Standardization of Information Flow in the Nonprofit Sector

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"We really had to think intensely about the question of how do you enable the faster flow of information from one entity to another," she says. "And a lot of the way that you do that is through the standardization of how information is presented"

From corporate social responsibility to ESG, an increasing number of for-profit organizations are pursuing positive social impact. But to “do well by doing good,” Jacob Harold (cofounder of Candid; former CEO of Guidestar) tells HBR IdeaCast host Curt Nickisch that you need a good strategy. Otherwise, things can go very wrong.