Wednesday, November 1, 2006

Social Entrepreneurship and the Power of Public-Private Partnerships

Jeff Swartz
CEO, Timberland
  • Doing well and doing good are not mutually exclusive.

  • Philanthropy seems contradictory to profit, but doing good, just like R&D, can translate to value added to the company. You sell people things they never knew they wanted.

  • Changes happen at small retail moments -- a consumer at a point of sale, a voter at a ballot, etc.

  • Create a hierarchy of your goals. "And" becomes a laundry list -- you don't have to eliminate the rest, but you must prioritize. (Remember that crisis is a great editor -- it makes people overcome differences to solve the imminent problem.)

  • You must frame the conversation in an outcome worth fighting for.

  • Everyone agrees with your cause intellectually, but how do you make people actually care about it? You need to get people to witness it personally (tipping point theory: you just need 5 people to come).

  • One cannot create sustainable change unless one reaches across artificial barriers (e.g. public vs. private sectors).

  • Make community service fun -- people have a desire to feel good, feel purposeful. Community service sometimes get a bad connotation (e.g. a judge sentences you to community service).

  • The government needs to challenge more and dictate less.