Everyone agrees that social enterprises need to use data to assess their effectiveness. But precisely what data should organizations capture? How should they incorporate it into meaningful evaluations that prove their approaches work? And, how should potential funders analyze these evaluations to determine which enterprises are most effective?
At GiveWell (where I'm co-founder) we've analyzed data and evaluations from hundreds of social enterprises and programs to identify standout organizations. We serve donors who want to be confident that their money is going to the most effective programs they can find. The best data and evaluations we've seen have two characteristics:
To read the full, original article click on this link: How Nonprofits Prove Their Worth - Elie Hassenfeld - Harvard Business Review
