SOCAP OPEN is now closed. Thank you to everyone for participating and helping build a great SOCAP13. See the 2013 winners below! The top 23 entries are all coming through to SOCAP.

Impact Measurement: Say No to a Social Metric Burden; Say Yes to Profit-with-Purpose Performance

Samantha Duncan, LeapFrog Investments


It's hard to think of a more pressing challenge than measuring ”impact” or ”meaning.” What is impact? What is the business case for achieving that impact? And how do we drive entire management teams to realize that impact at scale? This is a call to all practitioners: if there is a true business case for impact, let’s move away from a box-checking metric exercise that can create a “metric burden,” and towards a more value-adding approach that enables entire businesses to drive around profit-with-purpose performance. At LeapFrog, the world's largest profit-with-purpose equity fund extending financial services to millions of underserved customers, we have developed a value-adding impact measurement framework we call FIIRM. The inside scoop: profit and purpose go hand in hand through leading operational indicators. We want to open the dialogue to share similar and dissimilar approaches, ask hard questions, and shift our thinking away from social screening towards deeper performance management that enables the “good companies” to achieve meaningful social impact at scale.
Data, global, innovation, international, investing, local, measurement
Panel
Intermediate

Monica Brand, Principal Director, Frontier Investments Tom Adams, Head of Impact, Acumen Fund Michael McCreless, Director of Strategy & Impact, Root Capital Natasha Malpani, Social Impact Associate, Big Society Capital

Leave a Reply

 
 
 
*
You can manage the subscriptions of this post.