Shopanthropic Blog

It can be argued that demonstrating social impact is very important, however most social entrepreneurs are not very good and showing this. While some just might not see the results for their social projects yet, others simply do not understand how to demonstrate this social impact. There are a few tools out there for organizations interested in evaluating social impact such as the Social Return on Investment (SROI) analytics model.

“Social Return on Investment is an analytic tool for measuring and accounting for a much broader concept of value, taking into account social, economic and environmental factors.”

SROI is commonly used to come up with figures for the social value (or social impact) generated by products and services, such as the example quoted by nef that: “£1 invested in high-quality residential care for children generates a social return of between £4 and £6.10.”

However, while SROI has been proven to…

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