Issues & Ideas

Business Performance Measurement: Why Measure more than Financials?

The starting point for most social enterprises in measurement is to set up a bookkeeping system to track money in and money out.  While financial bookkeeping and accounting are fundamental to running a business, it may also be useful to track other aspects of business performance early on to be able to make good operational and planning decisions.

 

Shared Measurement: WISE Impact Map and Indicators

In a recent blog, I described some work that Vancity Community Foundation had led to develop a societal cost calculator for work integration social enterprises (WISE) in Vancouver.   Another aspect of the project, was to develop a shared impact map and indicators.  While individual social enterprises within Vancouver differ in the goods and services they produce and the way in which they engage individuals who are marginalized, they are

In the Quest for Big Data, Don’t Forget the Little Data!

In our growing excitement about the power of Big Data, it easy to overlook the importance of using the ‘little data’ out there. These are the data that organizations already collect, but which may not be used to their full potential.    Time spent summarizing, analyzing and using data is as important as collecting it!  Here are five simple tips for getting more from your data:

 

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