Partners in Impact
| Name | Rose C Challies |
| Country | United Kingdom |
| Website | www.partnersinimpact.com |
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Impact, investment, soul. I am interested in the development of organisations that see people and the earth as a priority to success, whether they are profit driven or not-for-profit. Having been privileged to work with hundreds of organisations in a practical way it has been clear that those organisations that understand and prioritise their people (internally and externally) and respect the natural environment have a much more fulfilling impact and longer term success. I work with funders to assist strategic decision-making; designing funding programmes with depth and meaning, and measuring their impact. And I work with commercial and social organisations who prioritise people and the earth, to help identify their full impact, and set up strategies to create long-term change. Twitter: @Roseccha
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Measuring Social Impact, Funder Intelligence
The importance of... showing an impact
posted on Thursday, July 10, 2008 10:45 AM
Measuring social impact is one of the most fundamental things a social organisation will do. Making a difference is what it is all about and being able to evidence it ensures you stand apart from those that talk good but don’t deliver.
Importantly measuring your social impact ensures you are achieving what you have set out to achieve and are learning from practice.
Taking the time to find out the impact you’ve made pays in more ways than one.
Benefits:
Gaining evidence to influence
Attracting potential funders
Showing what you have changed to your current investors
Identifying what has made a difference and what hasn’t
Identifying areas for development and innovation
Efficient management of operations
Maximisation of resources (making every pound count)
Enabling the sharing of good practice for more change
Measuring your social impact starts when the organisation starts - knowing what you really want to do is vital to ensuring data is collected to evidence the impact.
Often neglected during the business planning process, how you measure your social impact is an absolutely critical part of the organisation’s existence. It ensures you are on track.
To measure social impact it is important to distinguish what is ‘social’ about the organisation. Although good for establishing basic outputs, using only quantitative measures limits the uniqueness and enterprising approach of organisations. Take the time to set out the best way to measure what your organisation does - what it is that makes a difference.
My experience is that those organisations that take the time to measure their social impact from the beginning, are clear about what they are trying to achieve at any point in time. They remain focussed and can identify clever innovations, and importantly they are more likely to attract investment.
It may take time initially but it reaps huge benefits in the future. Measuring social impact isn’t to be underestimated.
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