Too many social ventures look for a “magical, one-size-fits-all” process to measure their impact – but standardisation isn’t the answer, says impact management specialist Madhukar Prabhakara.
The audiobook pioneer moved its headquarters to Newark in 2007 to contribute to the city’s economic revival; it has since created a venture fund and several more community programmes. But how does it know what's working?
How do you build climate resilience of Vietnam's rice farmers? How do you boost the life chances of toddlers in Kenya? It’s complicated – but a solid impact management system is a good start, as the experience of two social enterprises shows.
Data-savvy entrepreneurs connect better with their customers and run healthier businesses. But social startups often lack technical knowhow. The Miller Center for Social Entrepreneurship wants to change that – but it faces a learning curve, too.
