April 21st, 2014
Paul Brest Hall, Stanford Law School
GOODS, SERVICES & JOBS FOR THE GLOBAL POOR
Market-based solutions have the potential to provide goods, services and jobs for the global poor at scale. Yet few models have been able to meet the exceedingly high bars of expectation. Why?
|Harvey Koh, Director, Monitor Inclusive Markets, Monitor Deloitte (keynote)
|Paul Brest, Faculty Co-Director, Stanford Center on Philanthropy and Civil Society
|Ashish Karamchandani, Executive Director, Monitor Inclusive Markets, Monitor Deloitte
|Amy Klement, Partner, Omidyar Network
|Sonal Shah, Executive Director, Beeck Center for Social Impact & Innovation at Georgetown University
|Louis C. Boorstin, Former Deputy Director, Bill & Melinda Gates Foundation (moderator)
|Kim Meredith, Executive Director, Stanford Center on Philanthropy and Civil Society (welcome)
The speakers will explore the challenges inherent in tackling some of the world’s toughest problems, and the importance of devoting time, resources (government, business and philanthropic capital), and persistence to social impact ventures. Learn about the new report Beyond the Pioneer: Getting Inclusive Industries to Scale from Monitor Deloitte, building from the 2012 report, From Blueprint to Scale.
Louis Boorstin is an experienced leader of innovative programs that address tough international development challenges. Louis founded and led the Water, Sanitation and Hygiene program at the Bill & Melinda Gates Foundation from 2005 to 2013, building a portfolio of more than US$ 400 million, assembling a cross-disciplinary team, and focusing the program on non-piped sanitation. Prior to that, he worked for 15 years at the International Finance Corporation, part of the World Bank Group, where he managed the Environmental Finance group from 1997 to 2004. During that time, he helped pioneer the impact investing field by building a portfolio of over US$ 250 million with both financial and social returns.
Louis is currently advising several international organizations on more effective approaches to implementation, innovative financing to achieve social goals, and deepening the reach of impact investments. Louis has lived abroad in Indonesia, Sudan and France and has worked in more than twenty countries in Africa, Asia, Latin America and Europe. He holds a BA in Economics from Yale University and an MBA and MA (Development Economics) from Stanford University.
Paul Brest is Faculty Co-Director of the Stanford Center on Philanthropy and Civil Society. A leading scholar and teacher of constitutional law and co-author of the casebook Processes of Constitutional Decision-Making, Paul Brest now focuses on judgment and decision making and philanthropy. He is the co-author of Problem Solving, Decision Making, and Professional Judgment (2010) and Money Well Spent: A Strategic Guide to Smart Philanthropy (2008).
Professor Brest joined the Stanford Law School faculty in 1969 and served as dean from 1987 to 1999 before becoming president of the William and Flora Hewlett Foundation in 2000. He returned to Stanford Law School in 2012, where, as an emeritus professor recalled to active duty, he is teaching Judgment and Decision-Making at the Law School and Impact Investing and Managing to Outcomes at the Graduate School of Business. Professor Brest is also collaborating with Professor Deborah Hensler in designing a law and public policy laboratory at Stanford Law School.
Professor Brest is a fellow in the American Academy of Arts and Sciences, and holds honorary degrees from Northwestern University School of Law and Swarthmore College. Before joining the Stanford Law School faculty in 1969, he clerked for Judge Bailey Aldrich of the U.S. Court of Appeals for the First Circuit and Justice John M. Harlan of the U.S. Supreme Court, and did civil rights litigation with the NAACP Legal Defense and Education Fund in Mississippi.
Ashish Karamchandani is an Executive Director with Monitor Deloitte, based in Mumbai. After seven years of leading Monitor Group’s consulting business in India, Ashish founded Monitor Inclusive Markets (MIM) to catalyze market-based solutions to create social change. He has led MIM’s extensive efforts to facilitate a new ownership housing industry to serve low-income households, a potential market worth over $220 billion, working with entrepreneurs, developers, finance companies and major corporates. In 2008, Ashish co-led a foundational study of inclusive business models in India, looking at over 300 enterprises across sectors including healthcare, water, education and livelihoods, culminating in the groundbreaking Emerging Markets, Emerging Models report. He also co-authored From Blueprint to Scale: The Case for Philanthropy in Impact Investing. Ashish has a B.Tech from IIT Bombay, an MS from Berkeley and a PhD from Stanford University. With his wife Vibha Krishnamurthy, Ashish also runs Ummeed, a nonprofit organization for children with developmental disabilities.
Harvey Koh is a Director at Monitor Inclusive Markets (MIM), a unit of Deloitte dedicated to harnessing business models to serve the poor. Based in Mumbai, the MIM unit has been involved in facilitating industry development in India around specific business models, and Harvey has directed such projects in the low-income housing and safe drinking water sectors. Begun in 2007, MIM’s housing program has successfully catalyzed activity in a previously unserved low-income segment of the market, with over 80,000 units sold or on sale in over a dozen cities across India. Harvey is also the lead author of MIM’s 2012 publication, From Blueprint to Scale: The Case for Philanthropy in Impact Investing, which introduced the notion of the ‘pioneer gap’ in the development of new models for inclusive business.
Until 2011, Harvey was the founding Head of Investment & Performance at Private Equity Foundation (PEF), a venture philanthropy fund established in London by leading U.S. and European private equity firms with a focus on scaling up highly effective organizations that help disadvantaged young people break the cycle of inter-generational poverty. Before PEF, Harvey worked with The One Foundation, a pioneering European venture philanthropy fund, and London-based advisors New Philanthropy Capital. Previously, Harvey was a Senior Manager at Monitor Group in London, focusing on competitive and growth strategy for corporate clients in a number of industries including airlines, banking, consumer goods, hospitality and life sciences. During this time, Harvey also led and supported public policy projects on topics including healthcare system reform, economic competitiveness and business cluster development. Harvey was born and raised in Malaysia, and was educated at the University of Cambridge.
Amy Klement is partner at Omidyar Network and leads several of the firm’s initiatives that create opportunity for millions of people living at the base of the pyramid. Focusing on Education, Entrepreneurship, Financial Inclusion, Property Rights and Consumer Internet and Mobile, her team concentrates its investments in emerging markets. Amy oversees Omidyar Network’s investments in Bridge International Academy, IGNIA, Elevar, SONG, and Social Finance US and sits on the boards of Kiva, Living Goods, and Range Networks.
Prior to Omidyar Network, Amy spent much of her career at eBay, Inc., joining PayPal as one of its earliest employees in 1999. As vice president of product, she and her team developed PayPal’s payments platform, facilitated the company’s overseas expansion into Europe and Asia, and was instrumental in the launch of PayPal Mobile. Amy then transitioned to eBay as vice president of relationship marketing, leading email, onsite, and other retention marketing channels as well as vice president of product strategy and operations, driving the development of eBay’s long-term product vision and leading user experience and design. In addition, Amy was involved with both Kiva and MicroPlace at the start-up stage, which fueled her passion for businesses serving base of the pyramid customers. Earlier in her career, Amy worked in corporate strategy and development at Gap Inc. and as an analyst at JPMorgan & Co.
Amy holds a BS in mathematics from Bucknell Univesity, where she graduated Summa Cum Laude and Phi Beta Kappa.
Sonal Shah is a Professor and the founding Executive Director of the Beeck Center for Social Impact & Innovation at Georgetown University. Sonal has spent her career focused on actionable innovation in the public and private sectors. Most recently, she was the Deputy Assistant to the President and founding Director of the White House Office of Social Innovation and Civic Participation. She spent seven years at the U.S. Department of Treasury where she was an international economist working on timely development issues, including post-conflict development in Bosnia, Asian financial crisis, and poverty reduction in Africa. She then went to Goldman Sachs and Google while simultaneously co-founded Indicorps, a nonprofit building a new generation of socially conscious global leaders. She is a senior fellow at the Case Foundation and the Center for American Progress. Sonal serves on the Board of Social Finance, Inc. and the Washington Area Women’s Foundation.