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Lumi Overview for Schneider Electric

Prashant Raizada

Created on March 10, 2024

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Building critical future of work skills in 10-25-year-olds whilst accelerating sustainability goals
Table of Contents:
1. What is Lumi and what outcomes does it deliver?
2. Why Lumi?
3. How Lumi can work with SE?
4. Appendix

Lumi seeks to support SE on its sustainability and skilling initiatives.

Our Understanding Of SE Objectives

How Lumi can Support SE

  • Develop entrepreneurship, design-thinking and AI-readiness skills in fresh graduates, interns, and apprentices
Act for a climate positive world
Develop innovative solutions that deliver immediate decarbonization
Be efficient with resources
Make the most of digital technology to preserve the planet
  • Upskill staff on data-led problem solving, critical thinking creativity, storyboarding and other skills of tomorrow
Live up to our principles of trust
Uphold to higest social, governance, and ethical standards
  • Build an internal culture of innovation to problem solve on business challenges and sustainability matters.
Create equal opportunities
Ensure all empmloyees are equally valued and included
  • Enhance employee engagement by involving SE staff managers/leaders as SMEs in Lumi Quests
Harness the power of all generations
Foster learning, upskilling, and development for each generation
Empower local communities
Promote sustainability initiatives in local communities
  • Drive genuine innovation with potential large grassroot level impact to change community mindsets & behaviours

Lumi: Our Purpose & Product

Product

Mission

  • An AI-augmented platform that runs online & facilitated, design-thinking-led Quests
  • Participants develop novel tech-enabled solutions to real-world problems
  • And build nine skills across three pillars of entrepreneurship , AI & design thinking, showcased in a Future Skills Passport
  • Lumi offers a continous learning loop since participants can undertake multiple Quests and return as facilitators to guide others

Build the world's leading lifelong learning platform that equips young people with AI, entrepreneurship and design-thinking skills for the digital age.

Vision

Develop a million young entrepreneurs, leaders and changemakers with the skills and the network to shape the future.

Lumi helps young people at each stage of their journey from school to university and/or their first career move

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Use Lumi as a springboard to kickstart their careers as tech-entrepreneurs or professionals

Showcase Skills Mastery for University Admissions or Apprenticeships

Continue to develop skills with Lumi in their professional careers(to be launched in near future partnership with a leading UK university)

Learn and Earn by returning as innovation facilitators

Build Foundational Digital Skills that also influence academic choices (e.g., STEAM)

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Lumi is adapting a highly successful innovation programme at Stanford University to develop digital skills in younger students

In 2004 Stanford University launched Biomedical Technology Innovation programme

The Programme Goals

Impact and Outcomes

56 Companies Founded
>$1.2B Funding Raised
  • Use design-thinking to drive practice oriented and interdisciplinary education for Masters & PhD students
  • Develop breakthrough ideas, entrepreneurs & leaders using its links to the silicon valley
9.4 million people helped by innovations
78% of participants in leadership roles today*

Prof. Christopher Shen, Adjunct Professor, Stanford University; Co-Founder of Lumi

"I co-founded Lumi to bring a unique innovation programme to harness the creativity of younger students in a scalable and equitable way "

*Based on a study conducted by Stanford BioDesign of participants from 2004 - 2021 (n=177)

The Lumi Quest: A design-thinking-led journey

The Quest is accredited by Stanford University affiliated institution

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Topics linked to UNSDGs (e.g., Sustainable Cities, Climate Change, Health)

Live, facilitated sessions undertaken in 8-15 weeks or as a week-long hackathon

Up to 10 participants/Quest from across year-groups or a single one

Lumi comprises a top-notch global team with deep experience in entrepreneurship, technology, and education

Member of House of Lords, Former MP & Cabinet Minister, UK

Design Thinking & Innovation, Stanford University Prof

Ed-Tech & Multi-exit Entrepreneur, ex-McKinsey

Prashant Raizada Founder - CEO London

Dr Christopher Shen Co-founder & Chief Innovation Officer San Francisco

Lord Henry Bellingham Chairman London

23+ year track record in 5 startups. Recognised leader in global Ed-Tech

23+ years as VC, Stanford Professor & World Leading Design Thinking Expert

Seasoned Chair of Global Businesses, Knight

College and Career Readiness, ex-College Board

Product Design and Delivery

Biz.Dev & Youth Skill Development

Nefelie Kalavrezou Product Delivery, Lumi London

Harish Menon Vice President, International Dubai

Darius Fernandes Product Design & Delivery London

3+ years in Product Design

Univ. Of Birmingham Graduate with 5+ years in sustainability & education

15+ years in global education management, management consulting

The Quest delivers three tangible outcomes for each participant

They become part of a SE community to support each other's ideas and growth
They build skills to thrive at work and grow the business e.g., Intrapreneurship, Problem Solving, Data-Driven Decision Making etc. captured in a Digital Skills Passport
They develop solutions to real business & social problems through a rigorous process, which can be implemented

Watch A Quest in Action

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Click Image to Watch Video

Case Study 1: EY trainees in the UK developed innovative solutions in the cybersecurity space

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  • Lumi undertook a Quest on the topic of cybersecurity with EY trainees in the UK
  • Within two months, the participants delivered two high quality innovations
  • The final presentation led to the senior partners considering signifiant further investment to progress the innovations

Images show one innovation: a home network scanning app which monitors vulnerabilities for staff working from home

Case Study 2: Building a culture of innovation in the workforce and a community of potential customers throuhg Lumi Quests

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To Commence Soon

A major private health insurance company in the KSA
  • Innovations Quests comprising employees and university students, to come up with new ideas to solve critical business issues.
  • Sustainability focused Quests with schools & university students to build brand awareness & talent pipeline.
  • Quests linked to insurance products (e.g.,cybersecurity, animals) to drive customer acquisition through community building

Case Study 3: Driving the ESG agenda for the company by sponsoring Lumi Quests in underserved schools

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UK's biggest mortgage lender
Nationwide: Greening UK Homes initiative Nationwide teamed up with Lumi to put young people at the heart of the solution to tackle climate change. Lumi worked with underserved students from two schools in St. Helens, in NW England. Two innovations were showcased at COP27.

Overall, over 80 innovations have emerged from Lumi's Quests some of which have significant potential as standalone businesses

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Click Screens For Demo

Measure & improve your green impact while competing with friends!

An interative curriculum building awareness on forms of equality!

Pre-ordered school meals to reduce food waste!

Incentivising users to buy less food to reduce waste!

Offering grocers soon to expire food at discount - contributing a % to a good cause!

Win point & buy gifts for your virtual pet by taking shorter showers!

Connecting care homes with schools globally for learning, in a safe way!

Allowing locals to deliver food to the elderly & disabled!

Why Lumi

Lumi founders & chairman are highly accomplished leaders, with a proven track record as entrepreneurs, innovators and educators

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Senior British Politician, Policymaker and Business Leader

Global Design Thinking & Innovation, Leader

Ed-Tech & Multi-exit Entrepreneur

Prashant Raizada Founder - CEO London

Dr Christopher Shen Co-founder & Chief Innovation Officer San Francisco

Lord Henry Bellingham Chairman London

  • Member of the House of Lords, UK
  • Former Cabinet Minister under David Cameron
  • Former Parliamentary Under-Secretary of State for Africa
  • Member of Parliament, UK
  • Senior Adviser to J. Stern & Co. LLP, a fund management company – £2,500 per month
  • Non-executive chairman of Clifton Africa
  • Magdalene College, Cambridge University
  • Adjunct Professor of Medicine, Stanford University. Trained 200+ Fellows over 20+ years in a design-thinking le medical innovation
  • 25 years as a Life sciences venture capitalist with USD$2B+ in value creation
  • Founder, Singapore Biodesign, the first official partnership with Stanford Biodesign
  • Former physician, medical device inventor, venture capitalist passionate about entrepreneurship and innovation
  • BS, MS, MD & MBA from Stanford University
  • Ex-McKinsey serial entrepreneur with 24 years globally in ed-tech/tech/strategy
  • Founding team member of Infosys BPM, acquired by Infosys Technologies for $2bn
  • Founder & CEO, EnglishUp, Macmillan Publisher’s flagship digital venture & 3rd largest English learning co. in Brazil
  • Founding Operating Leader of Holtzbrinck- Macmillan $100m Digital Education Fund
  • Advisor to boards of several education cos.
  • Investment Banker at HSBC London
  • BS IIT- Varanasi, MBA IIM-Calcutta

Lumi has collaborated with leading companies in multiple sectors globally (select examples)

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A Major UK Bank

Knight Dragon- Global Real Estate Co.

A Big Four Accounting Firm

A Global Tech Major

Talent upskilling collaboration with a Big Four to run a quest for apprentices to develop Cybersecurity innovations
Innovation and Impact-led collaboration with Nationwide to run Quests for underserved school students in NW England on the topic of Green Homes
Impact-led collaboration with Knight Dragon to run sustainability focused Quests for school students in the Greenwich Peninsula
Impact & Outreach-led collaboration to run Quests with young people from the UK, India and Singapore and with deep involvement from employees as mentors

A Global Healthcare Major

UN Conference of Parties

A Leading Tech. & Financial Info. Company

A UK Bank

Selected as a high potential startup within their Eco-Disruptive initiative, also sponsored to showcase innovations at the Cheltenham Literary Festival
Impact focused collaboration with a UK Bank to run Future Cities & Inequality focused Quests for school students in the UK
Showcased by The Commonwealth at COP27 as a high impact venture to empower young people on the topic of Climate change
Talent-led collaboration to upskill apprentices and graduates with cutting edge future skills while solving sustainability challenges

Lumi has also worked with leading schools globally

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Lumi School Partners

UNITED KINGDOM & INTERNATIONALLY
  • St Ignatius (UK)
  • Hamiliton (Mexico)
  • Purium Schools (South Korea)
  • The Foundation School (India)
  • Inventure Academy (India)
  • Safa Community School (Dubai)
  • Kings College Wimbledon (UK)
  • Putney High School (UK)
  • Repton School (UK)
  • Donhead Prep School (UK)
  • Cowley International College (UK)
  • Charterhouse (UK)
  • De La Salle School (UK)

The Foundation School

Lumi has worked with over 1500 students from 10-25-age group spanning 14 countries

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1500+ students have experienced Lumi

Lumi has worked with students in 14+ countries

Influenced over 10K people worldwide

80+ innovations tackling global issues

Over 50% of participants are female

Recognized as one of 12 companies globally leading on gamifying education for youth, 2024

Identified Lumi as an emerging provider in the Ed-Tech sector, 2023Showcased at the Early Stage Investor Conference as a high potential ventureShowcased by The Commonwealth at COP27

How Lumi can work with SE

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How Lumi can work with you

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Internal Quests with SE Staff/Early Talent

External Quests with Students on ESG

  • Quest Topics: Service innovation, operational efficiency, user experience, ESG
  • Quest Duration: 8 weeks (2 1-hour sessions per week)
  • Quest Frequency: Once a Quarter
  • Quest Participants: SE employees or early/new talent
    • Inter-company vs. Intra-company
    • Within a country vs. Across regions
  • Quest Topics: ESG topics of national/international significance (Climate Change, Sustainable Cities, etc.)
  • Quest Duration: 3-4 months long
  • Quest Frequency: 1-2 Quests per Year
  • Quest Participants: School/University Students
    • Async Quest to select top 100 ideas
    • Live facilitation with the top 100 students (10 quests)

APPENDIX

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Accreditations

Aligned with Gatsby Benchmarks

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Customer Feedback & Reviews

Today it's become really difficult to differentiate between the thousands of graduates who apply to us. They have great degrees but they're missing real-world skills. Lumi is the way to help us pick them out.

There is a gap in the market to develop digital skills in young people from an early age. The Passport can be a new age credential for many young people from anywhere.

- Education & Skills Leader, top professional services firm

- Senior Partner, Big Four Accounting Firm

I really enjoyed observing how ideas in both apprentice teams evolved session after session. A project like this shows that co-operation centered around design thinking is simply very productive.

It is immensely encouraging that young people can come up with such well thought out solutions to complex global problems when given an opportunity through Lumi.

- Cyber expert, Big Four Accounting Firm

-Headmaster, Leading British School

Lumi is shifting the needle from assessment to skills and promoting peer-based learning. It's strength lies in augmenting rather trying to upend education

We’re proud to be the first corporate partner to work with Lumi– an organisation giving opportunity for youth to be front and centre in tackling the most important global issues.

- Kosmo Kalliarekos, Global EdTech Leader & Lumi investor

- Mark Brayton, Interim CMO Nationwide

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The Commonwealth COP27 and COP28

Select Energy Transition innovations were showcased at COP27 in Egypt, 2022. See what happened here

Future Skills Passport: A lifelong learning companion and proprietary credential that will "skill the emirate".

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Key Skills Developed by Lumi

Click for Demo