Institute president W. Michael Short facilitated the Impact Measurement Working Group at the 2015 Bottom of the Pyramid World Convention & Expo in Mexico City December 1-3.
As was highlighted during the conference, impact measurement is crucial for all social entrepreneurs, impact oriented organizations, and economic development initiatives. To that end, impact measurement should serve as a framework guiding decision making, accountability, continual refinement, funding procurement, efforts to scale, the quantifying and conveying of value, and the demonstration of efficiency and effectiveness.
The Impact Measurement Working Group leveraged the significant talents of an array of international participants to create a global solution for all social entrepreneurs and corporates building on a unifying impact measurement framework developed by academic researchers at the Global Social Enterprise Institute and the Madden School of Business at Le Moyne College.
The new international initiative, known as the "Global Impact Measurement Collaborative," is working to address the lack of a uniformly accepted framework for social enterprise impact measurement in the world. The initiative was launched and announced at the 2015 BoP World Convention & Expo by the Global Social Enterprise Institute and involves 50 international social entrepreneurs and collaborators at the Clinton Foundation, EGADE Business School at Tecnológico de Monterrey, POSiBLE in Mexico, BoP Hub in Singapore, Syracuse University, University of Indiana, University of Vermont, the Madden School of Business, Le Moyne College, the State University of New York College of Environmental Science & Forestry, the New York State Small Business Development Center at Onondaga Community College, Jefferson Community College, and the School of Business at CUNY Medgar Evers College.
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