Green Re-Cycle.com
Example: Walk us through a specific example(s) of how this solution makes a difference; include its primary activities.
Marketplace: Who else is addressing the problem outlined here? How does the proposed project differ from these approaches?
Founding Story
Musambo
We are a team comprising a computer programmer (at a university’s I.T department), a researcher and inventor and a banker (in the wholesale bank division). The diversity of disciplines shows the complex mix of ideas and the great blend of knowledge. We are an ambitious team seeking to change the world to a better place – improving on what it is currently. We are not only interested in making money but doing business in a way that makes the world a better place because the corporate world has money and power to actually make this reality. Find us at: http://www.facebook.com/pages/Green-Re-cyclecom/305478899486836 and http://www.google.co.zm/url?sa=t&rct=j&q=integrated+waste+management:+Gr...
The knowledge, training and skill acquired while working in a world class bank with top notch managers, the ability to identify opportunity and articulate issues where they exist as well as being able to selectively determine what to invest my time and effort in make me an intrapreneur. The training, knowledge, determination, ambition, persistence and experience in the corporate world undoubtedly make me an intrapreneur
Finance, Insurance, Real Estate
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Start-Up (a pilot that has just begun operating)
The approach we are proposing creates value by making real change in people’s lives and adding real value. We help the bank stay in people’s minds for the long run in line with the bank’s brand promise “Here for Good”. As social intrapreneurs, we believe that business that makes a real change in people’s lives stands the test of time and makes a greater impact
This approach has shown that the major difference and benefit to an individual is that someone who deposits waste becomes a shareholder and has the rights to invest in whichever recycling business he or she chooses. Just as on the stock exchange, shares can be acquired on primary and secondary markets or by working for a recycling company. The bank can also act as a fund manager where pooled individual assets are invested on their behalf in stock indices or stocks of their interest. [See you tube and linkedin: weima , komptech , 2k manufacturing]
• Increased number of low income earners participating on the stock exchange
• Increased financial literacy
• Production of bio fuel
• Production of organic fertilizer
• Generation of electricity
The benefit we are creating for our bank is that which can not be obtained financially. Its value created by making real change people’s lives and adding real value. It’s a tool that the business world calls “Corporate Social Responsibility”. We help the bank stay in people’s minds for the long run.
The bank’s brand promise is to be “Here for Good”, to be here for the long run as well as to be here for every good cause. As much as it is strong, highly liquid and financially sound, the bank strongly believes in bettering lives of people and societies in which it operates. As social intrapreneurs, we believe that business that makes a real change in people’s lives stands the test of time and makes a greater impact. A classic example is that of Merck Pharmaceuticals. We would like to create such value for our bank leveraging on the skill, discipline, experience and expertise of the top notch managers and mentors within the organization.
Since the whole process will operate like a unit trust/fund, the management and administration fees collected will ensure sustainable financing of the project. In addition, a fee will be charged for waste collection to cover transport and other costs in the same way that municipalities operate. Increase the number of people depositing waste through this centrally managed system, i.e. people gather garbage and on given days they dump it at the designated sites. Influence government to introduce incentives to encourage companies to invest in such businesses. The government should introduce policies to ensure people deposit waste at designated areas/spots. Have good levels of efficiency to encourage people to support the project. Since the bank has expressed interest in adopting the good idea
Within the company, Standard Chartered Group has extended its support to its international graduates (management trainees who are highly talented and ambitious individuals groomed to be future leaders). The strong partnerships and networks created through the international graduate programme of the bank are key to success within the business circles as well as the banking industry.
The bank (Standard Chartered Bank) has opened its doors to support all social intrapreneurs with great ideas. So as long as the idea is good the bank will adopt it and finance. The bank has identified a group of talented individuals to whom it has opened its doors and extended its support in this regard.