Sustainable impact management
This line of research deals with impact management and measurement that is a topical and complex theme that in the last years has become a mantra for those willing to create a positive change at a societal and environmental level. Since claims about making a difference are no longer enough, and evidences are required concerning the change that has been created, impact management and measurement is no longer regarded as an accountability and compliance tool but it’s becoming part of the strategy of organizations, financers and policy makers. These elements increase the urgency for a variety of actors (e.g. managers of social enterprises, non-profit organizations, and for-profit organizations; lenders; investors; policy makers) to manage, quantify, and communicate the generated value.
We developed a research line that support the reflections about the definition of impact; the evolution of the management and measurement practices; the evaluation of the emerging issues in impact management and measurement; the critical analysis of management and measurement approaches, standards and tools; the identification of the technology role in impact management and measurement. We study also the role that impact management and measurement plays, how impact is measured and managed, the role that the different actors of the social economy have (financiers, hybrid companies, third sector organizations).
In short, we aim to address the following research objectives:
- Impact management and measurement approaches, standards and tools
- The spread level of impact management and measurement approaches, standards and tools
- Impact management and measurement best practices
- Relation between impact management and measurement and impact finance
- Role of technology in impact management and measurement
- Trade-off between comparability and the depth of tailor made assessments & the different information needs of stakeholders
- Definition of financial proxy
- Definition of data collection process
- Impact attribution