The common denominator is: increasing social impact.
TKD advisory supports organisations — (social) entrepreneurs, non-profits, government, and philanthropic organisations — that work on societal challenges and want to increase the impact they have on society. We do that from three distinct areas of expertise, but all aimed at the same objective: increasing social impact.
The discipline of getting the problem right before solving it. Most advice works by analogy: where have we seen this problem being solved before, and try to implement that on your problem. By systematically stripping down the problem to what we know is true, questioning the underlying assumptions and discovering the First Principles before working towards a solution, First Principles Thinking offers a way to create new and bespoke ideas to tackle societal challenges.
This way of working has a small investment at the front of a project but saves resources in costly re-iteration rounds of trying to change someone’s solution to your problem.
Read more about First Principles Thinking →The value an organisation creates for society. Grounded in a body of academic work beginning with Mark Moore at Harvard, public value asks what an organisation is for, who authorises it to pursue that purpose, and whether it has the capacity to deliver. It applies to any organisation that asks the public — through funding, exemption, subsidy, procurement or goodwill — to support its mission.
Read more about Public Value →Looking at prosperity beyond solely the economy. Creating a durable social impact in an area requires an integral look at the state of an area, and an approach that takes into account the side effects on other aspects of life. Broad prosperity is the practice of defining and measuring welfare across social, environmental and economic dimensions, so that trade-offs become visible rather than averaged away. This shift is happening in Australia at the federal level, through Measuring What Matters, but it matters most at the local level. Close to the people.
Read more about Broad Prosperity →First Principles Thinking is a method to define a problem. Public value is a lens to determine what an organisation is for and to whom it answers. Broad prosperity is a measure to show a community what the organisation is actually doing for them.
In practice, they reinforce each other. A public value analysis that never questions the framing of the problem will produce a well-argued answer to the wrong question. A broad prosperity picture without a public value conversation gives a council data and no way to decide what to do with it. And problem definition without a measure of the current state is guesswork with better vocabulary.
What connects them is the purpose. TKD advisory exists to help organisations increase their impact on the societal challenges they have taken on.