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

Combining Business with Social Impact Entrepreneurship

NEW BUSINESS MODELS FOR THE 21ST CENTURY

SHAILA RAO MISTRY

Global Summit of Women 2018 – Sydney Australia

Jayco MMI – STEM INSTITUTE

 Innovative ways of doing business in the 21st 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

1.

Internet - information technology

2.

Economic empowerment for women

3.

Infrastructure and capacity building with intent

4.

Shaping public policy and legislation

5.

Humanitarian: legislation against Trafficking

6.

United Women: Beijing Platform of Action, CEDAW

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