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MEASURING IMPACT Quick And Dirty Tips

Measuring Impact For Social Businesses And NGOs

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MEASURING IMPACT

Quick And Dirty Tips

Thousand Smiles Project EdWiki Diaries

OBJECTIVE

Where Will You Invest?

Option 1 Option 2

A Salman Khan movie that pays you 15% per 100 prints

A Tiger Shroff movie that pays you 10% per 100 prints

How Did You Figure That Out, Sherlock?

Anticipated impact depending on circumstances

The X - Factor

The returns you’re getting on the offer

Impact Measurement is the process of

identifying the impacts of a development

intervention, on those social, economic

and environmental factors which the

intervention is designed to affect or may

affect and then monetizing them.

Why Measure Impact ?

The Three Pillars Of Impact Measurement

1.Logic Model

2.SROI

3.Measurement Methodology

Logic Model

Logic Framework Making Activity

•Form group of 5’s

•Look at your handouts.

•Develop your logic model

Alright. Alright. So where exactly is

the impact?

My Lord.

Outcomes – What would have happened anyway

= Impact

SROIIf you can’t measure it, it doesn’t

exist!

What Is SROI?

• Social return on investment

• SROI = Present Value-------------------------------

Value of inputs

• A method to measure the value that you create with your work, be it social, environmental or economic.

• Value be identified by involving all the stakeholders to determine what is relevant.

Why

• Demonstrate your impact

• Assess a project

• Figure out how to improve.

• Helps you communicate your value

• Puts a value on things that are usually ignored

by the companies.

Types Of SROI

FormativeEvaluative

Conducted before starting a project or NGO.

Conducted after you complete the works.

Predicts how much value you create if your activities meet their intended outcomes.

Based on outcomes that have already taken place.

Used to judge the worthiness of a project for investing.

Used to evaluate impact.

How do you calculate?

• Choose stakeholders.

• Decide on outcomes that matter.

• Choose indicators.

• Give a monetary value.

• Establish impact.

• Calculate SROI

Out of School Program

Input Output Outcome Impact

Rs. 1,50,000 50 students taught in a year.

80% students at grade level.

No dropouts.

40% more students pass 10th - better jobs.

Less expenditure for the govt. on unemployment benefits and health costs.

Present Value

• A dollar today is worth more than a dollar

tomorrow.

• PV = C

---------

(1+i) ^n

Impact : 40% of 50 = 20 kids. Year 6 Year 7 Year 8 Year 9 Year 10

(A) Increased income per student. 5000 6000 7000 8000 9000

(B) Reduced expenditure to govtdue unemployment benefit

1000 1000 1000 1000 1000

(C) Reduced healthcare expenditure

1000 1000 1000 1000 1000

(A + B + C ) Total gains per student. 7000 8000 9000 10000 11000

[(A + B + C)* 20] Total impact. 140000 160000 180000 200000 220000

Present Value ( Interest – 6%) 98694 106409 112934 118380 122847

Total Present Value =

559264.

Lets count the beans!

SROI = PV / Input.

GP Time!!!

• Form group of 5’s

• Look at your handouts.

• From the logic models you have developed,

choose indicators for your outcomes.

• Calculate PV.

• Find out the SROI.

How To Not Use SROI

• Do not compare!

• Do not focus only monetization.

• Choose inappropriate indicators.

What do we know till now?

How To Arrive At Outcomes – Logic Framework

Is your outcome ambitious yet achievable? -SROI

•Which outcomes are most important for Investors?

•How will you measure these outcomes?

•What challenges do you see in measuring these outcomes?

Measurement Methods

A teacher training program was conducted in an academic year. It led to increase in Maths scores by 85% in 1 year on a standardized

test taken in the beginning and in the end of the year.

Was the program a success?

Measurement Methods

A teacher training program was conducted in an academic year. It led to increase in Maths scores by 85% in 1 year on a standardized

test taken in the beginning and in the end of the year.

Additional informationIn other schools without the teacher training program, the

average increase in Maths scores was 83%. Now, do you think the program was a success?

Now, was the program a success?

Measurement Methods

We need CONTROL GROUPS to do benchmarking!

Even Captain Vijaykant Agrees yay!

Control Groups

What Is A Control Group?

1. Baseline Survey

2. After school program for weaker kids

3. Teacher Training program

4. Administrative Support

5. Surveys to measure impact

1. Baseline survey

2. No intervention

3. Surveys to measure results

School 1 School 2

A group established for studying the improvement in outcomes without the inputs of the program in consideration.

Important Strategies In A Control Group

1. Baseline Surveys - Figure your start point

•Identify stakeholders•Make Surveys•Make sure it’s aligned to your outcomes

Nayeem Bhai plans on taking a customer feedback on his

Haleem.

Important Strategies In A Control Group

2. Measurements – Qualitative And Quantitative

Important Strategies In A Control Group

Quantitative

How do you feel about the service of our restaurants?

Qualitative

A rating system is incorporated for both qualitative and quantitative systems

Important Strategies In A Control Group

Rating Qualitative Surveys

Important Strategies In A Control Group

3. Frequency Of Measurements

Important Strategies In A Control Group

3. Frequency Of Measurements

• Who’s doing these surveys?

InternalThird party

• What is the sample size?

Summarizing

Summarizing

Summarizing

Pliss To Ask Questions, If Any

[email protected]@mynd_it

[email protected]@gowthamkyro