Measuring Social Outcomes and Impact Financial Perspective

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.
Who this course is for
Finance professionals wanting to partner with program staff to build performance matrices
General interest in evaluation of Non-Profit Organisations
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