Translating Social Impact into Revenue Through Impact Assessment

Although many founders think that impact assessment is a reserve for large corporations, their startups can leap the benefits of the process. ImpactableX is a company that uses a renowned impact methodology to measure the impact potential of growing businesses. Our model provides a primary framework for founders to measure the generation of impact under different growth situations. Using our modeling criteria, companies will arrive at management decisions that maximize impact and revenue. Our model applies to any model of business, any impact level, and any level of business development. As sales of a business change and new impact data gets collected, the inputs to our model can get revised to understand the consequences. ImpactableX uses an assessment model that provides more than static quantification snapshots. Our model delivers a centralized, consistent, and dynamically evolving tool for impact management.

ImpactableX is determined to guide founders through the process of impact assessment. We use three components to help founders build impact models for their institutions. The first step is defining the primary impact metrics of the company. We measure the impact expressions that highlight the relevant drivers of the value proposition of a company. Using our assessment template, we align the measurement metrics to the universal standards as outlined by IRIS+ and SDGs. The objective is to make sure that everyone is measuring similar units and driving towards the same goal. After definition, we move to attribution. At this stage, we evaluate the contribution made by an organization to the problem. ImpactableX will measure the change attributable to the intervention of a company.

Attribution is a step that provides insights into the efficacy of impact at the level of every unit and the total output derived from this impact over five years. A thorough analysis of impact allows management teams to visualize the impact potential through different circumstances. Impact measurement allows founders the chance to comprehend the value generated by their innovation. There is enormous value created by social impact. ImpactableX will translate this value into revenue.

Understand the Impact Potential of Your Company through Social Impact Assessment

 The goal of ImpactableX is to simplify the process of assessing social impact through the provision of a framework for major impact modeling. Our impact assessment methodology will generate standardized, quantified, and standardized impact analytics. Our impact modeling structure got developed by an acclaimed impact accelerator known and Good Company Ventures. The primary modeling framework from ImpactableX makes it possible for founders to assess the impact produced under different growth circumstances. The framework also helps founders to arrive at management resolutions that maximize impact and revenue. Our modeling framework is applicable under any business framework, at any developmental stage, and vertical impact. As the sales estimates evolve and as primary data for impact gets collected, founders can revise inputs to the impact model to comprehend broader consequences.

The approach we use for the assessment of social impact supersedes the inert snapshot quantification. It offers a centralized and consistent tool for impact management that evolves dynamically. ImpactableX offers guidance to founders during impact assessment by using three components to build a unique impact model identifiable to their company. The first component is "definition." We define the primary impact metrics of the company. These are the measurable impact expressions that quantify the relevant value proposition drivers of a company. After this, our template for impact measurement aligns the impact metrics with acceptable global standards such as the IRIS+ and SDGs (Sustainable Development Goals). This alignment helps to ensure that everyone is working towards achieving aligned goals and measuring the same units.

During attribution, ImpactableX evaluates the institution's contribution to social and environmental problems compared to the bottom line. We compute the changes attributable to the unique interventions of a company. The attribution step provides insights into the efficacy of impact and the total impact output over a typical five-year period. A comprehensive analysis of business impact makes it possible for management personnel to visualize the impact potential of their company under different circumstances. Impact assessment empowers social entrepreneurs with the ability to comprehend the value generated by their innovation. Find out more here www.impactablex.com/impact-assessment.

Understanding the Impact Potential of your Business Under Different Scenarios

 Although calculating and understanding the social impact of startups might seem hard, ImpactableX simplifies the process by availing an impact modeling methodology that yields standardized, quantified, and verified impact analytics. Our modeling framework seeks to specifically suit social entrepreneurs as well as their investors through an impact accelerator. ImpactableX offers a primary modeling framework that makes it possible for founders to assess the impact that would be caused by different scenarios. This framework also contributes to the making of management decisions that would help optimize impact and revenue generated. Our modeling framework applies to all business models, all vertical impact, and all stages of business development. As sales estimates and primary data evolve, the inputs on our modeling framework can also be revised to help understand the broader consequences.

The tactics used to approach impact assessment go beyond the stationary quantification of startup data. The approach espoused by ImpactableX provides consistent and centralized tools of impact management that evolve dynamically. When assessing impact, founders are guided through the foundational components of our framework to facilitate the generation of a personal impact model. Of the three business levers, we start by defining the essential impact metrics of the company. These are the measurable impact expressions that dictate the significant value proposition drivers for the company. After this, our prototype of impact assessment will streamline the metrics with universal standards such as SDGs. The objective of this streamlining is to ensure that everyone is measuring the same units and working towards achieving aligned goals.

On the attribution lever, we assess the contribution of the company to problems as compared to the standard. ImpactableX will calculate the changes that are uniquely attributable to the intervention of the company. At this point of assessing the impact of a business, we get insights into the efficacy of unit impact and total impact over some time, often five years. With detailed business analysis, management teams can understand the impact potential of their companies under different scenarios.

How Data Can Help assess the Social and Environmental Impact of your Business

 Impact data and metrics are fundamental to the understanding of whether any progress is being made towards achieving impact goals, proactive impact reporting to stakeholders, and enhancing impact performance. ImpactableX uses impact modeling technologies that generate the analytics and data needed by portfolio managers for the transparent and seamless tracking, analysis, and reporting of verified impact. ImpactableX approach makes it possible to compare impact potential in investments, compare impact performance to the market average, and give insight on the contribution of invested funds in the process of unlocking impact. The data that ImpactableX generates makes it possible for impact funds to bring forth insights that define the standards for impact measurement and management.

Portfolio analysis starts with identifying the outcomes and outputs that are a priority. The process continues by implementing standards and practices that best drive impact for the funds. After this ImpactableX builds a model of impact for every one of the companies to generate impact outputs that are certified and valuations that define the impact of the funds. Once a link between impact creation and revenue is established and certified, it becomes possible to do impact tracking as a financial reporting function. As your fund gathers regular reporting, our automated technology computes the impact earned by every company for the period. Once primary data is generated from a portfolio, ImpactableX computes the analytics that will differentiate the impact fund. Our team builds a unique dashboard for every supported fund.

xModeling is a unique methodology used by ImpactableX to set aside the business model levers that cause impact. Our team relies on comparable technologies and research to set the data points. After this, we refine and validate the data variables through the direct collection of primary data from places and people that have experienced this impact. Through impact assessment, our team helps founders to determine the variables that need validation in the xModels and collect the data required to achieve this. This data is fed into the xModel of the company to automatically come up with fresh analytics.