Upload
wong-xianyang
View
218
Download
0
Embed Size (px)
Citation preview
8/12/2019 Alternative OBE Models
1/11
CONFIDENTIAL
Balanced Scorecard
1
Summary
Applicability to Lifecycle Stages Observations
Measures operational performance in terms of financial, customer, business process, and learning-and-
growth outcomes
Advocates integration of these outcomes into strategic planning processes.
Framework for collecting and integrating the range of metrics of the Impact Value Chain and is
adaptable to an organisationsstage.Helps coordinate evaluation, internal operations metrics and external benchmarks, but is not a
substitute
Feasibility is high for
organisations willing to
undertake monitoring andmanagement decisions as
well as data collection and
analysis
Assessment Purposes in Investment Process
8/12/2019 Alternative OBE Models
2/11
CONFIDENTIAL
Acumen Scorecard
2
Summary
Applicability to Lifecycle Stages Observations
Entails tracking progress on short and long term outcomes, which is assess in terms of outcome
milestones and benchmarks.
Progress on selected outcomes is interpreted according to the method as likely to lead to investment
impact (outcomes net of what would have happened without the ventures existence)
Although the outcome measurement strategy is good, the system does not measure true impacts at thecurrent time but as these usually are only apparent in the medium to long term.
High feasibility and low
cost if an organisation
already intends to collect
the needed cost, revenue,and outcome data to
screen potential ventures
Assessment Purposes in Investment Process
8/12/2019 Alternative OBE Models
3/11
CONFIDENTIAL
Ongoing Assessment of Social Impact
3
Summary
Applicability to Lifecycle Stages Observations
Developed to assess the social outputs and outcomes for non-profit agencies
It is a customised, comprehensive, social management information system (MIS)
Integrates the organisationsinformation tracking practices and needs, and then implementing the
information to measure progress on short to medium term (2 years) outcomes.
Methods outcome measurement strategy is good and has high social science credibility compared withother methods used by double bottom line ventures.
Moderate feasibility if the
organisation is willing to
undergo monitoring, data
collection, analysis andmanagement decision-
making due to the
moderate to high cost.
Assessment Purposes in Investment Process
8/12/2019 Alternative OBE Models
4/11
CONFIDENTIAL
Social Return on Investment
4
Summary
Applicability to Lifecycle Stages Observations
Developed to help place a dollar value on ventures with social objectives.
Approach combines both cost-benefit analysis and the tools of financial analysis used in the private
sector.
Practically more accessible to a broader range of users due to the reduction of technical jargon and
complicated techniques.Methods credibility is higher than most other approaches as it can be based on actual data of the
organisationsoutputs and outcomes, and on proxy research.
High feasibility and low
cost if an organisation
already intends to collectthe needed cost, revenue,
and outcome data.Assessment Purposes in Investment Process
8/12/2019 Alternative OBE Models
5/11
CONFIDENTIAL
Cost-Benefit Analysis
5
Summary
Applicability to Lifecycle Stages Observations
Type of economic analysis in which the costs and social impacts are expressed in monetary terms.
These are then assessed to one or more of three measures:
net present value
cost-benefit ratio
internal rate of return
Credibility of the analysis
depends on the use of an
appropriate research
design to measure impacts.
Conclusive analysis cannotbe conducted until social
impacts are measured.
Assessment Purposes in Investment Process
8/12/2019 Alternative OBE Models
6/11
CONFIDENTIAL 6
Summary
Logic Model
Balanced
Scorecard
Acumen
Scorecard
Ongoing Assessment
of Social Impact
Social Return
on Investment
Cost-Benefit
Analysis
Mixture of financial and non-financial measures each compared to a target value.
Gives consideration to the companys vision and mission during the preparation.
Tracks progress on short and long term outcomes, which is assessed in terms of outcome
milestones and benchmarks.
Progress on selected outcomes is interpreted as likely to lead to investment impact
Social Management Information System
Integratesorganisationstracking needs and practices and implements it to measure progress
on short to medium term outcomes.
Helps to place a dollar value on ventures of social objectives.
Combination of cost-benefit analysis and other financial analysis tools.
Social impacts and costs are expressed in monetary terms.
Then assessed to one or more of three measures: Net present value, Cost-benefit ratio and
Internal rate of return.
8/12/2019 Alternative OBE Models
7/11
CONFIDENTIAL
OBE Models Credibility Risks
7
Logic Model
Balanced
Scorecard
Acumen
Scorecard
Ongoing Assessment
of Social Impact
Social Return
on Investment
Cost-Benefit
Analysis
Selection of inputs, outputs, and/or outcomes that are not actually related to impactsor overall
financial performance.Weak correlation between outcomes chosen and true impacts.
Lack of counterfactuals.
Reliability of data collection procedures, including factors like cooperation of investees.
Poor impact measurement based on weak research design.Poor social accounting framework.
Lack of counterfactuals (outputs or outcomes may be misinterpreted as impacts).
Missing important intangible impacts and/or costs.
Poor impact measurement based on weak research design.
Poor social accounting framework.
Missing important intangible impacts and/or costs.
Poorly specified impact value chainFailure to articulate key assumptions about causal links in model.
Weak analytical tests of causal links in the model.
Misinterpretation of research evidence, especially in terms of claiming impacts.
8/12/2019 Alternative OBE Models
8/11
CONFIDENTIAL
Summary of Key Characteristics
8
METHOD
Logic Model
Balanced Scorecard
Acumen Scorecard
Ongoing Assessment of Social Impact
Social Return on Investment
Cost-Benefit Analysis
PROCESS IMPACT MONETIZATION
8/12/2019 Alternative OBE Models
9/11
CONFIDENTIAL
SCREENINGPARTNERSHIP
FORMATIONRETROSPECTIVE
EVALUATIONSCALING
MANAGEMENT
OPERATIONSEXIT
EXTERNAL
REPORTINGSIMPLICITY
APPLICABILITYTO LIFECYCLE
STAGES
ASSESSMENT PURPOSES
Summary of Key Characteristics
9
METHOD
Logic Model
Balanced Scorecard
Acumen Scorecard
OASIS
SROI
Cost-Benefit Analysis
8/12/2019 Alternative OBE Models
10/11
CONFIDENTIAL
SCREENINGPARTNERSHIP
FORMATIONRETROSPECTIVE
EVALUATIONSCALING
MANAGEMENT
OPERATIONSEXIT
EXTERNAL
REPORTINGSIMPLICITY
APPLICABILITYTO LIFECYCLE
STAGES
ASSESSMENT PURPOSES
Summary of Key Characteristics
10
METHOD
Logic Model
Balanced Scorecard
Acumen Scorecard
OASIS
SROI
Cost-Benefit Analysis
Logic Model is suitable in all of our choosing criterias.
8/12/2019 Alternative OBE Models
11/11
CONFIDENTIAL
Impact Value Chain
11
Logic Model
Balanced Scorecard
Acumen Scorecard
Ongoing Assessment of Social Impact
Social Return on Investment
Cost-Benefit Analysis
Inputs Activities Outputs OutcomesGoal
Alignment