At the Institute, we see that effective Corporate Social Innovation occurs when firms strategically integrate four disciplines:
Giving Back to Society: when a firm shares their human and financial resources to strategically address social needs.
Aligning Profit and Purpose: when a firm’s clarity and conviction about their organizational purpose drives choices that result in both financial and societal success.
Engaging in Responsible Business Practices: when a firm manages their activities with accountability for positive impact for all stakeholders.
Advocating for Social Issues: when a firm engages appropriately on policy, government, and social issues.
Read this article to learn more about Corporate Social Innovation