10.21.07

Social Marketplace: What Could This Be?

Posted in Story Index, exchanges, information hubs, rating agencies at 3:17 pm by Samantha Beinhacker

The William and Flora Hewlett FoundationRosetta_Stone_BW.jpeg is engaged in a fact-finding investigation to assess the most effective tools and models to assist decision-making in philanthropic investment. Calling it a “social marketplace” of information for the philanthropic community, the tool (or tools) would probably be some kind of technology-based application, according to Susan Bell, director of Hewlett’s philanthropy program. You can read the full interview here.

I suggest there is an important role these emergent social stock exchanges can play in the development of this information tool. Perhaps the Story Index might help? We’ve defined the Story Index as an attempt to create a Rosetta Stone between all the nascent exchanges, rating agencies and analyst groups that are arising, trying to determine common denominators of the value of “businesses doing good” that are best encapsulated in narratives.

10.18.07

Blogs: Adding value to social capital conversations

Posted in information hubs, transparency at 6:44 pm by Andrea McGrath

Sean Stannard Stockton - principal of the blog Tactical Philanthropy and a new member of the blog team at SSIR (see the full team here) - posted an interesting note on his recent conversation with Paul Brest of the Hewlett Foundation and why Paul should start a blog (Sean builds on Paul’s argument for an information marketplace on social impact data). The common thread among both of these authors is discussing the value of “marketplaces” for information. As Sean states: “marketplaces are not just a collection of transactions but a “swarm” of interpersonal interaction between people (see xigi). Financial markets are virtual – but no less human… this transition (to virtual markets) does not JUST require data but conversations”.  He argues that conversations are the key to growth in philanthropy, and we feel conversations are just as important to the growth in many types of social capital – as well as to the development of social capital market infrastructure (story behind the xchangexchange). He also makes the point that it essential for funders to join in the dialogue – and we agree (see the full post here   

 

10.15.07

Another Innovation Exchange

Posted in information hubs at 1:16 pm by Andrea McGrath

It seems the UK is becoming a hotbed of social innovation networks and exchanges. The Young Foundation has launched SIX (Social Innovation eXchange)- a new global network of networks to promote social innovation. SIX brings together people and organisations involved in innovation across the fields of technology, design, cities, social entrepreneurship, public policy and business. Its network spans sectors as diverse as culture, education, health and the environment. SIX aims to develop existing and new links with similar organisations and social enterprises all over the world, providing a network of networks. By connecting people, bringing together resources and sharing ideas and practical solutions, SIX will raise the profile of Social Innovation, and help accelerate the process and its effects all over the world  The Social Innovation eXchange (SIX) is a partnership of the Young Foundation, Cisco, Global Ideas Bank, Kaos Pilots, MIK, OECD, SEP-Sustainable Everyday Project, School for Social Entrepreneurs, Tallberg Foundation, and many others working on social innovation to meet unmet needs 

10.14.07

Emerging market information hub

Posted in information hubs, prediction markets at 6:05 pm by kevindjones

Here is an information hub in an emerging market; that of prediction markets. kind of self important, but he seems to be serious and has compiled a lot of resources. it’s one model for us to look at.