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Beyond Strategic Planning, Strategy is creating value, with Prof. Brent McKnight

Impact Conversations

Release Date: 02/20/2020

The future of work in the recovery: relationships and networks in East Scarborough Works  with Ajeev Bhatia and Gillian Mason show art The future of work in the recovery: relationships and networks in East Scarborough Works with Ajeev Bhatia and Gillian Mason

Impact Conversations

Thanks to , Manager of Policy / Community Connections at Centre for Connected Communities and , a consultant and urban planner working with Connected Communities,  for talking to us about the amazing work underway at East Scarborough Works.    In this conversation, Ajeev and Gillian describe the unique opportunity we have now to build on what we know from poverty reduction and community development to strengthen neighbourhoods and draw on the assets of our communities in the recovery.   In the project large institutions like the University of Toronto...

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Building Better Communities: The B Corp Model with Craig Ryan, BDC show art Building Better Communities: The B Corp Model with Craig Ryan, BDC

Impact Conversations

Are you proud of how your successful organization makes your community a better place to live? Do you want to be? Craig Ryan, Director, Purpose Entrepreneurship, leads BDC’s team to help grow Canada’s national movement of certified Beneficial corporations (B Corps). He shares with us how this thinking fits with B Corp leaders, what he sees as the resilience of B Corps and the importance of this as a model for more organizations as we come out the other side of COVID-19, with people more connected to people and place, and the impact they can make on their community.  While B...

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Decent Work and the New Economy Post-Recovery, with Derek Cook and Kate Siklosi show art Decent Work and the New Economy Post-Recovery, with Derek Cook and Kate Siklosi

Impact Conversations

Derek Cook, leader of the Canadian Poverty Institute also leads a Collective Impact Initiative, the New Economy Roundtable.  He's joined by Roundtable member Kate Siklosi of the Ian Martin Group (a B Corp), in discussing their focus on increasing the number of people in "decent work" in Ontario, and how this focus is even more important coming through the COVID crisis into both economic and social recovery.      Resources: New Economy Roundtable:  Canadian Poverty Institute:  Ian Martin Group:  UN Report:   McMaster Research - Poverty and...

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The pandemic: some sources of information and inspiration, and our thanks. show art The pandemic: some sources of information and inspiration, and our thanks.

Impact Conversations

This is very short episode, given where we are in Canada (and around the world) with the CoVid19 pandemic.    Good information is really important in an emergency- we have been relying on many of our partners and friends and clients, and our leaders in Canada, for information.    The following are some of the great sources of information and inspiration we have been relying on:        : city, provincial and national sources of information and mental health supports in Toronto and Ontario.     Washing our...

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People are Thriving - A Measurable Outcome Focus with Angie Peters, CEO YSM show art People are Thriving - A Measurable Outcome Focus with Angie Peters, CEO YSM

Impact Conversations

In this episode, Lynn interviews Angie Peters, President & CEO at the Yonge Street Mission (YSM) in Toronto.    YSM has identified a focus beyond activities, on outcomes – the results the people they work with are striving for.  They have labelled this outcome as "people thriving", and Angie shares the framework they use, based on research, that identifies the key elements and milestones for each element for a  person to be thriving.  These include elements such as family stability, employment readiness and having a sense of power.  They have taken something...

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Beyond Strategic Planning, Strategy is creating value, with Prof. Brent McKnight show art Beyond Strategic Planning, Strategy is creating value, with Prof. Brent McKnight

Impact Conversations

In this episode, Lynn interviews Dr. Brent McKnight, Associate Professor in Strategic Management at McMaster University's DeGroote School of Business.   Brent characterizes strategy as being about creating value, whether at a for profit (business) or nonprofit organization.  Having recently developed an undergraduate course in organizational strategy, Brent shares some early findings of applying business models, such as Five Forces, to nonprofits in developing their strategy.   He underscores the importance for nonprofits to think broadly about strategy to create value...

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Lynn on Collective Impact - from United Way Halton & Hamilton's, This Podcast is Not For Profit show art Lynn on Collective Impact - from United Way Halton & Hamilton's, This Podcast is Not For Profit

Impact Conversations

Something new this week - we are excited to share another great podcast with you, this time, with Social Impact Advisors as the guest rather than podcast host.  Lynn's interview by Mike Mikulak on the United Way Halton & Hamilton's "This Podcast is Not For Profit" was recently published, where she talks about how and why a collective impact approach works, some of the challenges and joys that come from working this way and shares examples of youth-focused collectives in Kingston and Halton.  They also talk more broadly about how being clear about and committed to impacts benefits...

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Youth Leadership with Tamer Ibrahim of the Laidlaw Foundation show art Youth Leadership with Tamer Ibrahim of the Laidlaw Foundation

Impact Conversations

In this episode, Sally speaks with Tamer Ibrahim of the Laidlaw Foundation about Youth Collective Impact, or Youth CI.   Tamer is the manager of Youth CI at Laidlaw and also sits on the board of directors at the ‘For Youth Initiative’: a non-profit organization that has served, inspired and advocated for thousands of teens and young adults in York South-Weston since 1995.     Youth CI is a program of the Laidlaw Foundation, in partnership with Innoweave, that helps organizations in local communities across Ontario develop, launch and implement collective...

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Short stuff: Our Plans for 2020 show art Short stuff: Our Plans for 2020

Impact Conversations

In this episode Sally shares the new focus the Impact Conversations podcast will have in 2020: Talking to people starting new impact and strategy projects and initiatives in their NGOs, educational institutions and communities. We will check-in throughout the year with these guests. We hope these are helpful and practical case studies for our listeners.  Episodes with influencers and thought leaders about how the social and environmental action sectors are changing- the emergence of systems entrepreneurs, new approaches to evaluation, participatory action research, co-design and...

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Hope, Joy and Gifts on Our End of Year Podcast show art Hope, Joy and Gifts on Our End of Year Podcast

Impact Conversations

In the last podcast of the year, Lynn and Sally reflect on their work and the conversations we've had in 2019. We talk about the hope we're seeing in social and environmental impact circles around innovations in finance, new approaches to philanthropy, and in inspiring young people. We talk about the gifts that people give to one another and their communities, in the form of volunteerism or intellectual capital or direct investment of resources as they work together to tackle complex issues.   And we talk about Joy as a measurable outcome in strategy for the arts.  Many thanks to...

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More Episodes

In this episode, Lynn interviews Dr. Brent McKnight, Associate Professor in Strategic Management at McMaster University's DeGroote School of Business.  

Brent characterizes strategy as being about creating value, whether at a for profit (business) or nonprofit organization. 

Having recently developed an undergraduate course in organizational strategy, Brent shares some early findings of applying business models, such as Five Forces, to nonprofits in developing their strategy.  

He underscores the importance for nonprofits to think broadly about strategy to create value and make a significant social or environmental impact, and capturing this in a Theory of Change.  This is much different than simply creating a plan of action for the next 3-5 years, as may be the case in typical strategic planning.  Tune in to hear more about identifying and maximizing the value your organization creates. 

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Find out more about our work at Social Impact Advisors: https://socialimpactadvisors.ca

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