A Simplified Impact Analysis Methodology that Allows Companies to Differentiate Themselves

ImpactableX uses a business impact analysis methodology that allows founders to understand the metrics that should be measured and the extent to which a product can change strained resources. Our analytics also provide information on how the impact measured can translate into actual value. Outside funding can increase impact. Our methodology provides information on how external funding can increase impact. A report on impact analysis can unlock the funds. Impact analysis can result in more impact and value for your company. ImpactableX uses a model that cuts through all complexities to offer a simple and clear approach to impact analysis. Our objective is to provide verifiable impact analysis data using our simple methodology. The framework allows founders to start making initial assumptions with or without primary data. The model also helps clients to understand the impact mechanics of their company and refine the assumptions made over time.

Financial modeling at an early stage allows impact analysis practices to be known. Our team allows founders to do impact modeling through the early stages so that they can start to understand the impact potential of their business under different circumstances. Our impact analysis methodology is powerful. It offers more than static evaluation snapshots. Our analysis template consists of three components. They are attribution, valuation, and definition. We start by defining the primary impact metrics of the company. They reflect the core mission and value proposition of the company. ImpactableX measures the contribution of a product to a problem during attribution. We measure the total impact and the impact per unit during attribution. ImpactableX links impact to revenue to enable the business to integrate impact into the revenue model of the company.

The last thing is to translate impact into financial figures. We capture the value that is not reflected in the revenue books of the company. ImpactableX calculates the value created and the costs saved resulting to impact generation. Our team uses the three impact analysis components to build a custom impact model for the company and to calculate meaningful analytics that allows the company to differentiate itself.

How Impact Evaluation Can Enhance Business Performance and Attract Investors

Every business owner wants their institution to grow and become a trailblazer in the industry. It takes commitment and hard work for corporations to grow, make profits and earn better returns on investment. The highly competitive market environment has made it difficult for startups and growing businesses to break even. Institutions that differentiate themselves by addressing the unique needs of clients stand a better chance of succeeding in a volatile environment. Impact evaluation is a suitable way of identifying your impact potential and making management decisions that accelerate growth. However, this space is ridden with many terminologies and approaches. We are familiar with IRIS+, SDGs, and IMP. The global standards offer insights on how to measure impact. However, they may not solve the unique needs of growing corporations. That’s where ImpactableX comes in. Impact investors and social entrepreneurs find the frameworks to be of little guidance.

All we want to know is how growing companies can quantify the environmental and social impact derived from sales. Although a company can align itself with IRIS+, SDGs, and IMP, it is still hard to understand how this measures quantities. The global standards offer no help for companies that are at their early growth stages and those with nonexistent or scant data. ImpactableX uses a simple impact evaluation methodology to dynamically model impact generation in line with global standards as outlined by IMP, IRIS+, and SDGs. Our team helps companies quantify, forecast, and identify impact potential. We give our clients access to insights into their operations so that they can manage them effectively.

ImpactableX is the institution to call upon if you need community impact evaluation. Our trained analysts can guide your management team through every step. We start by defining the primary impact metrics and reviewing the business model required to derive them. The step tells our experts the questions that should get asked. Our team generates a report that helps management teams to identify and address the gaps and assumptions. The final analytics and final report are prepared for the investor community.

How Impact Consulting Can Help Founders Access Funds

There are a few things business owners should do if they plan on raising funds through impact investing. Impact investors want to know how your institution measures impact before they can invest. There may not be a clear expectation of the response. However, investors will want some guarantee that the company they are investing in is doing something to track impact. Investors may require you to report and track impact as well as financials depending on the development stage of your corporation. Founders who are ready to respond using analytics and data stand a better chance at social investment funds. The companies under the portfolio of ImpactableX report raising funds through impact investing within a year of social impact consulting. Our team may be holding the key to external funds and growth for your institution. Business owners should position their entities for success by aligning their metrics with the globally accepted standards.

There are global standards designed to homogenize how everyone measures impact. The United Nations Sustainable Development Goals (SDGs), IRIS+, and IMP (Impact Management Projects) outline the standards of measurement. Impact metrics don’t have to be directly derived from the standards. You shouldn’t measure anything that provides meaningless data. Metrics should be measurable and meaningful. Afterward, the metrics should be aligned with the global standards. It is okay if the metrics match perfectly. It is also fine if they don’t. Business owners should identify two to four measurement metrics to underscore the primary value proposition. Investors don’t expect monumental innovations. Often, they only track a single metric during the time of investment. We should measure the units that matter the most.

Founders articulate time savings, cost savings, and enhanced performance derived from innovation. Similarly, you should measure the extent to which impact performance provides solutions to problems. It is fundamental when accessing impact investment funds. Identify the resources and people impacted through the environmental or social problem addressed through your innovation. Relative numbers are more useful than abstract ones. Impact entails material change uniquely attributed to innovation. The impact is the change created through innovation. Make investors see the value of your innovations so that they can invest. Investors may not have the same level of expertise you do. Make your intention clear to them.