Social impact

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    Self-sustainability: the dilemma at the heart of social entrepreneurship

Self-sustainability: the dilemma at the heart of social entrepreneurship

Social entrepreneurship is defined by the Organisation for Economic Cooperation and Development (OECD) as “the entrepreneurship that has as its main goal to address pressing social challenges and meet social needs in an innovative way while serving the general interest and common good for the benefit of the community. “In a nutshell, social entrepreneurship targets social impact primarily, rather […]

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    Corporations must help eradicate Covid-19 and facilitate social change

Corporations must help eradicate Covid-19 and facilitate social change

Earlier this week, 30 chief executive officers of Canada’s largest corporations urged every leader in the country to immediately shift focus to the singular objective of slowing the pace of transmission of the coronavirus. By sharing four key actions, their companies have committed to and encouraging other organisations to do the same, they’ve reinforced the “new normal” for businesses […]

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    How to demonstrate social value when you’re making a profit

How to demonstrate social value when you’re making a profit

Imagine. You’re the owner of a company that manufactures and sells green energy products. They’re a bit more expensive than the competition, but that’s the cost of ecology. You could rightly be described as a business making a positive impact on society. Your priority is turning a profit – it has to be – but you’re also in it […]

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    To improve corporate social responsibility, involve people with lived experience of social issues

To improve corporate social responsibility, involve people with lived experience of social issues

I have a confession: I help corporations to solve social problems that I’ve never actually experienced. I’ve never been without a home, never been in poverty and never experienced hunger. And, during my almost twenty years spent in boardrooms with people who want their companies to make a bigger difference in the world, there hasn’t been a single time […]