Social Impact Self-Assessment

Companion Product for MEASURING AND IMPROVING SOCIAL IMPACTS

Marc Epstein (Author) | Kristi Yuthas (Author)

Publication date: 02/02/2015

Social Impact Self-Assessment

Offers a detailed, reliable, and proven approach to rigorously evaluating and increasing the social impact of philanthropic efforts.

Product: Online streamed self-assessment application (not downloaded), limited one-year subscription (5 tests or 12 months, whichever comes first), password controlled

Duration: The Assessment for Investors has 24 questions in seven categories. The Assessment for Operators has 24 questions in six categories.  Each self-assessment takes 5-10 minutes to answer.

Results: You will receive a radar graph for both the Investor and Operator.  The coauthors also offer detailed interpretation of your results from both the investor and operator perspectives.  By reading your results, you can get important insights on how aligned you are with your organization, and how you can move towards better alignment. There are also opening and closing statements from the author, the ability to compare current and former results, and a print option.

BASED ON THE BOOK, MEASURING AND IMPROVING SOCIAL IMPACTS. Book summary: The world is beset with enormous problems that desperately need solutions. And as a nonprofit, NGO, foundation, impact investor, or socially responsible company, your organization is on a mission to provide those solutions.

But what exactly should you do? And how will you know whether it's working? Too many people assume that good intentions will result in meaningful actions and leave it at that. But thanks to Marc Epstein and Kristi Yuthas, social impact can now be evaluated with the same kind of precision achieved for any other organizational function.

Based on years of research and analysis of field studies from around the globe, Epstein and Yuthas offer a five-step process that will help you gain clarity about the impacts that matter most to you and will provide you with methods to measure and improve those impacts. They offer a systematic approach to deciding what resources you should invest, what problem you should address, and which activities and organizations you should support. Once you've made those decisions, they provide tools, frameworks, and metrics for defining exactly what success looks like, even for goals like reducing global warming or poverty that are extremely difficult to measure. Then they show you how to use the data you've gathered to further develop and increase your social impact.

Epstein and Yuthas personally interviewed leaders at over sixty different organizations for this book and include examples from nearly a hundred more. This is unquestionably the most complete, practical, and thoroughly researched guide to taking a rigorous, data-driven approach to expanding the good you do in the world.

PURCHASER AND USER NOTE: If you are an individual consumer newly purchasing the assessment, go directly to the shopping cart by clicking the "add to cart" icon to your left. If you are a member of an organization that has purchased a bulk order, or if you already bought the assessment in the last 12 months and are retaking it now using the original Access Key to retake the assessment please log in here. New registrants: Please enter your "Access Key" into the input field to enter the self-assessment for the first time (see bottom of page under "Please Note" for Social Impact Self-Assessment login link). A note to frequent purchasers: You cannot use your current bkconnection.com password for this product; you must create and use a new password. For any questions, please contact the support desk at 800-929-2929 (8 am-9 pm Eastern U.S. time, Monday through Friday), or [email protected] Thank you.

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Self Assessment - 1 year access:
9781626562325

$9.95
(member price: $6.97)
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Overview

Offers a detailed, reliable, and proven approach to rigorously evaluating and increasing the social impact of philanthropic efforts.

Product: Online streamed self-assessment application (not downloaded), limited one-year subscription (5 tests or 12 months, whichever comes first), password controlled

Duration: The Assessment for Investors has 24 questions in seven categories. The Assessment for Operators has 24 questions in six categories.  Each self-assessment takes 5-10 minutes to answer.

Results: You will receive a radar graph for both the Investor and Operator.  The coauthors also offer detailed interpretation of your results from both the investor and operator perspectives.  By reading your results, you can get important insights on how aligned you are with your organization, and how you can move towards better alignment. There are also opening and closing statements from the author, the ability to compare current and former results, and a print option.

BASED ON THE BOOK, MEASURING AND IMPROVING SOCIAL IMPACTS. Book summary: The world is beset with enormous problems that desperately need solutions. And as a nonprofit, NGO, foundation, impact investor, or socially responsible company, your organization is on a mission to provide those solutions.

But what exactly should you do? And how will you know whether it's working? Too many people assume that good intentions will result in meaningful actions and leave it at that. But thanks to Marc Epstein and Kristi Yuthas, social impact can now be evaluated with the same kind of precision achieved for any other organizational function.

Based on years of research and analysis of field studies from around the globe, Epstein and Yuthas offer a five-step process that will help you gain clarity about the impacts that matter most to you and will provide you with methods to measure and improve those impacts. They offer a systematic approach to deciding what resources you should invest, what problem you should address, and which activities and organizations you should support. Once you've made those decisions, they provide tools, frameworks, and metrics for defining exactly what success looks like, even for goals like reducing global warming or poverty that are extremely difficult to measure. Then they show you how to use the data you've gathered to further develop and increase your social impact.

Epstein and Yuthas personally interviewed leaders at over sixty different organizations for this book and include examples from nearly a hundred more. This is unquestionably the most complete, practical, and thoroughly researched guide to taking a rigorous, data-driven approach to expanding the good you do in the world.

PURCHASER AND USER NOTE: If you are an individual consumer newly purchasing the assessment, go directly to the shopping cart by clicking the "add to cart" icon to your left. If you are a member of an organization that has purchased a bulk order, or if you already bought the assessment in the last 12 months and are retaking it now using the original Access Key to retake the assessment please log in here. New registrants: Please enter your "Access Key" into the input field to enter the self-assessment for the first time (see bottom of page under "Please Note" for Social Impact Self-Assessment login link). A note to frequent purchasers: You cannot use your current bkconnection.com password for this product; you must create and use a new password. For any questions, please contact the support desk at 800-929-2929 (8 am-9 pm Eastern U.S. time, Monday through Friday), or [email protected] Thank you.

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Meet the Authors


Visit Author Page - Marc Epstein

Marc J. Epstein, MBA, PhD, is Distinguished Research Professor of Management at Jones Graduate School of Business at Rice University in Houston, Texas. Prior to joining Rice, Dr. Epstein was a professor at Stanford Business School, Harvard Business School, and INSEAD (European Institute of Business Administration). In both academic research and managerial practice, Dr. Epstein is considered one of the global luminaries in the areas of sustainability, governance, performance measurement, and accountability in both corporations and nonprofit organizations. His 20 authored or co-authored books and over 100 professional articles include many award winners, including Making Innovation Work: How to Manage It, Measure It, and Profit from It (2006) and Making Sustainability Work: Best Practices in Managing and Measuring Corporate Social, Environmental, and Economic Impacts (2008).

Dr. Epstein is also currently working extensively in developing countries in Africa, Asia, and South America on microfinance, entrepreneurship, education, and the commercialization and dissemination of low-cost health technologies. In the middle of his MBA class, all of his students travel with him to Rwanda or Liberia to work on the commercialization of health technologies for the poor.



Visit Author Page - Kristi Yuthas


Kristi Yuthas is the Swigert Endowed Professor of Management and Information Systems in the School of Business Administration at Portland State University in Portland, Oregon. Before joining PSU, Dr. Yuthas worked in accounting, financial analysis, and information system development. She has held faculty positions at a number of universities, including American University and City University of New York, and has conducted research and training seminars in Asia, South America, and other places around the world.

Since joining PSU, Dr. Yuthas’ academic work has focused on organizational, ethical, and financial issues associated with information and performance measurement systems. In recent years, her research has expanded to study microfinance, microentrepreneurship, and scaling in the nonprofit sector. Dr. Yuthas has been recognized as a top-50 researcher worldwide in accounting systems, and as a leading researcher in a number of other areas. She has more than 100 publications and presentations in the fields of business and development.

In her professional work, Dr. Yuthas has two major streams of interest. She consults with large multinational companies on corporate social responsibility and sustainability, helping organizations implement their strategies through effective performance measurement and reporting systems. She also consults with social sector organizations and investors on issues relating to measuring, scaling, and amplifying social and environmental impact.

She is currently working on a book on corporate social responsibility in India. The recently passed Indian Companies Act requires large companies to allocate 2 percent of their profits toward social and environmental impact.

Through this work, she hopes to help Indian corporations maximize their social impact and to spread these pioneering ideas to other countries around the world. Dr. Yuthas lives in Portland, Oregon, with her three children, where they enjoy hiking, traveling, and exploring food carts.

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Reviews

By David Marshall , February 6, 2015

This assessment is actually two assessments in one. I took it first from the investor's perspective and then a second time from the operator's perspectrive. It gave me insights into what's important from both sides.

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Table of Contents

PRODUCT COMPONENTS

Welcome by Authors

Two Instruments (24 questions each): Assessment for Investors and Assessment for Operators

Score and Graphic Results, Past Results, Retake Assessment

Interpretation by Authors

Frequently Asked Questions

Closing Statement by Authors

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Excerpt

Measuring and Improving Social Impacts

Social Impact Self Assessment Windows8 Res1920x1200v2 1 29 15

This assessment evaluates the investors from seven aspects: how you understand yourself, how you understand the social problem you want to address, how you understand the investment options available, how you understand your investment, the alignment between you and your operators, how you provide values to your operators, and how much evaluation you are using to monitor and deliver impacts.

Statements 1-3 test on your understanding of yourself as an investor. What's your motivation? What's your value? What's the goal of you investing in a social project? Are you looking for financial returns? Do you want to earn a fame, to fulfill your dream, or to create a better society? What resources do you have? Time, knowledge of the field, knowledge to management, networks, money, etc.?... These are the questions you ought to ask yourself so that you know what you have on hand and what you want to achieve with the resources you have. Without understanding your personal goal and inputs, it is very hard to develop a tangible plan to achieve the desired social impact. Chapter 2 of the "Measuring and Improving Social Impacts" book talks intensively on the topic.

Statements 4-6 ask you to clarify the problem you would like to address. Before looking into investment opportunities, investors should consider through which ways they could possibly make the largest social impact. Having different motivations and backgrounds, you may also have different interests in terms of geography, depth, and breadth of the programs you want to invest in. Although lots of investors tend to overlook this and do not define the scope of their investment well, this thinking process is beneficial as it helps you better understand what you want and what you do not want. Chapter 3 of the "Measuring and Improving Social Impacts" book help you brainstorm more on this....

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