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Executives Eggers and Macmillan set out to explain the multitrillion dollar “solution economy,†which is arising as governments partner with the private sector (citizens, businesses, entrepreneurs, and foundations) to address society’s urgent and deep-seated problems locally and worldwide. This new approach replaces the historic government-dominated model for solving entrenched problems in fields including health care, poverty, education, housing, and recycling. The public-private partnerships are possible because of technology and access to funding, collaborating tools for citizens to work together on challenging issues, and corporate awareness that enables its leaders to devote resources to addressing society’s pressing problems. The authors cite many new players in the societal problem-solving arena during the last 10 years, including Acumen, Ashoka, Kiva, and Zipcar. The authors conclude that a brighter future is ours “if we are savvy enough to grasp it.†Loaded with important information for a wide range of library patrons. --Mary Whaley
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Review
“…pulsating with fresh ideas about civic and business and philanthropic engagement…the breadth of examples is impressive and global.” — The Wall Street Journal“Eggers and Macmillan’s work succeeds…as a guide to new opportunities to profit from ‘socially impactful’ activities once thought unprofitable.” — Financial Times“Another good read, The Solution Revolution explores how business, government, philanthropy and social enterprise are converging to solve big problems and create public value...the innovations Eggers and Macmillan outline, and the possibilities they imagine, are fascinating and tantalizing.” — The Washington Post“The Solution Revolution is an excellent primer for anyone interested in joining the ranks of the social sector…Very few authors and researchers have provided such a comprehensive view of the social sector…” — Policy Perspectives (policy-perspectives.org)“This book looks at how business, government, and social enterprises are teaming up to solve society's toughest problems. “It’s the best book out there on mobilising communities to solve wicked problems,” says Peter Williams from audit and consulting firm Deloitte.” — Sydney Morning Herald, Summer Reading List, Tech Knowledge“… a fascinating preview of our economic future, a system where choice, sustainability, and more adaptive ecosystems offer all of us the ability to collaborate towards better solutions.” — USA Book News“… a pick for social issues and business collections alike. Business collections will find this a specific, inspirational guide!” — Midwest Book Review“For a book devoted to seemingly intractable problems, it has a very hopeful message.” — BizEd magazine“A thought-provoking book on how changes have given rise to new issues and challenges and how important it is for society to think beyond self.” — The Star“an energetic study” and saying, “These stories along with substantive advice for individuals and governments alike present a persuasive argument that the future of global change rests squarely in the hands of ordinary citizens.” — Publishers Weekly“… worth reading because it is vital to comprehend how, to an astonishing extent, this convergence is already changing the world.” — Vancouver Sun“If you’re looking for an optimistic read, The Solution Revolution: How Business, Government, and Social Enterprises Are Teaming Up to Solve Society’s Toughest Problems is a perfect choice…This is high-energy, high-level thinking being put into on-the-ground practice to see what comes of it.” — Associations Now (ASAE: American Society of Association Executives)“The Solution Revolution shows how entrepreneurs all over the world are stepping forward to innovate for the public good.” — T+D magazine (American Society for Training & Development)“The Solution Revolution provides a useful and thought-provoking method map, examples, and inspiration for this journey.” — Research-Technology ManagementADVANCE PRAISE for The Solution Revolution:Walter Isaacson, President and CEO, Aspen Institute; author, Steve Jobs—“Citizens and businesses are creating a ‘solution economy’ that blends market forces and altruism to get good things done . . . Watch out. This book may inspire you to join the revolution!”Peter H. Diamandis, Chairman and CEO, XPRIZE Foundation; Chairman, Singularity University; coauthor, Abundance: The Future Is Better Than You Think—“Today the world’s biggest problems are the world’s biggest market opportunities. Want to become a billionaire? Solve a billion-person problem. The Solution Revolution shows you how.”Jennifer Pahlka, Deputy US CTO; founder and Executive Director, Code for America—“The Solution Revolution explores how the intersections of the sectors can unlock the potential we’ll need to face the realities of the twenty-first century.”John Mackey, co-CEO and cofounder, Whole Foods Market; coauthor, Conscious Capitalism: Liberating the Heroic Spirit of Business—“The Solution Revolution is a wise reminder that global problems shouldn’t be left to government alone to solve . . . Read this book and join today’s ‘solution economy.’”The Right Honourable Paul Martin, former Prime Minister of Canada—“With a global population approaching nine billion and governments so indebted that their only answer is to beggar succeeding generations, the current path is clearly unsustainable. Eggers and Macmillan seek a better way.” Geoff Mulgan, CEO, Nesta; author, The Locust and the Bee: Predators and Creators in Capitalism’s Future—“Eggers and Macmillan vividly describe creative solutions that break the boundaries between the public and private sectors and civil society.”Rachel Botsman, coauthor, What’s Mine Is Yours: The Rise of Collaborative Consumption—“Read this book if you want to understand how the ‘solution revolution’ will create a trillion-dollar market for social good by unlocking the value of underutilized resources in ways and on a scale never possible before.”
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Product details
Hardcover: 304 pages
Publisher: Harvard Business Review Press (September 17, 2013)
Language: English
ISBN-10: 1422192199
ISBN-13: 978-1422192191
Product Dimensions:
6.1 x 1 x 9.2 inches
Shipping Weight: 1.1 pounds (View shipping rates and policies)
Average Customer Review:
4.3 out of 5 stars
81 customer reviews
Amazon Best Sellers Rank:
#435,711 in Books (See Top 100 in Books)
The Solution Revolution: How Business, Government, and Social Enterprises Are Teaming Up to Solve Society's Toughest Problems by Williams D. Eggers, Paul Macmillan"The Solution Revolution" is a fantastic book that introduces a new economic paradigm to solve society's problems. Deloitte's William D. Eggers and Paul Macmillan show readers how players from across boundaries (government, business and philanthropists) come together to address tough societal problems. This is an invaluable resource that illustrates the power of collaboration. This enlightening 306-page book includes the following seven chapters: 1. The Wavemakers, 2. Disruptive Technologies, 3. Business Models That Scale, 4. The Currencies, 5. Public-Value Exchanges, 6. The Ecosystems, and 7. Creating Your Own Solution Revolution.Positives:1. A well-researched, well-written book. It's inspirational and engaging.2. Excellent and important topic. Collaboration that leads to the public good.3. Excellent format that includes a great summary at the end of each chapter.4. Countless business cases that clearly show the new economic paradigm in action.5. Even handed, the authors were careful to appear politically neutral.6. Clearly shows the need for this new paradigm, "Society is witnessing a step change in how it deals with its own problems--a shift from a government-dominated model to one in which government is just one player among many."7. The central theme of the book up front. "This is a central idea behind the solution revolution: social impact becomes a form of currency with real value to millions--from foundations to governments to venture philanthropists to individual citizens."8. The six principal features of the solution economy. "* Wavemakers, who solve problems * Disruptive technologies * Business models that scale * Impact currencies * Public-value exchanges * Solution ecosystems"9. The players engaged in delivering societal solutions. "The Bill & Melinda Gates Foundation is the single most influential philanthropic organization in the world."10. Great facts. "Today, private philanthropy to the developing world surpasses the monetary contributions of all governments combined."11. Multirational multinationals, "Partnering with Kamen to expand access to clean water supports Coca-Cola's already far-reaching clean-water initiatives."12. Well-defined useful terms. "Innovators that mix profit making and social missions fall into two broad categories. First are those whose societal mission is front and center, but for which the market is their instrument of change. These innovators are known as social enterprises."13. The underrated purchasing power of the marginalized. "One previously marginalized population capturing significant interest is the world's 4 billion people at the `base of the pyramid.' This group collectively represents $5 trillion in purchasing power."14. The power of "crowdsourcing".15. Great examples throughout the book, "The Recyclebank model instead sidesteps punitive measures altogether in favor of an incentive-based solution. It was a classic case of carrot versus stick--except that Recyclebank bet on the carrot."16. Great examples of business models that surpass current public service approaches. "Two Haitian social entrepreneurs, Jean-Ronel Noel and Alex Georges, for example, learned integrated circuit engineering from MIT's OpenCourseWare and subsequently used the knowledge to erect more than five hundred solar street lamps in Haiti's poorest communities."17. How the solution economy is being reshaped by a new definition of currencies.18. New platforms that match capital to societal needs. "After returning to Australia, Goldbloom taught himself to write code and launched Kaggle, kick-starting a global exchange of algorithms. Kaggle organizes competitions according to specific data problems, with the most accurate predictive model winning."19. A great example on affordable housing.20. A guide on how to change the world.21. Links and great supporting material.Negatives:1. The book is so focused on providing positive information that it misses an opportunity to address a lot of the problems or special challenges (there is one example dealing with the special challenges facing entrepreneurs but they are few and far between).2. No formal bibliography.In summary, I really enjoyed this book. It provides valuable information on how collaboration between government, business and philanthropists lead to solving society's toughest problems. It's engaging, well written and illustrates clearly the value these movements have to the better public. I can provide unlimited praise, I highly recommend it!Further recommendations: "Platform: Get Noticed ina Noisy World" by Michael Hyatt, "Collaborate or Perish!: Reaching Across Boundaries in a Networked World" by William Bratton and Zachary Tumin, "Outliers: The Story of Success" and "The Tipping Point: How Little Things Can Make a Big Difference" by Malcolm Gladwell, "Just Start: Take Action, Embrace Uncertainty, Create the Future" by Leonard A. Schlesinger, "The Hidden Agenda: A Proven Way to Win Business and Create a Following" by Kevin Allen, "The ONE Thing" by Gary Keller, "Switch: How to Change Things When Change Is Hard" by Chip and Dan Heath, "Get Lucky: How to Put Planned Serendipity to Work for You and Your Business" by Thor Muller and Lane Becker "inGenius" by Tina Seelig, "Work with Me" by Barbara Annis and John Gray, "Power: Why Some People Have It and Others Don't" by Jeffrey Pfeffer, "The Power of Habit: Why We Do What We Do in Life and Business" by Charles Duhigg, "Rebounders: How Winners Pivot from Setback to Success" by Rick Newman, and "Drive: The Surprising Truth About What Motivates Us" by Daniel H. Pink.
I work on the Board for Not For Sale, an anti-trafficking organization that believes and acts upon a solution based approach that is found in this book. The authors show that there is a different approach to major issues in the world than the typical "Silo" approach. This book is so full of resources, ones that have worked, ones that have not worked and ones where the jury is still out. This book will show you that traditional approaches are not working and that a new collaboration, partnership and thinking outside of the box is required to address our communities, nations and global issues these days. This book is a book full of resources that I am already using over and over again.So if you are wanting to make an impact in an area or connect with new partners to focus on the common good, this is a book that will show you what that looks like.
Eggers and Macmillan have done us a big favour by collecting a compelling compendium of ideas and practical examples of an important phenomenon - what I would call, following Lisbeth Schorr, the "public purpose" sector. This is something that has been developing for some time as governments find themselves stretched in terms of money, ideas and expertise as they confront complex risks and opportunities in a world full of turbulent change. As a result we've been witnessing for a while now various experiments in new combinations of public, private and civil society assets to tackle the big problems we want to solve.What the Solution Economy suggests is that we've reached something of a tipping point in this process. That has two important consequences. One is that the scale, speed and variety of the experiments are all growing as public and private entrepreneurs and social innovators are becoming more confident as they try new ideas and engage a creative cycle that quickly tests ideas to find the ones that work and which can scale.The second consequence is that the public sector itself, as a key institution of policy and governance, is changing shape. Under the relentless pressure of wicked problems, reducing resources and big social, economic and technology changes the work and contours of the formal public sector are changing, sometimes dramatically. New cross boundary collaborations are fueling new solutions and, at the same time, creating new markets for innovation. How define 'public' problems (and opportunities), as well as the instincts and practices we draw on to deal with them, are all changing. In that sense, what is in and out of the public sector is changing and the lines between sectors and different types of player are blurring.But perhaps the most important insight of the book is that the real significance of the solution economy is not that it is new and cool and clever or that it has become a distinct economy in its own right, but rather that its sole measure of performance is the results these new approaches achieve. In the solutions economy, what matters in the end is whether the new ideas and clever new approaches actually work. And if they don't, the instinct that drives the solutions economy follows the advice from Franklin Roosevelt, who reminded us that "it is common sense to take a method and try it. If it fails, admit it frankly and try another. But above all, try something."This is an important, timely and at times provocative book about the way we will need increasingly to set about the big tasks of the rapidly changing world in which we find ourselves.
The book describes a lot of examples about a new way of doing business where purpose-driven entities create value to every stakeholder involved through market mechanisms
I loved this book. With all the news of war, crime and tragedy, it's easy to forget that there are individuals and organizations out there that are innovating, creating and taking risks to make the world a better place. I was lucky to get an early copy and finished it feeling very optimistic about the future. Since reading the book, I've been thinking differently about CSR and how companies can use their assets and intellectual capital to find solutions to societal problems. I have since purchased several more copies to give as gifts to friends and colleagues.
These days real life examples of solutions that work are few and far between, but this book offers many examples of creative approaches that address real world problems in a practical way.
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