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
3. How Lumi can work with SE?
4. Appendix
2. Why Lumi?
1. What is Lumi and what outcomes does it deliver?
Table of Contents:
Ensure all empmloyees are equally valued and included
Create equal opportunities
Promote sustainability initiatives in local communities
Empower local communities
Foster learning, upskilling, and development for each generation
Harness the power of all generations
Uphold to higest social, governance, and ethical standards
Live up to our principles of trust
Make the most of digital technology to preserve the planet
Be efficient with resources
Develop innovative solutions that deliver immediate decarbonization
Act for a climate positive world
- Drive genuine innovation with potential large grassroot level impact to change community mindsets & behaviours
- Enhance employee engagement by involving SE staff managers/leaders as SMEs in Lumi Quests
- Build an internal culture of innovation to problem solve on business challenges and sustainability matters.
- Upskill staff on data-led problem solving, critical thinking creativity, storyboarding and other skills of tomorrow
- Develop entrepreneurship, design-thinking and AI-readiness skills in fresh graduates, interns, and apprentices
How Lumi can Support SE
Our Understanding Of SE Objectives
Lumi seeks to support SE on its sustainability and skilling initiatives.
Product
- 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
Vision
Develop a million young entrepreneurs, leaders and changemakers with the skills and the network to shape the future.
Mission
Build the world's leading lifelong learning platform that equips young people with AI, entrepreneurship and design-thinking skills for the digital age.
Lumi: Our Purpose & Product
Build Foundational Digital Skills that also influence academic choices (e.g., STEAM)
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Showcase Skills Mastery for University Admissions or Apprenticeships
Learn and Earn by returning as innovation facilitators
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Use Lumi as a springboard to kickstart their careers as tech-entrepreneurs or professionals
Continue to develop skills with Lumi in their professional careers(to be launched in near future partnership with a leading UK university)
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Lumi helps young people at each stage of their journey from school to university and/or their first career move
*Based on a study conducted by Stanford BioDesign of participants from 2004 - 2021 (n=177)
78% of participants in leadership roles today*
>$1.2B Funding Raised
9.4 million people helped by innovations
56 Companies Founded
In 2004 Stanford University launched Biomedical Technology Innovation programme
Impact and Outcomes
The Programme Goals
- 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
"I co-founded Lumi to bring a unique innovation programme to harness the creativity of younger students in a scalable and equitable way "
Prof. Christopher Shen, Adjunct Professor, Stanford University; Co-Founder of Lumi
Lumi is adapting a highly successful innovation programme at Stanford University to develop digital skills in younger students
Topics linked to UNSDGs (e.g., Sustainable Cities, Climate Change, Health)
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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
The Quest is accredited by Stanford University affiliated institution
The Lumi Quest: A design-thinking-led journey
Product Design and Delivery
3+ years in Product Design
Darius FernandesProduct Design & DeliveryLondon
Univ. Of Birmingham Graduate with 5+ years in sustainability & education
Nefelie KalavrezouProduct Delivery, LumiLondon
Biz.Dev & Youth Skill Development
Member of House of Lords, Former MP & Cabinet Minister, UK
Seasoned Chair of Global Businesses, Knight
Lord Henry BellinghamChairmanLondon
College and Career Readiness, ex-College Board
Design Thinking & Innovation, Stanford University Prof
Ed-Tech & Multi-exit Entrepreneur,ex-McKinsey
15+ years in global education management, management consulting
Harish MenonVice President, InternationalDubai
23+ years as VC, Stanford Professor & World Leading Design Thinking Expert
Dr Christopher ShenCo-founder & Chief Innovation OfficerSan Francisco
23+ year track record in 5 startups. Recognised leader in global Ed-Tech
Prashant RaizadaFounder - CEO London
Lumi comprises a top-notch global team with deep experience in entrepreneurship, technology, and education
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
The Quest delivers three tangible outcomes for each participant
Click Image to Watch Video
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Watch A Quest in Action
Images show one innovation: a home network scanning app which monitors vulnerabilities for staff working from home
- 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
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Case Study 1: EY trainees in the UK developed innovative solutions in the cybersecurity space
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To Commence Soon
- 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
A major private health insurance company in the KSA
Case Study 2: Building a culture of innovation in the workforce and a community of potential customers throuhg Lumi Quests
UK's biggest mortgage lender
Nationwide: Greening UK Homes initiativeNationwide 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.
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Case Study 3: Driving the ESG agenda for the company by sponsoring Lumi Quests in underserved schools
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Incentivising users to buy less food to reduce waste!
Connecting care homes with schools globally for learning, in a safe way!
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!
Allowing locals to deliver food to the elderly & disabled!
Pre-ordered school meals to reduce food waste!
An interative curriculum building awareness on forms of equality!
Overall, over 80 innovations have emerged from Lumi's Quests some of which have significant potential as standalone businesses
Click Screens For Demo
Measure & improve your green impact while competing with friends!
Why Lumi
- 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
- 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
- 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
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Senior British Politician, Policymaker and Business Leader
Lord Henry BellinghamChairmanLondon
Global Design Thinking & Innovation, Leader
Ed-Tech & Multi-exit Entrepreneur
Dr Christopher ShenCo-founder & Chief Innovation OfficerSan Francisco
Prashant RaizadaFounder - CEO London
Lumi founders & chairman are highly accomplished leaders, with a proven track record as entrepreneurs, innovators and educators
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UN Conference of Parties
A Big Four Accounting Firm
A Global Healthcare Major
A UK Bank
A Major UK Bank
A Leading Tech. & Financial Info. Company
Talent-led collaboration to upskill apprentices and graduates with cutting edge future skills while solving sustainability challenges
A Global Tech Major
Impact & Outreach-led collaboration to run Quests with young people from the UK, India and Singapore and with deep involvement from employees as mentors
Knight Dragon- Global Real Estate Co.
Showcased by The Commonwealth at COP27 as a high impact venture to empower young people on the topic of Climate change
Impact focused collaboration with a UK Bank to run Future Cities & Inequality focused Quests for school students in the UK
Selected as a high potential startup within their Eco-Disruptive initiative, also sponsored to showcase innovations at the Cheltenham Literary Festival
Impact-led collaboration with Knight Dragon to run sustainability focused Quests for school students in the Greenwich Peninsula
Innovation and Impact-led collaboration with Nationwide to run Quests for underserved school students in NW England on the topic of Green Homes
Talent upskilling collaboration with a Big Four to run a quest for apprentices to develop Cybersecurity innovations
Lumi has collaborated with leading companies in multiple sectors globally (select examples)
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Lumi has also worked with leading schools globally
The Foundation School
UNITED KINGDOM & INTERNATIONALLY
- St Ignatius (UK)
- Hamiliton (Mexico)
- Purium Schools (South Korea)
- The Foundation School (India)
- Inventure Academy (India)
- Safa Community School (Dubai)
Lumi School Partners
- 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)
Recognized as one of 12 companies globally leading on gamifying education for youth, 2024
80+ innovations tackling global issues
Influenced over 10K peopleworldwide
Over 50% of participants are female
Lumi has worked with students in 14+ countries
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 Commonwealthat COP27
1500+ students have experienced Lumi
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Lumi has worked with over 1500 students from 10-25-age group spanning 14 countries
How Lumi can work with SE
- 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)
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
Internal Quests with SE Staff/Early Talent
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How Lumi can work with you
APPENDIX
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Aligned with Gatsby Benchmarks
Accreditations
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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.
- Senior Partner, Big Four Accounting Firm
- Kosmo Kalliarekos, Global EdTech Leader & Lumi investor
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
-Headmaster, Leading British School
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.
- Education & Skills Leader, top professional services firm
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.
- Mark Brayton, Interim CMO Nationwide
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.
- Cyber expert, 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.
Customer Feedback & Reviews
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Select Energy Transition innovations were showcased at COP27 in Egypt, 2022.See what happened here
The Commonwealth COP27 and COP28
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Click for Demo
Key Skills Developed by Lumi