The FSU team’s winning business plan for the
competition was a thermoelectric device that attaches to cell phones. This device generates electricity by heat. The heat
from one’s hand is sufficient to produce electricity. The device attaches to the back of the phone and when the person
holds the phone it immediately charges the phone. FSU Chancellor James Anderson, who attended the event, spoke with some of
the judges after the competition and they praised FSU’s team. “Their presentation was flawless and they answered
all of the judges’ questions authoritatively and without hesitation,” Anderson said
2nd prize winner (and best presentation team) - green airports with solar luggage
carts- Dynamic Sustainable Solutions - Florida A&M
Below
are the semifinalists of the 2012 MIT Clean Energy Prize
Energy Efficiency
Dynamo Micropower – Duke / Northeastern Dynamo
Micropower is a small power products company that provides a unique generator (<20kW genset) that is fuel flexible, operates
10x longer, and is up to +25% more efficient than legacy reciprocating generators. We provide custom power products to the
upstream oil and gas industry to drastically reduce the cost of energy, thereby increasing the operating life of stripper
wells.
Innoveq – Columbia / Stanford
/ Carnegie Mellon / VIT Innoveq is a startup looking to research, design, and sell a waste heat recovery system
that captures the heat waste generated by an internal combustion engine to power belt-driven auxiliary accessories in an automobile.
iVEG – Purdue
/ Vincennes / Colorado State iVEGTM (infinitely Variable Electric Generator) is a patent pending means of utilizing
proprietary software to combine proven advances in transmission and flywheel technologies to maximize the efficiency and capacity
factor of small to mid-scale wind turbines.
Lean HVAC – Carnegie Mellon Lean HVAC is a software platform that automatically diagnoses faults in the building HVAC (Heating, Ventilation and
Air-Conditioning) systems. By continuously monitoring and assessing the conditions of HVAC systems, it not only saves about
40% of energy consumption, but also enables condition-based maintenance and minimizes system downtime.
Radiator Labs – Columbia Radiator Labs has developed a low-cost, easily installed radiator retrofit that converts radiator heating systems,
over which buildings typically have little control, into a highly controllable zoned system where each radiator represents
a single zone with temperature feedback control. Our value proposition to building owners and building inhabitants is to significantly
reduce the energy waste implicit in radiator heating while increasing the heat distribution and consistency of building interiors.
Renewable Energy
Invisergy – MIT / UPenn Invisergy envisions every window contributing to a sustainable energy future. Our unique solar power generating window
delivers a combination of electricity generation, cost-savings, and aesthetic appeal that will make this goal a reality!
Beejli – MIT / Harvard Beejli Technologies is targeting the 100 million households in India that have no access to the electricity grid and
rely on dirty, expensive kerosene lanterns for lighting. We have a patent pending technology that enables a small solar panel
to connect to the existing wireless telecommunications infrastructure in India. Our unique ability to remotely monitor and
control the panel system will allow us to distribute the systems at low upfront cost, meter the power output, and bill for
the electricity usage. We will sell the panels to rural shop owners, who can set up businesses to re-charge mobile phones
for a fee, and rent/recharge small electronic devices like battery powered lanterns and radios.
Plasmonic Energy – UMass
/ MIT Generating liquid fuels directly from sunlight, CO2, and H2O is seen as one of the prospects of renewable
energy. The Plasmonic Energy team have been developing a technology that directly converts sunlight, CO2, and H2O to liquid
hydrocarbons that are drop in replacements for gasoline, diesel, and other transportation fuels. Plasmonic Energy projects
that the process will produce liquid transportation fuels at economically favorable costs.
Solar Tri-Gen – MIT Solar Tri-Gen is dedicated to the premise that innovative, affordable, renewable energy is the only solution to the
growing tension between the aspirations of the developing world and concern over global climate change. We transfer technology
and build capacity through partnerships that manufacture, own, and operate novel distributed energy infrastructure based on
concentrated solar power (CSP), and provide an affordable micro-utility service and tri-generation to health clinics and schools
in remote areas.
Spindrift Energy – MIT Spindrift Energy is a startup seeking to be a market leader in the development and licensing of hydrokinetic wave energy
conversion devices. Our company is focused on delivering a cost effective and renewable energy source to offshore oil mining
companies, and eventually to public utilities that wish to meet renewable energy mandates and reduce dependency on fossil
fuels. The power generated by SE devices will give our clients dependable and renewable energy, at a competitive cost and
with minimal upfront capital.
Deployment &
Infrastructure
Broad Peak Energy Solutions – Tufts Broad Peak Energy Solutions deals in low price ticket urban solar powered backup systems for Pakistan. This is a social
business with a triple bottom line focus with social, environmental, and economic benefits for users.
Envir Energy – Houston
University Envír Energy will research and commercialize revolutionary new methods in carbon sequestration
through initial promotion of carbon, capture, and storage implementation in the power generation industry. Envír Energy
has developed an assessment tool which analyses the cost for the manufacturing of a power plant and the ensuing costs of the
carbon capture, transportation, and storage (CCS) system. This assessment tool will allow Envír Energy to establish
a network within the power generation industry, attract investors, and promote carbon capture within the industry. In turn,
this will allow Envír Energy to focus initial efforts in developing a carbon dioxide capturing method based on PAMAM
dendrimers.
Luma Light – MIT / Carnegie
Mellon Through an innovative business model, Luma Light taps the enormous market for lighting solutions in rural
areas around the world with no access to electricity, starting in Sierra Leone. Luma Light works with existing entrepreneurs
and creates a rental business model of solar lights for rural communities. The entrepreneurs rent out the lights on a nightly
basis for a fee to customers, keeping a percentage and giving the rest to Luma Light. This daily fee is lower than what customers
currently pay for expensive and dirty lights.
SignTurbine – Boston
University / Columbia College SignTurbine is implementing the engineering of Renewable Energy Power Generation Systems.
By using existing Flag and light pole foundations it can lower installation cost in creating a root location primary power
smart management system. The revolutionary patent pending FlagTurbine, designed to coaxially convert wind into electricity,
while providing advertising, is interfaced into the Power junction for distribution and centrally controlled with the Power
Control system for load demand power management. SignTurbine is your Green Energy for Advertising, intelligent power generation
and management system.
SolidEnergy – Harvard /
MIT SolidEnergy is a privately held company founded in the spring of 2012. Its mission is to develop cutting-edge
lithium battery technologies to meet the world’s growing energy storage demand. It is comprised of a team of Harvard
and MIT-trained scientists and entrepreneurs with experience in battery technology, energy startups, and a passion to change
the world. SolidEnergy is developing a Polymer Ionic Liquid (PIL) rechargeable lithium battery technology that dramatically
improves both the safety and energy density of rechargeable lithium batteries. The battery can safely operate from −40
°C to 250 °C, and has the potential for 4X the energy density of a conventional lithium-ion battery. This dramatically
increases the range capability of electric vehicles (EVs), speeds up the adoption of EVs worldwide, reduces US demand for
foreign oil and helps reduce global CO2 emissions.
A company which has developed battery technology that can work in the extreme heat of downwell drilling operations,
as well as at room temperatures, has won a $12,000 prize in the first MIT ACCELERATE contest Wednesday.
SolidEnergy
is a startup made up of four MIT students, advised by Professor Donald Sadoway. Sadoway has worked in energy storage and is
a co-inventor of SolidEnergy’s technology. Previously, Sadoway helped devise a new technology for a liquid metal battery that could one day be used to improve consistency of renewable energy on the electric grid. He is also
a past recipient of a grant from the Deshpande Center for Technological Innovation for a proof-of-concept for a novel battery using
a supervalent technology to move energy density beyond the limitations of lithium-ion batteries.
Judges
in the contest were Rich Miner, a partner at Google Ventures; Seth Priebatsch, founder and chief ninja of SCVNGR Inc., a social
location-based gaming platform for mobile phones; Chris Gabrieli, partner at Bessemer Venture Partners; and Maura O’Neill,
chief innovation officer of USAID. SolidEnergy beat out 28 other teams spanning such diverse sectors as life sciences, mobile,
and energy.
.Note rules above have emerged from 12 years of national start up competition connecting over US 100 colleges at end
of university year - they are new being extended to social start up competition at start of each state's university
year focused on those students, chancellors and professors that want to create jobs and develop community franchises
solving social challenges of most interest to america's next generation - questions welcome chris.macrae@yahoo.co.uk washington dc hotline 1 301 881 1655
can student entrepreneur competitions be best way to job create
a case that fascinates me is how the best student entrepreneur competition has emerged over last 12 years
from the need of over 100 historically black colleges to collaborate around an entrepreneurial program- back in 2000 none
existed; today they are centre stage of the best annual comeptition http://www.ofcvc.org/
which I am going down to atlanta to celebrate at end of week thanks to the founder of this entrepreneurial championship:
professor bhuiyan
there are also variants of the competition process that will be used to start next university year where winning
students get the prize of taking their professors out into societies to solve chalenges and create local jobs - so far 3 states
in addition to Georgia have signed up to do their own youth 1000 "jobs brainstorming" late september
Experience shows that most of the student ideas that emerge from the social solutions
competeition could be collaboratively replicated from state to state with matching needs- so what state couldn't gain from
a well designed microcredit for battered mothers or a pop up fresh foods delivery system to neigbourhoods in a capital where nutritious food is hard to buy
Since their first elevator pitch back in October, students participating in the Boston College Venture Competition have been refining their startups, finalizing their business models and striving to get to the next step of the Competition.
Out of the 20 teams who initially pitched their ideas, there are now five left standing. Those five are the “Accelerator
Teams,” and they’ve just been awarded $1,000 in seed money. If all goes according to plan, however, that $1,000
will turn into $10,000.
Although their final pitch won’t happen until April 11th, we thought we’d give you
a look at the teams who’ve made it this far, along with feedback from one of the Accelerator judges, Dan Croak, the
chief marketing officer for thoughtbot.
Maji — Standing for “water” in Swahili, Maji is a water bottle company working to solve the world’s
water crisis. For every 1,000 Maji bottles sold, Maji provides a well for a village in a developing nation. The team was the
winner of the “Audience Choice Award” back in October, and has since begun spreading their message to other campuses,
including the University of Richmond and New York University, according to Paul Veiga, Maji’s chief financial officer. Croak’s take: “Maji has a very simple concept, is riding a real trend and has unit economics that work.”
NeuroTone
— Following the group’s joint passions in music and science, NeuroTone is a music consulting company that utilizes
biometrics to gather unique and insightful consumer data to ad agencies, record labels and retailers. Teammate Sven Benson
says the group is in the process of buying their own galvanic skin testing monitor so that they can begin testing users before
their final pitch. Croak’s take: “Neurotone is discovering new connections between sound and the
human body.”
Green Lightning Surfboards — Green Lightning provides the “eco-friendliest wave-riding experience” by creating custom surfboards made
from recycled, organic and bio-derived materials. Over the last few months, the company’s already acquired and served
their first four customers and have engineered a vacuum bagging system. Co-founder Kevin Schoenthaler calls BCVC “a
catalyst for [Green Lightning’s] refinement,” and no matter the outcome, he says they plan on growing in New England
and then expand to Southern California. Croak’s take: “Green Lightning’s target market is
incredibly passionate.”
Namib Beetle — The Namib Beetle Design (NBD) is a biomimicry-inspired product based on the Namib
Desert Beetle that uses nanotechnology to trap water from condensation to produce a sustainable method of collecting clean
drinking water. Although the team’s COO Miguel Galvez admits they’ve hit some roadblocks, they now have a provisional
patent. Croak’s take: “Namib Beetle is trying to solve a gigantic problem with a cost-efficient
solution.”
Per Diem Connect — Per Diem Connect is an efficient and malleable networking
system designed for business travelers and is controlled for quality by those business travelers. Their “strong search,
targeting and mobile concierge services unite the major event groups on one communication platform.” Chris Ballerini,
co-director of marketing and strategic operations, says they’ve already talked with several venture capitalists, consultants,
angel investors and lawyers. He admits, “No matter the outcome of the BCVC, we will continue to work toward the creation
of a successful business.” Croak’s take: “Per Diem’s clients have money to spend on
their type of solution.”
After seeing all of the teams present, fellow judge Sean Lindsay, co-founder of Viximo and creator of Founder Mentors, admitted he’s excited to see how the teams progress through the program.
“I’m incredibly enthusiastic
about Boston’s entrepreneurial student community, and it was great to spend time after the formal event talking with
the students about their businesses,” Lindsay says.
Good luck to the five semi-finalists as they gear up for April!
with
Nobel Prize recipient Dr. Muhammad Yunus are Bainbridge College ... 38 student teams in
the competition based on Dr. Yunus' concept that social ...
queries on how to host competition for students in your region - email chris.macrae@yahoo.co.uk
(tel hotline washington dc 1 301 881 1655 ) and I will relay them on the team who have spent 11 years perfecting this
franchise out of Georgia, USA
commentary
: over 25 years MIT has promoted entrepreneur student competitions to become the number 1 job generating paradigm in education
as well as one that mediates capital to invest in next generation's productivity. Not every university has time or facilities
to become an MIT, but every state or region can collaborate in youth's demand to brainstorm job creation - below are
the judges of the simpest format we have seen- it was pioneered at Georgia State - a stone's throw from the HQ of Coca-Cola. It
makes you wonder what's
a more effective way to promote goodwill of a global youth brand- billion dollars spent on olympics advertising spots, or
40 thousand dolars needed to unite 1000 youth across a region in job brainstorming and thus what educators need to change
towards this most joyful process of economic development
Nobel laureate Prof Muhammad Yunus received an honorary doctoral
degree in economics ... Degree on Dr Yunus after a formal oration by Prof Stuart Corbridge,
...
Pictured Left to Right: Chancellor Potts, Dr. Yunus, SIFE Team Presenter ...
Nobel Prize recipient Dr. Muhammad Yunus, who spoke to the approximately 1200 ...
.Nobel
Prize recipient Dr. Muhammad Yunus, who spoke to the approximately 1,200 students attending the event, said that the future
of society depends on the world’s youth and their engagement. “This is your age, this is your time,” Yunus
said. “You are the most powerful generation in the entire history of mankind.” Yunus http://grameeneconomics.com pioneered the concept of microcredit, the extension of very small loans (microloans) to those in poverty designed to spur entrepreneurial activity.
The student competition was based upon another Yunus concept, that social problems
can be solved through business models that provide a minimum profit to the business in order to sustain a project but do not
provide for individuals to personally profit from the enterprise. “One of my goals as chancellor is to reinforce
the value of college to society and individuals,” said USG Chancellor Hank Huckaby. “This competition was an excellent way to showcase the critical thinking and creative talents of students and how
they can take their skills and knowledge and apply to real problems here in Georgia.”
rsvp chris.macrae@yahoo.co.uk if you know of a more exciting one - this one convened oct 2011, connected 1200 youth from 45 colleges all
across the Georgia State System, united all College principals, witnessed and celebrated by competition judges chosen from
a decade long panel of introducing entrepreneur programs to over 100 USA colleges- we are working to make this a states wide
movement but wish to focus only where university principals are happy with the entrepreneurial purpose of celebrating job
creating educational institutes
right
download special issue of journal of new economics celebrating 15 years of Queen Sofia of Spain as chief convener of microcreditsummit - breaking news write up of youth1000 job creation process pages 140, 141
..
Social Business and Microcredit Forum
Hosted
by The University System of Georgia
October 17, 2011
Social Business Plan Competition
Judges
Suhas Apte Vice President – Global Sustainability,
Kimberly Clark Corporation
Thirty two years of professional experience (2 years in Europe, 12 years in Asia-Pacific,
19 years in USA) covering all facets of business management – strategic planning, marketing, finance, product development,
operations, alliances, acquisitions, customer and supply chain management. Experience includes - Leading European Family Care
business ($1.8 billion sales in 18 countries) Managing high growth Developing Emerging Baby & Child Care business ($1.8
billion sales in 30 countries) Developing Asia – Pacific Personal Care business ($750 million sales in 13 countries)
Classic Brand management assignments in USA. Key accomplishments – Developing & executing portfolio road-map for
category-countries to make European business a re-investable business Delivering double digit top & bottom line growth
ahead of the category for Developing & Emerging markets Baby & Child Care business Establishing Huggies® leadership
position & improving Kotex® to strong 2 position in Asia – Pacific region Negotiating tax and training concessions
amounting to US$ 50 million with the Singapore government to establish mega business center for Personal care business Creating
two joint ventures in China Acquiring a US$ 150 million Personal Care business in Taiwan Integrating Kimberly-Clark businesses
with Scott Paper Co. businesses in Asia Developing & building brands and categories in USA. He is a Mechanical Engineer
from India and has an MBA from Univ. of Pennsylvania’s Wharton School of Business.
Daniel Austin Architect, Paypal
Daniel Austin
is Chief Architect at Paypal, where he is focused on large-scale payment systems. In a past life, he’s worked for organizations
such as CERN, NASA, Sun, Yahoo! in pursuit of making the Internet faster and smarter.
Richard Bernhardt President and COO at Silicon Valley Investment
Group and Owner & CEO, Bernhardt Communications Co.
For over twenty-years, Richard has worked with Silicon
Valley firms in leadership, management. Executive, and strategic advisory roles. He has worked directly with management
teams, CEO’s, BOD’s and investing entities to enhance their businesses performance, guide them into new or expanded
markets and focus on plans for funding and strategic alliances. He has assisted them in developing and implementing effective
operational strategy and internal growth management to be effective organizations for organic building, reaching milestones
and liquidity events. Richard is a seasoned corporate communications, public and external relations director and has successes
in both business development and marketing with direct demonstrable bottom line results. Richard has a proven record working
with companies to review their functional, directional and internal operations to assure that they are tuned to provide the
best results as well as for investors to understand the dynamics of deal-flow potential. Richard also is Chairman of Bangla
Hope (http://www.banglahope.org) which serves children and families in need and provides a safe, stable, and learning environment
for children throughout the country of Bangladesh. His specialties include: Marketing & Marketing Communications, Executive
Management and Advising/Consulting, Government and External Affairs, Public Relations and Corporate Communications, Critical
Negotiations & Contracts, and Business Strategy and Development.
Paula Boggs Executive Vice President, General Counsel and
Secretary, Starbucks
In her role as Starbucks evp, general counsel and secretary, Paula Boggs leads the Law
& Corporate Affairs department, advising a wide range of Starbucks partners (employees) on legal and business issues.
Since joining Starbucks in September 2002, she has been passionate about hiring and nurturing partners to grow, develop and
reach their potential. Inquisitive by nature, she believes that by being curious she will learn about those she leads, understand
differences and successfully work through issues that begin as challenges but ultimately result in creating a better solution.
Paula’s
legal career began in 1984 as a United States Army officer assigned to the Pentagon. She also worked as a staff attorney for
the White House before leaving the service in 1988. From 1988 to 1994, Paula served as assistant United States attorney in
the Western District of Washington and was responsible for prosecuting fraud and regulatory crimes before trial and appellate
courts. Paula was a partner at Preston Gates & Ellis in Seattle, one of the premier, full-service law firms in the country.
During her tenure with the firm from 1995 to 1997, Paula was a trial lawyer specializing in corporate civil litigation. Prior
to joining Starbucks, Paula served as Dell Computer Corporation’s Vice President, Legal for Products, Operations and
Information Technology Systems from 1997 to 2002. She also supported the Audit Committee of Dell’s board of directors.
Paula
is an active volunteer in both legal and civic organizations. She serves as Washington State Delegate to the ABA’s House
of Delegates; is on the Johns Hopkins University Board of Trustees; is a member of the KEXP Advisory Council; serves on the
American Red Cross Board of Governors. She is also currently co-chair of Washington State’s Campaign for Equal Justice
(fundraising on behalf of legal services for the poor). Her past activities include serving on the board of Premera Blue Cross,
as Chair. Paula and Starbucks were awarded the Washington State Bar Association’s 2005 “Excellence in Diversity”
Award. She is also the recipient of the ABA 2006 Spirit of Excellence Award and the 2006 Sargent Shriver Award for Equal Justice.
Her awards and recognition include the 2006 Seattle Chapter Urban League Spirit Award, the 2008 National Bar Association Wiley
A. Branton Award for her demonstrated service in the area of civil rights, and being named NASDAQ’s 2009 Top General
Counsel. In 2010 President Obama named Paula to the White House Council for Community Solutions.
Paula received her
bachelor of arts degree in international studies from The Johns Hopkins University, where she was awarded the 2009 Distinguished
Alumnus(a) Award and her juris doctor from the University of California at Berkeley School of Law, where she was named the
“1998 Recent Alumna of the Year” .In her spare time, Paula enjoys running and is a singer and songwriter who in
2010 released her debut CD, “A Buddha State of Mind.”
Philip Bolton President of Agio Press Inc. and Publisher
of GlobalAtlanta
Philip Bolton founded the Agio Press Inc. in 1991 and started publishing a bi-monthly newsletter
titled The Global Business Reporter. In 1995, Philip launched the GlobalAtlanta Web site and email newsletter. Since then,
he has initiated the GlobalGeorgia and GlobalSavannah news services. He and his GlobalAtlanta team have ambitions to continue
their work providing Atlanta with “locally international” news and serving as the city’s premier source
for information on international business. His specialties include Journalism and reporting, conference and event coverage,
all aspects of international business in Atlanta and Georgia, networking among professionals, representing local and overseas
culture and commerce. He was a Correspondent in Paris, France and Editorial Director of the Atlanta Office at Laffert. He
has written articles for Lafferty newsletters including Retail Banker International, Bank Marketing International, Financial
Technology International, Management Consultant International, European Banker, Cards International, the International Accounting
Bulletin, Private Banker International, Bank Financial Management International, Electronic Payments International, etc. He
was educated at the Johns Hopkins School of Advance Studies (SAIS), Bologna, the Johns Hopkins University - Paul H. Nitze
School of Advanced International Studies (SAIS), the Columbia Teachers College Peace Corps Training, Williams College and
Milton Academy. His Honors and Awards include recognition by Georgia Gov. Sonny Perdue as the individual winner of the Governor’s
International Award.
Colin Brady, OBE President and CEO of Pinnacle Partners International,
Inc.
Colin Brady is the President and CEO of Pinnacle Partners International, Inc., a management consultancy
focused on serving the broad needs of small and start-up companies. Prior to founding PPII, Mr. Brady spent 16 years in senior
management and consulting roles for several global executive search firms. Earlier, he was a division president and corporate
officer of Philips Industries, as well as CEO of Portals, Inc, and a board member of the UK parent company. Mr. Brady is the
founder and Chairman-Emeritus of the International Leadership Council, a forum for the leaders of the 35 bilateral international
chambers of commerce in Atlanta. He is a member of the Institute of Directors (IOD) in London, an organization devoted to
promoting good corporate governance. He has lectured and published articles on leadership and global business issues and was
an instructor in the Graduate School of Industrial Administration at Carnegie Mellon University. The New York Times and Business
Week magazine have featured Mr. Brady as a technologically astute businessman. Colin Brady received his Bachelor of Science
degree from Southern Methodist University in Dallas and earned his MBA from California State University at Fresno. Mr. Brady
is one of only a handful of Americans inducted into an Order of Knighthood by Her Majesty Queen Elizabeth II.
Karen Robinson Cope Vice President Out-of-home Media, NanoLumens
Inc.
Karen was the President and CEO of Prime Point Media, one of the largest alternative out of home advertising
companies in the United States that was acquired by a publicly traded company in 2006. Before joining Prime Point, Karen was
chairwoman, President and CEO of Enrev Corporation, a technology company that was sold in 2001. In 2000 she was honored as
the Georgia Technology Woman of the Year and Wireless Weekly named her one of the top 20 Women in the wireless industry. She
is a frequent speaker at both the regional and national level where she has spoken at MIT, Georgia Tech, Harvard and Emory
Universities. She is also a frequent judge, most recently at the Ernest and Young Entrepreneur of the Year.
Ken Cutshaw EVP, General Counsel & Chief Compliance Officer,
Church’s and Texas Chicken
Kenneth A. Cutshaw serves as an Executive Vice President, Chief Legal Officer
and Secretary of the Company. Cutshaw manages the legal affairs of Company and is responsible for global expansion of Church’s
and Texas Chicken. Cutshaw has professional experience in a wide spectrum of work experiences, including entrepreneurial ventures,
management, foreign policy, law, business, government, academic and politics. He was formerly a partner with Holland &
Knight, LLP, one of the larger law firms in the world. In the Restaurant Industry, Cutshaw was co-founder of casual dining
restaurants, Cheers Funeatery, in Tennessee; founding partner of the Red, Hot & Blue restaurant chain and a founder of
Let’s Go Back, LLC, the first franchisee of the Flying Biscuit restaurants in Atlanta. He is active with the International
Franchise Association and the National Restaurant Association. Cutshaw received a Master of Law International degree from
American University (1987): a J.D. business law degree from The University of Tennessee (1978): a B.A. public administration
degree from The University of Tennessee (1975). Cutshaw graduated from the Executive course at India Institute of Management
Ahmedabad and Duke University for Global Leaders Management in 2007.
Grace Fricks Founder, Access capital for Entrepreneurs
Fricks
founded Access to Capital for Entrepreneurs (ACE) in 1997 and began the microlending service in 2000. She currently serves
on the national Appalachian Capital Advisory Committee of the Appalachian Regional Commission (ARC) and is a member of the
Advisory Board for Enterprise to Empower (En2Em), a Georgia Institute of Technology student-led organization. Fricks is a
past member of the board of directors of the national trade association, Association for Enterprise Opportunity (AEO), and
is past treasurer of Georgia Microenterprise Network (GMEN). Fricks, a small business owner for over 15 years, is a former
board member of the National Association of Women Business Owners, Atlanta chapter. Other community work includes former Board
of White County Rotary Club and former Trustee of the Board of North Georgia Technical College. Fricks was the 2005 recipient
of the Founders Award for GMEN. Fricks’ undergraduate is in social work from University of Tennessee at Martin and her
MBA is from the University of Memphis. Grace, her husband Larry and 3 dogs reside in the Appalachian Mountain Range of north
Georgia.
Kazi Huque CEO, Grameen Intel Social Business
Plays
diverse leadership roles in the application and commercialization of information technology. Experienced in software solutions,
finance, strategic visioning and implementation. Specialties include strategic planning, financial controls, company startup,
acquisition integration, recruiting and board of directors activities. Grameen Intel Social Business is a startup company
providing technology solutions in the developing world for healthcare and commerce, with a focus on social impact.
Zeev Klein
Board Member at Digital Wish General
Partner at Landmark Ventures Co-Founder & Director at Doing IT for Good
Zeev Klein is part of the founding team
of Landmark Ventures and responsible for business development, investment banking and venture capital investments working
with a portfolio of early-stage technology companies. Zeev gained experience working in the VC & Strategic Investment
division of Chase Manhattan Bank (now JPMorgan), where he helped analyze and evaluate emerging technology companies. He was
the co-founder of a successful Chicago-based technology services company during the late 1990’s, and has since advised
dozens of enterprise software, network infrastructure and digital media firms on their strategic development, operational
and financial growth strategies. Zeev founded and is actively involved with Landmark’s corporate philanthropy program,
Doing IT for Good, that provides financial and operational grants to deserving technology-related nonprofit organizations
such as Year Up, NPower and Digital Wish. He graduated with a BA in Economics from Northwestern University and received his
MBA from NYU Stern School of Business.
C.N. (Madhu) Madhusudan CEO VectorSpan Inc. and President
of TiE Atlanta
C.N. (Madhu) Madhusudan is an accomplished executive with over 25 years experience in setting
up, acquiring and operating businesses in Europe, India and the United States. His expertise areas include launching new businesses,
turnaround management, outsourcing, strategic investments, and acquisitions. As an early member of the team that built the
NIIT Group in India, he held key roles including setting up NIIT Bangalore operations, turning around NIIT Mumbai (Bombay)
operations, and establishing NIIT HR, IS and Corporate Planning functions. In 1991, he relocated to the United States to build
the first overseas presence of NIIT for its software, training and knowledge process outsourcing businesses. He led several
new venture investment initiatives and acquisitions in the US and Europe. He is the founder and CEO of VectorSpan Inc., an
enterprise focused on enabling companies to plan their growth strategy, engineer inorganic growth and make integration and
cross border transactions successful. He is a TIE mentor and past Chairman of the Board of the Georgia Indo-American Chamber
of Commerce (GIACC). He studied at the St. Josephs College, Bangalore, and the Indian Institute of Management, Ahmedabad.
His professional education includes Business Evaluation at the Harvard Business School.
Andrea T. Mills, MBA, CPA, CCSA® Fiscal Management Associates,
LLC
Andrea T. Mills is the Director of FMA, works with nonprofit organizations, individuals, and foundations
to strengthen fiscal decision-making and improve effectiveness. She assists organizations in developing fiscal management
tools, establishing appropriate fiscal policies and procedures, and advising on strategic decisions. She helps lead FMA’s
training initiatives in New York, Chicago, and across the country for executive directors, fiscal staff and board members
of organizations and foundations. Andrea recently has been a presenter at the City of Chicago’s Department of Family
and Support Services Annual Fiscal Conference, and is a faculty member of Donors Forum of Chicago. Andrea came to FMA with
over 15 years of public accounting experience with nonprofit organizations and start-up venture capital companies through
her association with a regional accounting firm and as a supervisor in the Philadelphia office of Grant Thornton LLP. At FMA,
she was named to partnership as a Director in 2006. In her volunteer work for the New York Chapter of Soroptimist International,
the world’s largest professional women’s service organization, Andrea is a nongovernmental organization representative,
providing reports to organization members on biweekly United Nations briefings that address economic development and human
rights policies. She also serves on the Board of Directors of Unifem/USA, NY Metro Chapter and the Board of the Ireland/US
Council. Andrea holds the Certification in Control Self-Assessment (CCSA®) awarded by The Institute of Internal Auditors
to practitioners who are able to provide guidance on risk, controls and business objectives. She is a member of the American
Institute of CPAs and The Institute of Internal Auditors, and is an adjunct professor at Columbia University’s School
of Continuing Education, where she lectures on accounting issues for nonprofit organizations. Andrea earned an MBA degree
from Drexel University, and graduated magna cum laude with a BBA from Temple University.
Tamela G. Noboa Chief of Strategy and New Business, Discovery Channel Global Education Partnership
Tamela Noboa has worked with DCGEP for 12 of its 14
year history, playing a key role in the strategic growth and direction of the organization, which now reaches over 3 million
people in 16 countries. Noboa has developed and managed partnerships among government, private and non-profit partners, and
directed project implementation in Africa, Latin America and Eastern Europe. As Chief of Strategy and New Business, she leads
the organization’s strategy and program design, and oversees global partnerships to further the organization’s
reach and impact. Discovery Channel Global Education Partnership (DCGEP) is a 501(c)(3) nonprofit organization using the power
of media to transform education and improve lives in the developing world. Established by Discovery Communications in 1997,
DCGEP brings quality educational content – created in collaboration with local communities – equipment, and long-term
teacher training to under-resourced schools and communities around the world. http://www.thepoweroftv.org
Rajan Palaniswamy Chairman & CEO, Virima Technologies
Palaniswamy
“Raj” Rajan co-founded Virima Technologies and serves as the company’s Chairman & CEO. With more than
15 years experience in the technology industry, Rajan has a deep understanding of current technologies and has the ability
to articulate the application of these technologies in various business contexts and models. A highly versatile and proven
entrepreneur, Rajan also founded Vigilar, Inc, a leading network security technology firm; eLaunchpad, LLC, an early stage
venture capital firm/incubator focusing on Internet infrastructure and network security technologies; and Emerald Systems,
a boutique technology consulting firm. During his tenure at Vigilar, he grew annual revenues to $32M from 2000 to 2005, during
the most difficult technology industry climate. Another previous success, financial aggregator VerticalOne was sold to S1
in 1999 in a deal valued at $166 million. Rajan was instrumental in establishing the Atlanta CEO High Tech Council, where
he serves as the Chairman of the Board of Directors, and he co-founded and serves on the Board of Directors of the Atlanta
Chapter of The Indus Entrepreneurs (TIE). Rajan was honored as Georgia Trend’s “40 Under 40” Rising Stars
in 2000. He holds a Bachelor’s degree in Computer Engineering and a Master’s degree in Computer Science from the
Florida Institute of Technology.
Kristin Peterson Co-Founder and Chief Executive Officer of
Inveneo
Kristin Peterson is the Co-Founder and Chief Executive Officer of Inveneo, a non-profit social enterprise
focusing on Information and Communications Technologies (ICTs) in rural areas throughout the developing world. With more than
20 years of business and new market development experience, primarily from the technology and communications industries, Kristin
has been responsible for strategy, partnership and support development since Inveneo’s inception in 2004. She has led
Inveneo’s efforts to deliver education, healthcare, economic development and relief projects in Haiti and in 25 countries
throughout Sub-Saharan Africa and South Asia, touching the lives of over 1,500,000 people with life-impacting ICTs.
Prior
to Inveneo Kristin was VP of Marketing at an enterprise IP services technology start-up, and she founded Velocity Consulting,
an organization that provided go-to-market guidance to a range of networking, wireless and VoIP tech start-ups. Before Velocity,
she was Executive Director, Business Development at GoRemote through IPO. She has also held various roles in international
product management and market development for AT&T. She has a B.S. in Civil Engineering from NMSU and an M.B.A. in International
Marketing from Pepperdine University. Kristin recently awarded the 2011 ITU World Telecommunication and Information Society Award in recognition of her dedication to promoting ICTs as a means of providing a better life for humanity, particularly in rural
communities. In 2007 She was named a CNN Principal Voice in Innovation and Technology. Through Inveneo she has been a featured
speaker on ABC News, at the Clinton Global Initiative and Global Philanthropy Forum annual meetings, and for various UN and
bilateral agencies, advocating on behalf of technology access in developing countries.
Fazlur Rahman, MD. Founding Partner, West Texas Medical group
Fazlur
Rahman, M.D., F.A.C.P. is an oncologist and a founding partner of West Texas Medical group. Dr. Rahman is a seasoned entrepreneur
and is very passionate about social business ideas. He is certified by American Board of Internal Medicine, American Board
of Hematology, and American Board of Medical Oncology. He received his M.B.B.S. (Bachelor of Medicine and Surgery) from Dhaka
Medical College, Dhaka, Bangladesh, and did his internship at St. John’s Hospital, Yonkers, NY. He completed his residency
in Internal Medicine - Long Island Jewish Medical Center - Queens Hospital Center and Baylor College of Medicine, Houston
and a fellowship in Hematology - Baylor College of Medicine, Houston. Dr. Rahman is a Fellow of American College of Physicians,
American Society of Hematology, American Society of Oncology, and American Federation for Clinical Research. He is associated
with San Angelo Community Medical Center and Shannon Medical Center. Dr. Rahman is trustee member of the Austin College and
has published over 50 articles, essays, and columns in medical and non-medical journals and papers, including the New York
Times and Wall Street Journal.
Kanchana Raman President & CEO Avion Systems, Inc. and
TiE Mentor
Kanchana Raman founded Avion Systems in 1996 in Atlanta, Georgia. Avion is a 600 people global company
with offices in North America, South America, Asia. Avion Systems provides comprehensive next-generation broadband communication
networks engineering services in 3G & 4G Cellular Networks. Kanchana has been featured in several magazines including
most recently in the Fortune Magazine. Kanchana was selected to represent three US delegations, one to S. Africa in 2005,
S. America in 2006, London in 2008. Kanchana chairs several board positions, the Georgia Women’s Business Council and
represents Georgia on the National Leadership forum for the Women Business Enterprise National Council (WBENC), the Women’s
Leadership Enterprise (WLE) to name a few. Kanchana is the recipient of the President’s “A Shining Star”
Award from the Georgia Women’s Business Council 2004, Quiet Storm Technology Award at the 2005 Women’s Power Caucus,
National Woman of Color Award for Entrepreneurial Business Woman of the Year 2006 from the CCG group, the “Business
Star” Award in 2007 from Women Business Enterprise National Council. In 2008 Avion Systems was named the recipient of
the NXTSolution Award at the NXTcomm08 Conference, the most significant telecommunications industry gathering in the world.
In 2010, Kanchana has been selected by AT&T to be part of a 30 member AT&T Women Entrepreneurs’ Forum. Kanchana
has a MBA from Emory University.
Sandhya C. Rao Senior Advisor for Private Sector Partnerships
at USAID
Sandhya works in the Bureau for Global Health at the US Agency for International Development. Over
the past 17 years, she has advised governments, NGOs and corporate foundations on the design, management and evaluation of
humanitarian aid programs. Sandhya has devoted much of her career to improving the lives of girls and women around the world,
working with organizations such as Marie Stopes International, Nike Foundation and the International Center for Research on
Women. In her spare time, she advises social entrepreneurs in India and is a reading judge for the William James Foundation
Social Business Plan Competition. Sandhya has lived and worked in over 20 countries and speaks Spanish, Italian and Kannada.
Her specialties include: public health, sustainable development, corporate social responsibility, public-private partnerships,
market-based health and development approaches, program evaluation, research, strategic planning, management consulting, and
business development.
Kenneth Shumard President & CEO, Precision Practice Management,
Inc.
Ken, serves as the Chief Executive Officer and President of Atlanta at Precision Practice Management,
Inc. Mr. Shumard Co-founded Medical Doctor Associates Inc.(MDA) in 1987 and served as its Chief Executive Officer since 1987.
He co-founded MDA. Mr. Shumard also served as Chairman of Medical Doctor Associates Inc. He serves on the Boards of community
and national organizations and is active in his church. He graduated from Lipscomb University with a degree in Accounting
in 1965.
Narayan Sundararajan CTO, Grameen-Intel Social Business,
Intel Corporation
Narayan Sundararajan is the Chief Technology Officer (CTO) of the Grameen Intel Social Business.
He oversees technology and product development as well as strategy for the company with sustainability and social impact as
the key drivers. He is also a core member of the emerging markets healthcare team in the World Ahead Program at Intel. Prior
to this, Narayan has traversed various technical, business and management roles at Intel working in diverse groups such as
the New Business Initiatives (NBI), Digital Health Group (DHeG) and Corporate Technology Group (CTG). Educated at the Indian
Institute of Technology (B.Tech) and Cornell (M.S, PhD), he holds 17 patents issued, with 50 pending and has co-authored a
book titled “Micro fabrication for Micro fluidics” published by Artech Publishers. Narayan is also a freelance
documentary and film-maker.
Eileen Sweeney Senior Director of Motorola Giving and Philanthropic
Relations, Motorola Inc.
Eileen is heading up a $20-30M annual global Giving budget that includes Motorola
Foundation grants and corporate contributions. Her responsibilities include driving corporate strategy for Motorola’s
community relations, participating in Motorola’s corporate social responsibility steering committee, leading employee
volunteerism and disaster relief efforts. Her specialties include Building global corporate philanthropic programs, Launching
corporate employee volunteer programs and creating “Days of Service”, and creating highly focused grants programming,
especially on education themes.
Bob Zukis Global Strategy and Technology Executive
As
a trusted C-suite advisor, Bob Zukis’ objective is to help his clients find their future with technology as their key
enabler. He advised multi-national companies on a range of strategic and operational advice as they have expanded into new
markets globally. His international experience includes fifteen years as an expatriate residing in Tokyo, Hong Kong, Saudi
Arabia and London working with local teams to service a diverse portfolio of multi-national clients. He is a pioneer in helping
foreign firms enter and understand the Chinese and Japanese markets. Also known for his thought leadership, broad functional
experience and skill at building and leading new practices, He has led diverse businesses from inception through substantial
growth curves and realignments. P&L responsibility has included autonomous start-up environments, multi-country practices
and a $125M business unit across his 27 years with PwC. His leadership roles within the firm have included seats on the PwC
Global and Asia Pacific Leadership teams. He currently participates on the Los Angeles Universal Preschool Corporate Council
and Board of Directors IT sub-committee at Children’s Hospital Los Angeles. His specialties include Business and IT
Strategy, SaaS and Cloud Computing, Social Management, Asia Pacific Emerging Markets, Technology Driven Change and Project
Management.
next event in Georgia April 2012
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What Everybody
Needs to Know First About Economics
Economics designs peoples futures but this depends
on what logics are analysed- here are the logics The Economist used in the early 19080s when it discussed how the net gneration
could be the most productive time for youth
A
nation/place cannot sustain growth unless its capital is structured so that family's savings are invested in their next generation's
productivity. Norman Macrae's 1954 book on The London Capital Market provides chapter and verse. Historically it
was timely as London's industrial revolution had planted most of the developed world's laws and financial instruments. Futurewise
this book became a source for Norman's forty years of leadership challenges including 3000 editorials. THese became branded
in the 2 genres of entrepreneurial revolution and future history of the net generation genre which he focused on from 1972.
They script in practical details most of the changes that economists would need to make to historic rules if globalisation
is not to collapse the worldwide financial system of 2010s
Norman framed his
writings on future purposes huan most wanted around the idea that The Net Generation to 2024 would face change on a scale
never previously experienced by our human race. To prevent risks and celebrate job creating opportunities Norman proposed
in his 1984 book (The 2024 Report) that the world should unite around youth's most exciting millennium goal. He explained
why economics would design the most popular futures if the goal was chosen as racing to end poverty everywhere. Reasons
included: its possible, its exciting, it creates jobs post-industrial generation will need to design around collaborative
technology, it can empower youth to joyfully unite cultures as we become borderless (more connected than separated), it aligns
economics principles with nature's exponentially (compounding) rules of evolutionary selection which are community-up and
open.
We are shocked how few people know of the main
findings of the renowned economist Maynard Keynes- increasingly only economics riles the world and the greatest risk to the
future working lives of our children comes from elderly macroeconomists who hire themselves out to the biggest who want to
get bigger.
Historically when faulty systems
of macroeconomists ruined civilisations they fell one by one. But Einstein took Keynes logic further and hypothesised that
the first generation to become more connected than separated by technology would be subject to a final exam. Now if we let
erroneous macroeconomists rule whole continents of nations will collapse.
By 1976 my father (Norman macrae) -probably the last student of economics
mentored by Keynes- was writing at The Economist why the next half century would see the net generation
tested - he called upon the genre of Entrepreneurial Revolution (ER) networkers to sort out the greatest innovation
challenge economics - and so the human race - will ever face .
.
The opportunity of 10 times
more productivity for the net generation (with million times more collaboration technology than man's 1960's race to moon)
.The
THREAT is preventing the threat of collapsing continent-wide
system of value exchange. By 2020 the (exponential track impacting future) sustainanbilyty of every village around the globe
will likely be lost or won
.....
How could we be experiencing record youth unemployent when we are living in a time
of a million times more collaboration tech than a generation ago? According to research by Entrepreneur networks started at
The Economist in 1976, we are 36 years off track in compounding 2 unustainable systems whose follies multiply each other
that caused by non-economic media which also distracts us with glossy images and
soiundbites instead of future realities and integrated cross-cultural and inter-generational understanding - full briefing here
World's biggest maths error compounded by macroeconomists and all global professions
with a ruling monopoly - see below
Discuss: what does everyone need to know about the way economists think and behave. Understand 2 opposite
segments of E : The Unacknowledged Microeconomist and the Fatally Conceited.MacroEconomist
Keynes
- because economics will incresingly rule the world, the greatest danger to the futures of youth is elderly macroeconomists
where fame maks them compete to superpower over peoples
Boulding: ****the
historic significance of capitalism is precisely a society in which exchange has become a more important source of power than
threat**** in his book economics as science
Von hayek- given the fatal conceit in my profession, I really think you shouldn't be doing this - awarding
me a first Nobel Prize in economics
freedom of
speech and everything about the future you want, NOW depends on enough people knowing how to play the value exchange game
- and why that isnt exactly what the game of monopoly teaches - an exchange is where each side says I wants something from you so let's work out what I
can do for you and purposefully improve on this over time through hi-trust communal feedback
debate difference between true capitalism and phoney capitalism
agree on a picture like
that on the right- we have seen cases where one of the 10 coordinates shown felt the system had betrayed their greatest
trust, and so zeroised the organsaition or network (even ones that accountants had been reprorting record profits ahd $100
billion equity
start discussing multi-win models - see our 4 favorites from 36
years of debates with entrepreneuruial revoltionaries
choose say 12 markets whose future
purpose is most vital to sustaining your children - and use media to agree what the greatest human purpose and corresponding
mkilennium goals are that need investing in to fee each market and youth's working lives in serving the most valuable purpose
get those (including all parents?) who save across generations to throw out speculators from banking systems
and capital markets - eg next time there is a bailout (which means taking your childrens money to refinance a bank) wipe out
shareholders; let them set lawyers on old managers and any politicians their pr's lobbied; keep savings accounts safe; restructure
bank so that it invests in youth productivity and sustaining communities not bubbles, and not trapping people in debt
Goodwill explains up to 90% of value impacts of any organsaition in a networked economy- yet no nation
yet requires that organisations it licences to audit goodwii. 20 years of research has proved the following reciprocal relationship
- the purposeful question" who would uniquely miss what if your organsaition did not exist?, has the reciprocal
question why let your organisation contnue to exist if it has broken my life-crtiical trust it promised to serve
.........................................
valuetrue capitalism maps how each side win-win-win from other sides communal purpose over time -this goes
back over 250 years to the criteria of free markets adam smith demanded freedom of speech questioned - he talked
about the transparency of community markets where a rogue trader might fool some of the people but not for long and not for
too big to fail! - the journal of social business edited by adam smith scholars at his alma mater Glasgow University
advises people of any other tongue how to build up from adam's hi-trust ideas to such constructs as sustainable global vilage
networking first mapped by schumacher (another keynes alumni) - we have a library of free articles for you to choose and translate
from
phoney capitalism spins a monopoly, a non-free maket - one side rules by
saying I want to take more and more from all of you- esentially this is what rules when global accountants audit only how
much one side has profited/extracted withouth how much has it sustains other sides- phoney capitalism can only result in exponentai
meltdown becuase so much has been extracetd from system that its unsustainable for human lives or for nature or for both
www.youtube.com/watch?v=qV4Xs1YgwUwSep 23, 2009 - 4 min - Uploaded by microeconomist Mobile Planet's Center of Entrepreneurial
Revolution?by cmacrae280 views ...
Mobile Planet's Center of Entrepreneurial Revolution? globalgrameenisborn
· socialbusinessdecade · yunus69birthdaylondoncreativelabs.avi · yunusyouth...
MORE ABOUT WHERE VALUING NETGEN CAME FROM
- in the 1990s I was working with big 5 accountants;
I argued for a missing audit they needed to do as regularly as their monetisation audit; I called this how goodwill modelling
multiplies value around a gravitational purspoe ewhise gials all sides want to progress over time; it turns out that in knowlege
scetors over 90% of the future is bayesian predicatbale on quality of goodwill relationships-3 yeras before andersen crashed
I usd this model to warn them that if they stoped multiplying conflicts around true and fair they would be zeroised by society-
I didnt succeed in getting my advice to be acted on but at that time unseen wealth publications made by brookings and georgetwon
had just been banned by the incolimng bush adminsitration - who didnt like to be told that without the second aidt risks would
compound unseen- every collapse USA has seen a hand in during 2000s (and viralised to other nations since 2008) can be traced
to this mathenatical error
what can be done about this mess
-debate difference between true cpaitalism and
phoney capitalsim
choose say 12 markets hose future purpose is most vital to sustaining your children - and use
media to aggree what the greatest huan purspose and corresponding mkilennium goals are that need investing in
get
thse who save across generations to throw out speculators from bankiing systems - eg next time there is a bailout (which means
taking your childrens money to refinace a bank) wipe out sharehilers; let them set lawyers on old managers and any politicians
their pr's lobbied; keep savings acconts safe; restructure bank so that it invests in youth productivity and sustaining communities
not bubbles, and trapping people in debt
-if you do this today's millions times more coalbration technology than
a generation ago can make the next decade the most productive time and joyful for youty and everyine to be alive instead
of the most dismal time where natios led by old macroecnomist put youth out of work
DO YOU KNOW...
Q: Original Purpose of Economics? A The Scotland of the 1750s was at the end of a first
generation to have found their country taken over by England's
Empire., So Adam Smith was motivated to start writing
about how to design systems so that peoples could could look forward to their next generation sustaining more productive lives
than they had had ... 7 quarters later keynes general theory issued humanity's greatest challenge- economics as a systems
science had reached the state that only economics rules the world ... more
Q: What do the man-made systems that rule the world look like? A Purposeful
value exchanges composed round 5 main flows of how productively peoples lives are used and 5 main demands human beings
make as co-workers, customers, owners, stewards of the globe, stewards of society at the village level - more
Q: Why can't human race in 21st C be sustained with choice of economics made by 20th C biggest
banks and govs etc? A Long Story: ER alumni are in their 37th year of offering debating scripts eg1 on wht some industrial age systems after world war 2 were designed to be too big to exist as the
first net generation became more connected than separated by geographical borders ... What is known is that 2010s is most
exciting decade to be an entrpreneur because our impacts define what will be possible for all our childrens' children more
World Class Brands are in 25th year (as a subnetwork of Norman Macrae's Entrepreneurial Revolution)
of helping sustain the most purposeful organsiations or markets in the world. Core to any charter of purpose is a quiz
revolving round this question- who would uniquely miss what if this didn't exist?.
From this Q&A's list of trust-flows, economics maps how to connect producers
and demanders of the exchange in multi-win models of purpose. Henceforth, potential conflicts with this goodwill
model are audited and resolved at every cycle so that unique purpose is celebrated to lead the future by
continuously multiplying the most value and trust. This model provides the simplest benchmark around all exponential
impact metrics of sustainability investement can be calculated and the transparency of all multi-win models are webbed
around pro-youth economics. Questions welcomed chris.macrae@yahoo.co.uk washington dc hotline 1 301 881 1655
Microfinance Focus, November 4, 2011: Professor Muhammad Yunus was invited to deliver
a key note speech during the G20 Young Entrepreneurs Summit held in Nice, France. Professor Yunus addressed an audience of
more than 400 entrepreneurs from all G20 countries. In his speech, he shared his personal entrepreneurship experiences, his
faith in young entrepreneurs to be the pillars of society and the need to include poor countries in the discussion process
in making global decisions.
Professor Yunus being an entrepreneur himself started off creating the Grameen Bank that
provides microfinance services to the poor who had little access to financial provisions. From that, he ventured into a wide
number of social businesses such as Grameen Nursing College, Grameen Eyecare Hospitals, Grameen Shakti, etc.
He has
always considered young entrepreneurs to be the most effective solution for the future. He said “In my opinion, G20
YES is a fabulous initiative, gathering so much energy and momentum from all over the world. Because of their creativity and
leadership, provided that they commit to share the value they create, these 400 young entrepreneurs in this room can change
the world.”
Professor Yunus is also a member of the Millennium Development Goals (MDGs) Advocacy Group, advising
the Secretary General of the United Nations. Hence, he believes that the next generation of youths should be handed over the
process of the MDGs as soon as possible. He believes that entrepreneurs will have a key role to play in fulfilling the MDGs,
if they are committed to the social value created by their companies, and social business can be part of the solutions.
In
his speech, he added that the G20 needed to broaden its scope to deal with the current world crisis. It can no longer remain
a political forum with economic agendas. The G20 needs to create a social agenda as well. Professor Yunus proposes that ‘social
business’ should be brought to the agenda of G20, as one of the concrete and effective solutions to be considered for
immediate implementation so as to guide capitalistic investment towards social value and jobs creation, rather than sheer
profit maximization strategies. A social business is a cause-driven business where profits stay within the company for its
sustainability.
Lastly, Professor Yunus concluded that the G20 should be expanded into the G25, where poor countries
from each continent should be included in the global agenda which they are part of. He added that “Their problems are
inter-related with others, and their proposals of solutions should be considered by the most economically advanced countries
in making global decisions. A G25 would be a big step toward ensuring that global social issues are raised, and MDGs implementation
is fully shared on the global agenda. And finally, because fighting poverty together is the only way to bring long lasting
peace in this world.”
inquiries chris macrae info @worldcitizen.tv us tel 301 881 1655 ; us office 5801 nicholson lane
suite 404, North Bethesda, MD 20852 USA - skype chrismacraedc
Mapping is a process of discovery. Crucially maps are only as usable as updating correctness of bottom
up information. Think of your own use of a map. You look for the "you are here arrow". You want to be directed to
somewhere/someone you dont know how to get to; you want your return vist to be safe as well as a value multiplying win-win.
Does anyone remember the simplest findings of einstein and jon von neumann. Einstein proved
that to innovate more value you need to go more micro in what you model; von neumann showed that there is more value to be
networked by interfacing safe flows across systems instead of ruling over separation of boundaries. There isnt a single
global metrics profession that gets these mathematical -and natural - principles right. Unless we change this global
markets will cycle through ever greater collapse and more and more communities will lose sustainability. Mapmaking is that
critical an idea to what the net genration will achieve in 2010s; but its also one that children from primary age up can action
learn. Its simple. Its just that it works the other way round from top-down people's fatal conceit.
It explores how to make the invisible principles and practices of real wealth creation
visible, and therefore useable. Our planet needs case studies underline the search for new win-wins that build ‘system
integrity’ Trust-flow is the unseen wealth to invest sustainability in. Tranpsarently mapped it develops
a goodwill gravity tyhat invites with roleplayer in a community to multiply goodwill while sustaining their own cashflow..
Trust is not some vague, mushy, abstract warm-hearted sentiment. It is an economic powerhouse – probably just as economically
and socially important as oil. The point is, there are specific things you need to do to get trust flowing, just as
there are specific things you need to do to get oil flowing. And like oil trust has a dark side. Right now, the world is awash
with the carbon emissions which threaten the stability and sustainability of its ecosystems. Right now, the world is also
awash with the ‘carbon emission’ of trust – mistrust. Indeed it may well be that our ability to tackle the
one issue – the threat of environmental catastrophe – depends on our ability to tackle the other issue: how to
generate, deepen, extend and sustain trust.>br>But what is the best way of doing this? One thing is for sure. You don’t
build and sustain trust via some sentimental exercise of goodwill to all and sundry. There are three very simple principles
at the heart of effective trust generation. First, trust is generated via win-win relationships. It’s virtually
impossible to generate or sustain trust without mutual benefit for those involved. But beneficial outcomes are not enough
in themselves. For trust to be built and sustained, both sides need to signal a demonstrable commitment to finding win-win
ways forward. Such a commitment may require real changes to what we say and do. Second, real ‘win-wins’
are hardly ever purely financial or material. You don’t build trust simply by walking away with more cash in your pocket.
Trust works at all the dimensions and levels of human exchange. Yes, it’s about financial and material rewards. But
it’s also about purpose (what people want to achieve). It’s about politics with a small ‘p’: the use
and abuse of power, the crafting and application of rules of fair play. And it’s about emotions: the sometimes overwhelmingly
strong emotions, both positive and negative, that are generated when people deal with other peopleWhat’s constitutes
a ‘win’ – a sense of real improvement – is therefore highly specific. It depends absolutely on the
details of who the parties are, what they are trying to achieve, in what context. Building trus, therefore involves discovering
these specifics. Just as oil doesn’t flow out of the ground, get refined and pump its way into motor vehicles automatically
and without effort, so identifying and doing what is necessary to get trust flowing requires dedicated, skilled effort. It
requires a disciplined, structured process, not a vague sentiment.
3) Third, even if we do steps 1) and 2) there’s
still a good chance it won’t succeed. Why? Because it ignores an invisible third factor. In the real world, purely two
way bilateral relationships don’t exist. There is always a third party whose interests or outcomes are affected by what
the other two parties do but who is not a party to the contract. The environment is a case in point. Producers and consumers
may both benefit from buying and selling to each other – but what happens if, in doing so, they destroy the environment
they both depend on?
This raises a hugely important question. When two parties pursue win-wins and build mutual
trust, are they doing so in a way which creates a win and builds trust for the third party at the same time? Or are they simply
pushing the problems – and the mistrust – further down the line on to this third party? Building vigorous, healthy
networks of trust is a different kettle of fish to ‘you scratch my back and I’ll scratch yours’
win-win conspiracies. It requires a Map of all the key relationships plus careful consideration of knock-on consequences.
It requires a different perspective.
These three simple, basic steps do not happen automatically. They need to
be worked at. The territory needs to be deliberately Mapped and explored. What’s more, there are obstacles in our way
– mental and practical obstacles that need to be cleared. Prevailing economic theories about ‘rational economic
man’ for example, deny the need to commit to win-win outcomes. Instead, they promote supposedly ‘rational’
(i.e. narrowly selfish behaviours) which actively undermine trust The same theories insist that the only valid measure of
human benefit is money, thereby excluding from consideration many of the biggest opportunities for improvement. Meanwhile
many vested interests do not want to extend the circle of trust to third parties and complete networks because their positions
of power depend on their ability to take advantage of the weaknesses of these third parties. That’s another job for
Mapping: helping to identify and mount such obstacles. The potential benefits of doing so are unthinkably huge. They
start with a simple negative: the relief that comes from when you stop banging your head against a brick wall. Mistrust breeds
wasteful, wealth destroying conflict that tends to feed on itself. Anger and hatred engender anger and hatred. Simply easing
or stopping the terrible waste of mistrust would transform prospects for many millions of people. We desperately need to find
ways of doing this. Then there are the positive benefits. Understanding the real nature of human wealth – all those
dimensions of purpose, ‘politics’ and emotion as well as money and material comfort – means we can start
being human again; human in the way we think, and act. What’s more, many of these intangible benefits won’t cost
a penny. They’re there for the taking, if only we puts our minds to it. But there’s more, because trust is
also an economic superpower in its own right. In the pages that follow we will show conclusively that material and financial
riches are also dependent on trust. In fact, we will argue the case for going one step further. We will say that material
and financial riches are a by-product of trust: the visible fruits of invisible, intangible human exchange. Once you understand
that sustainable cash flows are a by-product of sustainable trust flows, your understanding of what makes a successful business
is transformed. Separately, each of these three fruits – reducing the waste of conflict, unleashing the potential
intrinsic benefits of human exchange, and energising the sustainable creation of material wealth – are massive in their
own right. Put them together and they represent a vast new continent of opportunity. As we said, this book is addressed
to entrepreneurs and system innovation revolutionaries. Wherever you happen to be, whatever the change you want to make
is, the principles explored in this book apply. The wish to change and the will to change are not the same as being able to
change successfully. For that you need to understand your territory. You will need new Maps
.
0.1 Has
a continental or worldwide search solutions on job creation that can be replicated across communities been organised before
this EU launch of Nov 2011?
While alumni of entrepreneurial economics have always valued job creation searches- we know
of no clear evidence that this has been top of mind in the way that continental-wide government has operated since 1984 even
though it was scripted by The Economist's Unacknowledged Giant as the number 1 question the first net generation would need
to mediate if sustainable futures and humanity's most needed millennium goals are to be served
what's different about nov 2011 is 4 top directorates of the EU have nailed their future reputation to this search
-more
Tom Ashbrook: You're
talking about, writing about the end of the EU, the end of the common currency.
Paul Krugman: it's
unthinkable except that continuing down the current path is unthinkable. Spain is actually the epicenter. The Spanish government
did nothing wrong. Spain was running a budget surplus before the crisis. It had low levels of debt. But it had a monstrous
housing bubble, as did a lot of places, largely financed by the way by German banks which were lending to Spanish banks, which
then lent on. And when the housing bubble burst you were left with a severe, extremely severe recession, and so the answer
has been government austerity which just makes the slump deeper.
The alternatives to a breakup of
the euro have to be Europe-wide solutions. And so the solution, if there is one, involves accepting a higher rate of inflation
for Europe as a whole and that particularly means higher inflation in Germany. --Paul Krugman
What
are Spain's alternatives here? Well, if they still had their currency, their own currency, the answer would be devalue, let
the peseta drop, Spanish exports would become a lot more competitive, they'd be well on their way to recovery. They don't
have their own currency, so people are saying: Well, you have to do all this stuff to stay within the Euro. At some point
you say: Well, you know if your answer to our problem is just ever more suffering, ever more you know... 25 percent, 50 percent
youth unemployment. If that's your notion of a solution, then maybe although it would be a very terrible thing to have the
Euro breakup, maybe that's better than what we're doing. So that's becoming a real possibility now.
The alternatives
to a breakup of the euro have to be Europe-wide solutions. And so the solution, if there is one, involves accepting a higher
rate of inflation for Europe as a whole and that particularly means higher inflation in Germany. Talk to the Germans about
this and of course they go crazy, but you have to say to them: What is your answer? What you're doing right now is just a
path to the collapse of the euro with enormous damage and radicalization and a lot of things that you don't want to see happen
in Europe happening.
TA: If the Germans can't take their foot off the brakes, they're just intrinsically
and against history and everything else, Weimar, if they can't do it, what happens?
PK: Then Europe
breaks up and... No, I mean I think it's that stark. It really is, it really is that extreme because you know it's one of
those things, you can't be saying that, but then you say: Well, let's talk this through. You know, let's as it said in the
original edition of the Godfather - Let us reason together. Right? What are the ways that this can work out? And the current
path is not one that can work out.
It's like an irresistible force hitting an immovable object. On the one hand it's
unthinkable that they'll allow the euro to fail because the euro is a terribly important thing, it's not terribly important
economically, it would have been better off if they'd, if they had never done it, but now that it has been done, for it to
fail is a defeat for the European project, the whole project of bringing peace, democracy, integration to a continent with
a terrible history. So it's unthinkable that they'll allow it to fail, but it's also unthinkable that the Germans will accept
moderate inflation which is the only solution any of us have been able to come up with. So one of two impossible things is
going to happen. Your bet.
.
...
obamauni@obamauni bon mots hillary zero sum thinking leads to negative sum results http://www.erworld.tv/id347.html
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