DO YOU KNOW WHAT IMPACT YOU ARE HAVING ON THE WORLD AROUND YOU?
DO YOU EFFECTIVELY MEASURE THAT IMPACT?
CAN YOU PROVIDE INFORMATION ON THAT IMPACT TO YOUR STAKEHOLDERS AND SUPPORTERS?
Increasingly organisations need to demonstrate the impact they are having and provide evidence of their return of investment. This leads to questions of what, and how do I measure impact. How is it recorded? What benefits can this have for my organisation?
As commissioners, such as Local Authorities, look for organisations that provide added value and social return we need to be ensuring we have the mechanisms in place to measure, record and report the impact we are having.
This information is also vital when attracting and retaining funds from trust funds and individuals, all of whom want to know that their contribution is being used effectively.
To address these challenges you have a number of options, firstly look at how you measure your effectiveness, not just numerically but include the soft outcomes that are so important to most third sector organisation. There are a number of tools to assist with this including Rickter™ and Outcome Stars™.
To provide empirical evidence of your impact you can use Social Impact Modelling or Social Return on Investment which is recognised by local and national government as a significant tool which will be recognised by commissioning bodies and can be presented to all stakeholders across your funding mix.
The information gained through these processes is also invaluable for the production of your annual report.
If you would like more information or support in any of these areas I am happy to meet with you to discuss your options and the implementation of IMPACT MEASUREMENT.
Call me, David Johnson, on 07515 288105 or email david@taskus.biz
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