Failures may feel scary, excusable and something to ignore – but they also provide insights into how to use resources better. Adam Richards, Bonnie Chiu and Jeremy Nicholls on rewiring our thinking to account for unintended negative outcomes.
The financial accounting system we use today is hurtling towards irrelevance, undermined by the very inequality to which it has contributed. It's time to change how profit is calculated – before it's too late.
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.
The woman who acts as a contact point between the social enterprise and voluntary sector and the UK government emphasises the economic case for the role of the sector in delivering public contracts at the UK National Social Value Conference.
Different tribes of the impact economy are converging as the ESG movement hots up and impact-focused leaders open arms to their fellow problem-solvers. We report from a recent Social Value International event.
In his latest Nicholls & Dimes column, Jeremy Nicholls applies Monty Python’s analysis of the Roman Empire to current challenges of reporting performance on ESG and corporate impact – and concludes that charities already have the answer.
In the latest in our Nicholls & Dimes column, social value expert Jeremy Nicholls explains why audit and assurance are the heroes we need on our quest if we are to understand what impact is and how to grow it.
We need ‘warrior accountants’ who must do more than help “standardise ESG”, warns Jeremy Nicholls. The risks of depending on declining environmental resources or below-standard working conditions must also be “managed and reported".