In October 2020 we partnered with 180 Degrees Consulting (180DC), a university-based pro-bono consultancy where students provide non-profits and social enterprises with consultancy services during the school semester.
On Tuesday 3rd November 2020, we hosted the first masterclass to help 180DC consultants develop their technical skills and it was a success. It was led by Bernard Lee, who discussed ‘How to Measure Social Impact’ .
The measurement of socia 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. 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.
A small team from across Compass Lexecon EMEA offices are currently mentoring a student group from Durham University who are working on a project for a Shared Interest Society. The Society supports organisations involved in fair trade around the world (in particular in Kenya, Ghana and Costa Rica), by providing loans and borrowing facilities. The project is to help the society manage risk across their portfolio whilst ensuring support for more marginalised groups.