Breakthroughs in Shared Measurement and Social Impact

A surprising new breakthrough is emerging in the social sector: A handful of innovative organizations have developed web-based systems for reporting the performance, measuring the outcomes, and coordinating the efforts of hundreds or even thousands of social enterprises within a field. These nascent efforts carry implications well beyond performance measurement, foreshadowing the possibility of profound changes in the vision and effectiveness of the entire nonprofit sector. This paper, based on six months of interviews and research by FSG Social Impact Advisors, examines twenty efforts to develop shared approaches to performance, outcome, or impact measurement across multiple organizations. The accompanying appendices include a short description of each system and four more in-depth case studies

Creating Shared Value in India: How Indian Corporations Are Contributing to Inclusive Growth While Strengthening Their Competitive Advantage

Leading companies are finding new ways to accelerate growth and increase competitive advantage through innovative business models that meet societal needs at scale. These companies are "creating shared value" by using their core business processes and practices to enhance the competitiveness of companies while improving social and environmental conditions. The concept of Creating Shared Value (CSV) was introduced by the co-founders of FSG, Harvard Business School professor Michael Porter and senior fellow at the Harvard Kennedy School Mark Kramer, in several Harvard Business Review articles (most recently in January/February 2011). FSG's research in India has identified a number of highly innovative examples of shared value. In this paper, we highlight these examples and call on corporations, especially our largest ones, to lead the charge toward a strategy for growth that benefits all our citizens

Evaluating Ecosystem Investments

This report focuses on what was learned about best practices for evaluating the effects of ecosystem investments along with examples of how others are using these practicesin their work.MethodologyThree research questions guided this engagement:What are the new / best practices in evaluating the effects of ecosystem invest­ments?Which organizations are evaluating these investments well? What can they teach us?What relevant outcomes and indicators could Omidyar Network use to evaluate its ecosystem investments?To answer these questions, FSG conducted the following activities, in addition to drawing on our experience supporting strategic learning and evaluation in complex environments. Appendix A includes a complete list of grants reviewed and interviewees.Grants analysis: FSG analyzed Omidyar Network's Initiative Results Architecture frameworks and 23 grants within its ecosystem investment portfolio. These docu­ments helped ground our research in an understanding of the different types of ecosystem investments Omidyar Network is making, as well as how the organiza­tion currently evaluates the impact of its ecosystem investments.Literature review: FSG reviewed more than 60 publications to identify best practices in evaluating ecosystem investments—these publications included both peer-reviewed journal articles and "grey literature" (conference presentations, blog posts) by organizations employing advocacy-type strategies.Interviews: FSG conducted interviews with nine external experts (listed in Appen­dix A) to more deeply understand effective practices in evaluating the effects of eco­system investments and to identify leading organizations in this area. Interviewees were identified to glean best practices from both within and outside the traditional social sector

Catalytic Philanthropy In India

Catalytic Philanthropy is still in its infancy in India. Despite this, there are a surprising number of exemplary cases where Indian philanthropists are creating large-scale social change far beyond the resources invested. This report highlights these practices as well as the key issues that need to be addressed to accelerate its evolution

Creating Shared Value in India

This report demonstrates that market-based solutions to social problems can and do create competitive advantage. Building on Creating Shared Value (CSV), the report offers detailed examples from both large corporations and small social enterprises in India that have developed highly innovative efforts to create economic value while addressing three urgent social issues: healthcare and sanitation, agriculture, and financial services, and calls on corporations to lead the charge toward a strategy for growth that benefits all the nation's citizens

The Competitive Advantage of Racial Equity

Corporate America is missing out on one of the biggest opportunities of our time for driving innovation and growth: creating business value by advancing racial equity.Developed in partnership with PolicyLink and funded by the Ford and W.K. Kellogg foundations, The Competitive Advantage of Racial Equity highlights examples from 12 leading companies such as Gap Inc., PayPal, and Cigna, who are driving innovation and growth by advancing racial equity