Charities, social enterprises and funders need access to the best data, tools and systems to measure their social impact well. Substance will lead Inspiring Impact’s work to develop the infrastructure needed to ensure the sector can review, access and use the best quality data, tools and systems.
Read about current projects under this theme below.
Online impact marketplace research and feasibility study
Impact measurement is currently hampered by the lack of a mature market for impact measurement tools—questionnaires, survey tools, or performance management systems. New tools are emerging that vary in quality and usability, and work is needed to bring the most robust and useful tools to the market. An increasing number of charities and social enterprises seek off-the-shelf tools and systems, but lack the skills to select the right one.
The demand is there and supply is growing too, but we need the infrastructure to help charities and social enterprises review relevant tools, make informed decisions about which are right for them, and purchase them in a smooth, efficient way. There are several ways we could do this: for example building an online directory or impact marketplace, making use of search engine optimisation, social media, wiki and semantic web technologies.
We are researching and testing the feasibility of these different options, looking at the scale of demand, scale of supply, and potential for sustainability. We are currently prototyping am online marketplace that will make tools available for planning, managing, measuring and reviewing your impact.