Legalizing cannabis in Canada is more than a cultural shift. The changing legal status in the country will transform cannabis into a multibillion-dollar industry in the next decade. As the old adage goes, “With great power comes great responsibility.” Put through an impact lens, that means: with huge industry growth comes huge corporate citizenship responsibility.
The AI train isn’t stopping. For social impact, and other sectors, the talent mix of the near future will be human intelligence mixed with machine intelligence. Impact-focused leaders need to think about how they are teaming to make use of—and push back on—an internet economy powered by algorithms.
Chatbots and AI-powered virtual assistants are reimagining public engagement in the retail sector. There are also early experiments in the world of social impact. This is a technology that has the potential to boost frontline feedback, improve services, and ameliorate societal ills.
Implementing new Smart City technologies or methods without consideration of unintended consequences takes away from the social impact. With rose-coloured glasses removed, and sleeves up, leaders must get into the practical social implications of smart cities.
Cross-organizational and cross-sector mobility is slowly becoming mainstream in the social purpose economy. In a sector that already struggles to attract and retain the best and brightest talent, portability of worker rights, benefits, credentials, and intellectual property is of huge consequence.
Clean air, energy democracy, and renewable sources are all vital to sustainable development and reconciliation. The key to change is understanding local context, while putting power—literally and figuratively—in local hands. It’s a system change that allows for environmental, social, and economic good.