Here are some benefits of taking your impact seriously and the pitfalls of failing to do so.
GROW YOUR INCOME
- You can use your impact to grow your income
- Funders and Donors are increasingly interested in the difference their grants and donations make to society
- By demonstrating your impact you can prove to existing funders that you deserve follow-on funding and you can attract new supporters by showcasing the difference you make.
IMPROVE SERVICE DELIVERY AND CAMPAIGN EFFECTIVENESS
- It's difficult to improve something when you don't know where you are now
- When you track your impact you get an accurate picture of what does and does not work
- Using this real-time insight you can intervene early and identify ideas which improve your programme design and programme engagement
- Early intervention can prevent projects from over-running and prevent contracts from missing their deliverables
- Ultimately it means that you achieve the outcomes you set out to achieve for the beneficiaries you care about
SAVE TIME AND MONEY
- The reality is that you are already being called upon to report on your impact to the funders and donors you have
- Rather than rushing around for information at the last minute, you can have a system in place which enables you to monitor the progress you are making towards your impact.
- Tracking your impact in a little and often sense saves time in the long-run and puts your organisation on a stronger footing when applying for grants in the future.