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MANAGEMENT METRICS
SOPACT ... THEORY OF CHANGE
Understanding Social Performance with Theory of Change
Burgess COMMENTARY
I am archiving this video to remind myself of the perils of teaching and learning.
The intention here is excellent ... but for all the progress in helping to educate, there is likely more added confusion than anything else.
By way of disclaimer, I am probably a lot worse myself in complicating perfectly simple things ... but I think it can be useful to share the video, and then attempt to revise some of the material to make the information and the medthodology a lot easier and more effective.
I would like to start with the basic operating or management framing. This is based to some extent (1) on my education, training and experience as an engineer. (2) my training and experience as an accountant specializing in corporate efficiency, cost improvement and business performance, and (3) my work in various parts of the world with NGOs, Governments and others on issues related to development and humanitarian relief. Bottom line ... the aim is to get the best possible results or progress with the resources available and used.
In conventional financial accountancy, the standard reporting format includes an Opening and Closing Balance Sheet, and the Profit and Loss Account (sometimes referred to as a Statement of Income and Expenditure). The Opening Balance Sheet is the Balance Sheet at the beginning of the reporting period. The Closing Balance Sheet is the Balance Sheet at the end of the reporing period. The Profit and Loss Account summarises the income and the expenditures for the reporting period.
In conventional financial accountancy, it is accrual accounting rather than cash accounting that is usually used. In cash accounting, it is the payment of cash or the receipt of cash that is accounted for. In accrual accounting, it is the receipt of goods or services that is recorded and the sale (shipment) of goods or services that is recorded in the profit and loss accounts with the money transfers between the buyer and seller being recorded separately in the balance sheet accounts.
The problem with conventional financial accountancy is that it limits itself to (1) a rather limited reporting envelope comprising only the immediate operating activities and (2) not taking into consideration anything beyond the financial transactions and impacts, and (3) ignoring all the impacts associate with the supply chain and the post sale impacts during use and in the post-use waste chain.
Accordingly the management metrics used for planning, implementation and review should go well beyond conventional financial accountancy to include all the material elements that relate to the state and changes associated with the social dimension, the environmental dimension and the economic dimension.
Peter Burgess
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Theory of Change 🌍 Foundation for Social Impact Measurement (in 2021)
58,005 views
Feb 10, 2020
SoPact
6.57K subscribers
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* Theory Of Change * Outcome vs Output * Logic Model *Impact Metrics * Impact Management Project * theory of change examples, output vs outcome vs input
Are you looking to build a theory of change for social impact? Do you want to learn about the difference between Outcome vs Output? This is a foundation of Monitoring and Evaluation
Timestamps
00:00:00 Theory of Change Introduction
00:00:32 Impact Measurement Framework
00:01:54 Theory of Change Foundation
00:02:53 Theory of Change Example - Skills Development
* Input vs Output
* Output vs Outcome vs Impact
* Theory of Change vs Logic Model
* Monitoring and Evaluation ( M & E )
* Monitoring and Evaluation Framework
* Results chain
A good theory of change model is a foundation for building monitoring and evaluation or impact measurement strategy. Theory of Change in monitoring and evaluation can be used by social purpose organizations to build monitoring and evaluation strategies. You can also build the theory of change in impact evaluation step by step. This video explains your organization's intended path to impact by outlining causal linkages in an initiative (i.e., its shorter-term, intermediate, and longer-term outcomes and outputs). The identified changes are mapped in an “outcomes pathway” that shows the logical relationship and chronological flow between outcomes along the path to the desired impact. The links between outcomes are explained by “rationales” or statements of why one outcome is thought to be a prerequisite for another and can be updated on the basis of evaluation evidence. This video gives a detailed theory of change examples and the theory of change templates.
Currently, the two most accepted and wide-spread frameworks to document your impact measurement and management strategy are the Theory of Change and the 5 Dimensions of Impact by the Impact Management Project. Today’s video will focus on how to define your organization’s Theory of Change.
The video gives Theory of Change Example to understand the change (impact) that you are seeking for both accountability and the internal awareness of potential organizational challenges. In the ToC, the primary challenges indicated are your underlying assumptions.
An assumption (no matter how strongly you believe it to be true) is, after all, an assumption. Woven into the fabric of every Theory of Change is at least one grand assumption.
The Theory of Change is the foundation for any mission-driven initiative working on solving the globe’s most pressing social and environmental issues.
Sometimes referred to as T. O. C., the Theory of Change the impact that your organization is seeking to achieve, as well as all the intermediate steps to make sure that your activities and resources are well aligned with said change.
The theory of change should be defined before starting any new initiative or project and needs to be revised periodically, as your initiative evolves.
Theory of Change: https://www.sopact.com/theory-of-change
Theory of Change Software: https://www.sopact.com/theory-of-chan...
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For Impact Management Expert Series: https://bit.ly/2O0WSE1
#theoryofchange #logicmodel #socialimpact #impactmeasurment
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