[PDF] Quantifying the Social Impacts of Culture and Sport - GOV.UK

Is it possible to quantify social impact?

However, quantifying social impact can prove to be challenging for organizations. Theabsence of industry standardizationor a singular reporting framework contributes to a landscape that’s difficult to navigate.

What is measuring social impact and why does it matter?

Measuring social impact, and by extension environmental impact, is an attempt at quantifying the societal relevance of all this activity – and shining a light on what might be otherwise described by economists as positive or negative externalities.

How to scale social impact?

This type of approach to scaling social impact involves inspiration and emulation rather than actively trying to manage new activities. Social innovations taking this route will need to think about developing a brand and identity that helps to convey a strong narrative about who they are and what they have achieved.

What is social impact and why is it important?

Consideration of social impact is as valuable as the analysis and the final output. The rigour of analysing exactly how an activity is expected to work, how you will know if it is working and how you can use this information to adapt and improve a service is an essential part of running any enterprise.