What happens after you measure impact?
Most conversations about impact focus on one question: how do we measure impact? It’s an important question. We spend a great deal of time developing theories of change, identifying indicators, designing surveys and collecting evidence. We debate methodologies and worry about the quality of our data. But once the data has been collected, another question…
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You’re an investor and you don’t know it
You are an investor. Every time money moves, this is an investment. You make dozens of investment decisions everyday. Every item you buy in your local store is a decision and an opportunity to invest in ethical providers or a healthy lifestyle. Every time you buy clothes you have a choice to invest your money…
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“I could really do with a cold drink right now, but first tell me how many cold drinks you have sold today” said no one ever…
You may be great. Your product or service may be wonderful. It is relevant and valuable to the extent that it solves a problem for us or addresses one of our needs. We buy the difference you make in our lives. We buy your help in making us the hero of our own lives.
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I say ‘outcome’, you say ‘output’: Let’s get our definitions right!
When having a conversation about the impact of an initiative, often there is a lack of common understanding across the basic definitions of the elements of an impact journey. It is not uncommon to see ‘output’, ‘outcome’ and ‘impact’ being used interchangeably and interpreted differently. This may create confusion especially when you would like to…
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What is the difference between economic value and social value when monetizing your impact?
As an impact measurement and management and Social Return on Investment (SROI) practitioner, I would like to talk about one of the questions that I get asked frequently: what is the difference between the economic value versus the social value of an ‘output’ or ‘outcome’? And to illustrate this difference, I will elaborate on the…
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