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Impact Metrics & Our Most Viewed Blogs of 2018

Posted by Alan Pierce on Dec 12, 2018 2:08:02 PM

Whether you’ve used our cloud-based solutions to define and manage your impact metrics or not, the topic generated a buzz on our website throughout the year. Three out of the five most-viewed blogs for 2018 tackle different aspects impact metrics and impact measurement.

Some of these popular blogs were published this year, others in previous years, but they still generate significant interest for you, our reader.

It makes sense, of course, that the topic of impact metrics and measurement rises to the top because this is what we specialize in at Sopact. From the people working on the ground with beneficiaries, to funders looking for impactful investments, our end-to-end impact management tools (e.g. see Impact Maker) help make impact data accessible and more easily managed as you transform it into meaningful insights.

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If you haven’t had a chance to peruse this content, we’ve got the cliff notes of these five most-viewed articles. Take a quick look, and before you go, see what we’re looking forward to in 2019.

What to Know About Standardized Social Impact Metrics

The main idea

IRIS & SDGIn this article, we define what is meant by standardized metrics, an agreed upon impact measurement “language” defined by research and other institutions. Standardized metrics are used when communicating to a specific audience or by certain types of institutions, and focus on outputs and activities. For example, SDG are preferred by majority of mission driven organizations and are often CSR metrics, IRIS metrics are most often preferred by impact investors. Community organizations often use the Guidestar framework.

The call to action

Define whether standardized metrics are right for you and your organization. For what reason(s) are you measuring your impact? Who is your audience? Who are your funders? These are essential questions to assess what impact metrics language may be most relevant. Many times, a combination of metrics, both standard and customized, is the best solution.

>> Read the full article here.

Why Measure Social Impact? 4 Reasons For All Changemakers

The main idea

Impact measurement creates value beyond its principal purpose. Assessing the efficacy of an intervention is ostensibly why we implement a measurement process. Understanding the other value we can create from that process, however, is what really can make it worthwhile. For example, measuring impact helps you and your organization maintain your true north when making strategic decisions. It is necessary for the integrity of social markets. It can have evaluative power, revealing inefficiencies and areas for improvement.

The call to action

Take a holistic view of impact measurement. Ask yourself, how can the impact measurement processes of my organization create value for all my stakeholders? If you are going to take the time and resources to implement such a system, you should also take the time to ensure you are taking full advantage of the data it yields.

>> Read full article here.

Demonstrating Impact: Choosing the right impact metrics

The main idea

This blog tackles the metrics discovery process, as outlined by the guide co-developed at Sopact: Actionable Impact Management Volume II. actionable impact managementThis phase demands that you examine who you are communicating impact to and what language (metrics) you decide to use to do so. To help explain this process in more detail, we use Aravind Eye Care System as a useful case study.

The call to action

Take a deeper dive into your own impact metrics definition strategy, whether you have yet to define them or you are looking to redefine. Sopact’s tools have a catalog of over 2,000 metrics to help get you started, or you can take a look at the (free) guide mentioned above.

>> Read full article here.

5 Tips To Get the Most out of Salesforce for Nonprofits

The main idea

These tips focus on the integration tools available to nonprofits using Salesforce, so that they can get more out of it. The tips are further contextualized by first looking at the main challenges faced by non profit organizations. From email marketing to grant management, these integration tools could be the difference maker for non profits of all sizes.

The call to action

Make your life easier by using tools that are designed to do just that. Finding talent with technical expertise is a known gap in the world of non profit organizations and these tools help bridge that gap by reducing the technical know-how needed to benefit from the latest technology.

>> Read full article here.

The secret to millennials social impact and impact investing trends

The main idea

The message isn’t that Millennials shouldn’t be ignored, it’s that doing so (intentionally or otherwise) could be catastrophic for your organization. The number of Millennials with access to capital is growing exponentially and the majority seek to align their spending/investing with their socially conscious ideals.

The call to action

It is essential to invite Millennials into the impact investing conversation and to be radically transparent while doing so. Creating data management systems that allow for transparency is part of that process, because this audience is going to dive deeper than the pretty photos in your annual impact report.

>> Read full article here.



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Topics: Impact Management, impact metrics

Alan Pierce

Written by Alan Pierce

Alan is a social sector consultant and one of the founding directors of Quantica Education, a school of social entrepreneurship in Colombia.