with Social Impact Entrepreneurship NEW BUSINESS MODELS FOR THE - PowerPoint PPT Presentation

Global Summit of Women 2018 – Sydney Australia Combining Business with Social Impact Entrepreneurship NEW BUSINESS MODELS FOR THE 21ST CENTURY SHAILA RAO MISTRY

Jayco MMI – STEM INSTITUTE  Innovative ways of doing business in the 21 st century  Strategy – combine resources and expertise from each to create a new model of business that has profound social impact Entrepreneurs can drive social impact

Jayco MMI  Innovates, designs, and manufacturers Human Machine Interfaces for aerospace, medical devices, communications, security, and mobile devices  In business for 27 years  Fortune 500 clients  Global operations

STEM INSTITUTE  Leverages experience from private sector, academia, government, and civil society  We advise organization leaders, influence change, and create growth opportunities through innovative strategic planning  STEM was created to bring transformational change  Global operations

Waves of Transformation Internet - information technology 1. Economic empowerment for women 2. Infrastructure and capacity building with intent 3. Shaping public policy and legislation 4. Humanitarian: legislation against Trafficking 5. United Women: Beijing Platform of Action, CEDAW 6. Action raises awareness, influences perceptions, and transforms social milieu

Why the combined business venture?  My family  The individual is catalyst for change  Private sector and social impact support each other I had a vision of transforming society

Differences in measuring success  Measuring social impact  Differences between business and social impact entrepreneurship  How STEM measures impact  Small business perspective vs. corporate social responsibility Social impact engages millennials

What makes it work?  Small businesses are positioned for social impact  Small businesses are responsive  Global Entrepreneur Summit 2017, Hyderabad, India Business owners recognize a need and find solutions

Advice for entrepreneurs to integrate social impact and business  Prepare to take risks – be a pioneer  Be open to new perspectives  Collaborate with corporations  All generations need to work together  Train for leadership  Join a social impact cause or a CSR organization Pick something close to your heart and join our business model “Be the change you wish to see” – Gandhi

Thank you! Shaila Rao Mistry Jayco MMI STEM INSTITUTE shailam@jaycopanels.com shaila@stem-institute.org