Nolan Remedios: Social Capitalism: The Changing Expectations of Business

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Nolan Remedios: Social Capitalism: The Changing Expectations of Business by Mind Map: Nolan Remedios:  Social Capitalism: The Changing Expectations of Business

1. Social Capitalist- the changing expectations of business

2. Background

2.1. Raised in Ontario

2.2. Went to school for international business first day: Sept 11/2011 Twin Towers day.

2.3. Realized that expectations would be changing

2.4. Left after first semester, start of a journey of discovery. Travelled the world, spoke to as many people as possible

2.5. Trying to understand consequences of polarization of wealth, economic dependency.

2.6. In the absence of natural resources, our greatest resource is ourself.

2.7. Develop relationships and partnerships in order to create

3. Social Capiltal: the development of social relationships in order to produce something better

4. Sees a change right now.

5. Why Social Capital?

5.1. First reason: Right now we have access to more people than ever, and it's raising awareness of possibilites and increasing transparency

5.2. Second reason: higher capacity to act right away ad change quickly, react instantly to the market

6. How is SC generated?

6.1. Technology

6.1.1. Twitter

6.1.2. Individuals can be their own journalists and broadcasters

7. What can it do?

7.1. Banks

7.1.1. Kiva creates grassroots lending

7.2. Education

7.2.1. Changing the way we perceive education and learning

7.2.1.1. EX: the Khan Academy

7.2.1.1.1. Uses tech

7.2.1.1.2. Peer to peer

7.2.2. We expect education to continue to change in this way

8. What can we do with it now?

8.1. Giving customers more control

8.2. "How can we create value for ourselves by giving others to opportunity to create value for themselves?"

9. Final message: Starting in the rearview mirror is no way to prepare for the future! Integration and openness are key