Paul Herman

HIP Investor

HIP Investor

HIP Investor is a financial startup changing the world through HIP Scorecards and HIP investment indices that track quantifiable eco, social and human impact and how it drives profit.

• Startup type: Company
• Status: Active
• Stage: Growth

Globally experienced entrepreneur who builds and scales new ventures with “Human Impact and Profit (HIP).” Collaborative coach and manager – in business, non-profit, and government environments. Lead cross-sector teams that deliver innovation and high-impact results. Develop long-term, joint-value partnerships across cultures, sectors and industries. Persuasive, diplomatic communicator – experienced spokesperson with TV, print, and on-line press.

INNOVATION, NEW PRODUCTS AND SCALING VENTURES
• Created HIP Scorecard and methodology; build HIP investment indices and portfolios; enabling investor capital shift to ventures that deliver Human Impact + Profit, benefiting society with financial returns.
• Designed investment strategy for eBay founder’s $400 million venture capital and philanthropy fund.
• Founded, grew and sold consumer finance firm; zero to 30,000 customers and 55 partners in 3 years.
• For Fortune 500 clients, delivered results and value to clients by orchestrating groups of up to 12 senior executive and middle managers into productive, outcome-oriented teams.

RESULTS MEASUREMENT, SCORECARD DESIGN AND IMPLEMENTATION
• Designed and implemented balanced scorecards, including HIP, for tracking human impact, profits and other outcomes for Fortune 500 companies, private companies and CEOs, and large investors.
• Rolled out across multiple product lines and channels systematic business-results scorecards.
• Implemented scorecards in a difficult government environment for federal, state and local scope.

CROSS-SECTOR EXPERIENCE IN BUSINESS, NON-PROFIT AND GOVERNMENT
• Advised and consulted to Boards and executives of Fortune 500 companies globally.
• Executive at leading global non-profit, and grew revenue and impact by 58% in two years.
• Launched social-investment Portfolios integrating Ashoka’s human, intellectual and financial capital.

LARGE-SCALE PROGRAM AND PROJECT MANAGEMENT
• Managed consulting programs and projects to consistently realize results of 10%-15% revenue growth, 40%-50% cost reduction, and 80%-90% time compression, while also boosting quality by 100%-250%.
• Led needs-assessment, selection, procurement, negotiation and implementation of global systems. supporting fundraising, programs and recruiting. Delivered 2 world-wide platforms at 90% cost savings.
• Launched Web-based, open-source, two-way collaboration system among 150+ world-wide staff and 1500+ entrepreneurs to share knowledge, increase collaboration, and speed decisions in all processes.
• Implemented dramatic performance improvement for government clients: Managed large program of 12 teams at U.S. Dept. of Energy’s Hanford Nuclear Reservation, reducing annual costs by $120 million.

Employer:	HIP Investor Inc., San Francisco, CA
Position:	Founder and CEO
Time period:	January 2006 - Present
Description:	Investment indices for investors, and advising companies and entrepreneurs seeking “triple bottom line” results. • Analyzed in-depth more than 500 public corporations; rated and ranked according to HIP Scorecard. • Published breakthrough insights in Fast Company magazine in 2007 and 2008. (See Publications section.) • Developed HIP 100 and HIP 30 investment indices, which consistently outperform the S&P and DJIA. • Serve institutional, individual and corporate investors seeking to realize Human Impact and Profit. • Consult to organizations to maximize their Health, Wealth, Earth, and Equality outcomes while also generating compelling financial results (higher revenue, lower costs, optimal taxes, increased market value). • Corporate clients include Walmart (supplier sustainability scorecard) and NIKE (green exchange).

Employer:	Omidyar Network; Redwood City, CA
Position:	Director of Strategy
Time period:	January 2005 - December 2006
Description:	World-wide mission-based investment fund, focused in microfinance, enabling technologies, open source, and collaborative communities, integrating a multi-sector portfolio delivering financial and social returns. • Designed investment strategy and performance measurement of $400MM fund, seeking profit and impact.

Employer:	ASHOKA: Innovators for the Public; Arlington, VA
Position:	Chief Development Officer
Time period:	January 2002 - December 2005
Description:	Global organization enabling economic and social impact in the fields of health, education, environment, economic development, human rights and civic participation through systems-changing solutions led by entrepreneurs. • Grew revenue from $12MM to nearly $20MM in two years; increased fundraising capacity for 40 global staff.

Employer:	Strategic Management and Implementation Consulting, San Francisco, CA
Position:	Work experience
Time period:	January 2001 - December 2002

Employer:	iCanBuy.com, Inc. (acquired by MainXchange.com), SF, CA and New York, NY
Position:	Founder/Chief Executive Officer at iCanBuy. Sold to larger private company
Time period:	January 1998 - December 2001
Description:	• Founded new financial-services industry niche ($200 billion market size). o Secured 55 trusted corporate partnerships, acquired 30,000 customers, retained them with loyalty points. • Recognized as industry leader: three CNN appearances and featured expert on Crossfire; New York Times; Washington Post; Wall Street Journal; Time; and BusinessWeek, as well as numerous trade publications.

Employer:	CSC Index Consulting, San Francisco, CA and Sydney, Australia
Position:	Work experience
Time period:	January 1992 - December 1998
Description:	• Built teams to grow revenue, profit and intellectual capital at leading business-reengineering firm o Co-founded Energy Practice (oil, gas, electric utilities) and co-built a $30 million consulting practice. o Launched pioneering program of Research Associates, spread concept to a dozen global offices, trained 40 new recruits, created a $1 million profit center, and leveraged time and skills of senior staff.

Employer:	McKinsey and Company, Inc., Washington, DC, and Mexico City, Mexico
Position:	Work experience
Time period:	January 1989 - December 1991
Description:	• Built incentive regulation models for energy companies and regulators; analyzed strategic growth opportunities.

University:	The Wharton School
Time period:	1989
Degree:	Economics, BSc

Articles:

http://www.hipinvestor.com/category/news/ • “The HIP Scorecard” – Comparison of 21 large public companies, from GE to Walmart, evaluated on how well they deliver Human Impact + Profit (HIP) ™, Fast Company magazine, April 2007: http://www.fastcompany.com/investing/2007/ • “Big Oil” – HIP analysis of the top 10 global energy companies, Fast Company magazine, February 2008: http://www.fastcompany.com/investing/2008/ • Books recognizing HIP Scorecard * Nobel Peace Prize winner Muhammad Yunus, “Creating a World Without Poverty: The Power of Social Business”, HIP a leader in measuring social impact (page 177). * SVT Group, “Catalog of Approaches to Impact Measurement,” HIP a core tool for managing business value. • Quotes about HIP in media, both in print and online Wall Street Journal – Kevin Delaney, on the net human impact of google.org. Forbes – Lisa LaMotta, interview on employee engagement in sustainability. INSEAD Knowledge – Rahilla Zafar, interview about Walmart and supplier sustainability. BusinessGreen.com – Danny Bradbury, interview on Solar Stimulus, and Cleantech funding. Celsias.com – Leslie Berliant, interview about HIP investing and corporate sustainability. Treasury and Risk – Anne Field, supplier scorecards and sustainability. Prachachart Thurakit (Thailand) – on how HIP drives business value. • Public speaking on the HIP Scorecard Net Impact annual conference, panels, and webinars – 2006-2009, US and Europe Sustainable Brands conference, 2008-2009 Social Capital Markets, 2008-2009 Cleantech Network, 2008 Fulbright Scholars, 2006-2008 Commonwealth Club of San Francisco – Feb. 2008 EcoTuesday networks – Dec. 2008 Deloitte Consulting – Summer and Fall 2008 Investor Roundtables and Online Webinars – monthly during 2008 and 2009 Stock Exchange of Thailand – January 2008 Triple Bottom Line Investing (TBLI) conferences, Paris, 2006-2007 • Judge for competitions evaluating businesses with social impact and eco-benefits Global Social Venture Competition, 2005-2007, including Social Impact Assessment GSVC Southeast Asia, 2008 and 2009, including Social Impact Assessment Fast Company magazine: “Profits with Purpose,” 2007 Stanford U. BASES E-challenge, 2009 • University speaking and guest lectures (CA) GreenMBA at Dominican, Presidio School of Management – MBA and ExecEducation Stanford, UCal-Berkeley, UCal-San Francisco, Univ. of San Francisco, and SF State (MA) Harvard and MIT Sloan (NY) NYU-Stern, and Columbia business schools (PA) Wharton/UPenn (IL) Kellogg/Northwestern, and Univ. of Chicago (NC) Duke U./Fuqua and UNC-Chapel Hill Kenan-Flagler • Monthly HIP webinars – on investment topics, building off the book’s “how to” method See www.HIPinvestor.com for YouTube video examples

Hobbies:

• Photography: Published travel photographer in the Washington Post, Los Angeles Times, Denver Post, Christian Science Monitor and San Francisco Chronicle Magazine. • Travel: Have worked and lived full-time in Mexico City and Sydney Australia; through business and touring, have visited 40 countries (Africa, Asia, Europe, Middle East, Latin America) and 45 US states. • TV: Game show contestant on “Who Wants to Be a Millionaire,” March 9, 2001.

Memberships:

• Advisory Board: NetImpact.org, world-changing business professionals; DesignThatMatters.org, low-cost design for all the world’s citizens; MobileMetrix.org, mobile applications to serve the uncounted 1 billion. • Board of Directors: Vipani.org, systems-changing approach to agricultural markets • Investment Committee Member: Patient Capital Collaborative venture fund, by Investors Circle