Press Release: LGT Venture Philanthropy and IDinsight Launch New Data Readiness Tool
February 1st, 2022 — IDinsight and LGT Venture Philanthropy have launched a free tool to help non-profit organizations and social enterprises assess the health of their M&E systems and identify cost-effective areas for improvement—The M&E Health Check.
The M&E Healthcheck is a diagnostic survey that produces recommendations for non-profits and social enterprises of all sizes. It is an evidence-backed tool, built upon best-practice literature on capacity-building and experiences from IDinsight. As social organizations become more aware of the power of data and evidence to unlock and amplify their impact, the need to build data capacity has increased. This tool is designed to enable organizations to test their data readiness and provides tailored recommendations on where they need to invest in building data capacity.
This tool consists of a survey that captures an organization or program’s existing monitoring and evaluation, data analytics and data management systems capacity. It is designed to be filled out by the monitoring and evaluation champion within the organization and consists of multiple-choice questions only. There are two versions of the survey—a Lite version: ~20min, and a Full version: ~60mins.
After the survey is completed, the respondent will receive a final report identifying priority areas for improvement. The report will rate the health of the organization’s M&E, assess the capacity of the organization’s mission alignment and strategy, M&E Human Resources, and existing M&E Systems, and then provide targeted recommendations. These recommendations may be supplemented with hands-on support as needed.
“Many of LGT VP’s portfolio organizations are highly data-driven. Through working closely with them we are able to witness the tremendous impact of using data to drive the solutions’ effectiveness and efficiency. We believe that the M&E Health Check tool will be a valuable resource for organizations to easily identify the strengths and weaknesses of their data management capabilities. The tool provides organizations with a direction where to invest to build additional skills to tap into the full potential of data. With this tool, we want to contribute to enabling as many organizations as possible (no matter if they are in the LGT VP portfolio or not), to accelerate their journeys to become more data-driven in scaling their impact.”
– Tom Kagerer, Partner, LGT Venture Philanthropy
We at IDinsight are excited by the potential of the M&E Health Check developed in partnership with LGT Venture Philanthropy. We hope that this tool will empower organizations with an in-depth diagnosis of their current M&E systems and enable them to identify areas where additional capacity may be required to meet their social impact objectives. We believe this tool can serve organizations as a critical first step toward amplifying the impact they can achieve through evidence-based decisions.
– Neha Raykar, Associate Director, IDinsight
Join the launch webinar on February 7th, 2023 to learn more about the M&E Health Check tool. Sign up here.
LGT Venture Philanthropy is an independent charitable foundation established in 2007 with teams in Switzerland, Sub-Saharan Africa, and India. The Foundation strives to improve the quality of life of people facing disadvantages, contribute to healthy ecosystems and build resilient, inclusive, and prosperous communities. LGT VP focuses on strengthening the capabilities of locally-rooted organizations that deliver effective, scalable solutions across health, education, and the environment contributing directly to the SDGs. For more information, please visit www.lgtvp.com
IDinsight is a mission-driven global advisory, data analytics, and research organization that helps global development leaders maximize their social impact. We tailor a wide range of data and evidence tools, including randomized evaluations and machine learning, to help decision-makers design effective programs and rigorously test what works to support communities. We work with governments, multilateral agencies, foundations, and innovative non-profit organizations in Asia and Africa. We work across a wide range of sectors, including agriculture, education, health, governance, sanitation, and financial inclusion. We have offices in Dakar, Lusaka, Manila, Nairobi, New Delhi, and remote. For more information, please visit idinsight.org
Source: IDinsight (link opens in a new window)
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