Social Impact Measurement

Social Impact Measurement

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  Social Impact Measurement byJamil Alkhatib 17/1/2018
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  Session Content • Introductionsand definitions • Why measure the social impact • How to measure • The right questions (Setting the Objectives) • Measures levels • Social Return on Investment
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  IMPACT
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  Impact Definition • Theaction of one object coming forcibly into contact with another. • A marked effect or influence
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  Areas of Impact Economic SocialEnvironmental
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  Why measure theimpact?
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  Why measure theimpact? • Communicate your value to stakeholders • Improved programme management • Enhanced attention to the social, economic and environmental
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  What Gets Measured, Gets Valued
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  Before We Measure
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  OUTCOMES INPUTS ACTIVITIESACTIVITIES OUTPUTSOUTPUTS IMPACTS Social value Possible targetsfor measurement in a social enterprise We expect accountability from social enterprises, to show us they are accountable they invest in evaluation to measure outcomes or impact and this informs about the enterprise effectiveness.
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  Definitions • Inputs -resources invested in your activity • Outputs - the direct and tangible products from the activity, i.e., people trained, trees planted, products sold • Outcomes - changes to people resulting from the • Activity, i.e., a new job, increased income, improved stability in life • Impact = Outcomes (less) an estimate of what would have happened anyway
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  Impact Tree • Impact •Outcome • Output • Activities • Input
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  How do wemeasure outcomes & impact? • Continuous measures –Precise, numeric measures using quantitative data • Rating scale –For example, a five-point scale from “very effective” to “very ineffective” • Binary –A “yes or no” choice: did something occur, or not?
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  How do wemeasure outcomes & impact? • Developmental –Comparing performance to the schedule or timeline in a business plan. • Benchmark –Comparing performance to another organization, like a leader in the field • Historic –Comparing performance to an organization’s own past achievements
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  Social Return onInvestment (SROI) • Social Return on Investment or SROI attempts to quantify both economic and social impacts of social enterprises • Two components of SROI: –Enterprise value –Social purpose value
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  Calculating SROI • Enterprisevalue + Value of sales - Cost of good and services sold - Operating expenses • Social purpose value + Grants and gifts - Fundraising and grant writing costs + Social cost savings - Social operating costs + Increase in tax revenue - Debt carried by social enterprise • = Blended value
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  Program Innovation andEntrepreneurship (PIE) German Jordanian University Building M, Office 003 and 006 (Ground Floor) Tel. +962-6-429-4882 /GJUPIE @GJU_PIE PIE GJU [email protected]