1. Using the Power of Impact Measurement for Better Management INSEAD Social Entrepreneurship Programme SIAA Annual Conference - Berlin Hot Spot Presentation 22 November 2012 Hans H. Wahl, Director Social Entrepreneurship Programme (ISEP) INSEAD Social Entrepreneurship

2. Equitable & durable improvements in human wellbeing and social justice 2 Measurement of Social Impact 3 rd Level Impact 3 rd Level Impact 2 nd Level Outcomes (Effects) 2 nd Level Outcomes (Effects) 1 st Level Inputs, Activities & Outputs 1 st Level Inputs, Activities & Outputs Changes in human behaviour practices, systems, institution, policy change or services Resources, actions, changes that are direct result of activities

3. INSEAD Social Entrepreneurship Theory of Change (Impact) Theory of Change: Step #1 Problem Statement Desired Impact

4. INSEAD Social Entrepreneurship Theory of Change (Impact) & Value Proposition Value proposition is foundation for defining social impact 4 Theory of Change & the Value Proposition Problem Statement Outputs Desired Impact Outcomes Event evaluation Event evaluation Quantity evaluation Change e valuation Results e valuation Inputs Activities Cost evaluation Solution Internal External

5. INSEAD Social Entrepreneurship 5 Theory of Change: Worksheet #3 Problem Statement Outputs Desired Impact Outcomes Inputs Activities Define Quantifiable Indicators or Proxies (limit 5)