What is Impact Analysis?
What is Impact?
Impact is the effect on people and communities that happens as a result of an action or inaction, an activity, organization, project, program or policy.
Impacts on people and communities include changes to economic prosperity, stability, inclusion, poverty, health, empowerment, environment, and conservation.
Why Measure Impact?
It is not enough to implement a proactive impact initiative. Business, government, and organizations must measure and report the broader environmental, social, and economic impacts of their investments, policies, activities, and programs.
It is well-understood how to assess and report financial returns. Impact initiatives also are investments with targeted outcomes but few people understand how to report their broader societal impacts with similar rigour and credibility. Effectiveness needs to be monitored and measured to determine whether the desired outcomes were generated. Learnings should be applied to future efforts.
Using Impact Analysis
Impact analysis is a specific set of tools and analyses used to estimate likely outcomes from actions or investments, assess their performance while underway, and determine final value creation and effectiveness.
The Certificate in Professional Impact Analysis Approach
Our program is based on academic research and years of experience in diverse settings. Learn more about our faculty’s expertise.
The learning modules are designed so that individuals at any level of a business, NGO, foundation, international development entity, finance institution, or government will advance their knowledge of impact evaluation.
Those wishing to further their studies, advance their careers or develop skills in these fields will also benefit from the Certificate in Professional Impact Analysis modules and certification.
For organizations, training your employees or hiring those who have achieved the Certificate in Professional Impact Analysis designation will allow you to:
- Be confident your organization is on the cutting edge of rigorous impact analysis
- Offer enhanced accountability to stakeholders and transparency to the public
- Have better alignment in measurement, evaluation and financing across organizational units
Insights
Explore the latest on social impact from our faculty and industry experts.