Social Innovation and collaboration as a forces for good

July 25, 2016

Social Innovation and collaboration are proving to be effective forces for good. When used together, they have the power to change the world for the better.

We are currently sitting in one of the most defining moments in time. Global resource depletion is happening at an alarming rate and is posing a major threat to businesses. According to the 2015 Global Risks Report, dwindling water resources and failure to adapt to climate change are beginning to pose serious risks for businesses and those risks will only continue to increase indefinitely.

The only way out of this disastrous scenario is to innovate new ways to do business. This will require creativity as well as an understanding of the role in which businesses play within the system they are functioning. Businesses don’t operate in vacuums; instead they are part of a larger system and rely on a plethora of resources and other players both upstream and downstream. So, businesses increasingly need to engage other critical actors in their system to strategize on how to best mitigate these risks.

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In a Leverage Lab survey of over one hundred businesses all over North America, the overwhelming majority felt there were systemic barriers outside of their control that kept them from being greener. Some quoted that municipal land use regulations made it difficult for them to compost outside their office. Others felt there was too much of a cost barrier. Regardless of the specific reason, all pointed to something bigger than themselves, and felt they could not have an impact alone.

The challenges that face today’s society are systemic and require the coordinated and collaborative efforts of many.

The Leverage Lab aims to help with this process, through the facilitation of cross-sector cooperation.

By getting stakeholders with common challenges and common goals in a room together and facilitating meaningful, purpose-driven dialogue, the Leverage Lab removes the barriers of a siloed approach to problem solving and helps organizations get more done, faster.

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