Measuring Impact Through Field Experiments
It is important to remember that while all this studying is great, innovators should place a higher priority on helping people when some program or product is effective.
It is important to remember that while all this studying is great, innovators should place a higher priority on helping people when some program or product is effective.
Who is the target population for a microcredit intervention? Your answer will depend largely on where you sit: Academics and microfinance institutions will be interested in different groups of people.
It is perhaps no coincidence that the development community’s biggest successes—eradication initiatives like polio and smallpox—are precisely the ones that made monitoring central to their work.
Data scientists and information economists are beginning to pair with social innovators to understand the dynamics of interventions and to separate what works from what doesn’t.
Recently released studies confirm that few nonprofits possess the capacity to measure for continuous improvement, but new initiatives launched in 2012 provide hope.
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Nonprofits can use tried-and-true mechanisms from the private sector to better communicate their impact to donors
“Good enough” = simple enough to do, but rigorous enough to mean something.