“The Solution Revolution: How Business, Government, and Social Enterprises Are Teaming up To Solve Society’ s Toughest Problems,’ (September 17, 2013; Harvard Business Review Press) by Deloitte’ s William Eggers and Paul Macmillan explores how public and private sectors are converging to solve today’ s most urgent social problems.
Healthcare, poverty, transportation and recycling are just a few of the entrenched problems being addressed in new ways by the solution economy. Where tough societal problems persist, new problem solvers are crowd funding, ride-sharing, app-developing or impact-investing to design innovative new solutions. Where societal problems arise, markets are forming around them, and incentives are driving a diverse breed of new social innovators who trade solutions instead of dollars to fill the gap between what governments can provide and what citizens need.
The Solution Revolution details how disruptive technologies like analytics, social media, mobile phones and cloud computing enable the development of new business models and the rapid mobilization of massive resources around big challenges. Combine this with impact currencies, which serve as a means of paying for social impacts, and new exchanges that connect capital of all types to societal problems, and you have a whole new way of solving public problems.
More information about the book can be found at: www.solutionrevolutionbook.com