New research on the use of impact measurement tools by third sector organisations provides a useful summary of recent developments, and identifies practical guidance for organisations and funders.
The recent Social Value Act 2012 requires public service commissioners to take this into account, without giving them any formal guidance on what this is or how to do it. This research explores the recent policy context and assesses the role that six of the leading impact measurement frameworks can play in helping organisations to identify and articulate social value.
Guidance on selecting and using these is based on an analysis of some of their main features - in particular the On-line Marketplace which includes information about over 130 different impact measurement tools.