‘Impact’ is the word of the moment in philanthropy, charity and even impact investing. Donors want to have an impact with their giving, charities want to know if their work is making a difference, and investors want their investments to have an impact.While everyone wants to be impactful, what’s missing is an agreement or understanding of what that means. Defining …
We know that high quality development data is the foundation for meaningful policymaking, efficient resource allocation, and effective public service delivery.Consider if you will – how, the Covid-19 pandemic that is now nearing a 18-month cycle – impacts all aspects of our lives and work. But it has also become clearer how important data, statistics and scientific evidence have become. …
The new year always brings new hope, and trend forecasters are quick to join the cause to predict positive future scenarios. However, our research indicated that the social investment and development sector remains in turmoil.
Over the past 12 months we purposefully set out to study social impact reports. Because of our work in impact management and measurement, we needed to find the best way to tell the story of what impact was achieved. In our quest to determine best practice, we found that currently most impact reports only share anecdotal stories. And whilst this …
This year, Next Generation’s annual research report is seeing the light quite late in the year.
With good reason. The new year always brings new hope, and trend forecasters are quick to
join the cause to predict positive future scenarios. However, our research indicated that the social investment and development sector remains in turmoil.
Communicating impact is growing in importance as more and more stakeholders in the development sector begin to see the value in sharing their journeys and success stories. In a previous article we touched on the importance of transparency, especially as societies try to forge a new social compact that serves all members of society. One way to achieve this transparency …
The advent of the SDGs, growing dissatisfaction with current economic models, the explosion of impact investing, impact measurement and other innovative finance models coupled with the potential that the fourth industrial revolution presents and the growing ubiquity of digital technology has created the context in which an overhaul of current monitoring and evaluation practices is required. Robert Picciotto says in …
Oftentimes social investors, grant-makers and donors are put off by the cost of an impact assessment. But the cost of an impact assessment is directly related to the size of the investment, number of investments made, programs funded, location and the scale & size of these interventions. In addition, it’s influenced by how much information is available (i.e. strategies, monitoring …
Whilst many donors, grant-makers, social purpose organisations and social investors are keen to report on their investments and impact, it’s not that easy to develop a good impact report. Reporting your impact can help you to: Review your impact against your vision and goals Create a learning organisation where people focus on results and adapt and improve services Motivate staff, …
Over the past seventeen years we’ve assisted numerous social investors, philanthropists, grantmakers and development organisations to not only become more sustainable, but to also create greater social impact.In the process, we’ve collected many insights into social impact innovation, social investment and development. In this article we aim to share some of our insights in the hope that it’ll contribute to …