How technology is cracking the world’s toughest problems
3 ways technology is cracking the world’s toughest problems The sun is setting on old ways of tackling social problems. Social entrepreneurship – applying innovative, market-based models to solve social problems – is about impact and scale, not just the product or service itself. Fundamentally, that’s about implementation. How do you get a life-saving vaccine or a life-changing piece of educational software into the hands of people who need it, on a scale that matters? When you’re trying to change behaviour and disrupt the conventional way things are done, whether that’s getting poor people in Mexico to manage their diabetes better or provide financial services to rural communities in the Philippines, the toughest nut to crack is not the what but the how. And leveraging new technology is often part of the answer. “The ICT industry has created tremendous infrastructure for delivering social goods more effectively and cost-efficiently,” said Jim Fruchterman, the Founder of Benetech, a Palo Alto-based non-profit focused on harnessing the power of technology to provide public goods like education and services for disabled people. Indeed, across the Schwab Foundation’s network of more than 300 social entrepreneurs, technology is enabling and transforming business models in ways that were unthinkable ten years ago. Tripling artisan incomes in India Industree is a social enterprise that brings together traditional female artisans making modern lifestyle products (think placemats and pillowcases) into producer-owned companies. You may have seen Industree-produced baskets at IKEA, for example. Industree triples these women’s incomes by cutting out the middlemen and tweaking their designs for Western (and high-end Indian) markets, and their projections were to grow from 2,000 artisans to 30,000 artisans within the next decade. But then they were connected with Mindtree, the IT and business consulting firm headquartered in Bangalore, who helped them totally revamp their model. […]