tools, none se…ry and Adam Hall has shared it with social entrepreneurs supported by UnLtd with whom it resonated. Adam has observed that there are 140 impact measurement tools, none seem as useful as Principles-Focused Evaluation does for social entrepreneurs.
…l day, as we headed off to Stradbroke Island, which is where one of the teams’ projects is centred. The content of the day was all about systems, transitions and futures, and we tried to make the most of the natural environment around us to imbue more meaning and understanding in to the sessions — especially referring to how everything is interdependent in large, messy human organisations as much as it is in ecological systems.
affecting systems change …y, policy, finance, skills, business models, citizens, and production systems — and recognizes that the most promising way of affecting systems change is through the creation of a portfolio of deliberate and connected innovation experiments. It also embraces the self-transforming properties of adaptive systems and tries to use these for its purpose.
Transformation Capital acknowledges that societies, politics, and economies are complex adaptive systems. It understands that these systems are self-organizing, have built-in feedback loops, and behave in …
ction and within the time left to prevent dangerous climate change. This means that Transformation Capital must identify an…ard new steady-state orthodoxies such as patient capital and triple-bottom-line investing. Instead, Transformation Capital seeks to instigate and catalyze transformative change of socio-technical (sub-)systems in a specific direction and within the time left to prevent dangerous climate change. This means that Transformation Capital must identify and engage Sensitive Intervention Points (SIPs…
These paradigms combine to create a culture of short-termism, siloed thinking, and self-referentiality. The goals, structures, and behaviors that emerge from this culture severely constrain traditional capital markets from playing a productive role in starting or accelerating whole systems transformation.
erministic nature …ipations into an investment thesis that serves as a decision-making framework for selecting assets. The deterministic nature of this approach creates lock-in effects, as investors are biased (or even contractually bound) to stick with their original investment thesis and typically have little capacity to adapt if the world changes in unpredictable and non-linear ways.
Value is defined exclusively in monetary terms. Capital markets can only operate under a money-in/money-out logic, unable to engage other things society values such political stability, social equality, ecological sustainability, and the persistence of the principal orthodoxies that guide economies.
Traditional investors are currently ill-equipped to fuel such systems transformations. This is also true for those investors specifically tasked with enabling sustainability pathways, such as multilateral institutions, ESG investors and impact investors. The reason is that the axioms, mathematics, and structures of today’s financial industry nurture a set of paradigms that sit at odds with the nature of transformations. We therefore need a new type of investment logic, deployed with a different intent and mindset and using different methodologies, structures, capabilities, and decision-making frameworks: Transformation Capital.
…eir surrounding community. It includes a learning / social lab for guided practice and application. This is desirable because it engages with people who are in lasting relationship aligned to a common cause, and the applied learning can engage with their real work. But it is rare to find such an opportunity, and takes a long to make it happen. As a small business…