E150Educational Innovation and Social EntrepreneurshipIn Comparative Perspective

Week 4 Section

Vanessa Beary

veb682@mail.harvard.edu

HOUSEKEEPING

• Paper 1: Due 24 February (830am EST)

• Late papers not accepted. Emailed papers not accepted. You must upload to drop box.

• Discussion forum TF posted by Monday nights EST. Your posts should be posted before new video is posted on Fridays.

• Announcement section – check regularly

HOUSEKEEPING• MINI-CONFERENCE: Friday 11 MAY 2012

• Location of conference: Cambridge, MA, USA

• If you want your paper to be considered for the conference, you must submit your paper by 27 April 2012.

• Only papers that get above an A- will be invited to present at the conference

• If you do not plan on presenting your paper, your due date is that which is listed on the syllabus (4 May).

Housekeeping

No section the week of HGSE spring break (3/13 and 3/14).

Daylight saving time ends 3/9. Figure out if this applies to you! Section time will remain at 11AM EST the entire semester.

Today’s section

Session 4 — Measuring Social Impact and Accountability

Themes of the Week

-What should we measure?-How do we quantify the benefits/costs of an intervention?

*Methodological approach?*Appropriateness of RCTs?

-How much of any impact can be attributed to the investment made by the funder?

Measuring Social Impact and Accountability

What changes do you expect to see? What changes would you want to see after that?What changes would you hope to see after that?

Measuring Social Impact and

Accountability

Measuring Social Impact and

Accountability

OUTCOMES SHOULD…..

• Represent changes that can logically be expected to result from activities articulated in a logic model,

• Be within the program’s sphere of influence,• Be generally accepted as valid by various

stakeholders of the program,• Be phrased in terms of change, and• Be measurable.

In your opinion, what are the most critical elements that signal that a nonprofit is deserving of a donation?

Measuring Social Impact and

Accountability

Measuring Social Impact and Accountability

What is the most meaning non-financial information that can help a donor determine a nonprofit’s ability to successful implement programs that work?

Measuring Social Impact and Accountability

In your opinion, what is the most meaningful information that can help a donor determine how much of a difference a nonprofit’s programs actual make?

Measuring Social Impact and Accountability

Since much of the information of interest to nonprofit analysts is released only on a voluntary basis by nonprofits, how should donors react when some charities share substantive information, revealing weaknesses and past failures, while the vast majority share no substantive information?

Social impact model

Social Innovation

Social Problem Definition 1.Description of target problem 2.Identify your niche in addressing it

• What trends contribute to the problem?

• What is currently being done?• What is the unique opportunity

you’ve identified?

Social innovation

Vision of success

1.What success means for the targeted social problem 2.Your motivation and that of your stakeholders

• “We envision a day when...” • Who is contributing

Social innovation

Social and economic impact indicators

• Assessing the long-term progress toward meeting your vision • Whether your hypothesis is working or not

• Achievable targets, evidence of impact • Logical Framework?

Social innovation

Mission

• Who’s the beneficiary?

• What activities will you do and not do?

Social innovation

Operating (business) model

• How you will carry out the mission

• Nuts and bolts behind it (people, money, structure)

Social innovation

Operating (business) model

• How you will carry out the mission

• Nuts and bolts behind it (people, money, structure)

Social innovation

Social impact strategies• Major actions your organisation will take to carry out its mission • Are you doing the right things? Too little? Too much?• What do you need to know?

Social Impact Model

Feedback loop• From measurements, return to your operating model and social impact strategies

LESSONS LEARNED

Next week

Strategy and Operating Models in Social Ventures

-Steve Mariotti / NFTE-Len Schlesinger / Babson

QUESTIONS?