Measuring Social Outcomes And Impact: Financial Perspective

A finance professional's guide to measuring effectiveness of non-profit organisations

What you'll learn

Background to measuring social outcomes and Impact (effectiveness)

Differences between efficiency and effectiveness measures

Characteristics of high performing organisations

Utilise various measurement frameworks and methods, how to apply them to context, benefits of each technique and limitations

Benefits and challenges to measuring effectiveness

Understand the role of funder in capacity building and measurement for sustainable relationship with non-profit organisations

Explore the role of finance function in the measurement process and the upskilling required for this process

Requirements

Finance professionals

Program and Research staff in Non-Profit Sector

Academics interested in Non-Profit Sector

Description

Overview of Measuremento Background to measurement of social outcomes and Impacto Efficiency and effectiveness measurerso The results chaino Characteristics of high performing organisationsMeasurement Frameworks and MethodsAn exploration of features, application, benefits and limitations of each f the followingo Monitoring, Evaluation, Reporting and Improvement (MERI)o Program Logico Theory of Changeo Social Accounting and Auditingo Global Reporting Initiative (GRI)o Social Return on Investment (SROI)o Most Significant ChangeGetting ahead with Measuremento Benefits of measuremento Steps in choosing measurement frameworko Challenges to measurementCapacity and Effectivenesso Funder and capacity buildingo Funder and measurementRole of Finance functiono Paradigm shift from efficiency focus to effectiveness measureso Upskilling and business partnering.Why are we Studying this?There is a growing interest in the measurement of social impact across the non-profit sector. It is therefore timely that we equip ourselves with the knowledge and skills required for measuring a non-profit organisation’s journey to reaching its mission. Non-profits play a huge role in ‘enhancing the economic, social, cultural and environmental wellbeing of society” (as cited in C. Morgan 2012). It is therefore important that we measure these contributions both as a matter of learning and influence government policy towards the sector.

Overview

Section 1: Overview of Measurement of Social Outcomes and Impact

Lecture 1 Summary

Lecture 2 Background to Measurement

Lecture 3 Importance of Measurement

Lecture 4 Efficiency and Effectiveness Measures

Lecture 5 The Results Chain

Lecture 6 Characteristics of High Performing Organisations

Section 2: Measurement Frameworks and Methods

Lecture 7 Overview of Measurement Frameworks

Lecture 8 Monitoring, Evaluation, Reporting and Improvement (MERI)

Lecture 9 Program Logic

Lecture 10 Theory of Change

Lecture 11 Social Accounting and Auditing

Lecture 12 Global Reporting Initiative (GRI)

Lecture 13 Social Return on Investment (SROI)

Lecture 14 Most Significant Change

Section 3: Planning and Key Considerations in Measurement

Lecture 15 Benefits and Factors to Consider Before Measurement

Lecture 16 Approaches to Measurement

Lecture 17 Role of Funder in Capacity Building for Measurement

Lecture 18 Role of Funder in Measurement

Lecture 19 Challenges to Measurement of Effectiveness

Lecture 20 Role of Finance Function in the Measurement Process

Section 4: Conclusion

Lecture 21 Conclusion

Finance professionals wanting to partner with program staff to build performance matrices,General interest in evaluation of Non-Profit Organisations