![]() Date: 2025-03-14 Page is: DBtxt003.php txt00020984 | |||||||||
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Original article: Burgess COMMENTARY Peter Burgess | |||||||||
Topic: Moving from impact standards to impact experiments for effective social value.
Description: Businesses, Impact Investors, and Philanthropy all aspire to measure the impact of their initiatives better. However, many of them struggle with finding the right approach. What complicates the process of Impact Measurement and Management? “In order to go in a different direction, we need to build new roads.” -Prof. Muhammad YunusImpact measurement does not have to be complicated. With practical experiments and continuous improvement, the long-term impact can be achieved.
Understanding one outcome is hard enough, and organizations wanting to measure 15 is nearly impossible. The core problem with this approach is that it leads organizations to get into an endless analysis mode. More importantly, it gets in the way of understanding actionable social impact evidence. A new way to maximize social impact is,
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