Toolkits: Impact Assessment

Speakers: Lance Potter, Director of Evaluation at New Profit Inc. Lisa Hehenberger, Research Director at EVPA Kevin Robbie, Executive Director at Social Ventures Australia Moderated by: Jeremy Nicholls, CEO of The SROI Network

Jeremy Nicholls CEO The SROI Network

Lance Potter Director of Evaluation New Profit Inc.
Lance_potter@newprofit.com

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Impact assessment in U.S. nonprofit sector

Impact assessment rising in importance in nonprofit and public sectors Continuing interest in integrating for-profit management practices into nonprofit operations Renewed engagement of federal government in program effectiveness Large-scale changes in education adding to climate Three trending areas: Impact Assessment | 9 May 2013 | AVPN, Singapore | New Profit & Evaluation Strategy LLC

Collective Impact
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Assessing impact as an outcome of multiple program interventions acting in coordination Could lead to more powerful outcomes on larger scale Requires unusual levels of mission integration
 Strive

Promising but difficult to make substantice
 Easily

oversold

Trend: Uncertain
Impact Assessment | 9 May 2013 | AVPN, Singapore | New Profit & Evaluation Strategy LLC

Experimental Design
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Pendulum swing in design challenges of outcome research Obama administration catalyzing the trend
 Evidence-based

programming

Philanthropies and policy groups joining in
 Coalition

for Evidence-Based Policy, Brookings, Results for America, etc.

Trend: Up
Impact Assessment | 9 May 2013 | AVPN, Singapore | New Profit & Evaluation Strategy LLC

Social Impact Bonds
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     

Public/private partnerships for financing social programs Pioneered in England Increasingly called “Pay for Success.” Entire mechanism relies on outcome data USG and states experimenting Major challenge: data availability Trend: Up, for now.
Impact Assessment | 9 May 2013 | AVPN, Singapore | New Profit & Evaluation Strategy LLC

Big Data
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 

It’s big It’s not here It’s coming Trend: Inevitable, Mr. Anderson

Impact Assessment | 9 May 2013 | AVPN, Singapore | New Profit & Evaluation Strategy LLC

Lisa Hehenberger Research Director EVPA
lhehenberger@evpa.eu.com

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Impact Measurement Initiative

Provide guidance on how to work with maze of tools, methodologies, databases and metrics on social impact measurement – recommending best practice without “reinventing the wheel”. Expert group:

EVPA and its Knowledge Centre are supported by:

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The Impact Measurement Process

The five steps of social impact measurement

Source: EVPA
EVPA and its Knowledge Centre are supported by:

http://evpa.eu.com/knowledgecentre/publications/evpapublications/

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The IM Process/ Lessons learned


Any organisation will learn from going through the impact measurement
process –aim is achieving greater social impact! Setting clear objectives in terms of social change you are trying to achieve is essential to be able to quantify and measure – you can waste a lot of resources by starting to collect data without knowing what you need

Engage key stakeholders to make sure they understand and support impact objectives - and verify that outcomes are valued by them!

The best indicators are the ones that are co-developed with the social
enterprise you are supporting – so that they are meaningful to them and can be used as a management tool

EVPA and its Knowledge Centre are supported by:

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Challenges and Next Steps

Challenges
• Achieving reporting standards for social sector – German Social Reporting Standard good example How to measure impact at portfolio level – examples provided in EVPA Guide Dedicating appropriate resources both at investor and at investee level Venture philanthropy must measure its own impact as a high engagement funder!

Next Steps
• Guidelines: EVPA working on high level guidelines for impact measurement best practice. Regulation: EVPA represented in European Commission’s sub-group on impact measurement - IM recommendations for European Social Entrepreneurship Funds. Implementation / Training: IM will be a key part of the dedicated VP/SI training institute to be launched by EVPA in 2013/2014

• •

EVPA and its Knowledge Centre are supported by:

Kevin Robbie Executive Director Social Ventures Australia
krobbie@socialventures.com.au @kevinrobbie10

Social Ventures Australia

This information is confidential and was prepared by SVA Consulting solely for the use of our client; it is not to be relied on by any third party without prior written consent.

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www.socialventures.com.au
This information is confidential and was prepared by SVA Consulting solely for the use of our client; it is not to be relied on by any third party without prior written consent.
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http://svaconsultingquarterly.co m/2012/07/11/investing-inimpact-lessons-learnt-applyingsroi-in-australia

http://svaconsultingquarterly.co m/2012/07/12/finding-thegolden-thread-a-new-approachto-articulating-program-logicstatements
This information is confidential and was prepared by SVA Consulting solely for the use of our client; it is not to be relied on by any third party without prior written consent.
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vs

This information is confidential and was prepared by SVA Consulting solely for the use of our client; it is not to be relied on by any third party without prior written consent.

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Toolkits: Impact Assessment
Speakers: Lance Potter, Director of Evaluation at New Profit Inc. Lisa Hehenberger, Research Director at EVPA Kevin Robbie, Executive Director at Social Ventures Australia Moderated by: Jeremy Nicholls, CEO of The SROI Network

Break: 4.25 – 5pm
Please gather back at the auditorium on level 5 for rest of the programme

Interactive Panel: MRA at 5.10pm

European & US Perspectives on Venture Philanthropy

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