Social Impact Measurement is key to understand the level of positive change an organisation can bring to society. It allows social enterprises to evaluate how their mission can provide social benefits and determine the degree of positive impact generated in people’s lives through its operations. Social impact measurement is also relevant for funding opportunities, since potential funders want to ensure that they are investing in a social business that will promote a real difference in society.
Also, measuring the social impact improves credibility of the organisation, inspires team members, attracts financing and volunteers and encourages continuous improvement of services. Here is a selection of best sources to help you understand the purpose and importance of impact measurement for social enterprises, as well as provide methods you can use to measure the degree of positive change your business will bring to society.
This sources contain relevant information on social impact measurement guides, strategies, and tools to help you analyse the social impact of your enterprise.