Compass Lexecon in EMEA has partnered with 180 Degrees Consulting (180DC), a university-based pro-bono consultancy where students provide non-profits and social enterprises around the world with consultancy services during the school semester.
We are supporting 180DC in two main areas:
- Mentoring project teams; and
- Hosting masterclasses.
Volunteers from Compass Lexecon are acting as mentors to support 180DC project teams, providing guidance and direction on both the consulting and technical aspects of their case. Mentors meet with project teams regularly during the project cycle and review deliverables along the way, acting as a sounding board for the student consultants.
As part of the pilot, a Compass Lexecon team comprising of Mallika Arora, Josep Peya, and Roshni Nandwani mentored a student team from Durham University on a project for Shared Interest Society, an organization that provides loans and borrowing facilities to farmers and handicraft producers in remote and disadvantaged communities across the world (for instance, in Kenya, Ghana, and Peru). The objective was to analyze the potential trade-off in managing financial risk across the portfolio while maintaining a high level of social impact and support for more marginalized groups.
The project ran between November 2020 and March 2021 and has now concluded, with positive feedback from both the client and 180DC.
On Tuesday 3rd November 2020, we hosted the first masterclass to help 180DC consultants develop their technical skills, with a turnout of over 50 students. This was led by Bernard Lee, on the topic ‘How to Measure Social Impact’. The measurement of social impact is a key topic in the social and NGO space, gaining traction and attention rapidly over the last decade. This masterclass outlined the key questions to ask, where to start, and the common issues that occur when faced with an open-ended impact measurement problem. This framework was then applied in the context of a case study in the UK non-profit sector, where participants learned about the approach and methodology used in a recently published study by Pro Bono Economics and Compass Lexecon.
We look forward to hosting more masterclasses.
This initiative is led by Laura Phaff and Roshni Nandwani, contact them to find out more.