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Social impact assessment

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  • 1. www.altcity.meSocial Impact Assessment
  • 2. developing your ownsocial impact assessment plan @altcityme | @dmnabti | Creative Commons BY-NC-SA 2
  • 3. 20-second intro idea revenue generator intended impactimpact measurement approach @altcityme | @dmnabti | Creative Commons BY-NC-SA 3
  • 4. social impact assessment @altcityme | @dmnabti | Creative Commons BY-NC-SA 4
  • 5. social impact assessment @altcityme | @dmnabti | Creative Commons BY-NC-SA 5
  • 6. social impact assessment @altcityme | @dmnabti | Creative Commons BY-NC-SA 6
  • 7. business assessment @altcityme | @dmnabti | Creative Commons BY-NC-SA 7
  • 8. academic assessment @altcityme | @dmnabti | Creative Commons BY-NC-SA 8
  • 9. water quality assessment @altcityme | @dmnabti | Creative Commons BY-NC-SA 9
  • 10. non-profit assessment @altcityme | @dmnabti | Creative Commons BY-NC-SA 10
  • 11. health work ethic job training creativity non-profit assessment culture literacyself-learning passion planting trees non-profit @altcityme | @dmnabti | Creative Commons BY-NC-SA 11
  • 12. social impact assessment @altcityme | @dmnabti | Creative Commons BY-NC-SA 12
  • 13. Note: Impact assessment is not SIA Various definitions and evolving terminologies… be careful. @altcityme | @dmnabti | Creative Commons BY-NC-SA 13
  • 14. ‘Social Impact Assessment (SIA) includes theprocesses of analysing, monitoring andmanaging the intended and unintendedsocial consequences, both positive andnegative, of planned interventions (policies,programs, plans, projects) and any socialchange processes invoked by thoseinterventions. Its primary purpose is to bringabout a more sustainable and equitablebiophysical and human environment.’ International Principles for SIA, 2003 @altcityme | @dmnabti | Creative Commons BY-NC-SA 14
  • 15. 1. Business potential (33%)Market & Competition:Business addresses a clearly-identified need and target customerBusiness is clearly differentiated from its competitors (both direct and indirect)Products/Services (Offering):Solution is clearly defined with features and benefitsOffering holds substantial and lasting appeal to targetFinancial Sustainability:Business model is both financially feasible (value created is greater than costs incurred), fundable (attractive for future investors and donors), and scalable (replicable across regions, product categories, orimpact areas)2. Social impact potential (33%)Social Value PropositionBusiness has a clearly-identified social value proposition that is supported by a well-articulated theory of changeBusiness generates social value above and beyond current state and/or next best available optionQuantification of Potential Social ImpactPotential Social Impact projections are based on reasonable assumptions and credible dataPlan has identified operational metrics (“social indicators”) that strongly relate to desired social outcomesPlan recognizes potential unintended and/or negative consequences of the business3. Likelihood of success (33%)ImplementationClearly defined vision and growth objectivesRoadmap for implementation, including necessary connections/partnerships, customer acquisition strategy and demonstrated proof of conceptBasic scenario planning to show adaptability in the face of hurdles or challengesClear and feasible plan for impact measurement and evaluation, including ongoing monitoring of unintended and/or negative consequences of the businessOrganizational FitSocial value proposition is central to the business model; impact scales as business scalesBusiness has a comparative advantage to existing players addressing the same needQuality of management teamRelevant and diverse domain & industry experience, business track record, education, access to resources, strong relationship with advisersProfessional, persuasive and organized presentation @altcityme | @dmnabti | Creative Commons BY-NC-SA 15
  • 16. Annual GSVC Social Impact Assessment Award @altcityme | @dmnabti | Creative Commons BY-NC-SA 16
  • 17. GSVC SIA Approach:Define, Quantify, and Track @altcityme | @dmnabti | Creative Commons BY-NC-SA 17
  • 18. GSVC SIA Approach: Define• “Theory of Change”• What are your long-term objectives? How will your intermediate steps help you get there?• Similar to Vision and Mission … @altcityme | @dmnabti | Creative Commons BY-NC-SA 18
  • 19. GSVC SIA Approach: Quantify• “If you can’t measure it, it didn’t happen.”• How to track non-measurable things… figure something you can measure. @altcityme | @dmnabti | Creative Commons BY-NC-SA 19
  • 20. GSVC SIA Approach: Track• As rigorously and regularly as you track and report finances. @altcityme | @dmnabti | Creative Commons BY-NC-SA 20
  • 21. 20-second intro idea revenue generator intended impactimpact measurement approach @altcityme | @dmnabti | Creative Commons BY-NC-SA 21
  • 22. SIA M&ESocial impact Monitoring &assessment evaluation @altcityme | @dmnabti | Creative Commons BY-NC-SA 22
  • 23. social venture CSRSocial Monitoring &entrepreneurship and evaluationstartups @altcityme | @dmnabti | Creative Commons BY-NC-SA 23