SEA Measurements
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The document discusses challenges and opportunities around measuring social impact for social enterprises. It describes different approaches to social impact measurement including SROI (Social Return on Investment) and impact dashboards. The document also presents examples of how organizations can communicate their social impact performance through standardized profiles that integrate financial and qualitative impact metrics. Developing better social impact data and measurement is presented as key to connecting capital to outcomes and facilitating social change.
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SEA Measurements
- 1. Income & Outcomes: Innovative Data Management, Metrics, and Models for Social Enterprise Social Enterprise Alliance Summit April 29, 2010
- 4. Measure, Manage & Communicate monetized value qualitative value quantified value financial value narrative value Impact Valuation that reflects the full spectrum ©2007-2010 SOCIAL VENTURE TECHNOLOGY GROUP. All rights reserved. www.svtgroup.net
- 5. Communicate Your Value Profile Organization 1 Organization 2 Organization 3 Financial information Monetizable Quantitative Qualitative Narrative Financial information Monetizable Quantitative Qualitative Narrative Financial information Monetizable Quantitative Qualitative Narrative e.g. Kiva e.g. YMCA e.g. South Pole ©2007-2010 SOCIAL VENTURE TECHNOLOGY GROUP. All rights reserved. www.svtgroup.net
- 6. Connect with Information Profiles Organization Financial information Monetizable Quantitative Qualitative Narrative Audience 1 Audience 2 ©2007-2010 SOCIAL VENTURE TECHNOLOGY GROUP. All rights reserved. www.svtgroup.net
- 13. Change Agent Productions Budget v. Actual Year 1 v. Year 2
- 14. SROI: Change Agent Productions
- 26. With rigor and comparability, social impact data will become a currency.
Editor's Notes
- So… what’s going on out there? SROI | In 2001, REDF developed a Social Return on Investment (SROI) framework to measure social impact of its workforce development nonprofit portfolio. This spawned the development of several approaches in a diverse array of business, nonprofit, social enterprise and gov’t contexts, esp. in Europe. Social Performance Mgt (SPM) | After years of developing a mgmt framework, a Network has formed to connect individuals and orgs committed to managing and achieving social performance in microfinance. WBCSD and IFC’s Measuring Impact Framework and Methodology | WBCSD, in collaboration with IFC, developed a framework that helps companies understand their contribution towards development, thus enabling them to inform their operations. IRIS (Impact Reporting and Investment Standards) | Perhaps the first initiative in the past 10 years with significant momentum to create a common framework for defining, tracking and reporting the performance of impact capital.
- This doesn’t exist yet-- you guys are the first to see the version 2.0 Infinite customizability Facilitated through internet and practitioner networks
- High degree of customizability [not infinite as thay would imply that there is zero comparability or replicability] Facilitated through internet and practitioner networks
- High degree of customizability [not infinite as thay would imply that there is zero comparability or replicability] Facilitated through internet and practitioner networks