Impact Through Entrepreneurship

Impact Through Entrepreneurship

Sir Ronald Cohen

Father of impact investing

It's not enough to create a company that makes money. We need companies that address social and environmental issues. And this is where entrepreneurs can help. Join Sir Ronald Cohen as he explores impact through entrepreneurship and some notable examples.

It's not enough to create a company that makes money. We need companies that address social and environmental issues. And this is where entrepreneurs can help. Join Sir Ronald Cohen as he explores impact through entrepreneurship and some notable examples.

Now free to watch

This video is now available for free. It is also part of a premium, accredited video course. Sign up for a 14-day free trial to watch more.

Impact Through Entrepreneurship

10 mins 30 secs

Overview

We are in the midst now of a huge impact revolution that has the potential to disrupt business models across every sector. We are seeing young entrepreneurs across the world envisaging business models that address the social or environmental issues they are passionate about. The more these companies sell, the more positive impact they can create. One example would be OrCam, a company that manufactures a voice activated device that is attached spectacles. It can read text and recognise faces. This can revolutionise the lives of 35 million blind people and 250 million visually impaired people globally. But if we try and apply impact thinking (how can this technology help the maximum number of people across the globe?) you would see that it could also be used to aid 800 million illiterate adults in the world. Thereby helping a total of 1.1 billion people instead of 285 million.

Key learning objectives:

  • Identify how entrepreneurs are reimagining business models

  • Understand how tying profit and impact can create new business models

  • Outline how impact may affect how we pay for higher education

Join now for more

This video is now available for free. It is also part of a premium, accredited video course. Sign up for a 14-day free trial to watch more.

Summary
logo-animationlogo-animationlogo-animation

Join now for more

This video is now available for free. It is also part of a premium, accredited video course. Sign up for a 14-day free trial to watch more.

Expert
Sir Ronald Cohen

Sir Ronald Cohen

Sir Ronald Cohen is the Chairman of the Global Steering Group for Impact Investment, the Impact-Weighted Accounts Initiative at Harvard Business School and The Portland Trust. At the start of his career, he co-founded the private equity firm Apax Partners. In 2020, he wrote the bestselling book “Impact: Reshaping capitalism to drive real change”. Considered the Father of Social Investment, in 2012 he received the Rockefeller Foundation’s Innovation Award for innovation in social finance.

Related videos