Area: Social investment models and approaches
2024 Election Scenario Planning Toolkit
2024 Election Scenario Planning Toolkit
In an era marked by sociopolitical uncertainty, businesses and their leaders have a responsibility to their employees, customers, investors, and communities to prepare for a range of plausible impacts that could emerge following the 2024 U.S. general election. Regardless of an organization’s size, sector, or prior engagement in political and social issues, the likelihood is high that electoral outcomes and subsequent societal effects will call upon leaders to make tough calls, negotiate trade offs, and act in response to a range of stakeholder interests. Those leaders will be well-served by the foresight and preparation that scenario planning affords.
NationSwell created this toolkit in an effort to make scenario planning as accessible and effective as possible during election season and beyond. For more comprehensive guidance on the role of business in promoting a healthy democracy, visit our Civics Inc. report.
Who is this for?
The recommended audience for this resource are senior leaders and managers with responsibility over relevant functional areas, including public affairs, communications, social impact, human resources, and legal.
While businesses can and do conduct scenario planning on a large number of topics relevant to their interests, this particular resource focuses on the potential near and mid-term impacts of a U.S. general election on business, free enterprise, and our constitutional republic.
Guidance for use
This resource contains instructions and resources to support election scenario planning exercises. Because there is no one-size-fits-all approach to scenario planning, we advise leaders to review this information and adapt it to the existing practices of their organization. The intent is to make scenario planning as accessible as possible, not to divert organizations away from methods that are already working well.
What’s in the toolkit?
- Section 1: Election scenario planning overview
- Section 2: Election scenario planning preparation and facilitation guide
- Section 3: Election scenarios to consider
The Green Seat Guide, Chapter 2
The Green Seat Guide, Chapter 2
As corporate sustainability challenges grow more complex, chief sustainability officers (CSOs) are being hired at record rates. They come from diverse professional backgrounds, underscoring the multidisciplinary nature of the role, and often find themselves navigating uncharted waters, tasked with steering an entire enterprise toward ambitious goals. This mandate demands more than just technical knowledge, it demands leadership, vision, and the ability to inspire change at all levels.
While technical guidance on sustainability is widely available through consultants, vendors, and the scientific community, there remains a significant gap in the transfer of practical wisdom. The Green Seat Guide bridges that gap with insights, strategies, and lessons learned from experienced sustainability executives. The aim of the guide is to accelerate the impact of sustainability leaders, new and experienced, by offering practical guidance and learned wisdom from those who have pioneered the role.
Each chapter focuses on an essential component of the sustainability journey and includes a selection of ready-to-use tools to support the adoption of key ideas and tactics.
Chapter 2 – Organizing your team
With a strategy in hand, creating and deploying a well-rounded sustainability team is the sustainability executive’s next most important task. Whether you’ve inherited a staff or need to build a team from scratch, you should be mindful of balancing your technical needs with your strategic needs. Your team will need to be rigorous, detail-oriented, and versatile, and you will need to build key cross-functional relationships beyond your direct reports.
Chapter 2 of The Green Seat Guide provides guidance on building a successful sustainability team, drawing on the rich insights of those who have done so before.
It is comprised of four sections:
- Working with consultants
- Designing your core team
- Sourcing and screening the right talent
- Leveraging existing internal capabilities
For insights on developing a sustainability strategy, don’t miss Chapter 1.
The Green Seat Guide, Chapter 1
The Green Seat Guide, Chapter 1
As corporate sustainability challenges grow more complex, chief sustainability officers (CSOs) are being hired at record rates. They come from diverse professional backgrounds, underscoring the multidisciplinary nature of the role, and often find themselves navigating uncharted waters, tasked with steering an entire enterprise toward ambitious goals. This mandate demands more than just technical knowledge, it demands leadership, vision, and the ability to inspire change at all levels.
While technical guidance on sustainability is widely available through consultants, vendors, and the scientific community, there remains a significant gap in the transfer of practical wisdom. The Green Seat Guide bridges that gap with insights, strategies, and lessons learned from experienced sustainability executives. The aim of the guide is to accelerate the impact of sustainability leaders, new and experienced, by offering practical guidance and learned wisdom from those who have pioneered the role.
Each chapter focuses on an essential component of the sustainability journey and includes a selection of ready-to-use tools to support the adoption of key ideas and tactics.
Chapter 1 – Developing a sustainability strategy
Crafting a sustainability strategy is a foundational, if daunting, part of a sustainability leader’s mandate. Success requires rapid, comprehensive learning about a complex enterprise and a nuanced grasp of the forces that motivate your key stakeholders.
Chapter 1 of The Green Seat Guide explores the art of crafting a sustainability strategy, drawing on the rich insights of those who have navigated this process before.
It is comprised of seven sections:
- Getting to know your business inside and out
- Roughing out a draft strategy
- Conducting a materiality assessment
- Defining top strategic priorities
- Setting targets
- Roadmapping and resourcing your sustainability strategy
- Engaging with external coalitions, pledges, and third-party validation
The chapter also offers tools to support the adoption of key ideas and tactics, including:
- Tool A: Sustainability landscape assessment checklist
- Tool B: Preferred consulting and technology solutions
- Tool C: Sustainability accountability map components
- Tool D: Overview of commonly used sustainability reporting frameworks
- Tool E: Materiality assessment preparation checklist
- Tool F: Essential elements of a sustainability roadmap
- Tool G: Common product sustainability certifications
Civics Inc.
Civics Inc.
This is the biggest election year in history, as citizens in countries representing half the the world’s population head to the polls. At home, the 2024 U.S. election will once again put destabilizing pressure on American political processes and institutions.
We know that the moment demands more than our attention; it demands urgent action. Employers hold outsized potential to promote civic participation and protect our democracy, but for many leaders, that work feels more fraught than ever before.
Developed from the insights and experiences of business leaders and democracy experts, this report is designed to meet businesses where they are. It provides a strategic framework to help employers customize their efforts around three goals and five core assets.
Three goals for employers to pursue in service of healthier democracy:
- Encouraging and enabling civic participation
- Promoting information accessibility, transparency, and quality
- Supporting issues that protect fundamental rights and protect democracy
Five core assets that all businesses can leverage in pursuit of these goals:
- Workplace policies and benefits
- Employee engagement and people infrastructure
- Corporate products and services
- Political contributions and advocacy
- Corporate and executive voice
What else is included in the report?
- Talking points for making the business case for democracy, provided directly by corporate leaders and democracy experts
- Dozens of real examples showing how businesses are promoting civic participation and a healthier democracy, paired with detailed implementation guidance
- Peer-vetted recommendations for partner organizations on a wide-range of needs
Skilling the future workforce: 8 recs for corporate leaders
Skilling the future workforce: 8 recs for corporate leaders
Private sector engagement with skills-based hiring is increasing in response to employment gaps and escalating economic precarity. Between 2017 and 2019, 46% of middle-skill and 31% of high-skill occupations experienced material degree resets. And in 2022, 79% of HR professionals reported that scores on skills assessments are just as or more important than traditional criteria in hiring decisions.
These are positive trends from an economic and a social perspective. Skills-based hiring is critical to increasing equity and diversity in the workplace, as traditional credential-based hiring tends to screen out, disqualify, or exclude applicants without a four year degree.
While increased commitment to skills-based hiring is an important step toward a more prepared and more inclusive workforce, many companies are learning that in-demand skills do not exist in adequate supply. Some of those businesses are taking it upon themselves to develop the skill-based talent pipeline that will be necessary to power their organizations, industries, and broader market into the future.
To better understand how companies are investing in the skills-based training ecosystem, before hiring even comes into frame, we dug deep with nine organizations on the cutting edge of workforce development.
Through our conversations with leaders and practitioners, we uncovered a depth of contributions to changing and scaling the learning systems that are preparing workers for quality jobs. Our report compiles eight recommendations to provide guidance for private sector employers who are committed to skilling the future workforce and ultimately contributing meaningfully to a more just and equitable workplace.
The eight recommendations:
- Decide if you aim to be influential at a systems, sector, or company level
- Position your strategy correctly within your company’s infrastructure
- Lean into (and use) your company’s strengths
- Build a well-balanced partner portfolio
- Design for replicability and scalability
- Mind the non-skills gap between learner and earner
- Engage in pre-competitive transparency and collaboration
- Bring rigor and patience to impact measurement
Seven critical design choices for corporate impact investors
Seven critical design choices for corporate impact investors
As the global impact investing market surpasses $1 trillion USD, a small yet growing number of companies are adopting the strategy.
Corporate impact investors are motivated by the limitations of traditional philanthropy to fundamentally alter the structural disadvantages of capital markets, the desire to diversify their social impact strategies, the proven possibility of competitive financial returns, and intensifying pressure on the private sector to help finance the UN Sustainable Development Goals (SDGs).
Regardless of their motivation, what these enterprising companies are discovering is a world of opportunity and constraint, one that requires intentionality and conviction when designing an impact investing approach that best serves the organization and its goals.
To support the aspirations of would-be and nascent corporate impact investors, NationSwell went behind the curtain with four successful and well-established leaders in the space. We dug deep into their investment philosophies, models, and mechanics with the intent to pinpoint the most fundamental design choices that determine a program’s shape and direction.
This report summarizes our learnings from these four investors, organized around a short but load-bearing list of questions that any new corporate impact investor will need to resolve with clarity. Each question is followed by further explanation of its significance, illustrations of how the four model organizations answered it for their own purposes, and additional guidance from NationSwell on how to approach the choices at hand.
The seven fundamental design choices:
- What is your impact investment thesis and how does it align with company priorities?
- Where do your investments originate within the enterprise?
- Are you investing directly in companies or indirectly through funds and intermediaries?
- How are you reaching beyond traditional networks to source investment leads?
- Who should be at the table when making investment decisions in order to optimize for efficacy and efficiency?
- What will be your level of involvement with investments after cutting a check?
- How will you measure and report the impact made through your investments?
Commercial products deployed for social good
Commercial products deployed for social good
This Curated Collection explores a range of ways that companies are creating or repurposing products in service to their social impact strategies. It includes a non-exhaustive selection of representative and innovative examples of impact-oriented products, organized in categories based on how they are used.
The collection includes the following categories:
- Products used for fundraising
- Product grant programs
- Sustainable product;
- Special initiative products
Diversity, equity, inclusion, and belonging: U.S. certifications and recognitions
Diversity, equity, inclusion, and belonging: U.S. certifications and recognitions
From the Great Resignation to the Great Reshuffle, one thing is clear: workers want good workplaces alongside good jobs. For employers, however, it can be a challenge to signal their value to prospective employees or retain current talent in a tight labor market. Although external validation can never capture the true experience of what it is like to work at any one place, certifications, awards, or other public recognitions can offer employers the opportunity to pursue and promote excellence across a variety of DEIB dimensions.
This Curated Collection provides social impact leaders in the private sector with a roundup of United States-based certifications and “best of” recognitions related to different aspects of diversity, equity, inclusion, and belonging (DEIB).
The collection includes the following:
- Certifications achieved based on company-submitted applications
- Recognitions achieved without needing to apply
Datasets for economic mobility
Datasets for economic mobility
Wealth inequality and income inequality in the United States are significantly higher than in other OECD countries. And economic mobility is rigid. The likelihood of an individual moving from low wealth status to high wealth status over the course of their lifetime is low. Income disparity and wealth inequality are rooted in an array of social and economic factors, including race and geography. These factors create what is known as the economic opportunity gap.
This Curated Collection provides social impact leaders in the public and private sectors with a roundup of data-driven tools to strengthen their decision-making processes in addressing the economic opportunity gap. The resources provide specific consideration for indicators of racial equity and social justice and factors that promote mobility for disadvantaged groups across neighborhoods, communities, and states.
Resources include (but are not limited to) the following:
- Tools that allow companies to benchmark themselves against others on strategy and progress;
- Datasets that support deciding which communities would benefit most from company investments to increase equity;
- Resources that encourage companies to prioritize racial and social factors that affect indicators of wealth (e.g., access to education and employment, and asset ownership).