How To Change The World

The revolution in technology didn’t just bring a new generation of business people who approach business in new and innovative ways, but also a new and very different generation of philanthropists. These people’s business success has enabled them to make vast sums of money for themselves. However, many of them are very clear about the sense of importance regarding giving back to society and using their wealth to bring real change, to give back to society and even to endeavour to find solutions to long term issues that have caused disadvantage, inequality and hardship.

Historically, it could easily seem, at times, that however much money was put in to philanthropic activities it was never enough and it only seemed to scratch the surface of the world’s (and humanity’s) biggest challenges. Today’s donors are generous with their wealth and creative in their mindset and the approaches they bring to giving and ensuring that they achieve effective outcomes that bring real change in the world. There’s a strong focus on equity and opportunity.

I was very enthused to see the following video from the Michael and Susan Dell Foundation, that discusses in some detail their philosophy and approach to giving and making a difference in the world

The Dell Perspective – The Future of Philanthropy

The release of this video coincided with the couple’s decision to increase their endowment by $1 billion with particular focus on supporting social entrepreneurs:

Forbes – Dell Announces $1 billion commitment
Fast Company – Why the Dell Foundation is Betting Big on Social Entrepreneurs

There are those who are sometimes inclined to denigrate social entrepreneurship as somehow less meaningful or ‘serious’ than hard-core business. However, as we see from the Dell Foundation’s core principles, there is nothing lightweight or flimsy about their approach;

Dell – 8 Principles for Changing the World

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