{"id":2864,"date":"2014-03-18T09:41:00","date_gmt":"2014-03-18T09:41:00","guid":{"rendered":"https:\/\/six.stimulatingminds.co.uk\/?p=2864"},"modified":"2022-07-07T11:24:03","modified_gmt":"2022-07-07T11:24:03","slug":"corporate-social-innovation-about-discussion","status":"publish","type":"post","link":"https:\/\/socialinnovationexchange.org\/legacy\/corporate-social-innovation-about-discussion\/","title":{"rendered":"A global discussion on Corporate Social Innovation"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">On March 11, 2014&nbsp;,&nbsp;SIX hosted the Global Dialogue on &#8220;Corporate&nbsp;Social Innovation and the Future of Capitalism<strong>&#8220;.&nbsp;<\/strong>The discussion was convened by SIX, SiG and Cisco, and chaired by Geoff Mulgan (CEO of Nesta) and it&nbsp;brought together people from London, Bogota,&nbsp;Toronto and Vancouver.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The last four decades have seen important evolution in thinking about the role of business. In 1970, Milton Friedman famously wrote in the New York Times that \u201c\u2018business\u2019 as a whole cannot be said to have responsibilities&#8230;\u201d This echoed his earlier writing that \u201csocial responsibility\u201d is a \u201cfundamentally subversive doctrine\u201d. Despite Friedman, the corporate social responsibility (CSR) movement has grown enormously in the intervening years.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Corporate social innovation (CSI) is a term gaining prominence that embraces the shift to integrate&nbsp;environmental, social and governance challenges. In 1999, Rosabeth Moss Kanter employed the phrase in&nbsp;a Harvard Business Review article explaining why corporates needed to shift their attention to new ways to&nbsp;innovate \u201cfundamental solutions to America&#8217;s most urgent domestic problems&#8230;\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Since then the rise of the social innovation movement, generating a clearer and more robust intellectual&nbsp;framework for social innovation, has renewed use of the term corporate social innovation (CSI) to reflect a&nbsp;more profound direction for capitalism than that reflected in CSR. Innovation is engrained in the DNA of&nbsp;business, so how do we make better use of it to affect society more positively?<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">During the Telepresence, we explored these main questions: How is it different from what has gone before? What is required for CSI to build beyond CSR and shared value? What are the challenges and&nbsp;opportunities? How could CSI disrupt the current and unsustainable capitalism to achieve a breakthrough for Triple P&nbsp;capitalism (profit, people, planet)? Is there a role for a network of CSI thought leaders? &nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Several participants suggested that this TelePresence should only be the beginning of the conversation around CSI, and it was&nbsp;agreed that as a first step the discussion will be continued at the&nbsp;SIX Summer School in Vancouver.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On March 11, 2014&nbsp;,&nbsp;SIX hosted the Global Dialogue on &#8220;Corporate&nbsp;Social Innovation and the Future of Capitalism&#8220;.&nbsp;The discussion was convened by SIX, SiG and Cisco, and chaired by Geoff Mulgan (CEO of Nesta) and it&nbsp;brought together people from London, Bogota,&nbsp;Toronto and Vancouver. The last four decades have seen important evolution in thinking about the role of <a href=\"https:\/\/socialinnovationexchange.org\/legacy\/corporate-social-innovation-about-discussion\/\" class=\"more-link\">&#8230;<span class=\"screen-reader-text\">  A global discussion on Corporate Social Innovation<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":6443,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[27],"tags":[33,12],"class_list":["post-2864","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-for-good","tag-finance","tag-six"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>A global discussion on Corporate Social Innovation - SIX | Social Innovation Exchange<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/socialinnovationexchange.org\/legacy\/corporate-social-innovation-about-discussion\/\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/socialinnovationexchange.org\\\/legacy\\\/corporate-social-innovation-about-discussion\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/socialinnovationexchange.org\\\/legacy\\\/corporate-social-innovation-about-discussion\\\/\"},\"author\":{\"name\":\"Anna Proffitt\",\"@id\":\"https:\\\/\\\/socialinnovationexchange.org\\\/legacy\\\/#\\\/schema\\\/person\\\/e1d49628f22499f93a16142826eec696\"},\"headline\":\"A global discussion on Corporate Social Innovation\",\"datePublished\":\"2014-03-18T09:41:00+00:00\",\"dateModified\":\"2022-07-07T11:24:03+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/socialinnovationexchange.org\\\/legacy\\\/corporate-social-innovation-about-discussion\\\/\"},\"wordCount\":355,\"publisher\":{\"@id\":\"https:\\\/\\\/socialinnovationexchange.org\\\/legacy\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/socialinnovationexchange.org\\\/legacy\\\/corporate-social-innovation-about-discussion\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/socialinnovationexchange.org\\\/legacy\\\/wp-content\\\/uploads\\\/2014\\\/03\\\/omar-flores-vLN225oj0ck-unsplash.jpg\",\"keywords\":[\"Finance\",\"SIX\"],\"articleSection\":[\"Business for Good\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/socialinnovationexchange.org\\\/legacy\\\/corporate-social-innovation-about-discussion\\\/\",\"url\":\"https:\\\/\\\/socialinnovationexchange.org\\\/legacy\\\/corporate-social-innovation-about-discussion\\\/\",\"name\":\"A global discussion on Corporate Social Innovation - 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