By reorientating around creating beneficial social impacts, social businesses can play an essential role in improving society. Business is uniquely placed to provide the innovation, drive and investment that is needed to reshape our economy to meet the challenges of the Fourth Industrial Revolution.
In this report, the Social Market Foundation suggests that business performance is measured by more than just profit; measuring the wellbeing of stakeholders is an important factor in determining business impact. Several countries around the world are experimenting with new business structures and corporate governance models, setting aside entrenched positions and looking for collaborative solutions. The Social Market Foundation puts forward that allowing social businesses to expand offers the possibility of organic change with a strong voice for the consumer, worker and voter.
Download the full report here: https://www.smf.co.uk/wp-content/uploads/2018/05/From-Mission-to-Impact.pdf
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