Transcript for:
Theory of Change for Impact Measurement

Are you a social or environmental purpose  organisation wanting to create a long-term   change with your activities and resources? Are  you being required to report on your impact but   aren't sure where to start? Hey everyone.  My name is Chris Gaines, lead trainer at SoPact  and if you are a non-profit social enterprise,   accelerator or impact fund  wanting to build an effective   impact strategy, you're in the right place. Currently, the two most accepted and widespread   frameworks to document your impact measurement and  management strategy are theory of change and the   five dimensions of impact by the impact management  project. Today's video will focus on how to define   your organisation's theory of change. The  theory of change is the foundation for any   mission driven initiative working on solving the  globe's most pressing social and environmental   issues. Sometimes referred to as TOC, the  theory of change documents the impact that   your organisation is seeking to achieve as well as  all the intermediate steps to make sure that your   activities and resources are well aligned with  said change. The TOC should be defined before   starting any new initiative or project and needs  to be revised periodically as your initiative   evolves. In our last video, we get insights  into the impact strategy. check the link in the   description below. You can also check out volume  one of our actionable impact management ebook   called 'Groundwork' to learn how your mission is  connected to your theory of change. This video   will help you make your impact strategy actionable  through the theory of change framework and in the   future we will also discuss the second most common  impact strategy framework Five dimensions of   impact by the impact management project. We will  also go in-depth into impact metrics election data   collection strategy and impact reporting. So don't  forget to smash that like button, subscribe and   click that notification bell, so you don't miss  any of the upcoming concert that we have planned   for you. Without further adieu, let's jump into  the foundation of an effective impact measurement   and management strategy, Theory of change.  Let's start by discussing what makes the theory   of change such a fundamental step. All of the  operational decisions around what outcome data to   collect, assess and analyse as well as the changes  that need to be made to improve the effectiveness   of your intervention, all depend on your theory  of change. The key value of this framework is that   it fosters accountability and awareness about the  potential challenges that your organisation might   face while pursuing its mission. Now as mentioned  before, the theory of change ideally needs to   be defined before starting your initiative,  project or program. These initiatives might   have a broad scope such as higher education,  health and wellness or Financial Inclusion   or they might have a narrow scope such as job  readiness, maternal health or housing loans.   Whatever program structure you decide to use, make  sure that it's aligned to your mission statement   and that you're not over complicating it. Even if  you work with partner organisations across a wide   spectrum of issue areas, stick to the outcomes  that are a significant part of the scope of your   organisation. Now we're ready to create a sample  theory of change for an organisation called   America Works with the program skills development.  We will start from the desired impact and work our   way backwards to the resources we're putting into  our programs to make this impact or change happen. Step 1: Impact. The impact is the systemic   change that you expect to see in the long term.  Impact usually takes a few years to happen, which   makes it difficult to measure but it does give us  a great foundation to define the outcomes which   are within our reach to influence and measure. Step 2: Outcomes.  Outcomes are the intended and unintended changes  that your stakeholders are experiencing or might   experience with your intervention. In other words,  outcomes are the broader benefits we work to   achieve. In our skills development example, one  outcome could be increasing job placement. How   do we know that we're increasing job placement?  By keeping an eye on the number of people placed   and retained after their on-boarding training.  A well-designed theory of change should include   long-term, midterm and short-term outcomes. As you  demonstrate clear improvement in your outcomes,   you are more likely to get other players  such as government or public and private   partners to step in and to help you scale your  mission. Good outcome measurement requires   designing a stakeholder survey that includes  baseline, mid line and exit line results. Step 3: Outputs The outputs are the immediate   results of our activities or products and they  are necessary for achieving the outcomes. Think of   them as positive indicators that the outcomes are  on track. As per our skills development example,   one output could be the increase in the number  of people graduating from a business training.   In this case we are assuming that as more and more  people go through a quality marketable training,   there is a greater possibility of an increase  in successful job placements. To dig deeper,   collecting some demographic data along with the  service data can help to draw useful connections. Step 4: Activities In this step, we answer the question what   activities need to take place for each output  to happen. Providing people with high-quality   training is one of the activities directly  aligned with our sample output and outcome.   Along with quality skill building training, an  activity can also include resume preparation   or interview preparation. All of these increase  the number of successful placement possibilities. Step 5: Inputs Inputs refer to the   resources or investment needed to ensure that the  activities take place. According to our example,   we need quality course materials, skilled  trainers, a physical venue or online host,   investment and more. So to recap, Number one, the  five components of a theory of change are inputs,   activities, outputs, outcomes and impact.  Secondly, the TOC needs to be aligned to   your initiative project or program and stated  mission. Thirdly, the most important components   to monitor are the outputs and outcomes. So make  sure to define relevant metrics and track results   over time. Fourth, everywhere possible we should  include stakeholder data such as demographics   and surveys to capture their feedback. Finally,  it's important to highlight that implementing an   impact measurement and management strategy  requires some change management. Here are   some quick tips to ensure success throughout  this process. Involve your key stakeholders. A   stakeholder is any person benefitted or affected  by your activities. Communicate your intent to   implement or improve your impact measurement  and management strategy. In the beginning,   this might be done through information sessions  open to anyone interested in learning more about   the new impact measurement process. Remember  that the desired outcomes motivate people.   Be sure to expose the need for change to the  whole organisation and clearly describe how the   change will benefit each area of the organisation.  Here at SoPact, we understand that organisations   just like yours, face challenges with impact  measurement and management on a daily basis.   So we've developed a platform that streamlines  the process, starting by documenting your theory   of change. Well, thanks for watching everyone. I  hope you learned something new and I'm curious to   hear what challenges you and your organisation  are currently facing when it comes to defining   your theory of change. Drop a comment down  below and let's get the discussion started   and don't forget to download your FREE copy of  our actionable impact management ebook. All links   will be in the description below. Lastly, don't  forget to Like and subscribe to our channel so   you never miss an upload. And until then, this has  been Chris Gaines. I'll see you in the next one.