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World Benefit Think Tank and Regionally Focused Incubation Centers

It's a magical world ... let's go exploring. A dedicated team with the mandate to generate innovative improvements focused on world benefit that are then developed and realised in an incubation center.

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14 20

Written by DeletedUser

Following the framework already established to develop technical innovations, political platforms and countless start-up business, I would like to work through the idea of creating a joint Think Tank and Incubation Center for World Improving Innovations.

 

The think tank would be a small collaborative team that identifies what the greatest positive improvements could be made, that would maximize the social benefit. The best projects & opportunities would then be nurtured and supported in a similar way new technologies are cared for in an incubation center. As the project grows to develop its own momentum, it can then be spun off and expanded into other regions and businesses.

 

A few of the criteria I would like to see the center are:

a) Ensuring that each center is small and localised to ensure the solutions are regional/culturally specific.

b) That the centers are networked with governments, companies, charities and influential individuals, so larger problems can be combated using an appropriate scale of force.

c) The incubation center would create a project plan that ensure everyone across the value web comes out. This is critical to ensure support from investors, governments, communities, and all stakeholders.

d) Successful projects that provide a positive return on their investment (for example by reducing the environmental liability of a chemical near a water way) would be capable of funding future projects.

 

I have thought about a few of the details; however the primary challenges I am looking to overcome with this concept are:

a) Should the center be affiliated with a government or a large company striving for social benefit or would a stand-alone organisation have more flexibility?

b) How the center would be funded to insure its intentions and projects are not being politically influenced?

c) What would be the criteria for determining "social or world benefit" or the ranking system used to evaluate which problems should be initially solved?

 

Building on a few of the concepts already launched, I could see this concept being injected into a university or corporation under the leadership of a CCO (Chief Caring Officer) and using intellectual capital from soon-to-be-retired leaders to help launch and mentor the initiatives.

What will it take to scale your concept so that its reach is global and widespread?

Having the small centers adressing local problems and networked to similiar centers around the world, would ensure that a blanket solution wasn't pushed onto communities to solve a problem, but would also reduce or eliminate the duplication of problem solving if a regional solution can be applied elsewhere.

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DeletedUser

Kevin,
This is a really interesting idea. Your point around the collaborative think tank and how that would in fact materialise to reality is a challenge in its own right. I would see this to start as an on line based collaboration with the mediation and decisions (about which idea is good to follow up on) being run by the recipients ie those with the knowledge of the local community to know what will make a big difference and what will not. Sitting in the secluded 'western World' with only the BBC to determine what is World benefit, is hard and despite enthusiasm we may be wrong. Perhaps a way of considering funding is to start small and prove by example i.e. there are companies/individuals like me who in the FMCG industry are looking to find 'homes' for old stock e.g. at the moment I have some old wi fi routers that work perfectly well but are not the relevent specification for todays UK consumer. Putting me in touch with a local recipient in a developing environment may well solve a social connectivity problem and bring more folks/schools on line for learning. Put a charity in the middle then this project becomes a charitable donation and tax relief pays for the project. Perhaps a long winded way of saying the funding problem on smaller projects can be solved and benefits case used to secure funding on the larger.
At the heart of your idea in the purpose in the challenge that in general we all want to contribute more to the World than the corporate bottom line, so find the right people and this framework to join them together seems like a great plan.

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