[kictanet] Newest Name for AID ? Impact Sourcing ...

[Agosta Liko]

First, they called is Social Entrepreneurship, Then impact Investing ....now
its Impact Sourcing .......


http://www.rockefellerfoundation.org/news/press-releases/rockefeller-foundation-foster-impact

Press Releases
 ShareThis
Rockefeller Foundation to Foster Impact Sourcing in Africa: Poverty
Reduction through ICT Jobs
June 17, 2011 / Press Releases

*New York, NY*—A new report funded by the Rockefeller Foundation estimates
that the field of Impact Sourcing, employing socioeconomically disadvantaged
people in Business Process Outsourcing (BPO) centers, is currently $4.5
billion and has the potential to reach $20 billion and employ 780,000 by
2015. The report, conducted by Monitor Group, suggests a strong business
case for Impact Sourcing, which can provide high-quality, reliable services
at prices that are at least competitive with traditional BPO centers and, in
some cases, almost 40 percent lower than what traditional providers can
offer.

The findings, contained in the new working paper, *Job Creation through
Building the Field of Impact
Sourcing<http://www.monitor.com/Portals/0/MonitorContent/imported/MonitorUnitedStates/Articles/PDFs/Monitor_Job_Creation_Through_Building_the_Field_of_Impact_Sourcing_6_16_11.pdf>,
*also finds significant potential for poverty alleviation because Impact
Sourcing workers can earn incomes up to 100 percent over alternative
employment options.

The working paper is part of the Rockefeller Foundation’s Poverty Reduction
through Information and Digital Employment (PRIDE) work. Through PRIDE, the
Rockefeller Foundation plans to support the development and testing of
Impact Sourcing business models, support research on interventions and
continue to build the network of key Impact Sourcing stakeholders to advance
the field.

Impact Sourcing employs individuals with limited opportunity for sustainable
employment as principal workers in Business Process Outsourcing (BPO)
centers to provide high-quality, information-based services to domestic and
international public and private-sector clients.

“Harnessing the global BPO trend, PRIDE exemplifies the Rockefeller
Foundation’s commitment to promoting growth with equity, in which the poor
and vulnerable have more access to opportunities, such as ICT employment,”
said Dr. James Nyoro, Managing Director, Africa.  “The Foundation is proud
to partner with Monitor on this important research, which drives the idea
that employing low-income workers will provide them with sustainable income
which can lead to positive social outcomes, ultimately helping to improve
livelihoods and build relevant skills for employment in the fast growing ICT
sector.”

*Job Creation through Building the Field of Impact
Sourcing<http://www.monitor.com/Portals/0/MonitorContent/imported/MonitorUnitedStates/Articles/PDFs/Monitor_Job_Creation_Through_Building_the_Field_of_Impact_Sourcing_6_16_11.pdf>
*features case studies on current Impact Sourcing models in Africa, India
and other regions, including those of Foundation grantees like Digital
Divide Data, a social enterprise with the objective of creating jobs for
poor and disadvantaged youth in Cambodia, Laos and Kenya; and Samasource, an
intermediary that markets and sells Impact Sourcing services to clients
based in the United States and United Kingdom.

“Based on more than 120 interviews across 13 countries with Impact Sourcing
managers, providers of BPO services, outsourcing experts, employees,
outsourcing clients, government officials, and other individuals linked to
the Impact Sourcing space, this analysis creates a shared understanding of
the current situation, the size of the opportunity and action agenda
necessary to build this field,” said Michael Kubzansky, Global Heald of the
Monitor Inclusive Markets Initiative.

* *

*The Rockefeller Foundation*

The Rockefeller Foundation’s mission to promote the well-being of people
throughout the world has remained unchanged since its founding in 1913.
Today, that mission is applied to an era of rapid globalization.  Our vision
is that this century will be one in which globalization’s benefits are more
widely shared and its challenges are more easily weathered.  To realize this
vision, the Foundation seeks to achieve two fundamental goals in our work.
First, we seek to build resilience that enhances individual, community and
institutional capacity to survive, adapt, and grow in the face of acute
crises and chronic stresses.  Second, we seek to promote growth with equity
in which the poor and vulnerable have more access to opportunities that
improve their lives. In order to achieve these goals, the Foundation
constructs its work into time-bound initiatives that have defined objectives
and strategies for impact.  These initiatives address challenges that lie
either within or at the intersections of five issue areas: basic survival
safeguards, global health, environment and climate change, urbanization, and
social and economic security.

* *

*About Monitor Group*

Monitor works with the world's leading corporations, governments and social
sector organizations to drive growth in ways that are most important to
them. Monitor Group offers a range of services—advisory, capability-building
and capital services—designed to unlock the challenges of achieving
sustainable growth. Monitor brings leading-edge ideas, approaches and
methods to bear on clients' toughest problems and biggest opportunities.
Headquartered in Cambridge, Massachusetts, the firm employs more than 1,500
people in 18 countries worldwide. For more information, visit
www.monitor.com.

Monitor Inclusive Markets (MIM) catalyzes support for market-based solutions
to social challenges. MIM does this by understanding and improving the
business models of enterprises currently engaging people that live at the
bottom of the economic pyramid, particularly helping these enterprises reach
scale and commercial viability. For more information, visit
www.mim.monitor.com.

###
For media inquiries, please contact:
Svetlana Vaisman
<svaisman at rockfound.org>            917-975-5318
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