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Linking Socio-Economic Impact and Business Strategy (London)

Event Details

Linking Socio-Economic Impact and Business Strategy (London)

Time: May 20, 2014 from 5:30pm to 7pm
Location: Standard Chartered
Street: 1 Basinghall Avenue,
City/Town: London EC2V 5DD
Event Type: 2014 series
Organized By: Business Fights Poverty
Latest Activity: Jun 3, 2014

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Event Description

Photo: Standard Chartered

The next of the Business Fights Poverty 2014 Series shared insights and experience of utilising development impact data to inform business strategy and decision making processes.

Speakers included:

  • Mark Devadason, Group Head of Sustainability, Standard Chartered
  • Roland Michelitsch, Global Head, Let's Work Partnership, Development Impact Department, IFC
  • Rene Kim, Partner, Steward Redqueen
  • Richard Morgan, International Government Relations Advisor, Anglo American

Moderator:        Lanre Akinola, Editor, FT This is Africa

 

A growing number of companies are measuring their socio-economic impacts to inform dialogue with their stakeholders in order to maintain license to operate, enhance the enabling environment, and strengthen corporate reputation.

 

The leaders are also looking for ways to link impact and business strategy – using socio-economic impact data to fuel product, service, and business model innovation and find ways of strengthening the value chain. Making this link is not always straightforward, and there is a need for companies to share experience and best practice, for example:

 

  • How has socio-economic impact data influenced business strategies?
  • What kind of socio-economic impact data were, or are, most useful?
  • What methodologies are best suited for gathering such data?
  • How can companies embed impact measurement into standard business practices like strategic planning and performance management?

Supporter:

Comment Wall

Comment by Paul Zille on May 13, 2014 at 10:05

Are you not able to broadcast the proceedings via skype or some sort of webinare format? For people outside of London (e.g. South Africa!) would greatly enhance our access to these kinds of BfP events...

Thanks,

Paul Zille

Comment by Business Fights Poverty on May 13, 2014 at 12:16

Hi Paul - we'll be publishing the video of the event soon after.  For videos and audio from past events, check out our Event Timeline.

Comment by Paul Zille on May 13, 2014 at 12:51

Thanks! Would be helpful if you advertised the publication of such videos in future newsletters. Best, pz


*Pro* Challenger
Comment by Caroline Ashley on May 31, 2014 at 7:07

It was an interesting event going well beyond the 'show and tell'. My blog with reflections is here: http://bit.ly/SlfEpL

Comment by Dwayne C Baraka on June 2, 2014 at 15:43

Really great event! The quality of inputs from speaker and audience continues to improve.

My reflections are also on my blog: http://www.dwaynebaraka.com/blog/2014/06/02/social-impact/

Comment by Julian Peach on June 3, 2014 at 1:21

Any chance of a written summary. I don't work in a country with great internet connections. I can read a posted doc though.

Comment by Business Fights Poverty on June 3, 2014 at 2:26

Hi Julian - yes it's coming soon!

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