A STEP-BY-STEP BY GUIDE FOR CREATING YOUR IMPACT FRAMEWORK
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Groundwork is about laying the infrastructure for your impact measurement framework. A new era of impact reporting is coming. One in which social interventions are held to a new standard - a higher standard of impact assessment. Stay ahead of this wave by utilizing existing technology to equip you with the tools you need to collect, assess, and demonstrate your impact.
Metrics outlines a process for securing a list of enduring metrics that will offer strategic insights as well as answer any reporting requirements. The key is having well-defined metrics with a definition, sample answer, and usage guidelines along with a mapped out data pipeline.
Data covers a variety of important logistical considerations. This step analyzes the type of data you are collecting, the parameters (both financial and operational) that you have to operate within and suggests various tools for impact data management.
Communication makes sure that once your impact data is assessed, the findings are put to good use. There are various ways of learning how to share the findings of your impact with donors, funders, board members, and public. This takes into serious consideration the importance of transparency and accountability in impact reporting.
Actionable Impact Management (AIM) is about more than proving your good deeds - it's about learnings for strategic planning. This new social impact framework is designed through collaboration between leading social impact measurement researchers and universities. It includes standards for impact reporting are developing across the social sector. In order to keep up, organizations must revisit their impact assessment practices and make sure they are enduring for long-term evaluation and learnings. AIM provides a flexible framework for an enduring process.
AIM is an open source framework that is co-created by SoPact and the University of Melbourne's Asia Pacific Social Impact Centre