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The Best of Social Impact: Must-read Articles of the Month (February 2019)

Social impact, entrepreneurship, and innovation — if it’s interesting news, you’ll find it here. These stories may not be the ones atop your news feed, but chances are they’re the ones you’ll actually want to read. Whether it’s opinions on creating positive social change – or the simply the valuable lessons learned along the way, here’s a round up of the past month’s most interesting articles.

Cultivating, Not Just Calculating, Social Impact

A new impact investing metric can not only help investors estimate the social impact of their investments, but also foster more thoughtful strategies for promoting social and environmental good.

Corporate Demand for Social Impact Measurement Rising

Corporate Australia is increasingly turning to social impact measurement and reporting, experts say, as global business leaders urge companies to embrace the link between purpose and profit.

Social Impact Investment 2019: The Impact Imperative for Sustainable Development

This publication provides new guidance for policy makers in OECD and non-OECD countries, as well as providers of development co-operation, development financers, social impact investment practitioners and the private sector more broadly, to help them maximise the contribution of social impact investing to the 2030 Agenda. In particular, it provides four sets of recommendations on financing, innovation, data and policy for delivering on the “impact imperative” of financing sustainable development.

Accelerating Indigenous Entrepreneurship: First Nations Leadership For Positive Social Impact

On February 4th, IMPACT BOOM hosted the First Nations impact entrepreneurship experience, bringing together Indigenous Australians for a workshop, networking and informative discussion on indigenous business in Queensland and more broadly in Australia. This article captures the lively panel discussion, which included Troy Casey, Kaylene Langford, Terri Waller and Leesa Watego.

Millennials Will Save The World

Tina Kuek, a senior policy officer at the state government of Victoria, shares her proof that millennials are taking charge and addressing the critical global issues of today.

Making Change Happen: 5 Marketing Lessons for Your Social-Impact Career

Unless “marketing” is part of your job description, you likely don’t identify as a marketer. However, Godin suggests thinking of marketing not as advertising, but as a force to make the world better through generosity, empathy, and emotional labor. Ultimately, it is a way to help the people you want to serve—just like social-impact work. Read how Godin’s marketing lessons can be applied to your social-impact career.

Tech for Good: Organisations Tackling Domestic Violence

Each week in Australia one woman is killed as a result of domestic and family violence. That’s a horrifying and tragic statistic. And totally unacceptable. Fortunately, the issue has been pushed into the spotlight thanks to the efforts of tireless campaigners. Continuing our Tech for Good series, this post highlights some Australian organisations that are using technology to help those at-risk of domestic and family violence.

Can Machine Learning Double Your Social Impact?

A look at what it takes to successfully deploy machine learning tools for social good and the most exciting opportunities ahead.

Businesses and Social Change: We’re at the Starting Point, Not the Finish Line

More than three-quarters of people worldwide want CEOs “to take the lead on change” instead of waiting for the government to act, according to the 2019 Edelman Trust Barometer. Is this a good idea for society? What would this kind of leadership look like, and how could it be achieved? The past can provide answers.

New Machine Learning Model Measures Social Impact of Large Corporate Investments

The Social Impact Measurement Model (SIMM) helps businesses make important decisions on where to allocate investments through a social lens.

Making Customer Research Pay-off for Your Social Enterprise

Hearing input directly from your customers can be daunting for a social entrepreneur. You’ve likely put everything on the line for an idea that you believe in and while you know that seeking input from customers can be valuable, it can be a confronting exercise! Many entrepreneurs avoid research because of this, but those who do know that the pay-off is big.

Social Entrepreneur Named Act’s Westpac Social Change Fellow

Twenty-six-year-old Nipuni Wijewickrema is still reeling from the news that she is one of the ten recipients of this year’s Westpac Social Change Fellowship, recognising her as an inspirational individual committed to creating positive change in Australia.

Griffith University Partners with QLD Social Enterprise Council and English Family Foundation to Grow Social Enterprise in Queensland

Griffith University’s Yunus Social Business Centre has announced a new partnership with the Queensland Social Enterprise Council, creating a unified front to further develop and strengthen the state’s burgeoning social enterprise sector.

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jay@socialchangecentral.com
Jay Boolkin

jay@socialchangecentral.com

I'm passionate about positive social change and the power of social entrepreneurship to tackle some of the world’s biggest problems. I believe that for-purpose business models can become part of the mainstream and I am enthusiastic about advocating for business models that are genuinely built around a social or environmental mission.

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