What is this for?
The social impact wheel (formerly known as the future impact wheel) helps you identify whether your organization is acting in a socially responsible way.
It enables you to look at your company’s innovation strategy and judge it based on the different impact values – equality, community, empowerment, and environment.
Use this tool to find out what you’re doing well (and where you’re on track to have a positive impact), where you can improve, and which impact values are of lower priority. In doing so, you will be able to determine whether your organization is contributing to a better future.
Why? Because we observed a need for companies to consider integrity when formulating innovations.
Innovation strategists need to think about more than just bottom lines and future growth. Not only will taking social responsibility into account protect your company’s reputation going forward, but ensuring your innovations benefit society at large is the only way to be sure that they’re future-proof.
Score your organization on each of the 4 impact categories.
How do you want your organization to evolve in the future? Write down initiatives that would bring you closer to your goals.
Social impact wheel
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