Despite ample financial resources, deep knowledge of the system and a large network of medical and behavioral resources, our founder Vijay Murugappan lost the mother of his children, the woman he married 20+ years ago and a caring pediatrician, to years of mental illness and associated complications.
"We did everything right and were well-supported by our friends and family, but couldn’t prevent the tragic outcome. As I shared my story with close friends and acquaintances, I was saddened by how many people had similar experiences, including various colleagues".
Acute social issues such as unmanaged mental illness, domestic violence, substance abuse, crime, racial injustice etc., have devastating effects on individuals and families, but also have the power to destabilize societies as a whole. Billions of dollars are spent by governments, religious institutions, non-profits and social enterprises to address these issues, yet they remain largely intractable with only modest progress.
Despite best efforts, caring individuals, financial investments and so on, most organizations fail because three critical elements seldom come together effectively:
We at FQA are eager to “put our shoulder to the wheel,” adding our consulting and research capabilities to these efforts to address vital social issues.
To help eradicate acute social ills
We intend to create a high-performing ecosystem that brings together academic research, non-profits, start-ups and corporations to invent, incubate and implement long-term, data-driven solutions to systemic issues.
We will achieve this objective by taking a new approach to addressing the three pitfalls of social enterprises:
"identifying deeply buried systemic issues vs. surface level symptoms"
Taking advantage of human and AI-centered research to unearth core systemic issues worth solving. Primary research, secondary research, ethnographic studies, university grants, data-analysis collaborations with large corporations, and other avenues will contribute to 'knowing'.
"having the financial and human capital resources and perseverance to execute"
Using advanced strategic frameworks to identify and implement solutions to core issues. Solution approaches span assembly of existing solutions, incubation and/or enhancement of nascent solutions, creation of entirely new start-ups or enterprise solutions, and so on.
"sustaining an enduring business that is financially viable and outcomes driven"
Applying FQA Consulting team's business model development framework, actuarial and financial modeling expertise, and M&A expertise to create and sustain economically viable business models that attract investors and provide commercial returns in line with for-profit entities.
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