SANBAN works with these organizations in a board variety of ways, including the following:
- Supporting the development of portfolio strategies as the basis for deciding strategic focus and selecting projects with the highest impact.
- Measuring the impact of their work and understanding the key drivers of the social return on their investment.
- Supporting initiatives designed to increase social impact by ensuring focus and attention on the drivers of the impact.
- Designing their organizations to ensure the effective use of resources with strong 16 management and board governance systems.
- Improving their funding and collaboration strategies, including decisions about their financial models and strategies around potential endowment levels.
Impact Competencies
The secure dominations from individuals, corporations, foundations, and governments. non-profits are increasingly expected to show the efficiency and effectiveness of their work. Donors demand greater transparency and accountability and wish to see social return to their investments in order to ensure that their funds are creating maximum impact. The greater focus on ensuring a social return has triggered innovation in the way donor grants are structured. Social impact bonds, for example, enable donors to have greater control over results, and in some forms can even provide a financial return while also contributing a social change.
To be as effective as possible in meeting donor's needs, a social-sector organization must answer a number of critical questions:
- How should we measure and tract the social impact generated by our interventions on an ongoing basis?
- How can we assess different types of potential interventions to determine which would have the greatest impact?
-How do we make the difficult decisions of choosing which needs to serve, so that our efforts remain as focused as possible?
- How can we convince donors that our efforts are indeed significantly improving people's lives and reaching the largest numbers of beneficiaries?
- How can operations on the ground make the most effective use of our limited resources?
- How can we encourage and support social investment-the use of private finances to deliver social good? beneficiaries?