Collaboration in fashion goes well beyond Kate Moss teaming up with Topshop. Forward-thinking brands co-create by working together with competitors and social entrepreneurs to design radical new projects and processes that lead to win-win-win situations.
Updates from Ingelheim: Crowning 7 'Co-Creation Pioneers for 2016'
Earlier this month, seven co-creation teams from around the world—each made up of one social entrepreneur and one Boehringer Ingelheim employee—traveled to Ingelheim, Germany, to pitch their health innovations live to a panel of judges. The three-day Co-Creation Summit was the first of its kind for Boehringer Ingelheim, with participants coming together to work on their business models, scalability and sustainability plans, and to fine-tune the win-win-win nature of these pioneering collaborations.
Given the complexity of current systems and the growing difficulties that lie in finding solutions to global challenges, societal players can no longer act single-handedly. While social entrepreneurs have powerful solutions and insights on societal issues, “scaling up” and reaching a larger audience remains a significant challenge. On the other hand, corporations are known for their capacity to operate at a large scale but have little knowledge about societal issues or disadvantaged communities.