VIDEO & PODCAST: How does a social business deal with uncertainty? And after that, how do you know what impact you are making? In part 3, social entrepreneur Louisa Ziane and advisor Eddie Finch call for honesty, transparency and imagination.
How to get honest feedback, get your mentors on board, and make big changes a bit less scary: the director of award-winning social enterprise Breadwinners tells us what he's learned about impact management.
Social Value International adds explicit requirement to ‘be responsive’ – as too few organisations have reached the stage of managing, not just measuring, their impact.
Efforts to engage stakeholders are sometimes ok, sometimes awful, says our columnist. Twelve failings to avoid – and how a focus on power and rights can make engagement matter.
Impact investors have a long way to go to get impact management right. They need to get better at it, or risk meeting the same fate as ESG investing – being branded as a scam – and fail in their mission to save people and planet.
Just 28% of BlueMark's US$160bn-strong sample commit to “critical” practice, with impact investors that target below-market rates scoring better overall on impact management practices than market-rate peers.
Head of Harvard Business School’s Impact-Weighted Accounts Project sets out his vision for true impact transparency as he emphasises that existing sustainability accounting approaches focus too much on risk.
Data-savvy entrepreneurs connect better with their customers and run healthier businesses. But social startups often lack technical knowhow. The Miller Center for Social Entrepreneurship wants to change that – but it faces a learning curve, too.
Progressive investors have long grasped the need to measure their impact at both investee and investor level. But there's a third level at which they can make a difference, as new research finds – even if measuring this isn't easy.
