A Guide to the Impact Revolution
The Impact Revolution aims to align the minds of investors, philanthropists, entrepreneurs, social organizations, big businesses, governments, and of the general public to change the nature of our economic system towards a new ethos focused not just on minimising harm but on doing measurable good.
Around the world, there are a growing number of social and environmental challenges that we can, and must, tackle. Philanthropy, while important, does not offer a scalable solution. It can only do so much to assist governments as philanthropic donations are small relative to government expenditures.
But we also can not solely rely on governments and philanthropies to achieve social improvement, and instead must usher in a third force to accelerate the pace of change: the private sector. It is urgent that we access financial markets to harness entrepreneurship and innovation and steer them towards social change.
It is time for us all to gather around the new watchword for the 21st century: impact.
Based on 8 core beliefs and proposing actions on 7 different fronts, Sir Ronald Cohen’s latest book “On Impact: The Guide to the Impact Revolution” aims to bring together consumers, pension savers, entrepreneurs, managers and employees of companies, citizens and governments, and philanthropists, to take action and play a role.
You will find a link to download the full book below this article. It is a great place to start learning more about the role you can play in the Impact Revolution.
How do you see the role of impact in the global economy today? Do you have any ideas for how to align more people around the power of impact?