Can We Buy Social Impact?

I’m writing this week to say congratulations to our newly elected Members of Parliament, and to bring social procurement to their attention as an issue that ties together economy, environment, and social inclusion—all issues that were pivotal in the campaign period and the various party platforms. All parties agree that businesses and markets thrive under clear, predictable rules and regulations. …

Purpose and Accountability: The Carrot and Stick of Social Impact

Social entrepreneurs are about more than making money. We have loftier goals than mainstream, profit-maximizing business organizations—and that sense of purpose is powerful. New hires are attracted by purpose. Leading investors demand purpose. Purpose brings teams of diverse people together. It’s an essential part of leadership, culture, and storytelling, especially in times of crisis. Purpose sits at the heart of …