Multistakeholder Collaboration for the Common Good - Buenos Aires 2024

[music] Yes. So as David say uh said I was producing the funding the commons residency and uh one thing that is very important for us is to put our builders in touch with local actors because local actors know the lo the local context. They know uh the cultural differences uh the regulation differences. They simply know how people work and how people work and leave uh on the ground. And that's why it's very important for us to connect them with our builders.

So uh they really get to understand the real challenges that uh these actor face and so they can build solutions that answer real needs and have strong uh market fit. So I was looking for organizations uh working in real because uh real is the theme of funding the commons this year. uh and uh thanks to blockchain acceleration foundation uh I got in touch with Belu uh Benberg Stellar from Muer dosmile and Mues dosmile is organization that provide micro credits uh for women entrepreneurs. Uh so it was the perfect fit and um we put them in touch with our residents uh Sebastian and uh Fernando uh and Fernando brought another alliance with Arun from UNICEF in the mix and we took this collaboration even one step further by uh bringing everyone to uh IAE business school when we run a live case study uh that Ector will give you more information about.

Well, thank you Charlotte for for the introduction. Thank you everyone for for being here. It's better that the slide is not working I think. [laughter] But anyway, let's start with the introduction. When David called me a month ago, thanks to Javier Garcia Sanji, I know he is here.

Um because he knows someone from the university to to to connect. Um so instead of delivering a conference, I I mentioned to him why don't we do a live case an experience. So here we can show an experience rather than tell how to do things. So with this uh story underlying this approach it is working now. Okay.

Thank you. So we decided to have this uh this title is a multistakeholder approach for the common good and to share with you the life case experience. So uh if the slide are not working I was just telling you what is all this about.

First let's do a quick round of intros.

I'm sorry I saw the introduction you have done it. Okay I will introduce them. So I need to or do you prefer? Okay. So when we decide this um we decided two live cases in 15 days ago.

So one was Muer Domu is the representative of Muer here. Um and then we the idea was to marriage to bring together the the founders in this case Beru and Muer of Mill uh together with the the builders and here we have Sebastian and and and Fernando but also the idea was to have fun in the commons and those who are supporting funding the commons and finally the international organizations just to scale up the the the impact. So in this case we have Aaron with us. Thank you for for for being with with us and well the second live case was funding the common so David was one of the protagonists and some people there as well but we decided here just to present the experience of okay is that's okay with the introduction okay great so I don't know is that work or I need okay yes sure sure Okay. Thank you.

My name is Roacha, professor of strategy and business general business in business school. Okay. Fernando Cto Hey everyone, I am Arun. I work for the UNICEF ventures team within the office of innovation. I'm the blockchain lead.

Okay. Okay. Well, thank you very much. This is like just we are just copying in the middle of the panel. [laughter] But that's great.

Okay. Well, if it works or not, I will just uh tell you about the the slides. So, that's the the the title of of our project. So the idea here is just to to show you if it works is that way. Okay.

Here is a a what a classical teaching and then innovation now what they are showing us. The important thing when you see this chart is you have Aristotle there saying something interesting but then on on the your right side you have the main business schools in the world with different names creating the spaces for multi-stakeholders approaches Stanford MIT Oxford Harvard and then you have the different titles of the center the center we run at Yay is a sustainable integral development it doesn't matter the title The important thing is the space for protagonist to share a common challenge and face-toface interaction try to solve it. Okay, that's the main approach. So this is the way we are doing in in in in Adi we start with the challenge of reality and then we do research in this case was the live case the formation and then you have the transformation. Um this life case approach what it means a live case is the protagonist in a safe space.

Safe space mean that he's free to to talk about the case but the important thing is sharing the challenges in general people are asking going to sound for harbor to show good practices to sell their organizations here is the opposite you came for just showing the challenges and work together with the protagonist to solve them. Okay, that's was the case of and in five minutes I will just give the floor to to to BU to explain this. Okay, that's the main message here. What is the different of like case of good practice? This chart shows that the starting point is the challenge rather than the good practice.

The process is active workshop rather than just listening a conference and then the end point is co-creating diagnosis and solution a road map rather than just Q&A as a conference as maybe is here. Well, this is a story story. We have not invited the live cases Socrates with the mayotic. The only thing we did in 2010 is just to start with the presence of the protagonist in the room instead of reading a case harbor case or whoever. The important thing you have the protagonist there.

So we have Belu, we have David and all the team. So that's important thing. You have the person in presence. What we have done just to finish the first introduction is if you see this part the 5th of November we meet at the seeing the two live cases like case one was at the beginning with initial challenges and the milestones at the end of the afternoon after 4 hours we have like case two is new challenges learning and a road map early wins so you can start the following day and now we are here just to share the experience but the live case continue because you are implementing solutions. So now the idea the live cases start with with this.

We spend a lot of time trying to uncover the key challenges that for example in this case Meris of Millis is facing that's why we are following A10 dictum about spending 55 minutes out of an hour to try to discover the problem and then five minutes for the solution. This is the key. So what we will do now is the following. Belu will explain m of mil the initial challenges and the and and the learning and then we will go to seas to see the road map after November the 5th what they have done together because remember it's multistakeholder collaboration in practice and it's alive because we are doing it just now and then Fernando will talk about his learnings about the workshop and then Aron will comment about the internationalization experience in this multi-stakeholder approach. So, Belu, your turn.

Gracias. econom. Alexa.chech. The market homech.

Well, she's explaining about that is an an lines. Well, the focus is just to develop the economic independence of of vulnerable women in well three at least three cities. But you are expanding your business. And the three the three main lines are first education, the second one information, then the second one is habitat because they are teaching them how to build their own houses. And then you have the the important thing there [laughter] about the one.

Yes, sorry. It's just to to Okay. And then is is job creation through entrepreneurship. That's the important thing. So they can have the economic independence from their own not just depending on other people.

Thank you. So when they started with the live case the initial three challenges they define were just financing the second one was a tool for unifying lecture of all the beneficiaries and then to automatize the whole process they were the three initial chervation when we create the live case I don't intervene in just touching the case I just receive and the only thing I do is that they are not selling the company or the organization and then that they are well framed. The only thing I do is that phone. So that were your initial challenges. This Excellent.

So the new learnings after the like case after two hours of work together with a multistakeholder approach were first before automatizing you need to have healthy processes. The second one was connect these two impact not just to receive money you need to show the impact that that money is having and the third one you need a theory of change to guide the process. Okay. So after the live case there is a road map because from five to 15 challenges. So what is the the what the purpose of the live case just to have more challenges.

No the is to see the the reality with different lenses and then finish with the road map. So seas is well she mentioned some part of the the the road map is just to connect that was the purpose to connect the builders with the founders and then you have other stakeholders that are present to give their abuse alive. they are in presence and then seas will explain us what happened after the the live case in this two weeks. Okay. Blockchain.

Well, thank you very much. I I I should add that you have a an active very active participation in the in the live case. So the important thing that the the road map Yes. I I'm doing the the translation but adding something more. Um now I'll go to to the experience but the important thing that the in the road map the the co-creation started the road map in the same meeting.

So what Sebas was telling us that he has a platform developed in in Colombia. So when he understood the real challenges of mueres of mill so in the meeting that's why I mentioned that the co-creation started in the meeting because you have many many proposals because you have the solution in Colombia in in your hand so what he was explaining to us that it was the adaptation of this platform to the real challenges in terms of processes and automatization that belu mentioned before and now go the to to Fernando give the floor just to talk about your experience and then connect to the international organization because you have two project funded by UNICEF. in particular. said, "Okay, Innovation. I thank you Fernando.

Well, the first he he's just mentioning the difference between a live case and written in case. it was the first experience after how many years of six years of experience after doing your MBA in Cordova and in the live case well he was explaining the the difference because you have the protagonist there but the important thing that because the idea is a multistakeholder approach he's one of the protagonist as well he's not the passive person there so he was understanding the challenges again and try to build the solutions and what he's adding to what Sebastian mentioned that when he was he was listening to to the real challenges he was connecting to the the three project you already have and two of them financed by the international organizations and that's why now we have Aron here just to explain the multistakeholder approach from his experience in UNICEF but also in particular financing this project with Fernando thank you and now it's easier for me because he will speak in Thanks. Um so uh as far as multistakeholder approaches are concerned um the UNICEF uh venture funds purpose uh is to discover uh early stage startups who are working with emerging technology like excapit um and then um encourage them uh through providing funding so that they can develop open-source digital public goods. So that process itself, our internal process is quite multistakeholder intensive. We speak to our donors, we get their needs, then we finally decide to put out a call and then uh startups like XCapit apply to us and then of course we um fund them.

So that itself is a is a pretty intense process. Now uh with XCapit story so um they came into our fold in 2021 uh we funded them uh uh the first time uh to develop a wallet uh for financial inclusion um and then the second time we funded them uh in 24 I think uh for uh a second round of funding to uh develop an account abstracted wallet which works on SMS. Um again in in in this case the intention was to see if we can deploy it uh with stable coin infrastructure so that we can deliver aid to those people with no internet and no uh smartphone. And um our um experience with excapit was so good that they even helped us uh in between these two to uh execute on a DAO pilot that we wanted to do. So uh so for Jose, Maxi, Antto so all of them helped us to think through um Dowo mechanics and then to look at tooling and then uh they sort of uh put it together for us and they and they really helped uh to execute that as well.

Um and uh the relationship uh still still continues because um uh again talking multistakeholder uh the the SMS wallet uh which I just mentioned so that is going to be combined with yeah okay one last point um so the SMS wallet is going to be combined with products built by two other startups so it's like three startups that we've What? Can you hear me?

One, two, one.

Okay. Quickly before the, you know, [laughter] Yeah. I think the resistance is clear. Yeah. So, uh, one last point.

Yeah. So, their product is going to be combined with two other products built by other startups. bringing it together and and then they are working with an NGO in Kenya to sort of pilot uh stable coin delivery. So that those that's like four stakeholders plus UNICEF as an advisory role actually. So that's fantastic.

Thank you very much Haron. I know if you are aware that we are again it's like a live case in fact this is live case three in the methodology like case one at the beginning workshop two and now these three because here again we are learning as well sharing the experience and if you see we are four sectors here you have the the builders the companies you have the civil society organization you have funding the companies another international NGO and we have the international organiz that is not the government but they are funding many projects in in many countries and then you have academia here. So maybe if we have a governing official we can have the the complete five helix model and belu mentioned about a theory of change and one of the learnings. So the important thing is every academic has his own approach but the important thing that you see the theory underlying this. So I will show you in the last 7 minutes we have the theory of change underlying the live guest methodology and then to push forward the next steps in developing not only mules of mill but also we were talking about funding the commons as well as a methodology just to empower what you already are doing in in in the organization.

Um so the next slides I I will try to to explain uh this theory of change and then we can talk about questions. Um but this already is there I say the the starting point is the challenge. Um David I have a 7 minutes to talk. Okay. So I already we are going backwards.

I think here we are. Okay. When I saw the this chart the first time for me. Oh this is just a mapundi. Let me say a word but then when I saw that for me it was amazing and this was one of the origin of web three because the promise of web two was something that didn't didn't work very well because this is the size of apple so the age potent of the world I hope that is no economies here because I compare the market cap with the GDP of of the countries but you know here is no democracy nothing it's just one company so and then you say well is capitalism why you are criticizing I'm not criticizing I'm just showing nothing to do but then when you see the next slide the impact of job creation this is key because if you are big but you are providing jobs so it's excellent that's why web 3 blockchain that democratize in fact even entrepreneurship you have plenty of entrepreneurs here it was a huge promise basis on this big big challenge so these are some experience we have with Amazon Web Service there and other organizations in North America.

So we have again starting with the challenges we decided to see for example in the case of Brazil you know the pandemic was terrible. So big questions like for example how can you approach 40 million people in the middle of pandemic. So how can you marriage technology with the grand challenges? So technology as a service of grand challenges. This is theto economical societies.

Last night we have a very nice gathering and the the person the governmental person in charge of the all the districts in Bonosis was present but this is the challenge they have the IT districts because you know the talent is scarce so and you have many companies there are big companies competing over the same resource and well this is another project I have many slides on this this is about sustainability and so the important thing how you go from the gradation to regeneration. Now the key word is not sustainability is regeneration. So you are just putting air conditioning to to to the air. So what is the common good? Because we are talking and funding the commons.

We are talking about common. What is the common good? So here you have you already know about the TSG 17 goals. So many many goals you don't have focus here. So when I research this I have an interview with the creator of this is Jeffrey Saj.

And then we were going to the economic novel prices what they say about that. So the important thing is the change of parame pay attention on that because we have an idea of impact. What is impact? Is economic growth or is development? So going to the economic nobility crisis there is a transition from economic growth towards integral development with the four dimension the human the social world.

you know the you have international organizations just a multi-disiplinary approach on poverty for example so here well I need to translate this in Spanish I'm sorry about that that is at the level of society we're going from prosperity and economic prosperity to development that's the key point and here it's important to understand web three what they can do so many of you like what the project Fernando now is consulting on impact on the the the the web three. So the important thing what is the lens I use to define impact that's key one thing is economic growth the old theory we need to go towards development and the common good then at the level of the company this is very important because Milton Freeman was economic price and he said that the purpose of the firm is just to increase the profits but then this is very important 180 most powerful companies in the world is a business run table they changed the purpose statement from maximizing shareholder value to create value for all the stakeholders. So this is a change in the parame is very important as well for the builders and all the companies involved in web 3. Well, there are some indicators. I can leave this.

But the important thing here is there is a transition, a theory of change from profitability to bio creation. And what is the role here of web three is what are the areas of purpose we need to develop. Now you have big corpses different companies that are not just for profit they're going for impact. Well, this is just the connection of the inter relationship with W3. I will not read this is just to see how the real world is connecting to the virtual world of web three.

This is a work we did with the dean of Berkeley and Ray Miles. It's about collaborative entrepreneurship. We are talking about multistakeholder collaboration. There is a theory underlying this. It's not just a fashion.

Web three is not a fashion. It's based on what real what really need. We are showing you Nobel prizes people doing research. So there is something underlying these changes that are happening. this with Linda Grat London Business School as well work we have done together with her and then with no sorry I'm going the other way here we are and now the key word is Michael Porter you know is the father of management first was clusters and now is ecosystems and the the important thing here is that and this is the last slide when we are talking about the common good the ecosystem level is the most important one because when you have the property here is community public or private.

And then when you see the mechanism of governance, you have the market, the government or the ecosystem. When you are creating network goods, common goods, the ecosystem level is the best one. The one we have done here with the live case. Well, thank you very much for your time. I know David if there's time for questions or we shall finish here.

Thank you very much.

Thank you. [applause]