This essay discusses how the third sector can often solve complex social problems with more agility and innovation than the government or private sector.
"Life has a way of leading you places. I have surfed on the wave of this transformational shift, this quiet revolution, which puts social value at its core, as my disillusion with the old ways of public policy formation has grown.
Contrary to the best instincts of many, our economic system has been dominated by a system which measures value creation in only one dimension ﬁnancial impact, proﬁt and loss. In the last few years, there has been considerable effort, particularly in Britain and increasingly in Europe, to develop reliable systems and language to measure social impact more broadly."