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If your organization is dedicated to social impact, you know how challenging it can be to evaluate progress on achieving your mission. A performance measurement system can provide your organization with the internal knowledge necessary to help you accelerate your organization s social impact, in addition to generating performance data that is increasingly required by funders.
This practical guide provides an easy-to-follow, five-step process for developing a performance measurement system that will serve as an essential tool for any organization seeking to:
*Select what to measure in order to obtain a clear picture of the organization s progress in achieving its mission, goals, and vision
*Develop dashboards for internal reporting and learn how to analyze performance data to gain insights into the organization s strengths and identify opportunities for improvement
*Create a culture of learning and continuous improvement that involves management, board, and staff in making strategic, data-driven decisions and ultimately accelerates the organization s progress toward enduring social impact
*Develop report cards to communicate performance and impact to external stakeholders
*Use data-based evidence to aid in building funder confidence and securing new and returning investments
Building a Performance Measurement System draws on Root Cause s unique performance measurement methodology, which was developed through its work with social innovators throughout the United States, as well as a number of international organizations. It is the second in our series of Root Cause How-to Guides.