Balanced Scorecard

Summary
Measures operational performance in terms of financial, customer, business process, and learning-andgrowth outcomes Advocates integration of these outcomes into strategic planning processes. Framework for collecting and integrating the range of metrics of the Impact Value Chain and is adaptable to an organisations stage. Helps coordinate evaluation, internal operations metrics and external benchmarks, but is not a substitute

Applicability to Lifecycle Stages

Observations
Feasibility is high for organisations willing to undertake monitoring and management decisions as well as data collection and analysis

Assessment Purposes in Investment Process

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Acumen Scorecard
Summary
Entails tracking progress on short and long term outcomes, which is assess in terms of outcome milestones and benchmarks. Progress on selected outcomes is interpreted according to the method as likely to lead to investment impact (outcomes net of what would have happened without the ventures existence) Although the outcome measurement strategy is good, the system does not measure true impacts at the current time but as these usually are only apparent in the medium to long term.

Applicability to Lifecycle Stages

Observations
High feasibility and low cost if an organisation already intends to collect the needed cost, revenue, and outcome data to screen potential ventures

Assessment Purposes in Investment Process

CONFIDENTIAL

Ongoing Assessment of Social Impact

Summary
Developed to assess the social outputs and outcomes for non-profit agencies It is a customised, comprehensive, social management information system (MIS) Integrates the organisations information tracking practices and needs, and then implementing the information to measure progress on short to medium term (2 years) outcomes. Methods outcome measurement strategy is good and has high social science credibility compared with other methods used by double bottom line ventures.

Applicability to Lifecycle Stages

Observations
Moderate feasibility if the organisation is willing to undergo monitoring, data collection, analysis and management decisionmaking due to the moderate to high cost.

Assessment Purposes in Investment Process

CONFIDENTIAL

Social Return on Investment

Summary
Developed to help place a dollar value on ventures with social objectives. Approach combines both cost-benefit analysis and the tools of financial analysis used in the private sector. Practically more accessible to a broader range of users due to the reduction of technical jargon and complicated techniques. Methods credibility is higher than most other approaches as it can be based on actual data of the organisations outputs and outcomes, and on proxy research.

Applicability to Lifecycle Stages

Observations
High feasibility and low cost if an organisation already intends to collect the needed cost, revenue, and outcome data.

Assessment Purposes in Investment Process

CONFIDENTIAL

Cost-Benefit Analysis
Summary
Type of economic analysis in which the costs and social impacts are expressed in monetary terms. These are then assessed to one or more of three measures: net present value cost-benefit ratio internal rate of return

Applicability to Lifecycle Stages

Observations
Credibility of the analysis depends on the use of an appropriate research design to measure impacts. Conclusive analysis cannot be conducted until social impacts are measured.

Assessment Purposes in Investment Process

CONFIDENTIAL

Summary
Logic Model Balanced Scorecard Acumen Scorecard
Mixture of financial and non-financial measures each compared to a target value. Gives consideration to the companys vision and mission during the preparation. Tracks progress on short and long term outcomes, which is assessed in terms of outcome milestones and benchmarks. Progress on selected outcomes is interpreted as likely to lead to investment impact Social Management Information System Integrates organisations tracking needs and practices and implements it to measure progress on short to medium term outcomes. Helps to place a dollar value on ventures of social objectives. Combination of cost-benefit analysis and other financial analysis tools. Social impacts and costs are expressed in monetary terms. Then assessed to one or more of three measures: Net present value, Cost-benefit ratio and Internal rate of return.

Ongoing Assessment of Social Impact

Social Return on Investment Cost-Benefit Analysis

CONFIDENTIAL

OBE Models Credibility Risks

Logic Model Balanced Scorecard
Poorly specified impact value chain Failure to articulate key assumptions about causal links in model. Weak analytical tests of causal links in the model. Misinterpretation of research evidence, especially in terms of claiming impacts.

Acumen Scorecard
Ongoing Assessment of Social Impact Social Return on Investment Cost-Benefit Analysis

Selection of inputs, outputs, and/or outcomes that are not actually related to impacts or overall financial performance. Weak correlation between outcomes chosen and true impacts. Lack of counterfactuals.

Reliability of data collection procedures, including factors like cooperation of investees. Poor impact measurement based on weak research design. Poor social accounting framework. Lack of counterfactuals (outputs or outcomes may be misinterpreted as impacts). Missing important intangible impacts and/or costs. Poor impact measurement based on weak research design. Poor social accounting framework. Missing important intangible impacts and/or costs.

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Summary of Key Characteristics

METHOD PROCESS IMPACT MONETIZATION

Logic Model Balanced Scorecard Acumen Scorecard Ongoing Assessment of Social Impact Social Return on Investment Cost-Benefit Analysis

CONFIDENTIAL

Summary of Key Characteristics

ASSESSMENT PURPOSES

METHOD

SIMPLICITY

SCREENING

PARTNERSHIP FORMATION

MANAGEMENT OPERATIONS

SCALING

EXTERNAL REPORTING

EXIT

RETROSPECTIVE EVALUATION

APPLICABILITY TO LIFECYCLE STAGES

Logic Model Balanced Scorecard

Acumen Scorecard
OASIS SROI Cost-Benefit Analysis

CONFIDENTIAL

Summary of Key Characteristics

ASSESSMENT PURPOSES

METHOD

SIMPLICITY

SCREENING

PARTNERSHIP FORMATION

MANAGEMENT OPERATIONS

SCALING

EXTERNAL REPORTING

EXIT

RETROSPECTIVE EVALUATION

APPLICABILITY TO LIFECYCLE STAGES

Logic Model Balanced Scorecard

Acumen Scorecard
OASIS SROI Cost-Benefit Analysis

Logic Model is suitable in all of our choosing criterias.

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Impact Value Chain

Goal Alignment

Inputs

Activities

Outputs

Outcomes

Logic Model Balanced Scorecard Acumen Scorecard Ongoing Assessment of Social Impact Social Return on Investment Cost-Benefit Analysis

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