There’s added value in using multiple frameworks when completing an impact evaluation. SROI – an evaluation framework growing in popularity – expresses value in monetized terms, and is one such framework that can be used in conjunction with Demonstrating Value.
There are major benefits to expressing the monetary value of your social enterprise activities. This is especially true when communicating with an audience focused on the financial bottom line of an investment. Increased credibility for your enterprise and improved communication with your investors – not to mention the potential to attract new investors – are just a few of these benefits. However, there are also some roadblocks that can happen along the way.
In Part 1 of “10 Ways to Show Your Impact”, we discussed five things you can do to show your value including:
1) be as clear as possible in describing your vision, mission, and strategies,
2) describe what differentiates you,
3) describe and show evidence of the value you create from the perspective of all your stakeholders,
4) tell your story and the stories of those you work with, and
