Impact management has two major components: measurement and response.
First, you must measure, with as much precision as possible, the financial and non-financial results of your investments of time, treasure and talent. Whether you are managing a nonprofit or a Fortune 500 CSR program, only once you measure, can you execute precise strategies and report honestly to your investors or donors.
SOLVES FOR THE FOLLOWING
- Insufficient revenues
- Poor case making
- Inefficient program strategy, organizational design and use of resources
- Inability to differentiate yourself from your competitors
- Lack of internal cultural cohesion around goals
- Ineffective brand management
SCHAFFER&COMBS PRACTICE
A vast number of otherwise sophisticated organizations measure their non-financial outcomes through estimation and communicate them via anecdote. As a consequence, they are unable to express their value proposition, and they leave money on the table.
S&C helps organizations to identify, with precision, their intended outcomes and impacts – both financial and non-financial. We devise affordable, simple, practicable solutions to measure these crucial outcomes and to communicate them both internally and externally.