How to measure social impacts for business

    Lisa B. Nelson: Impact measurement for bottom-line success

    Companies that want to do good often struggle to fully understand how their development programs are actually helping them make money.

    So how can firms monetize social impacts for bottom-line profit?

    There’s no concrete formula or one-size-fits-all solution, Lisa B. Nelson, interim president and chief executive of the Initiative for Global Development, said in a video interview with Devex Editor Rolf Rosenkranz.

    Click on the above video for more insights from Nelson on measuring social impacts.

    Want to learn more? Check out She Builds and tweet us using #SheBuilds.

    She Builds is a month-long conversation hosted by Devex in partnership with Chemonics, Creative Associates, JBS International as well as the Millennium Challenge Corp., United Nations Office for Project Services and the U.K. Department for International Development.

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    About the author

    • Carlos Santamaria

      Carlos is a former associate editor for breaking news in Devex's Manila-based news team. He joined Devex after a decade working for international wire services Reuters, AP, Xinhua, EFE ,and Philippine social news network Rappler in Madrid, Beijing, Manila, New York, and Bangkok. During that time, he also covered natural disasters on the ground in Myanmar and Japan.

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