The Constellation of Collective Impact Initiatives

This paper aims to explore the concept of collective impact and the relationships among the actors involved in such initiatives. Previous discussions on collective impact have primarily focused on organizational collaboration and its outcomes. However, this study adopts a wider perspective and recognizes the crucial role of investment and financing schemes that influence the way companies create value. Collective impact initiatives act as funding and investment syndicates that facilitate collaborative solutions to social issues. Drawing on the work of Kania and Kramer (2011a, b) of FSG (Foundation Strategic Group) and researchers of CSI (the Center for Social Innovation at Stanford University), leading proponents of the concept and promoters of the initiative, this paper summarizes the key characteristics of collective impact and its underlying structure. The findings of this study provide a wider framework for capturing collective impact initiatives.