You want your business to do well and do good at the same time. And it can.
Move beyond short-term donations and cause marketing gimmicks and think in terms of three core questions.
Take a moment to describe the better world you imagine. Do you want to clean up the oceans? Feed the hungry? Heal the sick?
What really matters to you?
Successful social purpose starts with your authentic passion to make a difference.Learn More
No amount of passion will create change if you don't tie financial benefit into the results.
To be sustainable, true social purpose has to lift your sales, too.
How can you tie business growth to your passion to create a better world?Learn More
Movements are made up of people. Communities spawn from shared care. Your work can be a touchstone that inspires and engages millions.
How will you mobilize others to care about what you do? What is going to fill your team, shareholders, board, clients, vendors, and customers with pride?Learn More
In our transparent, networked world, inauthentic social purpose is worse than no social purpose at all. The key to successful social purpose is the sincere desire to make a real, measurable difference.
The place to start is to define the change you seek to create.
Great social purpose strategy should show up as growth in the financials. The core business should benefit – and that benefit should be deliberate and direct.
Without a financial component, social purpose is often unsustainable. The best social impact strategies drive sales to create fuel for your business and the good you're creating in the world.
Great social purpose strategies provide fulfillment to the people contributing to them.
No motivations are more powerful than our intrinsic motivations. If your team, supply chain, marketing channels, and consumers are excited and proud of the work they do, sustainable growth is much easier to achieve.
When Hurricane Maria demolished St. Croix – and shut down their distillery in the process – the leaders of Cruzan Rum knew they were facing more than a business imperative. They were facing a crisis of conscience.
Working with the team at Plenty, the team began to explore how to move beyond easy gestures to create something long-lasting that could impact the island beyond the next storm season. That inquiry culminated in the founding of the Island Spirit Fund, a bespoke entity designed specifically to address the unique problems in St. Croix. Through a deliberate, passionate process to engage their team members, executives, agencies, and distributors, the group navigated the tricky waters of competing demands and interests in a complex, high-regulated industry.
The results have been tremendous. In little over a year, the Island Spirit Fund has now directed well over $2 million directly to grassroots, on-the-ground efforts. And in process, the language and commitment created has shown up in some incredible places – including the label of Cruzan Rum itself.
Articulate difference you want to make and integrate into your core business, and then develop the governance structure and funding models that best fit your goals.
Pivot your brand to better portray your passions and capture a new generation of cause-minded consumers.
Listen to the needs and goals of your changing workforce, and create a culture that is strong and vibrant.
Evaluate your current cause work and partner networks, and determine the best opportunities for growth.
Build new ways of engaging customers, and launch product and service extensions with an informed set of advisors.
Evaluate the partners and players you have around the table, and get help moving everyone in the same direction.
Ready for more?
We offer dozens of free eBooks, assessments, posts, and tools to help you build a purpose-driven business.
Take our free Lantern Leadership Assessment to help understand your passions and the passions of your team — and see how your results compare to thousands of other purpose-driven leaders.Learn More →
We write weekly on social purpose, conscious leadership, peer-to-peer fundraising, and more.