Leading voices from UK social enterprise, co-operatives and social investment have raised concerns over a “landmark” definition of the ‘impact economy’ that risks alienating a number of impactful organisations.
Impact Europe today revealed the name of its new chief: Angela Wiebeck, praised for “building bridges” between mainstream finance and impact over her two decades at UBS and Aquila Capital. She speaks to Pioneers Post from Brussels.
OPINION: There’s a message blowing across the Atlantic that the business of investment is to maximise return, and considering people and planet is woke nonsense. This argument is outdated, says GSG Impact chair Nick Hurd.
INTERVIEW: Putting a price tag on a company’s social and environmental impact is the only way to demonstrate its true profit and loss, believes Sir Ronald Cohen, who is now focusing on driving forward the next accounting revolution.
The most successful social enterprises will have broken down the doors of a disused building and used them as tables. They'll also be able to tell a fantastic story.
It's often tempting to think 'I'll just do it, it'll be quicker' when it comes to running a social venture with limited resources – but if this happens all the time the alarm bells should start ringing because it can be detrimental to business success.
Impact measurement is a tool, and like any other tool it can be used for good or ill. Are we using it to concentrate power in the hands of the few, or to empower the many?
Public sector innovation needs to be big, bold and systems-changing if people are going to receive the highest standard of care. But it doesn't always take extreme measures.
The simple act of surrounding yourself with the people who share your values and goals and will tell you the truth is underrated. It could be the key to your future success.
Nobody is saying you need to hire mystic meg, but if your aim is to be a succesful social enterprise, you need to be able to see your business into the future.
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