Lecture 5 Flashcards
What is impact in the SE perspective?
: results that target
the “root causes” of a soc/env problem
What are some methods for assessing social/environmental performance?
• Expected return (e.g. SROI, ERR…)
• Experimental methods (Randomized control trials)
• Strategy performance approach (e.g. Balanced
scorecards)
• Stakeholder approach (e.g. Participatory methods-
beneficiaries)
• Integrative approaches (e.g. system thinking)
• Theory of Change & Logic model
What are the purposes of measuring impact?
Diagnosis tool
• What actions work best to achieve outcomes
• What the unintended consequences have been
• Decision-making tool
What needs to be adjusted to improve execution
• Learning tool
How and why they are or are not achieved
Used before scaling-up
Collaboration tool
• Provide partners with evidence & feedback
What is the social renturn on investment consisting off?
Stakeholder approach + broader perspective beyond financial items + cost benefit analysis
Evaluative SROI
Measuring actual outcomes, a longitudinal,
retrospective approach
Forecasting SROI
Setting a range of possible social value to be
created, a predictive approach
SROI advantages and disadvantages
+ Useful supplementary tool to communicate value creation
+ Information on inputs of resources
+ Enables broad predictions
- No evidence of financial performance
- No information how the resources are used to create SV
- Arbitrary estimation on costs and outputs
- Approximate range of impact (upper and lower bound)
- Only partial outcomes known/measured