News on The Edge Welcome to the Social Edge update! Traditional metrics such as SROI (social return on investment) should in theory help us compare nonprofits across issue areas by quantifying their level of performance. “But in recent years, the push towards using metrics to judge social ventures has matured and moved towards a more holistic analysis,” writes Sean Stannard-Stockton, CEO of Tactical Philanthropy Advisors. How do you know if your social venture is high-performing? Join him in the conversation to see how this new approach can prioritize “evidence of program impact” over “evidence of organizational performance.” Then travel to Cambodia where Kiva Fellow Anjali Fleury reflects on how microfinance is contributing to the Millennium Development Goals, and follow Dr. O to learn how you can reach out to a new generation of younger donors, the Millennials. Jonathan Lewis reports from the Clinton Global Initiative, where he heard Vikram Akula, founder of SKS Microfinance, and Nobel Laureate Muhammad Yunus. While at CGI, he realized “the dubious value of social metrics for social investments serving the bottom of the economic pyramid” and asks: “Do social investors really need data to demonstrate that selling packets of soap, aspirin or other basic necessities to impoverished consumers is a good thing? Whatever happened to common sense?” Join this Week's Live Discussions Nonprofit Analysis: Beyond Metrics To quantify whether your social venture is high performing, you should discard simplistic measures and embrace a more holistic analysis. Sean Stannard-Stockton, CEO of Tactical Philanthropy Advisors, helps you understand the new SROI. Mergers in Social Entrepreneurship Why are mergers so rare –is it because of our ego and our reluctance to give up independence? Or is it the lack of profit motive? Join Rod Schwartz, CEO of ClearlySo, in the conversation. The Case against Corporate Social Responsibility Is Corporate Social Responsibility mostly irrelevant, a façade with some social benefits, or a major corporate initiative, urgently needed? Charles (Hipbone) Cameron dissects a recent provocative Wall Street Journal article. The Social Enterprise Review How can we unlock the US$120 billion untapped market for impact investment? Should we first evaluate the impact social enterprise is having? Rebecca Petzel, Hope Neighbor and Kevin Jones provide answers. Do you have suggestions for Social Edge or for this newsletter? Send us feedback. You can remove yourself from this list at any time. Hope to see you on The Edge and on Twitter @socialedge! Victor d’Allant Executive Director, Social Edge 250 University Avenue Palo Alto, CA 94301 |
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