Companies have tried to upgrade traditional CSR programmes, but all too often they have limited impact and very rarely produce transformational change.
Companies need to partner with a ‘catalyst organisation’ to engage actors from multiple sectors to generate economic and social value.
Investment funds favour safe projects. One solution is to find capital from organisations that already have a mission to create inclusive growth ecosystems.
Building an ecosystem is not for the fainthearted. Shared metrics provide accountability and the foundation for governing this ecosystem.