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Social impact: can it be demonstrated?
12/06/2014
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Everyone involved in social enterprise agrees that demonstrating your impact is important, but not many are actually doing it. Is this simply because it can't be done?There are many approaches to measuring social impact. The government's impact measurement framework of choice, Social Return On Investment (SROI), is defined by nef as: "An analytic tool for measuring and accounting for a much broader concept of value, taking into account social, economic and environmental factors."