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Measure, Manage and Maximise Your Impact

A Guide for the Social Economy

image of Measure, Manage and Maximise Your Impact

Social impact measurement and management is a particularly helpful practice for social economy entities to understand their contribution to society and potentially improve the achievement of their mission. Impact areas that are particularly important for the social economy, such as economic prosperity and employment, social inclusion and well-being and community, are often the hardest to translate into quantitative metrics. Current social impact measurement and management practices are largely shaped by funders and for-profits with limited focus on the social economy. This guide offers a simple, straightforward approach for social economy entities to measure, manage and ultimately maximise their impact, and to prioritise the use of findings for strategic organisational learning and improvement.

English

Foreword

The OECD has been producing knowledge, policy advice and capacity-building activities on the social economy for over two decades. In recent years in particular, governments at all levels have increasingly developed policies that support the social economy in providing jobs, delivering social inclusion and well-being, and driving the green and digital transitions. Testament to this is the Recommendation on the Social and Solidarity Economy and Social Innovation that was adopted by the OECD Council at its Ministerial meeting of 2022. The Recommendation sets out the conditions needed for the social economy to flourish, pioneer new business models, provide essential services and contribute to fair green and digital transitions.

English

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