Video: Pick Better Social Enterprise Ideas: The Impact-Viability Matrix
When considering several ideas for a potential social enterprise, you need to consider what ideas are more likely to create impact, and which ideas are more likely to create a financial return.
At Strategy Made Simple we use the Impact and Financial Viability Matrix to help teams visualize the differences between the ideas that they're considering.
(The numbers included on the graphic are just for example and the evaluation of any particular idea will be dependent on your situation and the economic and social environment.)
(Originally published Feb 2, 2022 on Youtube)
If you don't know what to do next as you're creating a social enterprise, Strategy Made Simple can help. We provide coaching, consulting, and workshops to help social enterprise teams get on the same page and move their ideas forward. If you or your team need help, please contact Matthew Rempel at Matthew@StrategyMadeSimple.ca
You can continue the conversation by joining Social Economy Connect. Social Economy Connect is a free mutual support platform for practitioners, social entrepreneurs, co-op members and developers and third sector supporters to discuss issues and solutions with a focus on social outcomes in the economy. Join here: https://social-economy-connect.mn.co
Contact Matthew:
Twitter: @MatthewRempel
Email: matthew@strategymadesimple.ca
Scripted, recorded and edited by: Matthew Rempel
Music provided by: epidemicsound.com
Do you have questions about Strategy Made Simple or have a coaching request? Please tweet @MatthewRempel or email Matthew@StrategyMadeSimple.ca.
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Strategy Made Simple: Keep it simple.
Transcript:
Coming soon