How can you identify social and environmental challenges for innovation?

Garner the right data into consumer behaviors and understanding the micro analytics, most importantly, perhaps more strongly in the social economic, and environmental sectors. Bringing in the right research is the most key aspect as we can understand the impact of these situations even better.

Twenty years ago, nobody was paying attention to international plays outside of a few large players, BRICs was an esoteric term and the world was more insular. However, now Main Street small businesses are impacted by Ukraine, West African politics, international Forex exchange rates, and a myriad of other factors that didn't use to reverberate like they seem to now. It's really raised the bar as to what's required to successfully manage a company in the current market climate no matter what the size of your business is.

Any non-trivial change—be it overall positive such as a technological advance or negative such as a trade war—acts as an ?external enabler’ by creating opportunities for somebody. When you identify change, consider the following aspects to evaluate its potential: (1) how big is its impact (e.g., number of affected people, firms, or regions); (2) how fast do you need to act on it (i.e., does it set in gradually or rapidly); (3) how long will it last (i.e., is it permanent or transitory); (4) how easy is it to act on it (i.e., will there be many competitors); (5) and how does it ?enable‘ (e.g., will there be a surge in demand, a drop in costs, increased legitimacy,…). Check out the ?External Enabler’ framework for more information.

In the quest for innovation, inspiration often strikes not in empty rooms, but in the messy realities of our world. Social and environmental challenges present fertile ground for groundbreaking solutions, but identifying them requires a keen eye and a proactive approach. Scanning the context, the very environment we operate in, becomes the vital first step in this innovation journey. This active context scan is at the heart of identifying challenges ripe for innovation. But context scanning is more than just gathering information. It's about developing empathy and understanding. Remember, a challenge identified is half the battle won. The other half lies in prioritizing the right ones.

Harnessing the power of big data analytics can provide unprecedented insights into healthcare trends and patient behaviors. By integrating advanced data analytics tools, we can gain a deeper understanding of evolving health needs, enabling us to proactively design solutions that address emerging challenges.

The context is driven by people. Many challenges you face will be due to very effective competition. They move quickly. They adapt. You have to be one step ahead of them.

By understanding the cognitive biases and heuristics that influence decision-making, we can develop nudges and incentives that promote healthier choices. Applying behavioral economics can enhance user engagement and drive lasting behavior change, contributing to better health outcomes.

One thing I've found helpful is conducting in-depth interviews and focus groups with key stakeholders, fostering a deeper connection and uncovering nuanced insights beyond surface-level analysis. In my experience, actively involving stakeholders in co-creation sessions has not only enriched the mapping process but also generated innovative solutions rooted in collective intelligence. Utilizing digital platforms and social listening tools has provided real-time feedback, enhancing the accuracy and relevance of stakeholder mapping. Regularly revisiting and updating stakeholder maps has allowed me to stay attuned to evolving dynamics and shifting priorities.

One of the easiest way to gain more clarity in an emerging sector is "spying" into your competitors frameworks. But leveraging on data from stakeholders analysis will assist you in coming up with a potential solution, because you've understood what is their pain point and what they want.

The main targets are people living in both the developing and developed nations faced by social and environmental impacts The impacts are a building block to identifying the challenges that need innovative ideas

Implement human-centered design principles to ensure that the problems addressed align with the actual needs of users and stakeholders. Conduct empathetic research, user interviews, and usability testing to gain profound insights into their experiences.

Defining the problem is a very important step. It is crucial to specifically define a) who is the user b) what is the pain point c) how they are doing it today Do not try to “solve the problem” but focus on specifically defining the problem first. Do it by talking to users, listening to them and understanding what is their pain point.

What do you want to solve? Utilise different ways to understand which question are you solving and what do you need to do to get it. There are different ways to identify it but is one of the most crucial steps.

In entrepreneurship, the third key step involves precisely defining the problem or opportunity for innovation. Tools like problem statements, how might we questions, and value proposition canvases are utilized to articulate the core challenge. Methods such as root cause analysis and five whys delve into underlying causes. This rigorous problem definition guides innovation efforts, ensuring a focused approach that addresses the essential aspects of social and environmental challenges. The process encourages a holistic understanding, laying the foundation for impactful solutions.

Otra herramienta a utilizar es la teoría del cambio tanto para definir el problema, cómo identificar la solución y el impacto que se busca generar

Regularly collecting and analyzing both quantitative and qualitative data has allowed for a comprehensive evaluation of the innovation's societal and environmental contributions. Emphasizing transparency and communication regarding impact metrics has fostered trust and accountability, both internally and with external stakeholders.

Assim olhando no ambiente geral, pude avaliar que investir em games na regi?o nordeste do Brasil era um grande diferencial, atrelado a isso, verificamos que n?o existe no Brasil ainda uma capital gamer, e iniciamos o processo para transformar Jo?o Pessao na Paraíba nesta capital. Ela se encontra entre 4 polos tecnológicos, que hoje exportam horas de servi?os, podendo em breve come?ar a exporta produtos e assim aumentar ainda mais a qualidade de vida das pessoas nestas regi?es.

Use tools like impact hypothesis, theory of change, or logic model to break down the inputs, outputs, outcomes, and impacts of your innovation, along with the assumptions and evidence that back them up. Throw in tools like impact indicators, impact matrix, or impact dashboard to define and keep an eye on the numbers and other important details that show how well your innovation is doing. By looking closely at the impact, you not only prove but also share the true worth and success of your innovation.

I believe using both qualitative and quantitative findings to help in solutions that are being channelled towards innovation.

Los ODS también ofrecen algunas métricas de impacto que pueden servir de guía al momento de plantear nuestra medición de impacto. Por otro lado, es importante identificar como vas a medirlo, ya sea por encuestas, grupos de control, entre otros

In my engineering role, exploring solutions is a dynamic process. I use brainstorming and ideation sessions to generate ideas, often leading to innovative approaches. For instance, in a project to improve water conservation, we brainstormed various techniques, eventually converging on a smart metering solution. Prototyping and iterative testing were key, allowing us to refine our design based on real-world feedback. This approach not only enhances our innovations but also ensures they are practical and meet the actual needs of the community.

Testing out solutions and ideas are one of the perfect ways to prove the success of an industry. Understanding there are no ever lasting solution due to emerging problems, experimenting is a perfect way.

Identifying a solution is only part of the equation. Once a solution is revealed or unveiled, the strategy required to execute the solution is key. The solution requires proper execution to be realized.

There is a need to educate the people about social and environmental challenges and the innovative measures being fostered.

Continuously test your idea until it becomes routine; seek feedback from others consistently, and adapt your idea based on each testing phase. Use the feedback gathered to refine and evolve your concept until it culminates in the final product.

Engaging the ecosystem is not just about connecting; it's about creating synergies where each part amplifies the whole. Visionary companies thrive by fostering collaborations that blend diverse skills and perspectives. This approach is like a well-orchestrated symphony - each player brings a unique tone, yet together, they create a harmony that resonates with innovation and progress. Actively seek partnerships that challenge and complement your capabilities, turning collaborative efforts into a crucible for transformative solutions.

Innovation flourishes within a connected community. Actively engage with industry experts, local communities, and like-minded organizations. Collaboration amplifies the impact of innovation, fostering a collective effort to address social and environmental challenges. By involving diverse voices, we ensure that solutions are not only effective but also resonate with the broader ecosystem, creating a positive ripple effect for sustainable change.

In my view, the most effective approach to engage with your ecosystem is storytelling. It serves as the magnet to draw people toward your products, as everyone appreciates a compelling narrative.

Es fundamental una red de trabajo que permita potenciar la iniciativa. En el caso de Medellìn Colombia tenemos el comité universidad, empresa, estado y sociedad que con su propósito superior de aportar al desarrollo socio económico a través de la ciencia, la tecnología, la innovación y el emprendimiento une diversos actores que buscan ayudar a los potenciales emprendedores o conectar iniciativas

Collaboration with tech firms, digital marketing experts, and e-commerce platforms can provide local businesses with the expertise needed to transition online. Additionally, joining local business associations or chambers of commerce can facilitate shared learning and support amongst businesses facing similar challenges.

??Set goals and break them down into smaller steps. Having clear goals will help you stay focused and motivated. Break your goals down into smaller steps so that they seem less overwhelming. Celebrate each accomplishment you make along the way.

Should start with setting goals followed by work-stream which involves the internal & external stakeholders. Innovation comes with diversification of perspective for which inclusivity plays a major role. Also we should work on data to create a proper reporting & assessment which signifies all the RAID, i.e., Risks-Assumptions-Issues-Dependencies comprises organisations focused on ESG & SDGs practices. Having a sustainable value chain creates a significant impact on any operations & services we provide.

Entrepreneurship 101 ?? - 1. In the world of business ecosystems, it's the little critters that run the show. Ignore them, and suddenly you're in an ecosystem without a pond. 2. Adaptation is the new groove for long-lasting success. Successful entrepreneurs understand the importance of pivoting. 3. Brands are like the superheroes of business—without the cape, but with killer marketing powers. Nail that brand, and you're the Batman of your industry. 4. Pitching? It’s like a movie—you're the director, they're the audience. Whether they’re into cartoons or classic dramas, you've got to serve up the right show! Keep your eyes on the details, pivot like a pro, brand boldly, and pitch with finesse. Here's to crafting your legacy!

Listen to your team! Asking open questions about these challenges is a great start to identifying the problem and understand how it’s impacting your people. Giving people the chance to talk honestly and openly without fear, is how innovation begins.

Live your innovation, it’s the passion of your belief that you can help make life better or easier or healthier that you want to share with everyone that drives it forward and is shared.