Impact

Abstract This chapter unpacks the Impact building block. It seeks to determine the impact that your business model will have on the broader social, ecological, economic, and material environment. We think it is important to clarify the short- and long-term effects of your business model. Framing and defining this building block is often challenging. It can be defined in a general sense, but can also be focused on specific stakeholders, a raw material, or a specific context or a relevant combination of indicators. Indicators are also increasingly linked to measuring and reporting methods. We offer various methods to test the set of indicators and link them to reporting standards. Keep a keen eye on the practical feasibility, as well as the costs involved in measuring and reporting. Identifying proper and useful indicators and measuring and monitoring them are easier said than done. Whatever you do, stick to the motto Keep it Simple .