Social Impact Management Framework
Commitment to positive corporate social performance has become a baseline expectation regardless of company size, industry, or scope of operations. However, there is a big difference between how a traditional business focused exclusively on generating economic returns, and a social profit business using traditional marketplaces to generate social returns, will approach designing a social impact program.
The tools below are helpful in understanding where your organization is currently positioned along a spectrum and provide some context for envisioning what's possible. Depending on goals, resources, and maturity, an organization may elect to position itself at one end of the spectrum or the other. This is not a comprehensive self-assessment, rather a starting place for conversation with your team about managing your organization's social impact.
Building your framework
Whether your organization is starting its sustainability journey or looking to enhance an existing program, there are some basic steps in building a contextual framework that works for your business and your stakeholders. The roadmap below outlines those steps and some prompting questions to help set strategy in context and determine the more practical elements of a social impact program.