public-private sector boundaries, the solution economy is unlocking trillions of dollars in social benefit and commercial value. Where tough societal problems persist, new problem solvers are crowdfunding, ridesharing, app-developing, or impact-investing to design innovative new solutions for seemingly intractable problems. Providing low-cost health care, fighting poverty, creating renewable energy, and preventing obesity are just a few of the tough challenges that also represent tremendous opportunities for those at the vanguard of this movement. They create markets for social good and trade solutions instead of dollars to fill the gap between what government can provide and what citizens need.
So what drives the solution economy? Who are these new players and how are their roles changing? How can we grow the movement? And how can we participate?
Deloitte’s William D. Eggers and Paul Macmillan answer these questions and more, and they introduce us to the people and organizations driving the revolution—from edgy social enterprises growing at a clip of 15 percent a year, to megafoundations, to Fortune 500 companies delivering social good on the path to profit. Recyclebank, RelayRides, and LivingGoods are just a few of the innovative organizations you’ll read about in this book.
Government cannot handle alone the huge challenges facing our global society—and it shouldn’t. We need a different economic paradigm that can flexibly draw on resources, combine efforts, and create value, while improving the lives of citizens. The Solution Revolution shows the way.
- Sales Rank: #362473 in eBooks
- Published on: 2013-08-27
- Released on: 2013-08-27
- Format: Kindle eBook
From Booklist
Executives Eggers and Macmillan set out to explain the multitrillion dollar “solution economy,” which is arising as governments partner with the private sector (citizens, businesses, entrepreneurs, and foundations) to address society’s urgent and deep-seated problems locally and worldwide. This new approach replaces the historic government-dominated model for solving entrenched problems in fields including health care, poverty, education, housing, and recycling. The public-private partnerships are possible because of technology and access to funding, collaborating tools for citizens to work together on challenging issues, and corporate awareness that enables its leaders to devote resources to addressing society’s pressing problems. The authors cite many new players in the societal problem-solving arena during the last 10 years, including Acumen, Ashoka, Kiva, and Zipcar. The authors conclude that a brighter future is ours “if we are savvy enough to grasp it.” Loaded with important information for a wide range of library patrons. --Mary Whaley
Review
“…pulsating with fresh ideas about civic and business and philanthropic engagement…the breadth of examples is impressive and global.” — The Wall Street Journal
“Eggers and Macmillan’s work succeeds…as a guide to new opportunities to profit from ‘socially impactful’ activities once thought unprofitable.” — Financial Times
“Another good read, The Solution Revolution explores how business, government, philanthropy and social enterprise are converging to solve big problems and create public value...the innovations Eggers and Macmillan outline, and the possibilities they imagine, are fascinating and tantalizing.” — The Washington Post
“The Solution Revolution is an excellent primer for anyone interested in joining the ranks of the social sector…Very few authors and researchers have provided such a comprehensive view of the social sector…” — Policy Perspectives (policy-perspectives.org)
“This book looks at how business, government, and social enterprises are teaming up to solve society's toughest problems. “It’s the best book out there on mobilising communities to solve wicked problems,” says Peter Williams from audit and consulting firm Deloitte.” — Sydney Morning Herald, Summer Reading List, Tech Knowledge
“… a fascinating preview of our economic future, a system where choice, sustainability, and more adaptive ecosystems offer all of us the ability to collaborate towards better solutions.” — USA Book News
“… a pick for social issues and business collections alike. Business collections will find this a specific, inspirational guide!” — Midwest Book Review
“For a book devoted to seemingly intractable problems, it has a very hopeful message.” — BizEd magazine
“A thought-provoking book on how changes have given rise to new issues and challenges and how important it is for society to think beyond self.” — The Star
“an energetic study” and saying, “These stories along with substantive advice for individuals and governments alike present a persuasive argument that the future of global change rests squarely in the hands of ordinary citizens.” — Publishers Weekly
“… worth reading because it is vital to comprehend how, to an astonishing extent, this convergence is already changing the world.” — Vancouver Sun
“If you’re looking for an optimistic read, The Solution Revolution: How Business, Government, and Social Enterprises Are Teaming Up to Solve Society’s Toughest Problems is a perfect choice…This is high-energy, high-level thinking being put into on-the-ground practice to see what comes of it.” — Associations Now (ASAE: American Society of Association Executives)
“The Solution Revolution shows how entrepreneurs all over the world are stepping forward to innovate for the public good.” — T+D magazine (American Society for Training & Development)
“The Solution Revolution provides a useful and thought-provoking method map, examples, and inspiration for this journey.” — Research-Technology Management
ADVANCE PRAISE for The Solution Revolution:
Walter Isaacson, President and CEO, Aspen Institute; author, Steve Jobs—
“Citizens and businesses are creating a ‘solution economy’ that blends market forces and altruism to get good things done . . . Watch out. This book may inspire you to join the revolution!”
Peter H. Diamandis, Chairman and CEO, XPRIZE Foundation; Chairman, Singularity University; coauthor, Abundance: The Future Is Better Than You Think—
“Today the world’s biggest problems are the world’s biggest market opportunities. Want to become a billionaire? Solve a billion-person problem. The Solution Revolution shows you how.”
Jennifer Pahlka, Deputy US CTO; founder and Executive Director, Code for America—
“The Solution Revolution explores how the intersections of the sectors can unlock the potential we’ll need to face the realities of the twenty-first century.”
John Mackey, co-CEO and cofounder, Whole Foods Market; coauthor, Conscious Capitalism: Liberating the Heroic Spirit of Business—
“The Solution Revolution is a wise reminder that global problems shouldn’t be left to government alone to solve . . . Read this book and join today’s ‘solution economy.’”
The Right Honourable Paul Martin, former Prime Minister of Canada—
“With a global population approaching nine billion and governments so indebted that their only answer is to beggar succeeding generations, the current path is clearly unsustainable. Eggers and Macmillan seek a better way.”
Geoff Mulgan, CEO, Nesta; author, The Locust and the Bee: Predators and Creators in Capitalism’s Future—
“Eggers and Macmillan vividly describe creative solutions that break the boundaries between the public and private sectors and civil society.”
Rachel Botsman, coauthor, What’s Mine Is Yours: The Rise of Collaborative Consumption—
“Read this book if you want to understand how the ‘solution revolution’ will create a trillion-dollar market for social good by unlocking the value of underutilized resources in ways and on a scale never possible before.”
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Most helpful customer reviews
30 of 30 people found the following review helpful.
Here's how to tap "trillions of dollars in potential value at the intersection of public, private and nonprofit sectors"
By Robert Morris
As I indicate in my review of another book, Gary Klein's Seeing What Others Don't: The Remarkable Ways We Gain Insights, I realized long ago that the true value of most (if not all) breakthrough insights is best determined by the nature and extent of the disruptive impact they have on the given status quo. That has certainly proven true of analytics, cloud computing, mobile phones, and social media. As William Eggers and Paul Macmillan observe, "The defining feature of Western-style government -- its success in catering to a wide variety of citizen needs -- has become its greatest liability. Governments are going broke while contorting themselves into ever-stranger positions to satisfy often contradictory constituent demands." In the United States, that is true of many municipalities, counties, and even states in which legitimate citizen needs far exceed the resources available to meet therm. "Fortunately, government is no longer the only game in town when it comes to societal problem solving. Society is witnessing a step change in how it deals with its own problems -- a shift from a government-dominated model to one in which the government is just one player among many."
I agree with Eggers and Macmillan that a new economy -- what they characterize as "the solution economy" -- is emerging and it trades in social outcomes. Its currencies include public data, reputation, credibility, and social impact. "The business models are unusual, and the motivations range from new notions of public accountability to moral obligation to even shareholder value." This is indeed a "new game" and the information, insights, and counsel that Eggers and Macmillan provide in abundance will help their reader to understand the new "rules" as well as terms and conditions that may determine initiatives' success or failure.
In their opinion, trillions of dollars in value potentially lies largely untapped at the new intersections of the public, private, and non-profit sectors. They explain in this timely book "how to unlock this value." These are among the passages of greatest interest and value to me:
o The Economy in Eliminating Problems (Pages 3-6)
o Table 1-1: Sample Initiatives of multirational multinationals (31)
o The Innovators: Private Enterprise, Public Benefit (35-42)
o The Wavemakers: In a Nutshell (49)
o Creating the ability to mobilize massive resources (51-56)
o Platforms (90-93)
o Business Models That Scale: In a Nutshell (105-106)
o New Models of Exchange (141-144)
o Crowdfunding (147-151)
o Pay for Success (159-163 & 166)
o Revolutionizing Education: An Innovation Ecosystem (177-181)
o Complementary Capabilities and Effective Ecosystem (192-197)
o Strategies to Grow the Solution Economy: For Government, Business, and Investors (229-237)
Essentially, "Wavemakers" from all three societal sectors solve problems with disruptive technologies, using business models that scale, funded and sustained by impact currencies during public value exchanges, within solution ecosystems. There must be a revolution rather than a process of incremental collaboration that, until now, has exacerbated rather than resolved problems clearly beyond the capabilities and resources of any one sector.
Long ago, Albert Einstein observed that "We can't solve problems by using the same kind of thinking we used when we created them," and, that it is "insanity" to keep thinking and doing what we have done thus far and expect different results.
Obviously William Eggers and Paul Macmillan agree but when concluding this book, they are confident that technologies and business models will prove sufficient to the challenges we now face. "New problems will emerge. Luckily, the fundamental strength of the solution economy is that challenges become opportunities for progress." I hope they are right.
18 of 18 people found the following review helpful.
Great Read
By Stephen Anthony Ressler
I just got finished reading the Solution Revolution and really enjoyed the read. It provides a compelling journey through the power of new approaches and technologies to solving public problems.
Whether you are a political appointee, government leader, or civic entrepreneur, I highly recommend you give it a read as it provides both compelling case studies as well as a roadmap to leverage these new approaches.
As a social entrepreneur myself (worked in government as well as founding a non-profit and a for-profit targeted government problems), I believe 100% in Eggers vision that we need business, government, and social enterprises to team up together to solve these huge problems.
I hope we'll see even more of this thinking in the future.
11 of 11 people found the following review helpful.
What might the Solution Revolution imply for non-profits?
By Michael Pentland
The Solution Revolution is an informative, well-written and topical synthesis of the solution economy as it is unfolding around us. My colleagues create a compelling view of the innovative ways people are tackling tough social problems.
I was particularly interested in how it might relate to the non-profit sector. For centuries, unmet social needs have elicited action and non-profits have long been at the forefront of these efforts. Non-profits have leveraged the motivation of their people, collaborative partnerships, and committed volunteers to make a meaningful impact. The Solution Revolution describes new approaches to address or even eradicate chronic social problems through innovative markets, economic ecosystems and collaborative cross-sectoral networks. These new approaches purposefully blur siloed thinking and encourage innovative models of teaming, create environments that harness market forces, and leverage new technologies (like social, mobile, cloud, and analytics) that change the game further. What might the `Solution Revolution' imply for non-profits?
The Solution Revolution dynamic is real, growing and evolving at an accelerating pace. This may be exciting to many non-profits that see opportunities for new sources of funding, for increased ability to scale, for increased relevance, and, most importantly, to contribute to even greater social impact. This new reality may be equally threatening to many non-profits. While wildly diverse, the majority of non-profits tend to be small, with limited capacity, and many have overlapping focus. Not all may survive.
This Solution Revolution needs to profit from the strengths and attributes of non-profits. Non-profits have an important role in the broader ecosystem that should not be underestimated. In many countries, non-profits are numerous and ubiquitous. They are built on the passion and commitment of motivated staff and volunteers. They are often on the ground and at the front-line of social problems, with unparalleled local and contextual knowledge. They can engage directly with those in need. They often have lower cost structures. They have a hard-earned trust and credibility with partners, communities, and those served. They can act as important convenors and provide valuable input to collaborative problem solving. They also have an abundance of energy from the creative and community-minded people that have quietly provided meaningful service for decades.
Non-profits are also well positioned to inject cautionary considerations into how these markets and economic ecosystems are developed to ensure that vulnerabilities and sensitivities around certain populations are well understood, and in how to avoid intended consequences.
Non-profits will need to change to flourish and to remain as critical contributors in the new environment. With often limited capacity, they will need to be open to new ways of working with others (and the implication on their historic degrees of independence). They will need to challenge their dependence on key individuals. They will need to embrace new technologies and the exciting opportunities they provide to connect and have an impact, regardless of scale. They will need to fully appreciate the new currencies for public value - going beyond traditional monetary currencies to include new impact currencies (ie social outcomes, data, reputation, etc). Many will need to challenge the degree to which they are geographically defined. They need to work with governments to have them put in place the necessary tax incentives and legal designations to support different kinds of organizations. They will also need to build capacity in measurement (relating to evidence-based results) and in developing the mechanisms for constructing more sophisticated collaborative networks.
I hope that this book helps to encourage important dialogue around not only the new and emerging players in the space, but also around the implications for the non-profits that are already so uniquely positioned in the social impact environment.
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