Tri-Sector Equation

Where are there aligned interests? A free tool to strengthen the business model for better results and greater impact

Aligning self-interests across sectors to repurpose resources and  create mutually beneficial models is a cornerstone of tri-sector innovation. Tri-Sector strategies that harness aligned self-interests are more scalable and self-sustaining over time and can more readily access resources.

The Tri-sector Equation (TSE) is a tool to help you create a tri-sector strategy that will add impact and strengthen your business model or concept. The TSE is an excellent complement to the Business Model Canvas, Lean Canvas, the TSI Canvas, and any innovation process.

The TSE enables exploration of a range of viable “give and get” relationships between all three sectors in order to find the most promising combinations for a sustainable solution design with impact.

How it works

The TSE, helps you combine and align resources and self-interests to create a tri-sector strategy.

The TSE is designed to help you:

• Create a tri-sector strategy in which each organization contributes to and benefits from the model

• Delineate how self-interests will be aligned and harnessed

• Evaluate fit for resources and orgs based on factors like alignment of self-interests, accessibility of resource, and more

• Crystallize the roles each sector will play in your model/strategy

• Re-imagine and plan how existing resources will be repurposed in in your model/strategy

In contrast to the TSIC, where one identifies potential orgs and resources that could contribute to a strategy, the Tri-Sector Equation is used to develop a firmer plan.

Working in the Tri-Sector Equation, you will build your tri-sector strategy by adding organizations along with their resources that you think have potential for your tri-sector strategy. Your strategy should ideally feature at least one organization/resource from each sector (private, social, public).

Screenshot of a tri-sector strategy plan underway using the TSE

For each resource and organization, you’ll delve into:

• what resources each organization will contribute to the strategy

• what benefits each organization will receive from the strategy

• why and how each organization and resource functions in your concept or model

• what bottleneck or opportunity is targeted

• how resources might be accessed

• how each organization’s interest aligns with your model and any considerations

TLDR

Tri-Sector Equation is a tool to help you create a tri-sector strategy that will add impact and strengthen your business model or concept

• Specify ‘give-get’ for organizations in the business model

• Evaluate fit for resources and organizations

• Crystallize the roles each sector will play

• Plan how existing resources will be repurposed