Social ventures are constantly scrutinized on the impact of their projects and programs by their funders. As such, social audits are necessary to guarantee social interventions’ precision and mitigate redundancy, while guaranteeing the projects’ social and economic value. This course covers the concepts of social impact measurement: how to define your venture’s success in terms of social impact, what should be measured, and how it should be done.
In this training, you will learn:
- How to monitor a project and track an organization’s progress to promote accountability
- How to measure your organization or project’s impact
- How to develop a theory of change or logic framework
- How to collect data for impact measurement
This training comprises six short videos, four readings and four assignments. Professor Christina Hachikian of the Chicago Booth Business School and Linda Fogarty, Director of Measurement, Evaluation, Research and Learning at International Youth Foundation, facilitated the course.
- Reading: What is monitoring and Evaluation
- Video: Monitoring, Evaluation, Research and Learning by Linda Fogarty, Director of Measurement, Evaluation, Research and Learning at International Youth Foundation
- Video: Introduction to Impact Assessment for Social Ventures by Christiana Hachikian
- Video: Impact Assessment Case Study
Measuring activities and outcome, and collecting data
Theory of Change