Multi Sector Report: Wavemaker Categories in Solution Economy Analysis

This report examines the roles of key actors, including governments and organizations, in creating public value. It analyzes the influence of disruptive technologies, innovative business models, and knowledge sharing on solutions to societal problems. The report further explores various forms of organizations in the US and globally, categorizing them into profit-oriented and non-profit entities, as well as corporate and non-corporate entities. A specific wavemaker category, the business strategist, is identified and described, highlighting their role in the solution economy. The analysis incorporates insights from the provided references, offering a comprehensive overview of the multi-sector landscape and its key components.

Running head: MULTI SECTOR
Multi Sector
Name of the Student:
Name of the University:
Authors Note:

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Contents
Key actors and their roles in creation of public value:....................................................................2
Analysing the influence of disruptive technologies, innovative business models and knowledge
sharing on solutions to societal problems:.......................................................................................2
Various forms of organizations in the US and around the globe:....................................................3
A specific wavemaker category and its description and playing the role in the solution economy:
.........................................................................................................................................................4
References:......................................................................................................................................5

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Key actors and their roles in creation of public value:
The key actors in creation of public value include the Governments at various levels including
local government bodies, state and national governments, different departments of the
governments, organizations both profit oriented and non-profit organizations such NGOs and
other social bodies and others.
The roles of above key actors in creation of public value:
Government is the foremost important party to the process of creation public value as they have
the authority and power to take important decisions that directly affects the wellbeing of public
in a country. From developing infrastructure to taking public welfare measures governments at
various levels have the responsibility to create public value (Chandler & Werther, 2018).
Corporate or profit oriented organizations contribute to the process of creating public values by
providing different goods and services to the public in exchange of money. These organizations
also create employment opportunities and contribute to the growth and development of a
country. Non-profit oriented organizations including NGOs and other social bodies create public
value by serving the public at large.
Analysing the influence of disruptive technologies, innovative business models and
knowledge sharing on solutions to societal problems:
Disruptive technologies:
Disruptive technologies help in creating new market and value network to disrupt existing
market. Thus, disruptive technologies bring solutions to societal problems such as stagnation of
the existing market, lack of growth and others.

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Innovative business models:
Innovative business models help in creating value for business and the market. The growth of the
market is accelerated with innovative business models to provide number of solutions to various
social problems including reducing unemployment rate in the society, contributing to the growth
of GDP etc.
Knowledge sharing:
Knowledge sharing directly helps in dealing with number of societal problems such as creating
general awareness about various social problems including how to deal with social stigmas,
overcoming different barriers and dealing with other social issues (Eggers & Macmillan, 2013).
Various forms of organizations in the US and around the globe:
Mostly organizations in the US and across the globe can be primarily classified into two different
forms; these are profit oriented and non-profit organizations. Profit oriented organizations
include corporate and non-corporate entities that are established to earn profit from their
activities. Non-profitable organizations include NGOs and others generally carry out activities
that are specifically useful for the public in general.
Apart from that organizations can also be classified into corporate and non-corporate entities.
Corporate entities are entities established under respective legislations of different countries and
have separate legal identities whereas non-corporate entities do not have separate legal identities.

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A specific wavemaker category and its description and playing the role in the solution
economy:
Business strategist falls in specific category of wavemaker as can be understood from various
passages of the readings. A business strategist is assess the current business situation and analyze
the problems to come up with strategic solutions to the problems to help a business grow in the
future (Aigezi, Eggers, Macmillan, Maimilan & Li, 2014).
Certified Public Accountants and the firms are certainly one belong to the wavemaker category
who are playing this role in the solution economy over the years quite effectively.

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References:
Aigezi, Eggers, W., Macmillan, P., Maimilan, & Li, D. (2014). Zheng fu shi neng xia de xin jing
ji ge ming (3rd ed., pp. 15-20). Tai bei shi: Shang zhou chu ban.
Chandler, D., & Werther, W. (2018). Strategic corporate social responsibility (7th ed., pp. 12-
30). 7.
Eggers, W., & Macmillan, P. (2013). Solution Revolution: How Business, Government, and
Social Enterprises are Teaming Up to Solve Society's Toughest Problems (3rd ed., pp. 07-
18). Boston, US: Harvard Business School Press.