Where Will You Invest?
Option 1 Option 2
A Salman Khan movie that pays you 15% per 100 prints
A Tiger Shroff movie that pays you 10% per 100 prints
How Did You Figure That Out, Sherlock?
Anticipated impact depending on circumstances
The X - Factor
The returns you’re getting on the offer
Impact Measurement is the process of
identifying the impacts of a development
intervention, on those social, economic
and environmental factors which the
intervention is designed to affect or may
affect and then monetizing them.
Logic Framework Making Activity
•Form group of 5’s
•Look at your handouts.
•Develop your logic model
What Is SROI?
• Social return on investment
• SROI = Present Value-------------------------------
Value of inputs
• A method to measure the value that you create with your work, be it social, environmental or economic.
• Value be identified by involving all the stakeholders to determine what is relevant.
Why
• Demonstrate your impact
• Assess a project
• Figure out how to improve.
• Helps you communicate your value
• Puts a value on things that are usually ignored
by the companies.
Types Of SROI
FormativeEvaluative
Conducted before starting a project or NGO.
Conducted after you complete the works.
Predicts how much value you create if your activities meet their intended outcomes.
Based on outcomes that have already taken place.
Used to judge the worthiness of a project for investing.
Used to evaluate impact.
How do you calculate?
• Choose stakeholders.
• Decide on outcomes that matter.
• Choose indicators.
• Give a monetary value.
• Establish impact.
• Calculate SROI
Out of School Program
Input Output Outcome Impact
Rs. 1,50,000 50 students taught in a year.
80% students at grade level.
No dropouts.
40% more students pass 10th - better jobs.
Less expenditure for the govt. on unemployment benefits and health costs.
Impact : 40% of 50 = 20 kids. Year 6 Year 7 Year 8 Year 9 Year 10
(A) Increased income per student. 5000 6000 7000 8000 9000
(B) Reduced expenditure to govtdue unemployment benefit
1000 1000 1000 1000 1000
(C) Reduced healthcare expenditure
1000 1000 1000 1000 1000
(A + B + C ) Total gains per student. 7000 8000 9000 10000 11000
[(A + B + C)* 20] Total impact. 140000 160000 180000 200000 220000
Present Value ( Interest – 6%) 98694 106409 112934 118380 122847
Total Present Value =
559264.
Lets count the beans!
SROI = PV / Input.
GP Time!!!
• Form group of 5’s
• Look at your handouts.
• From the logic models you have developed,
choose indicators for your outcomes.
• Calculate PV.
• Find out the SROI.
How To Not Use SROI
• Do not compare!
• Do not focus only monetization.
• Choose inappropriate indicators.
What do we know till now?
How To Arrive At Outcomes – Logic Framework
Is your outcome ambitious yet achievable? -SROI
•Which outcomes are most important for Investors?
•How will you measure these outcomes?
•What challenges do you see in measuring these outcomes?
Measurement Methods
A teacher training program was conducted in an academic year. It led to increase in Maths scores by 85% in 1 year on a standardized
test taken in the beginning and in the end of the year.
Was the program a success?
Measurement Methods
A teacher training program was conducted in an academic year. It led to increase in Maths scores by 85% in 1 year on a standardized
test taken in the beginning and in the end of the year.
Additional informationIn other schools without the teacher training program, the
average increase in Maths scores was 83%. Now, do you think the program was a success?
Now, was the program a success?
Measurement Methods
What Is A Control Group?
1. Baseline Survey
2. After school program for weaker kids
3. Teacher Training program
4. Administrative Support
5. Surveys to measure impact
1. Baseline survey
2. No intervention
3. Surveys to measure results
School 1 School 2
A group established for studying the improvement in outcomes without the inputs of the program in consideration.
Important Strategies In A Control Group
1. Baseline Surveys - Figure your start point
•Identify stakeholders•Make Surveys•Make sure it’s aligned to your outcomes
Nayeem Bhai plans on taking a customer feedback on his
Haleem.
Important Strategies In A Control Group
2. Measurements – Qualitative And Quantitative
Important Strategies In A Control Group
Quantitative
How do you feel about the service of our restaurants?
Qualitative
A rating system is incorporated for both qualitative and quantitative systems
Important Strategies In A Control Group
3. Frequency Of Measurements
• Who’s doing these surveys?
InternalThird party
• What is the sample size?