Impact Reporting Tensions

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Impact Reporting Tensions

Each manager has their own themes, with success articulated via their bespoke dashboard, radar, and/or key performance indicators. Notably, these managers have rejected standardization, seemingly because existing tools don’t allow for adequate expression of their value creation. This isn’t necessarily a critique of the important work that B Lab is doing. Indeed, there were a few funds that relied on their GIIRS rating to tell their impact story.

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via i3impact.com

Using Data for Action and for Impact

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Using Data for Action and for Impact

Unlike the for-profit sector, where the metrics are straightforward and focused on profit, the social sector reports to multiple masters—the community being served, staff, donors, and policymakers. Nonprofits and social businesses must be able not just to show what they do, but also to demonstrate the impact of what they do in terms of multiple bottom lines including financial, social, and environmental.

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via ht.ly

Term-limiting your organization can be a gift to future you

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Term-limiting your organization can be a gift to future you

For just a great many mission-based organizations, there is some point in time at which it should have accomplished its mission. If it’s done that, then it should stop. And if it hasn’t accomplished its mission by then, it should still stop, because it’s apparently not able to get the job done.

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via waldo.jaquith.org

Social Impact bonds – the early years

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Social Impact bonds - the early years

The most common complaint of Social Impact Bonds is that
they are complex. By virtue of the social issues they address,
it is hard to imagine they will ever be completely simple.
But we
recognize that the complexity of the development process will inhibit the
growth of the market and we know that the model needs to simplify so it
can reach the impact and scale we are looking for.

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via socialfinance.org.uk