TEDxLSE - Christian Busch - Building and Sustaining Impact Organizations

Christian Busch is Co-founder of Sandbox, the leading global network for the most inspiring innovators below 30, and acts as Associate Director at the LSE's Innovation and Co-Creation Lab. He is Special Advisor for impact entrepreneurship at the National Consortium of Entrepreneurs (NACUE), and has been selected as one of The Daily Beast's "300 world class influencers to reboot America". Related to a PhD on the dynamic interplay between social networks and (social) enterprise performance in emerging markets, Christian teaches entrepreneurship at the London School of Economics (LSE). Passionate about connecting inspiring people and making cool ideas happen across fields, he is a TEDster, fellow of the Royal Society of Arts, and Global Shaper at the World Economic Forum (WEF). In this inspiring talk he talks about the emergence of 'Impact Organizations'. Driven by a new articulation of needs (from Maslow's 'hierarchy of needs' to an 'enlightened circle of needs'), extreme economic and societal pressures, and the influence of technology, organizations will shift from the traditional for-profit vs non-profit/social enterprise continuum to an organizational form that he labels "Impact Organization". An Impact Organization places social and financial impact at the same strategic level, and is governed not by hierarchy or transactions, but rather by "lateral accountability" and "relationships"; it is not only satisfying the needs of a new "Generation Why?", but also enhances organizational responsiveness and innovation. About TEDx, x = independently organized event: In the spirit of ideas worth spreading, TEDx is a program of local, self-organized events that bring people together to share a TED-like experience. At a TEDx event, TEDTalks video and live speakers combine to spark deep discussion and connection in a small group. These local, self-organized events are branded TEDx, where x = independently organized TED event. The TED Conference provides general guidance for the TEDx program, but individual TEDx events are self-organized.* (*Subject to certain rules and regulations).