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How can you foster innovation in philanthropy networks?

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Innovation is essential for philanthropy to address complex social and environmental challenges, create lasting impact, and adapt to changing contexts. However, innovation is not easy to achieve, especially in a sector that is often constrained by limited resources, accountability pressures, and risk aversion. How can you foster innovation in philanthropy networks, where multiple actors collaborate to achieve a common goal? Here are some strategies to consider.

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Astrid Mirkin

General Manager Business Solutions, South Cone @ TikTok I TOP 100 Leaders Merco Argentina I WCD Member

1 Build a culture of learning

One of the key drivers of innovation is learning from diverse perspectives, experiences, and evidence. You can foster a culture of learning in your philanthropy network by creating spaces and mechanisms for knowledge sharing, feedback, and reflection. For example, you can organize regular meetings, workshops, webinars, or online platforms where network members can exchange insights, challenges, and best practices. You can also encourage network members to document and disseminate their learning outcomes, such as reports, case studies, or podcasts. Moreover, you can facilitate learning from external sources, such as experts, peers, beneficiaries, or other networks, by inviting them to join your events, activities, or communications.

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Astrid Mirkin

General Manager Business Solutions, South Cone @ TikTok I TOP 100 Leaders Merco Argentina I WCD Member
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A culture of learning is essential for high-performance teams. Leaders must create an environment where employees feel comfortable taking risks, making mistakes, and reflecting on the process. This can be achieved by modeling the behavior they expect, setting clear goals, and providing opportunities for development. By fostering a culture of continuous learning, organizations can evolve and make better decisions in the future.

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2 Embrace experimentation

Another way to foster innovation in your philanthropy network is to embrace experimentation, which means testing new ideas, approaches, or solutions in a systematic and iterative way. Experimentation can help you generate evidence, validate assumptions, and improve your impact. You can embrace experimentation in your philanthropy network by creating a supportive environment that allows for trial and error, failure and learning, and adaptation and scaling. For example, you can allocate resources, time, and space for network members to design and implement experiments, such as pilots, prototypes, or randomized controlled trials. You can also provide guidance, tools, and feedback for network members to plan, monitor, and evaluate their experiments, such as logic models, indicators, or dashboards.

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Astrid Mirkin

General Manager Business Solutions, South Cone @ TikTok I TOP 100 Leaders Merco Argentina I WCD Member
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Experimentation is the process of testing new ideas, approaches, or solutions in a systematic and iterative way. It is a critical tool for innovation, as it allows us to learn from our successes and failures, and to improve our impact over time. One important way to embrace experimentation in philanthropy networks is to create a supportive environment that allows for trial and error, failure and learning, and adaptation and scaling. This means fostering a culture where network members feel comfortable taking risks, sharing their ideas, and learning from each other.

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3 Leverage diversity

A third strategy to foster innovation in your philanthropy network is to leverage diversity, which means tapping into the different skills, backgrounds, perspectives, and interests of your network members. Diversity can help you generate more creative and inclusive ideas, solutions, and approaches. You can leverage diversity in your philanthropy network by creating opportunities and incentives for network members to collaborate across boundaries, such as sectors, disciplines, geographies, or cultures. For example, you can facilitate cross-sectoral partnerships, multidisciplinary teams, or co-creation processes that involve network members and other stakeholders. You can also recognize and reward network members who demonstrate diversity in their work, such as through awards, grants, or media coverage.

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4 Invest in capacity

A fourth strategy to foster innovation in your philanthropy network is to invest in capacity, which means enhancing the skills, knowledge, tools, and resources of your network members to innovate effectively and efficiently. Capacity can help you overcome the barriers and challenges that often hinder innovation in the philanthropic sector. You can invest in capacity in your philanthropy network by providing access to relevant training, coaching, mentoring, or technical assistance for network members. For example, you can offer courses, workshops, webinars, or online modules on topics such as design thinking, social innovation, impact measurement, or digital transformation. You can also connect network members with mentors, coaches, or experts who can offer guidance, advice, or support.

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5 Align incentives

A final strategy to foster innovation in your philanthropy network is to align incentives, which means ensuring that the goals, expectations, and rewards of your network members are compatible with innovation. Incentives can help you motivate and sustain innovation in your philanthropy network. You can align incentives in your philanthropy network by establishing a clear and shared vision, mission, and strategy for innovation, and communicating them effectively to network members and other stakeholders. For example, you can develop a network charter, manifesto, or roadmap that articulates the network's purpose, values, and objectives for innovation. You can also align incentives by creating a performance management system that measures and recognizes innovation, such as through indicators, benchmarks, or feedback loops.

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6 Here’s what else to consider

This is a space to share examples, stories, or insights that don’t fit into any of the previous sections. What else would you like to add?

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Astrid Mirkin

General Manager Business Solutions, South Cone @ TikTok I TOP 100 Leaders Merco Argentina I WCD Member
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Invest in capacity to foster innovation in your philanthropy network To foster innovation in your philanthropy network, invest in capacity, or the skills, knowledge, tools, and resources your network members need to innovate effectively and efficiently. Here are some benefits of investing in capacity: Overcome barriers: Capacity can help your network members overcome common barriers to innovation, such as lack of time, resources, or expertise. Increase efficiency: By investing in capacity, you can help your network members innovate more efficiently and effectively. Create a culture of innovation: By providing opportunities for network members to learn and grow, you can create a culture of innovation within your network.

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How can you foster innovation in philanthropy networks?

1

2

3

4

5

6

1 Build a culture of learning

2 Embrace experimentation

3 Leverage diversity

4 Invest in capacity

5 Align incentives

6 Here’s what else to consider

Grant Administration

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How can you foster innovation in philanthropy networks?

1

2

3

4

5

6

1 Build a culture of learning

2 Embrace experimentation

3 Leverage diversity

4 Invest in capacity

5 Align incentives

6 Here’s what else to consider

Grant Administration

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