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The below is the prompt for a final paper I should write – I included comments to help you write the report.
Develop an impact measurement and management (IMM) strategy for an organization of your choice –> I picked Offre Joie (https://offrejoie.org/about-us/). The organization’s primary mission/objective must be to provide impact benefits through its activity or product/service. The organization can be a business, not-for-profit, government, NGO or impact investing firm and should not be an organization featured in class. (Offre Joie meets these criteria)
Project Deliverables:
The project deliverable is a 7-page write-up (with up to 2 exhibits) that covers, at a minimum, the following points:
1. A brief summary of the organization and the activities/programs for which you are developing the IMM strategy. Include an overview of the organization\’s existing IMM activities, if available –> i.e. what do they measure, if anything (please refer to the pdf document I uploaded but please don\’t plagiarize it or reference it)
2. An analysis of the organization\’s theory of change, impact value chain, and five dimensions of impact (please make sure you create good looking tables to answer this question – please make it look professional and slick. I\’m attaching a PPT template that you could use as an exhibit for the theory of change. please research the other frameworks and fill them up accordingly following your research)
Note: These concepts were outlined in the initial class presentation and discussed throughout the course. Start with the theory of change. The impact value chain (inputs, activities, outputs, outcomes and impact) as you will note, flows from the theory of change. The five dimensions of impact include “what,” “how much,” “who,” “contribution,” and “risk.”
3. A discussion of the feasibility of the organization using different viable IMM methodologies, including the trade-offs of each.
Note: Even if it is readily apparent to you which IMM methodology you would use for the organization you have selected, please describe the degrees to which various methodologies/tools may have been useful and why you did (or did not) choose them and which one(s) you would choose. It is likely that whatever methodology/tools you suggest will also have some shortcomings. Please describe these. As you recall, we discussed various methodologies/tools, including RCTs, Meta-analysis, Impact Multiple of Money, Lean Data and customized/bespoke methods such as Root’s Efficient Impact Frontier. You may decide to use more than one methodology as they can be complementary. Feel free to use an exhibit to summarize the pros and cons of methodologies/tools considered.
4. Indirect Impact: Describe the indirect impact, including potentially positive as well as negative externalities, of the activities of your organization. How feasible would it be to measure this indirect impact and to assess the organization’s contribution to the indirect impact?
5. Cost/Benefit: Estimate the cost that your organization is incurring and then try to compare estimated cost (or how you would estimate cost) against the benefit/impact the organization is delivering. Activities that are generating positive impact also have a cost associated with them. Benefits/impacts are sometimes quantifiable and other times more qualitative and difficult to estimate. For a for-profit, the cost may be the capital required to get to profitability. For a not for profit, consider the budget over a period of time and compare that to the value of the impact delivered during that time period. If estimating the cost would be time consuming (due to required research), then describe the research you would do to get a reasonable cost. The benefit/impact may or may qualitative or quantitative or a mix. If your organization delivers multiple programs, then estimate cost/benefit for just one program. The objective here is not mathematical precision (in some cases, you may not have any numbers at all) but rather your thought process in thinking through how one might make reasonable estimates of costs and the likely value (quantitative and/or qualitative) generated by those costs.
6. Additionality: Describe ways in which the impacts delivered by the organization you are describing are likely to be “additional” to what would have happened without your organization. For example, if you were evaluating the additionality of a mental health hotline, you would consider factors such as the existence of other mental health hotlines, the quality and visibility of such hotlines and whether other actors such as the government would have developed the service had your organization not been developed. Once again, I am less interested in the quantification of additionality (though some numbers might be instructive) and much more interested in the thought process you would go through in evaluating additionality. In the example above, for instance, you might be able to estimate the reach of other services and compare to the reach of the one you are evaluating, but I would not expect to try to quantify the probability of a government service being launched. Merely noting the possible role of government is sufficient.
As part of the analysis, you\’re expected to include references to frameworks as well as references to secondary qualitative and/or quantitative data (e.g., existing RCTs or industry reports).
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