Our response is to do three things: Increase incentives to measure. Build consensus on ‘how’ to measure. Build consensus on ‘what’ to measure We are doing this through two partnerships: Inspiring Impact: It is an ambitious, 10-year programme. Our vision is that by 2022, high quality impact measurement is the norm in the non-profit sector. It is run by the sector, for the sector. We are a collaboration of UK voluntary sector organisations, bringing together impact measurement experts – who bring the expert knowledge on impact measurement methods – and membership bodies – who bring an in-depth understanding of how to work with the sector to embed long-term change. We launched in July of this year and our first reports will be published in the New Year. More on the programme in a minute. Big Society Capital: NPC is leading up a collaborative project to help ensure the ‘social’ part of social investment is actually measured, and doesn’t get forgotten in the search for financial returns. In practice, this means we are working in partnership with SROI Network and Investing for Good to support investors to embed social impact measurement in their work. Both of these have involved intensive consultation with the sector – in Inspiring Impact alone we have involved around 80 organisations in working groups, and dozens more have attended our events or been in touch. In this presentation I will provide you with an overview of how these two projects will help us to accelerate the embed impact measurement in the non-profit sector.
Dawn, then David to preface the section on questions
New Philanthropy Capital presentation to LESPN 19 March 2013
INSPIRING EMPLOYABILITYYOUTH EMPLOYABILITY OUTCOMES FRAMEWORK v19th March 2013
INSPIRING IMPACT: PUTTING IMPACT AT THEHEART OF THE NON-PROFIT SECTOR 2
OUR FIVE STRANDSWhat does good practice look Impact like? leadership How do we know what we Coordinating need to measure? support How do we find the right Data, tools andtools to measure our impact? systems How can we compare with Shared and learn from others? measurement How can funders promote Funders, impact? How can they commissioners measure their own impact? and investors 3
SHARED MEASUREMENT IS ABOUT HAVINGGREATER IMPACT • Shared measurement is about using common tools to track progress across similar organisations and settings. Key principles 1. Develop collaboratively (charities and funders) 2. Developing standards (knowing what ‘good’ is) 3. Saving time and money 4. Practical and accessible 5. Adaptable and takes account of individual circumstances • Central to the Inspiring Impact programme 4
WHY WE NEED A EMPLOYABILITYMEASUREMENT FRAMEWORK• There is consensus among providers that it is important to consider a range of outcomes in the progression to employment• Definitions adopted by the Work Programme are suitable for contract management but don’t capture ‘employability’• A wider definition of employability is important because: – ‘Pre-employment’ providers need to be able to demonstrate their contribution – Opportunities for young people are limited in the current labour market – More data on the journey to employment could help improve job outcomes 5