Social impact measurement looks promising. One of the most common measurements is Social Return on Investment which is the present value of the impacts divided by the inputs. It arrives at a ratio which if greater than 1 is a project or organization whose impacts exceed the cost of provision. There are some tough decisions to be […]
When trying to find answers to this question I discovered the Kaizen methodology. Less of a productivity “system” used to organise a to-do list, Kaizen is a philosophy based on an optimistic belief in our potential for continuous improvement. If you’re always looking for better ways to do things, and willing to give them a […]
Australia Development Accounts – ADAs As is the case with most developed nations, Australia is confronted with a cardinal challenge: lagging economic growth not only diminishes upward mobility but also reduces capital necessary for local and national projects.(1) Dr. David Stoesz, an Australian Fulbright Award scholar (Carnegie Mellon University and Flinders University), introduces […]
Moira Deslandes is a member of our Advisory Board. In her posts, Moira will be addressing complex social issues and valuable insights for the social sector. This week in South Australia, laws governing South Australia’s new child protection system will be introduced into parliament. The overhaul of the child protection system continues and the new […]
It has been nearly a year now since Nova Smart Solutions launched. Our journey into the land of Social Impact is one where we have equipped ourselves with tools, ideas, skills, knowledge and networks. As we are early in our journey, we want to call out four lessons we have learnt about Social Impact in […]