In terms of impact management, what aspect should be the focus for organizations?

In impact management, organizations should focus on significance, which means understanding and prioritizing the most important impacts they have on stakeholders, society, and the environment. By concentrating on significance, organizations can identify which aspects of their operations have the greatest effect and therefore require the most attention and resources for improvement.

Focusing on significance allows organizations to align their impact measurement and management practices with broader sustainability goals and stakeholder expectations. It ensures that decisions are made based on the potential for meaningful change, rather than on less impactful areas, which may lead to a more effective allocation of resources and efforts.

In contrast, aspects such as efficiency, neglect, and visibility do not prioritize the importance of understanding true impacts. Efficiency focuses on the optimization of processes which may not directly relate to impact assessments. Neglect implies a lack of attention to certain areas, which does not align with responsible impact management. Visibility, while important for transparency, does not inherently measure the actual significance of impacts. Therefore, focusing on significance is essential for organizations seeking to manage their impacts responsibly and effectively.