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Understanding Impact Measurement and Management: A New Perspective
In today’s interconnected world, the effectiveness of impact measurement and management (IMM) has become crucial for organizations striving not only for profitability but also for generating social good. Many have pondered how their reports would differ if the very beneficiaries could weigh in before they were published. This simple yet profound question drives the need for a systems lens approach to IMM, a methodology that emphasizes the importance of interconnectedness and broad participation. What if your programs were co-created with input from the community? The William Davidson Institute (WDI) is tackling these considerations head-on during the Glocal Evaluation Week, set for June 2-5, 2025, by offering a series of four free, jargon-free webinars aimed at demystifying this crucial topic.
Glocal Evaluation Week: A Gateway to Knowledge Sharing
The Glocal Evaluation Week is an innovative platform that fosters global learning and knowledge sharing around monitoring and evaluation practices. During this week, WDI will host four public webinars, drawing from practical examples around the globe, and engaging panelists from various organizations like CARE, Helium Health, and Villgro Africa. This unique opportunity encourages participation from everyone, aiming to simplify complex IMM principles through relatable narratives and real-world case studies.
Webinar Highlights: Key Topics and Insights
The four webinars scheduled during the event are designed to focus on critical areas of concern within impact measurement and management:
Energy/Climate: “From Principles to Practice: How Institutions and Businesses Can Lead a Just Transition” will take place on June 2, 2025. This session will explore practical strategies from different countries and aim to identify how core IMM concepts can facilitate sustainable energy practices.
Healthcare: On June 3, 2025, the session titled “Transforming Healthcare Investment in the Silicon Savannah” will address the significant funding gap in African healthcare startups. Attendees will learn about employing rich context mapping to pinpoint innovations that improve health equity.
Entrepreneurship: The webinar on June 4, 2025, “Co-Creating Innovation: Advancing Incubator and Accelerator Success Through Participatory Research,” will examine the critical role of participatory research in enhancing entrepreneurial programs.
Evaluation: Finally, on June 5, 2025, the “Transforming Evaluation: Learning from Others to Improve Practice” session will underline the importance of learning from both success and failure in evaluation practices.
Why This Matters: The Importance of a Systems Lens in Impact Investment
Using a systems lens in IMM not only enhances the accuracy of assessments but also bridges the gap between organizations and their beneficiaries. By incorporating feedback at earlier stages, organizations can design and implement initiatives that truly resonate with the communities they serve. For investors, understanding this interconnected approach can lead to smarter investment choices that yield not just financial returns but also societal benefits. The webinars will pave the way for investors and organizations alike to rethink their strategies in a changing global landscape.
A Call to Action: Engage and Transform
As the world grapples with emerging challenges, from climate change to health disparities, the role of effective impact measurement cannot be overstated. Join the Glocal Evaluation Week webinars to learn from experts, engage with peers, and explore practical insights that could redefine how you approach impact measurement in your work or investment strategies. Together, we can ensure that our efforts lead to meaningful, sustainable change.
Conclusion: Why Participation is Key
In a landscape where investing carries significant social implications, arming oneself with the knowledge and tools to assess impact effectively is paramount. By participating in these free webinars, you can gain insights that will shape your decision-making and enhance your understanding of how to drive change within your communities. Don’t miss out on this opportunity — register today.
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