What is it about?
This chapter examines key lessons about measuring the impact of activities on communities and the planet. These lessons are drawn from the team’s experiences in evaluation and grounded in the current thinking offered by, for example, the UN Sustainable Development Goals (SDGs), the Impact Management Project, and Social Value International. We also look at the importance of building impact measurement from the ground up by incorporating community feedback.
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Why is it important?
Understanding the positive and negative impact of social investing when tackling Wicked Problems requires investors to discern uncertain, hazardous, and conflicting information. It requires moral judgement, transparency, and intentionality. This chapter begins by sharing key lessons learned intended to guide social investors as they develop strategies for measuring impact. It provides context by highlighting current thinking and best practice from across the field. It explains why now is the right time to scale impact measurement, and the challenges that will involve.
Perspectives
The separation between impact and financial value is a social construction. It is neither inevitable nor necessary. Imagine a future where this was not the case.
Prof. Robert M Yawson, PhD
Quinnipiac University
Read the Original
This page is a summary of: How Do We Know? Measuring Impact, January 2020, Springer Science + Business Media,
DOI: 10.1007/978-3-030-40712-4_4.
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