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Social Value Investing offers practical insights for any private sector CEO, public sector administrator, or nonprofit or foundation manager hoping to build successful collaborations. It lays out a five-point framework inspired by value investing - one of history's most successful investment paradigms - which can be applied to a wide range of programs and activities. The book tells the compelling stories of cross-sector partnerships from around the world, including ones that transformed Central Park and urban spaces in New York City, provided community-led economic development in Afghanistan, and improved public service delivery in cities across Brazil. Drawing on lessons and observations developed from a broad selection of partnership examples, Buffett and Eimicke create a blueprint for designing and managing effective, sustainable collaborations. Social Value Investing also provides readers access to original, academic case studies as well as professionally produced video documentaries for every major partnership profiled - bringing to life the people and stories in a way that few other business or management books have done.
List of contents
A Message of Optimism, by Warren E. Buffett
Introduction, by Howard W. Buffett and William B. Eimicke
1. The Evolution of Cross-Sector Partnerships, by Howard W. Buffett and William B. Eimicke
2. Social Value Investing: A Personal Narrative, by Howard W. Buffett
Process
3. The Process Case: The Digital Revolution and Telemedicine in India, by William B. Eimicke
4. The Process Framework: Effective Partnerships Across All Sectors, by Howard W. Buffett
People
5. The People Case: Improving Big City Life Through Urban Parks, by William B. Eimicke
6. The People Framework: Leadership for Successful Partnerships, by Howard W. Buffett
Place
7. The Place Case: Economic Stability in Afghanistan, by Howard W. Buffett
8. The Place Framework: Collaborative and Inclusive Partnership Planning, by Howard W. Buffett
Portfolio
9. The Portfolio Case: Increasing Government Effectiveness and Accountability in Brazil, by William B. Eimicke
10. The Portfolio Framework: Blending Capital for Social Good, by Howard W. Buffett
Performance
11. The Performance Case: Using Big Data to Improve City Services—FDNY and Beyond, by William B. Eimicke
12. The Performance Framework: Predicting the Social Value of a Partnership, by Howard W. Buffett
The Risks and Promises of Partnerships
13. The Cautionary Case: The Risks of Large-Scale Partnerships and the Rio Olympics, by William B. Eimicke
Conclusion: Partnering for a Better Tomorrow, by William B. Eimicke and Howard W. Buffett
Acknowledgments
Notes
Index
About the author
William B. Eimicke is Professor of Practice in International and Public Affairs and the founding director of the Picker Center for Executive Education of Columbia University's School of International and Public Affairs. He
has published several books including Social Value Investing: A Management Framework for Effective Partnerships (Columbia University Press, 2018)
Summary
Social Value Investing presents a new way to approach some of society’s most difficult and intractable challenges. Although many of our world’s problems may seem too great and too complex to solve — inequality, climate change, affordable housing, corruption, healthcare, food insecurity — solutions to these challenges do exist, and will be found through new partnerships bringing together leaders from the public, private, and philanthropic sectors.
In their new book, Howard W. Buffett and William B. Eimicke present a five-point management framework for developing and measuring the success of such partnerships. Inspired by value investing — one of history’s most successful investment paradigms — this framework provides tools to maximize collaborative efficiency and positive social impact, so that major public programs can deliver innovative, inclusive, and long-lasting solutions. It also offers practical insights for any private sector CEO, public sector administrator, or nonprofit manager hoping to build successful cross-sector collaborations.
Social Value Investing tells the compelling stories of cross-sector partnerships from around the world — Central Park and the High Line in New York City, community-led economic development in Afghanistan, and improved public services in cities across Brazil. Drawing on lessons and observations from a broad selections of collaborations, this book combines real life stories with detailed analysis, resulting in a blueprint for effective, sustainable partnerships that serve the public interest. Readers also gain access to original, academic case material and professionally produced video documentaries for every major partnerships profiled — bringing to life the people and stories in a way that few other business or management books have done.
Additional text
The book is a good read for all readers....Recommended.
Report
Eimicke and Buffett posit a new architecture for business models used to tackle our most intractable social problems based on the concept of 'shared success.' The solutions they cite lead to not only efficacy but also high performance, motivating a new way of thinking about social change. This book updates our thinking on this new form of problem solving and provides useful pragmatic and actionable examples to serve as business models for the next generation of social change maker. Ted D. Zoller, University of North Carolina at Chapel Hill
