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Impact Measurement Series: Part #3 - Mastering Impact Measurement for Nonprofits
The Social Impact Solutions Podcast
Summary
In this episode of the Social Impact Solutions podcast, John Mark and Lauren Vanderpool discuss the importance of capturing reliable impact data for nonprofits. They explore the challenges organizations face in measuring their impact, the tools available for data capture, and the significance of using validated assessment tools. The conversation emphasizes the need for nonprofits to understand their outputs and outcomes, especially in competitive funding environments, and provides practical strategies for effective impact measurement.
Takeaways
- Reliable impact data is critical for nonprofits.
- Measuring impact helps determine outputs and outcomes.
- Real-time data allows for better decision-making.
- Impact measurement is crucial during competitive times.
- Using validated assessment tools enhances data reliability.
- Manual surveys are less effective than digital tools.
- Investing in good data systems saves time and resources.
- Understanding what data to capture is essential for nonprofits.
- Academic resources can provide valuable validated tools.
- Aligning nonprofit strategies improves fundraising efforts.
Chapters
00:00 Introduction to Impact Measurement Series
02:17 The Importance of Reliable Impact Data
05:11 Navigating Challenges with Impact Measurement
08:14 The Heart Rate Analogy for Impact Measurement
14:30 Choosing the Right Tools for Data Capture
23:29 Determining What Data to Capture
28:49 Conclusion and Future Directions
Keywords
impact measurement, social impact, nonprofits, data capture, reliable data, fundraising, impact metrics, assessment tools, nonprofit leaders, program evaluation
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