What is social impact measurement?
Social impact measurement is the process of assessing the social, economic, and environmental effects of an initiative.
Why is it important for organizations?
It's important because it helps organizations understand their effectiveness, improve their programs, and demonstrate accountability to stakeholders.
What methods are commonly used for measuring social impact?
Common methods include surveys, interviews, case studies, and quantitative metrics like social return on investment (SROI).
Can you give an example of a successful social impact measurement?
Sure! An example is a nonprofit that used surveys to measure the educational outcomes of its after-school programs, showing significant improvements in student performance.
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