7D6 analysis
What is the impact on the stakeholders?
What is the impact of our business decisions, products, services and activities, the operation of the business in general, on all its stakeholders?
Is there any other value we generate other than financial?
How can we make it human-centeredness tangible?
With an effective impact measurement system in place, the business can benefit from improved decision-making, increased transparency, enhanced accountability, better resource allocation, strengthened stakeholder relationships, and the ability to demonstrate and communicate the positive impact of social initiatives.
By adopting best practices in impact measurement and ensuring that business growth does not detriment the local community or the broader planet, companies can achieve a win-win scenario in which they not only thrive but also contribute significantly to a better, more sustainable world.