My journey from the IIM’s to the development sector

It was June 2001 and I had arrived in life. Or so I thought! Students had landed up at IIMC with various objectives โ€“ to learn, to build their CV, to get an amazing job, to build careers and even to get a great spouse (not necessarily in that order)! I had landed there more through a process of elimination than one of selection.Post Engineering, an MBA seemed the next logical step in this (seemingly unending?!) exploration called life and…

Is Social Entrepreneurship Revolutionizing India and Changing the World?

In the words of Muhammad Yunus, the founder of Grameen Bank, “Human creativity is unlimited. It is the capacity of humans to make things happen which didn’t happen before. Creativity provides the key to solving our social and economic problems.” This statement encapsulates the essence of social entrepreneurship and its transformative impact on societies around the world, including India.Traditional economics, which primarily focuses on growth, often has a myopic view of progress. It measures growth based on output, production, and…

Impact Investing: Transforming the Landscape of Social Change

The world is facing complex challenges, from poverty and inequality to climate change, access to quality education and healthcare. Traditional approaches to philanthropy and development aid are no longer sufficient to address these issues effectively. In response, a new wave of impact investing has emerged, aiming to generate both financial returns and measurable social impact. This blog delves into the evolving landscape of impact investing, exploring innovative financing models, showcasing inspiring case studies, and highlighting the importance of collaboration in…

Does India’s Social Sector Need Better Management

Young people, students especially, often ask me, โ€œWhat should I study to best prepare for a career in the social sector?โ€ My answer has been, โ€œPick a course of study that plays to your strengths and aptitude because the social sector needs every skill-set imaginable.โ€ Over almost 23 years in the sector โ€“ as a fundraiser, grant-maker, campaigner, researcher, academic, activist and, yes, manager โ€” Iโ€™ve had the immense good fortune to work alongside great talents with degrees in engineering,…

Development Management: New Possibilities Of Growth

Development space is desperately looking out for people who understand the sector and are able to contribute in constituting world class, impactful, sustainable social organisations using mantras of leadership and management relevant to the development sector.While the Indian civilization dates back to at least 6500 BC, India as an Independent nation is only 72 years old. As we complete 72 years of independence, it is a good time to step back and see how far we have come.In 1947, India…

Demystifying Social Impact Funding: A Landscape of Diverse Players and Objectives

In today’s world, where financial resources are increasingly sought after for addressing complex social and environmental challenges, social impact funding has emerged as a powerful tool for positive change. But what exactly is social impact funding? Who are the key players involved, and what are their motivations?This blog delves into the world of social impact funding, shedding light on its diverse forms, motivations of investors, and the crucial role it plays in creating a more sustainable and equitable future.Understanding the…

Building Capacities for Implementing Organisations and Donors in a Changing World

The landscape of social impact is rapidly evolving, driven by the increasing complexity and interconnectedness of global challenges. Issues like climate change, poverty, and inequality demand collaborative and multifaceted solutions that transcend the limitations of traditional philanthropy. Data from the Global Impact Investing Network (GIIN) reveals a burgeoning impact investing market, reaching an estimated USD 1.164 trillion in assets under management as of 2022, signifying a growing appetite for investments that generate both financial returns and positive social and environmental…

Building a Brighter Future: Collaborative Learning and Knowledge Creation for Social Impact

The Indian social sector is experiencing a dynamic transformation, with traditional funding models evolving and innovative financing mechanisms taking root. In this landscape of change, collaboration, knowledge creation, and stakeholder engagement arenโ€™t options any longer, they are the cornerstones of a thriving and impactful future.Empowering Change Through Education: Cultivating Capacity for ImpactAt the heart of this transformation lies capacity building. It’s about equipping both Implementing organisations and donors with the knowledge and skills to navigate the complexities of innovative finance,…

Summary of roundtable discussions on investing in social change: The role of innovation finance in driving positive impact

This report summarizes key insights from roundtable discussions on the role of innovative finance in driving positive social change. It explores how various financial instruments can be leveraged to achieve greater impact and scale in the social sector. The discussions covered topics such as blended finance, impact investing, and partnerships between different stakeholders to mobilize resources for development. The summary highlights the potential of innovation finance to address complex social challenges and foster sustainable solutions.

Vancouver Island Social Finance Report

This report presents an overview of the social finance landscape on Vancouver Island. It explores the existing social finance vehicles and discusses the potential for Social Impact Bonds (SIBs) and other innovative financial instruments to address local social challenges. The report aims to inform stakeholders about opportunities for leveraging social finance to achieve greater social impact and foster community development within the region.
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