Social Innovation

A DIFFERENT APPROACH TO SOCIAL INNOVATION PROJECTS

The social sector is seeking new ways to understand at risk populations, develop strategies responsive to changing environments, and build capabilities to thrive in uncertain futures. But the traditional cookbook approach of many social innovation programs lack flexibility and the power to fuel social innovation, and they face long odds in achieving their objectives.
New Markets Advisors offers a different approach to social innovation projects. Using social innovation techniques created to serve organizations in the midst of rapid change, we embrace a creative yet highly rigorous process to spot emerging opportunities and suggest new ways of creating impact through social innovation.

CAPABILITIES IN SOCIAL INNOVATION

Our work takes us from Ethiopia to Ecuador, and Mozambique to Myanmar. Our staff has worked across 23 countries, and domestically in the United States as well, to build a broad range of social innovation projects.
We understand the social sector incredibly well, as our staff has performed needs assessments in Syria, planned for emergencies in Zimbabwe, conducted in-depth sector research for government donors, helped to craft strategic plans for major NGOs, and worked inside big donor organizations. We also understand smaller organizations and have helped NGOs move from idea to business plan.
Our impacts in this field have been abundant, from developing social innovation programs to build peace in Lebanon to creating a scheme that prevents cellphone spam. We don’t just talk about change; we closely collaborate with our partners to ensure that it happens.
Our offerings cover three domains:

Developing deep understanding of populations -- We work across a vast and diverse set of program beneficiaries, from fast-arriving refugees to communities dealing with gang violence. We spot latent needs, identify pathways to progress, and discover previously ignored levers to trigger behavioral change.
Building strategies -- We partner with organizations to help them deliver cohesive responses to social needs, align internal approaches to fit these external objectives, and develop the ability to adapt to shifting on-the-ground realities.
Bolstering organizations’ innovation capabilities -- Through interventions that include training, targeted awards, prediction markets, internal mentors, and more, we help organizations become comfortable with testing and validating new ideas, approaches, and products. New Markets helps socially-oriented organizations act like entrepreneurs and maximize their impact.

We do this work in both stable and unstable environments. We have an extensive track record of working in fluid situations requiring fast adaptation, such as program development for conflict areas and peace building.