Measuring the outputs and outcomes of a social mission is crucial to understand how and if social missions are achieved. While there are now an abundance of tools and frameworks for impact assessment, the conversation between funders and social purpose organisation is the foundation for measuring impact. In this conversation, parameters such as the nature of the social cause and how it can be measured, the criteria that could be selected, whether the assessment should be customised or standardised and finally what is the purpose of the impact assessment and what actions follow different results are being discussed.
We found that the basis of impact assessment is to understand audience and motivation as well as conceptualise how change is supposed to be achieved in the theory of change or logic model. Another crucial point is the selection of indicators. Next to the conceptual choices, we found that VPOs also need to consider practical issues such as how much time is required, how much staff and budget, how to implement impact measurement and how to present results.
Answers to these questions can be found in our guide to effective impact assessment, which we published in 2016.
We will continue to refine this and are keen to understand VP practitioners perspectives. You can share your views via email@example.com with us.
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- Mars Catalyst
- Microsoft Japan
- The Happiness Foundation
- Epic Foundation
- Social Ventures Hong Kong
- Japan Venture Philanthropy Fund
- Nexus for Development
- Rianta Capital Zurich’s Artha Initiative
- SOW Asia
- RS Group
- Lombard Odier
- Impact Assessment (IA) – Lok’s customized approach using external parties and internal observations
- Impact Assessment (IA) – Caspian Investment Adviser – IA in Financial Services, Agribusiness & Food and Affordable Housing in India
- Impact Assessment (IA): Axis Bank Foundation – Third party Midterm impact assessment