‘Timely, visionary, bold’
Rabbi Lord Jonathan Sacks
‘In IMPACT, Sir Ronald Cohen reaffirms the conviction that we hold our destinies in our own hands and offers a fascinating blueprint for a hope-filled future underpinned by the social power of impact investing.’
Kristalina Georgieva
Managing Director, International Monetary Fund, Former CEO, World Bank Group
‘Impact is a new and very important idea to reshape and save our economic system.’
Paul Romer
Nobel Prize in Economics 2018
‘Capitalism isn’t immoral, it’s amoral – it’s a wild beast that needs to be led. Here Sir Ronnie provides the core operating manual for those seeking to do good while also doing well.’
Bono
Lead Singer of U2 and Co-Founder of The Rise Fund
Throughout the world, capitalism and democracy are being challenged with great force. We are facing huge social and environmental problems. The world must change, but we cannot change it by throwing money at old ideas that no longer work. We must adjust our approach. To change the world, we must change how we do business, starting with where and how we invest our money.
In IMPACT, Sir Ronald Cohen shows that a solution is within our grasp. He calls it the Impact Revolution.
He shows us how, driven by impact investment, it is reshaping our economic system, transforming the private sector from a polluter and driver of inequality into a powerful force for good; distributing opportunity more fairly; and bringing solutions to our great social and environmental challenges. And that it promises to be as innovative and disruptive as the Tech Revolution that has preceded it.
Whether you're an aspiring entrepreneur, an established business leader, an investor, a philanthropist, or involved in government - or are just interested, as a consumer or employee, in companies doing good and doing well at the same time – this book is a surefire way to find out how you can play a role in changing the world.
On Impact: A Guide to the Impact Revolution
The Impact Revolution is a movement in which we all play a part. It introduces a simple change, but one that has enormous ramifications for our world: the incorporation of impact - impact on our society and our environment - into the way we think, act and make decisions. It is a change that has already begun, and one that permeates all elements of our society.
All of us – business leaders, employees, pension savers, investors, entrepreneurs, governments, philanthropists, consumers, citizens – will place impact at the core of our decisions and actions, to create a world that works. A world of sustainable shared prosperity, and of social and environmental progress.
‘On Impact’ is written by Sir Ronald Cohen, one of the founders of impact investing, but the story of the Impact Revolution will be written by you.
The Second Bounce of the Ball
Sir Ronald Cohen published The Second Bounce of the Ball: Turning Risk into Opportunity in 2007. A non-fiction book about entrepreneurship, the book uncovers what it takes to become a successful entrepreneur. The Second Bounce of the Ball offers biographical anecdotes and stories from Sir Ronald’s pioneering work in founding Apax Partners and growing the firm to a multi-billion dollar business.
Skilful sportsmen can divine where the second bounce of a ball will occur. So it is in business. Everyone can see where the current growth area is. The trick is to spot where the next opportunity will be. The metaphor chosen as the title and theme for this distillation of the wisdom of venture capitalist Sir Ronald Cohen is precise, intelligent and apt. So is his book, written with help from professional author Terry Illott.