Journey to Impact: Best Practices for Collecting, Analyzing,& Using Impact Data
Santa Clara University’s Miller Center for Social Entrepreneurship has supported and nurtured more than 1300 social enterprises in the last two decades. The question was always on the leader’s mind, how to build the capacity of social enterprises to maximize the impact?
Last year, Miller Centered teamed up with Sopact to help 300+ social enterprises become corporate and impact investor ready. We want to help social enterprises achieve greater stakeholder impact and product-market fit (growth success metrics). As a result, most of our social enterprises met or exceeded our expectations.
We will share some of the best practices and prepare for stakeholder and business success stories using two important secrets:
1) Impact experiments (a quick, frequent, and effective way to gather stakeholder feedback) and
2) Continuous data collection and analytics to improve social impact and business performance.
Best practices from this workshop can be applied to many programs such as economic development, climate-smart agriculture, energy, water, affordable housing, diversity, equity and inclusion (DEI), financial inclusion, health and wellbeing, and more.
The program will have the following topics.
1) How growth stage and established social enterprise can leverage impact data management to raise capital, scale business and impact both
2) Hands-on exercise to conduct the social impact experiment (start small and scale with iterative impact evidence and communication). Social enterprises will learn where to start, what outcomes to choose first, how to collect data and learn.
3) Real impact learning example: End-to-end impact journey and learnings shared by a social enterprise.
Dolly Parikh, Mentor, Miller Center for Social Entrepreneurship; CEO, Aloki; Partner, SV2
Unmesh Sheth, Founder & President, SoPact
Will Broad, Investments & Operations Director, Smart Havens Africa
Date: Friday, April 8, 2022