If you think you are too small to make a difference, try sleeping in a closed room with a mosquito. Making a lasting, positive impact in the world is not a result of throwing money indiscriminately at problems. It’s about a focused, calculated investment of resources guided by sustainable principles. Every person, whatever their means, has the potential to enact positive change. But how do they find their niche?
Meet Marco Nannini, CEO of Impact Hub and and senior advisor to Fabrique, social innovation incubators based in Milan, Italy. With 20 years experience in management consulting, start-ups, and investing, Marco is helping us rethink the dynamic balance between philanthropy, economics, and socio-environmental sustainability.
In this episode:
+ The fundamental difference between a conventional and a high-impact business is not in the way they operate; it’s in where they place their values.
+ Why the “if it ain’t broke, don’t fix it” philosophy should be questioned when it comes to sustainable business.
+ How Marco’s past experience in the telecom industry got him thinking about energy use and ultimately sustainable business.
+ How being coherent about your business’s underlying values will help you avoid the mistake of sacrificing impact for the sake of cost.
+ Two-for-one: How a popular shoe company thought outside of the box (literally), simultaneously cutting costs and reducing waste.
+ Why high ROI and high impact are no longer mutually exclusive in the venture capital market.
+ Where philanthropy falls short: why creating positive change in the world is as much about empowerment as it is about giving.
+ Marco’s personal inspiration: sailor Ellen MacArthur, who opened our eyes to marine plastic pollution and championed the idea of a circular economy.
“There are studies that show that it is possible to have return on investment if you do some impact investment or if you invest in something that has a positive impact.”Marco Nannini