In the first episode, Mark Newberg, the firm’s Director of Impact Strategies, asked “What is Impact?” In part 2, the question is, “Where is Impact?”
The answer is that Impact is hidden in plain sight. Impact touches on such diverse sectors as agriculture, education, energy/environment, financial services, health, housing/community development, waste & water and good jobs.
The Impact Economy consists of for-profit, non-profit and governmental entities using proven management practices to harness the positive power of business to address endemic social issues. With a rapidly expanding market and an increasing number of participants, the idea of “impact” as an economic force has hit the mainstream.