Posts Tagged ‘community’

Farewell from a Dedicated Chapter Leader of NYfA

Thursday, August 5th, 2010

Theos StamoulisLike many Acumen Fund volunteers before me, it is time for me to step away from the New York for Acumen (NYfA) chapter and carry on with another of life’s adventures.

Over the past six years, I’ve worked as a professional fundraiser with several organizations in a number of different fields — humanitarian aid, education, cancer research, etc. During that time, I increasingly grew frustrated with the lack of leadership and organizational infrastructure I witnessed within the nonprofit sector. Though unaware to me at the time, this frustration would eventually lead me to Acumen Fund.

In December 2008, I discovered Acumen Fund through Matthew Bishop’s best-selling book Philanthrocapitalism. In the book, Bishop provides countless examples of organizations like Acumen Fund that are reshaping the face of philanthropy by integrating market-oriented practices to leverage social impact.

Inspired by the notion of contributing my fundraising skills to the organization after listening to CEO Jacqueline Novogratz discuss her book The Blue Sweater, I would have never imagined how I would spend the next year and a half. From marketing the Dignity photo auction to organizing the recent *spark! event, I have been honored to collaborate with such a talented group of individuals. Through our efforts, we have not only raised significant funds for Acumen, but also ignited a global movement.

In the past year,  what I’ve learned most from working with the New York team is that one should never allow fear of failure to prevent you from doing anything you want. If you’ve been mulling around an idea for a new project, then just start it.  Stop worrying about failure because you’ll probably learn more from actually doing the work than you would from not doing anything at all. Before the Dignity event last year, for instance, many of the volunteers and Acumen Fund team had absolutely no idea what would follow that event. Thousands of dollars and several volunteer chapters later, here we are. But none of this would be possible had a group of volunteers not been willing to cast their fears to the wind and start something new.

During my time as a volunteer, I often heard people say, “I want to help. How do I want to get involved?” This is a good question, but could be better. Why? Because, in my opinion, the most dynamic volunteers are those who recognize a need, and decidedly offer a solution.  Whether it is making a donation or offering your time, everyone has something to offer. I understand how completely hackneyed that sounds, but it’s true. However, when we begin to tell ourselves that we have nothing to offer, we run into trouble.  There are countless nonprofits who need donors, volunteers or advocates. So why not start doing something for a cause you’re passionate about?

Having said that, I think it’s important for all individuals to reflect on their strengths when deciding to volunteer. Even the insanely talented Acumen Fund team is composed of people who have various strengths and weaknesses. I know, I know. It’s hard to believe. But the Acumen Fund team is just as human as you are. So before you get involved with any organization, take a few minutes to think about what your strengths are, as it will make all the difference when suggesting how you may assist a particular nonprofit or volunteer group.

In closing, while I’m leaving the New York chapter for now, my work with Acumen Fund is certainly not finished, nor has the momentum slowed that we’ve started in New York.  I have been blessed to be part of such a compassionate and dynamic community. Through a shared commitment to improving the world we live in, I have met people from all walks of life who have not only invigorated my commitment to solving the problem of poverty, but also reinforced the beauty and strength of the human spirit. And for that, I am eternally grateful.

I encourage you to check out the New York for Acumen chapter, which will continue to host educational events, networking opportunities and inspiring fundraising programs in support of Acumen.

Theos Stamoulis joined the leadership team of New York for Acumen in September 2009. He will soon move to Indiana to pursue an MBA at Indiana University’s Kelley School of Business…he will be missed!

Three Questions for Dan Heath

Monday, July 12th, 2010

SwitchWe first heard Dan Heath speak at the Fast Company Awards in 2008. That year Acumen Fund was nominated for the Social Capitalist Awards, and Dan was talking about his new and (at the time) relatively unknown book Made to Stick, co-authored with his brother Chip. His words and ideas resonated deeply with us and everyone in the room, and so it came as little surprise when Made to Stick went on to become a bestseller, earning its place as a classic in its genre. We’ve been huge fans ever since, eagerly anticipating each new issue of Fast Company for the brilliant column by the Heath Brothers, and returning time and time again to the wisdom and unforgettable stories from Made to Stick and their latest bestselling book Switch .

Recently, Dan and Jacqueline decided it would be fun to swap short Q&As. Three questions each. You can read the three questions posed by Dan to Jacqueline on the Heath Brothers website here. Below are the three questions posed by Jacqueline to Dan.

What are your thoughts on how Dan and Chip’s’ principles apply to Acumen’s work?

JN: You talk about finding the “bright spots” (identifying the things that seem to be working) as one of the first steps on the road to change.  I imagine that finding these bright spots and interpreting them is sometimes harder than it looks.  For the best organizations you’ve seen, how much is this an analytical versus an intuitive process?

DH: Let me give a bit of backstory on “bright spots” for those who haven’t read Switch. Psychology tells us that we’re wired to look at the negative. When we want change, we tend to obsess about all the problems we’re having and we try to come up with solutions for them. But, in times of change, there may be many things that aren’t working, so that “problem focus” is a recipe for paralysis. Instead, we need to find the bright spots—that is, the early signs that things are working. Once we’ve found the bright spots, we can clone them. For instance, say you’ve got a troubled relationship with your teenager. Rather than obsessing about the difficulties, ask yourself, when was the last time the two of you had a really healthy interaction? That’s your bright spot. What was different about that moment? (Were you talking at a different time of day? Different place? Different conversation topics?) If you can figure out what conditions made your bright spots possible, you can reproduce them.

The same is true for social enterprise. Jerry and Monique Sternin made a career out of solving seemingly intractable problems—child malnutrition in Vietnam, sex trafficking in Indonesia, gang violence in New Jersey—by focusing on the practices that were already working, and then scaling those successes. (Interested readers should check out the Sternins’ essential new book, The Power of Positive Deviance.)

Sometimes you can use data to find bright spots. The Sternins, in particular, made data-gathering a priority. But other times, it’s not possible—it would be difficult, for instance, to collect data on your relationship with your teenager. Whether your process is analytical or intuitive, the important thing is to direct your attention to the things that are already working, in spite of the problems. (For a longer treatment of this issue, here’s an excerpt from Switch about bright spots.)

JN: One of our biggest questions at Acumen Fund is how to switch the thinking in aid from one of giving handouts to creating a mindset of the dignity and capability of every person on earth – no matter what their income.  What might we do better to catalyze that new way of thinking?  What are the things we can do and say to make people resolve to effect changes in ways that matter, ways that, well, stick?

DH: Here’s the problem: I think many of us think of “The Poor” as this homogenous, pitiable group. We imagine them as if cast by Sally Struthers, lying on the side of the road, begging for their next meal, swatting flies away from their faces. What I loved about your book—and also another eye-opening new book, Portfolios of the Poor—is that we get a more 3-D portrait of the poor. We meet people making a dollar or two a day who create strict household budgets, who save money in multiple ways, who take loans from banks and loan out money to neighbors. People with rich, complicated lives. People who are happy. (Do we need people to be miserable to be deserving of our help?)

The poor don’t need our pity, they need our business and our investment and our ideas. They need to be treated as moral equals. I’m actually very optimistic that this message—your message—will stick. One “trait” of an idea that helps it succeed is unexpectedness, and I think there’s plenty that’s unexpected in your message. Many of us have had such a one-dimensional view of the poor for so long that the reality of their experience—and the reality of their needs—will surprise and motivate many people.

JN: We spent so much time – and our educational institutions drill in the notion – working on the Rider (the analytical). At Acumen Fund we talk a lot about “moral imagination” which is the power to see things from another’s perspective and literally to walk a mile in others’ shoes.  How do we all get better at tapping into our Elephants (our emotional selves)?  More specifically, how can we teach others to do this?

DH: When we change, it’s almost always because of a feeling. There’s a spark of emotion—desire or fear or hope—that motivates us to move. We rarely learn our way into change, encountering a set of facts so convincing that we leave our past behaviors behind. Feeling comes first.

John Kotter says that change tends to happen in a three-step pattern: People SEE something that makes them FEEL something that leads them to CHANGE. SEE-FEEL-CHANGE. Here’s what I would challenge Acumen and its brethren to do: Make it possible for us to walk a mile in the shoes of the poor. Not for fundraising purposes or for heartstring-plucking purposes, but for the purpose of “moral imagination,” as you say.

I don’t know what form that could take—audio interviews a la StoryCorps? Videos that show a “day in the life?” Daily journals posted online? Regardless of the format, I think your goal is 100% right: I believe that if we can create empathy for the poor, as they really are—full of dignity and talent and promise but hampered by a shocking lack of opportunities, relative to our own lives—then we can’t help but do something to help them.

SF for Acumen Event: Social Enterprise from Scratch

Friday, July 9th, 2010

SF for Acumen and SOCAP10 Event at The Hub

When we started Acumen’s San Francisco chapter last fall, we knew we wanted to do something that had a distinctly Northern Californian flavor. So we took a page from Silicon Valley’s tech community and held a pitch night last month where five emerging social enterprises gave their best business plan presentations to a panel of Bay Area venture capitalists and veteran entrepreneurs like Premal Shah of Kiva.

More than 200 people came to see entrepreneurs like Shah and Leila Janah of Samasource share the lessons they learned from building their nonprofits from the ground-up.

Whether facing cost constraints, building a new brand in an unknown market or creating traction in an online marketplace, all of the speakers shared a common commitment to approaching long-standing problems with innovative technology solutions. It was an incredible opportunity to hear from individuals who are so boldly championing social enterprise as a solution to the economic and social disparities endemic to global poverty.

The second half of the event was dedicated to showcasing some of the pioneering social entrepreneurship happening in the Bay Area through a VC panel and social entrepreneur pitch session.  After sharing her experience working with D.light in India as a 2009 Acumen Fund Fellow, Heidi Krauel graciously moderated the VC panel and pitch session. Each social entrepreneur was given five minutes to pitch their business models to the VC panel and then responded to five minutes of Q&A from the panelists.  The social entrepreneurs’ pitches – spanning businesses in microfinance, water, cleantech, international development and web – underscored the incredible level of commitment it takes to launch a social enterprise.  Their excitement and dedication was truly inspiring. We hope the critical questioning from VC panelists Wes Selke of Good Capital, Beaudean Seil of Hunstman Gay Capital Impact and Esther Park of RSF Social Finance, will help them refine their business models as they work to build their organizations.

SF for AcumenSF for Acumen

We partnered with Hub Bay Area and SOCAP10 at the Hub’s new downtown SoMa location. Just a few hours before the event, the Hub was still buzzing with activity with members dispersed throughout the 8600 sq. ft. of communal workspace. But, by 6 p.m. the Hub’s staff had expertly transformed the interior from a sea of modular work islands, designed to foster radical collaboration and idea flow, into an event space soon to be filled with 200 attendees. The wine was flowing courtesy of our sponsors Y&B Wines and The Bubble Lounge.

Following the pitches, we were thrilled to be approached by other social entrepreneurs interested in similar events in the future. For us, this was a true measure of the event’s success.  We hope Social Enterprise from Scratch is just the beginning of SF for Acumen’s potential to serve as a resource and inspiration for our community.

Join SF for Acumen and Nuru Project for DIGNITY, a photo auction and exhibit benefitting Acumen Fund. The event will be held on Saturday, August 7th at Gallery 16 in San Francisco, and will feature 30 prints by renowned photographers for auction.  All tickets include open wine/beer bar and hors d’oeuvres, and proceeds from the event will support Acumen Fund. Register here.

Mediha Abdulhay and Kim-Mai Cutler are co-leaders of the SF for Acumen chapter. They organized the Social Enterprise from Scratch event at Hub SoMa in San Francisco in June 2010. Learn more about SF for Acumen on our Community site.

Pakistan for Acumen, Spurring New Debate on Social Enterprise

Wednesday, June 23rd, 2010

Pakistan for Acumen Event

Pakistan for Acumen (PfA) did something different…the leaders of this newly-formed volunteer Chapter sought out an inspiring venue, T2F – The Second Floor in Karachi, PK – to host its event earlier this month. As a result, a group of curious and energetic students and professionals came together to learn about how PfA can spur conversation and debate about social entrepreneurship.

PfA arranged this event with the intentions of:

  • Furthering dialogue/debate around social entrepreneurship by asking the questions: What does it mean? What does it mean from Acumen’s lens? What is the role of sustainability, social impact and scale? How can we find balance for the greatest success?
  • Creating an opportunity to energize young professionals, students and entrepreneurs about social entrepreneurship as a career choice, and discussing the value this creates for the development of Pakistan.
  • Getting more young professionals involved with PfA Chapter activities.

The event kicked off with a screening of Jacqueline’s video as featured on PSB NewsHour. The short clip provided good fodder for discussions about Acumen Fund’s work. Following the video, PfA shared a powerful presentation highlighting issues like ‘who are our social change agents?’ and ‘social business that serves the poor’. These topics resonated with me because they clearly articulate Acumen’s values of acknowledging entrepreneurs who, despite a variety of challenges, are still striving to create businesses/markets to serve the poor. The interconnectedness perceived by the participants was evident in the discussions that followed the session.

Sarah Dimson, an Acumen Fellow working with AMC in Pakistan, deliberated on how affordable housing has proved the potential for scaling the social enterprise sector. She talked about her personal experience of working with AMC, an emerging housing company that not only builds houses, but also communities! Her enthusiasm and the commitment with which she has accepted the challenge to work in the sector and this country strengthen the need for the chapter to come forward and start taking action.

“In my presentation, I highlighted how microinsurance as social enterprise is assisting low income families to get out of a poverty trap and augmenting the microfinance sector to expand and develop a new market. I shared my excitement that the enormous exposure to forums and opportunities, networking with the world’s top-most leaders, and invaluable source of knowledge about the sector, has helped me broaden my thinking. Excited about sharing my vision of creating future leaders for Pakistan, I concluded the presentation with an invitation to act by saying ‘Do you have any dream or plan to be, yourself, a change agent or be a part of the change? If not, join the Acumen Community; you will have one very soon!’”

Pakistan for Acumen Event

I was extremely touched by the interest and quality questions after the presentations. The curiosity to have a metric for measuring social impact and the suggestion of a lab investment gave me comfort that the event had a leap-forward impact on the participants’ understanding of the sector. Questions like ‘how to measure the social impact,’ strengthen Acumen Fund’s efforts of developing the right metrics and tools to do so. The group itself was challenged, had the chance to unearth these kinds of queries, and is willing to contribute in developing such tools.

I had the opportunity to meet a few exciting folks from the business and technology sectors who want to do their part. Farhan Zaidi, an IBA graduate, invited me and Acumen Fund to hold such gatherings at his campus. Another group of gentlemen expressed their deep interest in the Fellows Program and Summer Internships as an opportunity to learn more about the space. I was amazed to see another passionate woman, Iqra Shaukat from the Association Internationale des Etudiants en Sciences Economiques et Commerciales (AIESEC), striving to bridge the divide between the developed world and Pakistan by offering an exchange program for youngsters across the globe. AIESEC is currently seeking networking opportunities, so their groups would exhibit greater diversity.

I hope this event will go a long way in advancing the discussion and bringing more people on board with Pakistan for Acumen, and the sector at large.

Zahoor Muhammad is an Acumen Fellow in the Class of 2010, working with FMiA in Pakistan.

Dining for Dignity – Thanks to an Ash Cloud

Thursday, June 17th, 2010

Dining for Dignity

This past Sunday, I found myself standing in a hidden bohemian (albeit) shabby chic virtual warehouse in the heart of London’s East End with Michelin Star chefs prepping and dicing in the upstairs kitchen.  I looked out to a sea of faces at this Dining for Dignity event, hosted by London for Acumen – some new and some very familiar.  Those faces staring back at me were faces I identified as Acumen’s growing community of true game-changers, who I know will continue to inspire me, and yet there I was for the evening hoping to inspire them.

After a 6-course Michelin star menu – prepared by the former team of Richard Corrigan and Tom Aikens: Ollie Pudney, Dominic Robinson and sommelier Dawid Koegelenberg – I took to the stage and began to educate the room about the concept of venture philanthropy. I talked to them about A to Z and their blended approach of business and philanthropy, and more importantly, I tried to reach them with this story that meant more than debt, equity and metrics.

This evening would never have taken place without the goodwill of Eyjafjallajökull.  I say that flippantly, yet truthfully.  It was this Icelandic ash cloud that destroyed travel plans for many and brought me together with Yasmina Zaidman and her team at Acumen.  For those few weeks, I was in the presence of an overwhelming number of social innovators. It was then that I decided to dedicate my time to London’s plans and vision in support of Acumen.

Sunday was a humbling night.  This event, the first fundraiser of the year for our group, brought in more than GBP 980 for Acumen.  The buzz that evening felt unstoppable.  We as a chapter have only begun to realise our momentum, our press that evening was phenomenal, the goodwill from some outstanding individuals was recognized, and we expect that this is only the beginning.

Learn more about London for Acumen and join us!

See more photos from the event and check out the BBC coverage, below.

Jill Richmond is one of the chapter leaders of London for Acumen. She helped organize the Dining for Dignity event on June 13, 2010.