<br />
THE FINANCE<br />
INNOVATION LAB:<br />
A STRATEGY FOR<br />
SYSTEMS CHANGE<br />
The Finance Innovation Lab<br />
empowers positive disruptors in<br />
the financial system. Our vision is<br />
a financial system that works for<br />
people and planet. One that is<br />
democratic, responsible and fair.<br />
We connect people who are changing the<br />
financial system, develop them as leaders<br />
and help them scale their work.<br />
We work with people to:<br />
CREATE<br />
Entrepreneurs creating<br />
alternative business<br />
models in finance.<br />
ADVOCATE<br />
Civil society leaders<br />
advocating for financial<br />
reform.<br />
EVOLVE<br />
Intrapreneurs in mainstream<br />
finance re-purposing their<br />
professions.<br />
CONTENTS<br />
Introduction 2<br />
Chapter One: Our Story 4<br />
How our strategy emerged 4<br />
Beginnings <a title="The Finance Innovation Lab Strategy For Systems Change page 1" href="http://viewer.zmags.com/publication/b89bdcae?page=1"> THE FINANCE INNOVATION LAB: A STRATEGY FOR SYSTEM</a>
<a title="The Finance Innovation Lab Strategy For Systems Change page 2" href="http://viewer.zmags.com/publication/b89bdcae?page=2"> The Finance Innovation Lab empowers positive disr</a>
<a title="The Finance Innovation Lab Strategy For Systems Change page 3" href="http://viewer.zmags.com/publication/b89bdcae?page=3"> CONTENTS Introduction </a>
<a title="The Finance Innovation Lab Strategy For Systems Change page 4" href="http://viewer.zmags.com/publication/b89bdcae?page=4"> INTRODUCTION ‘Structure without life is dead. </a>
<a title="The Finance Innovation Lab Strategy For Systems Change page 5" href="http://viewer.zmags.com/publication/b89bdcae?page=5"> Today The Finance Innovation Lab (The Lab) is a m</a>
<a title="The Finance Innovation Lab Strategy For Systems Change page 6" href="http://viewer.zmags.com/publication/b89bdcae?page=6"> CHAPTER ONE: OUR STORY HOW OUR STRATEGY EMERGED </a>
<a title="The Finance Innovation Lab Strategy For Systems Change page 7" href="http://viewer.zmags.com/publication/b89bdcae?page=7"> FORWARD OR FINISH? BUILDIN</a>
<a title="The Finance Innovation Lab Strategy For Systems Change page 8" href="http://viewer.zmags.com/publication/b89bdcae?page=8"> ‘We make the road by walking.’ - Paolo Freire, a</a>
<a title="The Finance Innovation Lab Strategy For Systems Change page 9" href="http://viewer.zmags.com/publication/b89bdcae?page=9"> In late 2008, the financial crisis hit. The news </a>
<a title="The Finance Innovation Lab Strategy For Systems Change page 10" href="http://viewer.zmags.com/publication/b89bdcae?page=10"> ESTABLISHING THE CORE COLLABORATION Charlotte a</a>
<a title="The Finance Innovation Lab Strategy For Systems Change page 11" href="http://viewer.zmags.com/publication/b89bdcae?page=11"> LAUNCHING THE LAB Reos helped secure a partners</a>
<a title="The Finance Innovation Lab Strategy For Systems Change page 12" href="http://viewer.zmags.com/publication/b89bdcae?page=12"> FINISH OR FORWARD? The original team from WWF-U</a>
<a title="The Finance Innovation Lab Strategy For Systems Change page 13" href="http://viewer.zmags.com/publication/b89bdcae?page=13"> June 2010, Chartered Accountants Hall, London. A </a>
<a title="The Finance Innovation Lab Strategy For Systems Change page 14" href="http://viewer.zmags.com/publication/b89bdcae?page=14"> BUILDING THE COMMUNITY In 2009, Tellus Mater3, </a>
<a title="The Finance Innovation Lab Strategy For Systems Change page 15" href="http://viewer.zmags.com/publication/b89bdcae?page=15"> EXPERIMENTING WITH INNOVATION We then started t</a>
<a title="The Finance Innovation Lab Strategy For Systems Change page 16" href="http://viewer.zmags.com/publication/b89bdcae?page=16"> FRIENDS AND FAMILY We started hosting monthly L</a>
<a title="The Finance Innovation Lab Strategy For Systems Change page 17" href="http://viewer.zmags.com/publication/b89bdcae?page=17"> BUILDING THE CORE TEAM The Hara Collaborative p</a>
<a title="The Finance Innovation Lab Strategy For Systems Change page 18" href="http://viewer.zmags.com/publication/b89bdcae?page=18"> BUILDING PROMINENCE We started to attract fundi</a>
<a title="The Finance Innovation Lab Strategy For Systems Change page 19" href="http://viewer.zmags.com/publication/b89bdcae?page=19"> CHALLENGES OF COLLABORATION A challenge emerged</a>
<a title="The Finance Innovation Lab Strategy For Systems Change page 20" href="http://viewer.zmags.com/publication/b89bdcae?page=20"> </a>
<a title="The Finance Innovation Lab Strategy For Systems Change page 21" href="http://viewer.zmags.com/publication/b89bdcae?page=21"> </a>
<a title="The Finance Innovation Lab Strategy For Systems Change page 22" href="http://viewer.zmags.com/publication/b89bdcae?page=22"> WORKING WITH MAINSTREAM As our prominence grew,</a>
<a title="The Finance Innovation Lab Strategy For Systems Change page 23" href="http://viewer.zmags.com/publication/b89bdcae?page=23"> GETTING RIGOROUS ABOUT FINANCE Having attracted</a>
<a title="The Finance Innovation Lab Strategy For Systems Change page 24" href="http://viewer.zmags.com/publication/b89bdcae?page=24"> TRANSITION As The Lab grew, we began to feel th</a>
<a title="The Finance Innovation Lab Strategy For Systems Change page 25" href="http://viewer.zmags.com/publication/b89bdcae?page=25"> TEACHING OTHERS ‘The Finance Innovation Lab is a</a>
<a title="The Finance Innovation Lab Strategy For Systems Change page 26" href="http://viewer.zmags.com/publication/b89bdcae?page=26"> CHAPTER TWO: THEORY OF CHANGE ‘If a factory is </a>
<a title="The Finance Innovation Lab Strategy For Systems Change page 27" href="http://viewer.zmags.com/publication/b89bdcae?page=27"> SYSTEMS CHANGE WHAT DO WE UNDERSTAND BY SYSTEMS</a>
<a title="The Finance Innovation Lab Strategy For Systems Change page 28" href="http://viewer.zmags.com/publication/b89bdcae?page=28"> THE BERKANA INSTITUTE: TWO LOOPS EX</a>
<a title="The Finance Innovation Lab Strategy For Systems Change page 29" href="http://viewer.zmags.com/publication/b89bdcae?page=29"> The top loop represents the existing system. Over</a>
<a title="The Finance Innovation Lab Strategy For Systems Change page 30" href="http://viewer.zmags.com/publication/b89bdcae?page=30"> TRANSITION THEORY Transition Theory prioritises</a>
<a title="The Finance Innovation Lab Strategy For Systems Change page 31" href="http://viewer.zmags.com/publication/b89bdcae?page=31"> 2 At the regime level, </a>
<a title="The Finance Innovation Lab Strategy For Systems Change page 32" href="http://viewer.zmags.com/publication/b89bdcae?page=32"> DONELLA MEADOWS: PLACES TO INTERVENE IN THE SYSTE</a>
<a title="The Finance Innovation Lab Strategy For Systems Change page 33" href="http://viewer.zmags.com/publication/b89bdcae?page=33"> 20 World as Lover, World as Self: A Guide to L</a>
<a title="The Finance Innovation Lab Strategy For Systems Change page 34" href="http://viewer.zmags.com/publication/b89bdcae?page=34"> LEADERSHIP Our experience of leading a system</a>
<a title="The Finance Innovation Lab Strategy For Systems Change page 35" href="http://viewer.zmags.com/publication/b89bdcae?page=35"> In traditional hierarchies, leadership is reserve</a>
<a title="The Finance Innovation Lab Strategy For Systems Change page 36" href="http://viewer.zmags.com/publication/b89bdcae?page=36"> CHAPTER THREE: OUR PRINCIPLES Codifyi</a>
<a title="The Finance Innovation Lab Strategy For Systems Change page 37" href="http://viewer.zmags.com/publication/b89bdcae?page=37"> COLLABORATION Systems change requires collabora</a>
<a title="The Finance Innovation Lab Strategy For Systems Change page 38" href="http://viewer.zmags.com/publication/b89bdcae?page=38"> Collaboration here doesn’t mean that we want ever</a>
<a title="The Finance Innovation Lab Strategy For Systems Change page 39" href="http://viewer.zmags.com/publication/b89bdcae?page=39"> ACTION-LEARNING ‘Be open to everything, and atta</a>
<a title="The Finance Innovation Lab Strategy For Systems Change page 40" href="http://viewer.zmags.com/publication/b89bdcae?page=40"> EMPOWERMENT What makes these principles of colla</a>
<a title="The Finance Innovation Lab Strategy For Systems Change page 41" href="http://viewer.zmags.com/publication/b89bdcae?page=41"> PARTICIPATION We believe in participatory proce</a>
<a title="The Finance Innovation Lab Strategy For Systems Change page 42" href="http://viewer.zmags.com/publication/b89bdcae?page=42"> LOVE ‘People will forget what you said, people w</a>
<a title="The Finance Innovation Lab Strategy For Systems Change page 43" href="http://viewer.zmags.com/publication/b89bdcae?page=43"> A strategy for systems change </a>
<a title="The Finance Innovation Lab Strategy For Systems Change page 44" href="http://viewer.zmags.com/publication/b89bdcae?page=44"> CHAPTER FOUR: OUR STRATEGIC MODEL FOR SYSTEMS CHA</a>
<a title="The Finance Innovation Lab Strategy For Systems Change page 45" href="http://viewer.zmags.com/publication/b89bdcae?page=45"> HOW? Our model works at four levels. AMPLIFY</a>
<a title="The Finance Innovation Lab Strategy For Systems Change page 46" href="http://viewer.zmags.com/publication/b89bdcae?page=46"> WHO? WE WORK WITH WILLING AND OPEN CHANGE AGENT</a>
<a title="The Finance Innovation Lab Strategy For Systems Change page 47" href="http://viewer.zmags.com/publication/b89bdcae?page=47"> THE GROUPS WE WORK WITH ARE AS FOLLOWS: INNOVA</a>
<a title="The Finance Innovation Lab Strategy For Systems Change page 48" href="http://viewer.zmags.com/publication/b89bdcae?page=48"> AMPLIFY SNAPSHOT In the Great Hall, I</a>
<a title="The Finance Innovation Lab Strategy For Systems Change page 49" href="http://viewer.zmags.com/publication/b89bdcae?page=49"> WHY? At this level of our model, ou</a>
<a title="The Finance Innovation Lab Strategy For Systems Change page 50" href="http://viewer.zmags.com/publication/b89bdcae?page=50"> DEMONSTRATE SNAPSHOT Fran Boait, the Execu</a>
<a title="The Finance Innovation Lab Strategy For Systems Change page 51" href="http://viewer.zmags.com/publication/b89bdcae?page=51"> WHY? At this level of our model, ou</a>
<a title="The Finance Innovation Lab Strategy For Systems Change page 52" href="http://viewer.zmags.com/publication/b89bdcae?page=52"> WHAT? INCUBATE To demonstrate the alternatives,</a>
<a title="The Finance Innovation Lab Strategy For Systems Change page 53" href="http://viewer.zmags.com/publication/b89bdcae?page=53"> REFORM SNAPSHOT Many in The Lab community,</a>
<a title="The Finance Innovation Lab Strategy For Systems Change page 54" href="http://viewer.zmags.com/publication/b89bdcae?page=54"> WHY? The ultimate goal we are seeki</a>
<a title="The Finance Innovation Lab Strategy For Systems Change page 55" href="http://viewer.zmags.com/publication/b89bdcae?page=55"> A strategy for systems change </a>
<a title="The Finance Innovation Lab Strategy For Systems Change page 56" href="http://viewer.zmags.com/publication/b89bdcae?page=56"> SCALE Over the past few years we have seen a bl</a>
<a title="The Finance Innovation Lab Strategy For Systems Change page 57" href="http://viewer.zmags.com/publication/b89bdcae?page=57"> WHY? The goal at the core team leve</a>
<a title="The Finance Innovation Lab Strategy For Systems Change page 58" href="http://viewer.zmags.com/publication/b89bdcae?page=58"> LESSONS IN LEADERSHIP Developing our core tea</a>
<a title="The Finance Innovation Lab Strategy For Systems Change page 59" href="http://viewer.zmags.com/publication/b89bdcae?page=59"> Looking back, we have identified the activities t</a>
<a title="The Finance Innovation Lab Strategy For Systems Change page 60" href="http://viewer.zmags.com/publication/b89bdcae?page=60"> IN CONCLUSION... The purpose of this publication </a>
<a title="The Finance Innovation Lab Strategy For Systems Change page 61" href="http://viewer.zmags.com/publication/b89bdcae?page=61"> 5 Appreciate and celebr</a>
<a title="The Finance Innovation Lab Strategy For Systems Change page 62" href="http://viewer.zmags.com/publication/b89bdcae?page=62"> We hope this provides an insight into our world f</a>
<a title="The Finance Innovation Lab Strategy For Systems Change page 63" href="http://viewer.zmags.com/publication/b89bdcae?page=63"> FINANCE INNOVATION LAB CO-FOUNDERS The Finance I</a>
<a title="The Finance Innovation Lab Strategy For Systems Change page 64" href="http://viewer.zmags.com/publication/b89bdcae?page=64"> ABOUT THE AUTHORS This publication is the end re</a>