Social Impact Measurement – Approaches and Difficulties .pptx

Social Impact Measurement – Approaches and Difficulties .pptx

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  Social Entrepreneurship Conference2022 Online | 23/03/2022 Social Impact Measurement – Approaches and Difficulties CE RESPONSIBLE | Salzburg University of Applied Sciences | Dr Magdalena Weiglhofer
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  TAKING COOPERATION FORWARD2 What is social impact? Effect of activities on social Effect of activities for the and/or ecological level goal of maximising profit Social Impact vs Economic Impact © intelligentHQ ©moneylenderpro
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  TAKING COOPERATION FORWARD3 Social impact measurement What is it? Process of finding out about the contribution of certain activities of an organisation to solve a specific social or environmental issue. ©iStock/Viktoria kurpas
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  TAKING COOPERATION FORWARD4 Why is it important? For social entrepreneurs: • To prove the effectiveness and efficiency of their activities • For internal management decisions • Raises awareness of this sector For investors: • To compare enterprises within a thematic area • To increase trust and decrease personal risk when making allocation decisions
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  TAKING COOPERATION FORWARD5 Difficulties I • Social impacts often not measurable in quantitative ways • Hard to translate into money as a common denominator • Hard to assign numeric values to certain outcomes • Heterogeneity of social enterprises ©Cornettscorner
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  TAKING COOPERATION FORWARD6 Overview of Impact Measurement Methods (c.f. Maas, K. and Liket, K., 2011)
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  TAKING COOPERATION FORWARD7 Difficulties II  Many existing measurement methods do not show a common understanding of what to measure, why or for whom to measure, or how to measure ©Shutterstock
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  TAKING COOPERATION FORWARD8 Our Approach to Reporting on Impact Collected Information to compare impact: • Description of ecological and/ or social challenge (motivation, goals and context of project) • Contribution to SDGs • Sustainable Development Impact Areas • Content of Project – Idea of problem solution • Target Groups • Financing Model
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  TAKING COOPERATION FORWARD9 Our Approach to Reporting on Impact Impact Value Chain (Hehenberger et al., 2013)
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  TAKING COOPERATION FORWARD10 Outcome Available at: https://net4socialimpact.eu/
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  TAKING COOPERATION FORWARD11 Impact brochure
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  TAKING COOPERATION FORWARD12 Impact brochure
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  TAKING COOPERATION FORWARD13 Activities in the field – example from Austria
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  TAKING COOPERATION FORWARD14 Used literature • Achleitner, A.-K., Bassen, A., Roder, B. and Lütjens, L. (2009) ‘Wissen, was wirkt. Ein Standard für die Berichterstattung von Social Entrepreneurs’. Ökologisches Wirtschaften, 4, 30-34. • Clark, C., Rosenzweig, W., Long, D. and Olsen, S. (2004). Double Bottom Line Project Report: Assessing Social Impact in Double Bottom Line Ventures. UC Berkeley: Center for Responsible Business. • Epstein, M. J. and Yuthas, K. (2014). Measuring and improving social impacts: A guide for nonprofits, companies, and impact investors, London: Routledge Taylor & Francis Group. • Grieco, C. (2015) Assessing Social Impact of Social Enterprises, Cham: Springer International Publishing. • Hehenberger, L., Harling, A.-M. and Scholten, P. (2013). A Practical Guide to Measuring and Managing Impact, Rotterdam/Berlin: Pitch Black. • Herkenrath, F. V and Vallaster, C. (2018). Measuring the impact of strategic corporate social responsibility (S-CSR). Finding the right approach, in Lindgreen, A.; Vallaster, C.; Yousafzai, S. and Hirsch, B. (eds.) Measuring and Controlling Sustainability. Spanning Theory and Practice, London: Routledge Taylor & Francis Group. • Kroeger, A. and Weber, C. (2015). ‘Developing a conceptual framework for comparing social value creation’, Academy of Management Review, 1(4015), 43–70. • Maas, K. and Liket, K. (2011). ‘Social Impact Measurement: classification of methods’, in Burritt, R., Schaltegger, S., Bennett, M., Pohjola, T. and Csutora, M. (eds.) Environmental Management Accounting and Supply Chain Management, 171-202. • Pärenson, T. (2011). ‘The criteria for a solid impact evaluation in social entrepreneurship’, Society and Business Review, 6(1), 39–48. • Vanclay, F. (2006). Principles for social impact assessment: A critical comparison between the international and US documents, Environmental Impact Assessment Review, 26 (1), 3–14.
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  TAKING COOPERATION FORWARD15 Dr Magdalena Weiglhofer Salzburg University of Applied Sciences CE RESPONSIBLE +00 0 000 00 00-00 [email protected] http://www.interreg-central.eu/ce-responsible Contact details facebook.com/CE-Responsible-112985660155613/ twitter.com/CeResponsible