How To Develop An Impact Measurement System That Actually Works For Your Organization
Why It Matters
Despite several methods being used in the sector today, many organizations still struggle to meaningfully track and report impact. Why? There’s a need for measurement approaches that are standardized enough to be meaningful, yet contextual and flexible enough to account for unique impacts. Sara Olsen, founder of SVT Group, gives us an impact measurement primer.
In late June, the Government of Canada released a report called Towards Canada’s 2030 Agenda National Strategy — an interim document that lays out several steps towards implementing the United Nations’ 2030 Agenda. It also includes a first iteration of the Canadian Indicator Framework, a collection of “ambitions, indicators, and targets” that will help Canada measure its progress on the 17 Sustainable Development Goals.
While it isn’t completed or in its final form just yet, the framework’s development highlights an issue that’s frequently raised in social impact. At the moment, beneficiaries and investors, as well as social enterprises and organizations themselves, often lack tangible ways to know that they’re actually moving the nee
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