Consider the relationship.
Innovation asks what could work differently. Investment asks what resources and commitments are needed. Impact asks what changes, for whom, and whether that value can endure.
Considering these together affects the design of an initiative, the partners involved, the operating arrangements and the evidence used to assess it.
Use in consulting.
Triple-I provides a structure for conversations about new ventures, institutional opportunities, partnerships and operating models. The questions can be applied before an initiative has settled into a particular sector or delivery vehicle.
Example.
ValueLab, through its subsidiary Impact Neighbourhoods International, operates large precinct hubs that bring enterprises, shared resources and programmes together around a common purpose. They combine environments where activity can grow with a model that supports its ongoing operation.
Innovation shapes the proposition and the mix of activity. Investment provides the resources and commitments. Impact considers who benefits and what changes over time.
Discuss an operating model