Why track your impact?
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.