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Managing Impact for the Long Term: A View of the Next 100 Years, from the SOCAP Conference
September 11, 2013

(Rebecca Herman is Special Projects Associate for Glasspockets at the Foundation Center-San Francisco.)

Last week in San Francisco was the SOCAP conference, which is dedicated to increasing the flow of capital to social good by bringing together investors, philanthropists, foundations and social entrepreneurs. If you didn’t make it to the sold-out conference, SOCAP shared videos of the events via YouTube.

 

"Make sure that that those around you learn from your failure."
On the first day of the conference, the panel discussion on “Managing Impact for the Long Term” included Case Foundation CEO Jean Case, who emphasized the importance of starting with a big idea, taking risks, and accepting that failure might be an option. She commented, “If you fail, fail fast and fail forward. Make sure that those around you learn from your failure. As you’re talking about it, you’re transparent. Particularly in the philanthropic and public sector, this is much, much needed.”

 

 

Watch the video»

As part of the same discussion, Daryn Dodson of Ben and Jerry’s spoke about the importance of sharing best practices and failures: “I think that is 100 years of hard, hard work of sharing across generations.” He also noted that he would like to see more representation at the conference from those under 20 and those over 60, “with as diverse balance sheets as possible… I think the intergenerational conversation may bring about the solutions to a lot of the problems that we’re really struggling with.”

It’s great to hear people talk openly about this challenging work, so let’s continue to share ideas, success and failures to increase impact over the long haul.

-- Rebecca Herman

Comments

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The Nonprofit Finance Fund is the real deal, actually doing the hard, on the ground work. Much better than slogans with no money behind them.

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