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analytics

Why Impact Metrics?

GIF uses an innovative approach to forecast, track and evaluate results across our investment cycle.

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For project selection and appraisal

GIF assesses which proposals offer the greatest potential for impact

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To credibly forecast long-term impact

Based on current information, GIF assesses what the long-term impact of our investment will be

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To track portfolio performance

As projects enter, evolve, succeed or fail, GIF assesses the overall anticipated impact of all the investments in our portfolio

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To balance rigour with practicality

GIF seeks to gather the data we need to assess impact in a way which is appropriate given the resources an innovation may have and the size of our investment

The Measurement Challenge: Comparing disparate outcomes

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Problem: ‘people reached’ is an inadequate measure

  • Some innovations have profound effects on a few people; others have modest impacts on many people.

  • How do we compare different kinds of impact?

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Solution:

  • Measure depth of impact in a way that is comparable across projects

Tracking progress towards long term impact

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Problem

  • It can take 10-30 years to achieve scale.

  • We need to credibly predict impact long before it is actually observed.

  • We want to motivate attention to total portfolio impact, knowing that some of our investments will fail, but others could have extraordinary impact.

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Solution

  • Risk-adjusted projections, updated as data improves and risks are resolved.

THE SOLUTION: Practical Impact defined

Practical Impact Methodology

Practical Impact focuses on order of magnitude

Practical Impact Methodology