| Measuring success | October 19, 2003 |
Kim Smith
|
New Schools Venture Fund |
Entrepreneurial Thought Leader Speaker Series |
| Views: 609 |
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| Video 23 of 24 from this talk |
- 01:43Hybrids: Entrepreneurs Must Lead People from Radically Different Sectors
- 03:52Founding of Teach for America: Entrepreneurs Envision What Others Say is Impossible
- 02:27A Theory of Change = Business Model + Strategy
- 01:22Focus
- 00:42Hybrid Leaders
- 01:01Education: Shift From Culture of Compliance to Culture of Performance
- 01:51Venture Philanthropy
- 01:45New School Venture Fund History and Operations
- 02:23New School Portfolio
- 00:58Strategic Investment Analysis Via a Hybrid Partner Group
- 01:04Leadership, Communication, and Facilitation Skills
- 01:29Taking Risks
- 02:28Achieving Profits Through Customer Focus
- 01:29Forming the Founding Team
- 01:07Measuring Social Return for Investors
- 02:13Venture capitalists as incubators and co-creators of new ventures
- 02:34Charter Schools - encourage diversity in the approach
- 02:10Parents as part of the K-12 learning community
- 03:59Fixing problems in K-12 education
- 03:07The investor community for educational ventures
- 03:22Scalability and Sustainability in non-profit sector
- 02:54VC Values impact on education and non-profit world
- 01:21Measuring success
- 02:56Funding for arts and sports
Description
Smith explains that New Ventures measures success in four layers. The first layer of success is immediate outcomes for the kids served by current ventures. The second layer is the ventures' impact on the system. The third layer is the success of New Schools in assisting their ventures. The last layer is the change in the entire system to a performance-based model with greater hybrid thinking.
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