Mar 11th, 2011 Social Impact
This week, IDEO announced they will be spinning out IDEO.org as a standalone nonprofit organization this fall under the leadership of Joceyln Wyatt and Patrice Martin.
IDEO is not the first blue-chip professional services firm to spin off a nonprofit arm. In 2000, Bain & Company incubated The Bridgespan Group with deep financial and human capital start-up support and continues to provide funding and access to technology resources at below-market rates.
So what can IDEO.org, spun off arguably the world’s leading design consultancy, learn from the veteran success stories of their predecessor?