Towards a more sustainable, equitable and inclusive future

Towards a more sustainable, equitable and inclusive future

Recently we ran a poll on Linkedin in which we asked people which of the following topics will receive the most attention in their strategic planning sessions in 2021:

44% of respondents indicated programs and interventions, 24% said finances, 18 % indicated evaluation and reporting and 15% indicated human resources and capacity.

The insights and comments from the poll also indicate that many social and impact investors, donors and grantmakers, venture philanthropists and social purpose organizations are in the process of rethinking their current strategies. This is what prompted us to write the following article:

 2021: A new opportunity to create impact strategies

 No one can argue that 2020 has been a difficult year. Even more so for those of us that work in the humanitarian ecosystem. Not only did we have to abandon well-crafted long-term strategies to respond quickly to the human crises resulting from the Covid-19 pandemic, but we had to change the way we operate and collaborate. Much has been written on how the philanthropic system responded and adapted over the past 12 months. But - in a world that no longer resemble what we are used too - where does this leave social purpose organizations, grantmakers, venture philanthropists and social investors?

This article is aimed at providing guidance for those organizations who are considering realigning, redesigning and repurposing their impact strategies and making it more flexible and adaptable for a fast-changing environment. None of us know for certain what the future will hold, but by being more flexible, agile and responsive – we will still deliver on our strategic vision and objectives. Our prediction is that 2021 may very well be the year that we use the insights gained from a very difficult year to create new impact strategies or adapt old strategies for a more equitable, inclusive and sustainable future.

Below we provide some guiding questions to inform and shape strategic discussions and planning. This guidance is based on our proprietary framework that we use in developing impact strategies and conducting impact assessments for our clients. We are prepared to share this guide on request. Please let us know if you are interested in receiving this tool.

If you want to create a new vision/strategy for the future, consider the following:

Think big:

What have you learnt during the past year – what worked, or not? What do you want to change, leave behind, built on in the future? Is what you focus on still relevant or do you need to realign/ adjust/ change your focus? Is your focus still relevant for the problem/challenge you want to address? What impact will technology have on your interventions in the future?

 Find your focus:

What do you care about and how relevant is it in the context of the communities you serve or challenges you address? Are there new priorities to consider or are some focus areas more important than others? What has changed in the systems and value chains that you operate? Who else is working on the same problems you are? Are they successful and can you collaborate?

 Articulate your goals:

What do you want to achieve and how relevant and realistic are your expectations? What assumptions and biases are driving your thinking and how correct are these in the context that you operate? Do you have to change your portfolios, focus areas, interventions and the organizations you work with? Will it mean you have to conduct more research or more intensive engagement?

 Take a long view:

Realistically how long will it take to achieve your goals? Do you have the correct baseline data to inform your decisions and assumptions, will the problem you are trying to solve require more than what you can offer? Are you trying to solve past (historic) or future (emerging) challenges?

 Reconsider your resources:

Do you have the human and financial resources it will take to achieve your goals? Are your goals too ambitious, will your current human resources be able to cope with and execute the new vision? Can you afford your future vision or do you need others to co-fund your ambitions?

If you want to find a new way of doing things in the future, consider the following:

Strategic:

Does your strategy align across all portfolios, focus areas and individual programs and/or interventions? Can you create economies of scale, reach and depth of impact and return on investment? Is your governance, due diligence and vetting processes adequate and aligned? Do your policies, mandates and impact theories of change align? Does your strategy align with your branding, marketing, communication and engagement strategies? Is your guiding frameworks and standards aligned and up to date? Are you clear on how value will be created internally and externally?

 Operational:

Is your funding guidelines, criteria and due diligence processes shared publicly and up to date? Are your portfolios and focus areas clearly described with outcomes and impact clearly defined? Are your application processes described and available publicly?

 Programmatic:

Do you have clearly defined theories of change, logic model frameworks and performance indicators for your interventions? Do you have a clearly defined impact management and measurement processes – from data collection to data analysis and verification and reporting?

Have you provided guidance for: developing interventions (program design); developing concept notes and business cases (planning and application phases), developing project plans (management phase); developing M&E plans (implementation phase); defined roles and responsibilities (contractual phase); key performance indicators (measurement phase)?

 Reana Rossouw is the owner of Next Generation – a management consultancy that specializes in impact management and measurement. She is also the creator of the Investment Impact Index? which is an end-to-end solution for managing and measuring impact. She has assisted numerous social and impact investors across Africa with impact strategies, impact and performance management plans as well as impact verification, analysis and impact reporting.

If you want to know more about our services, please visit our websites for evidence of our work, case studies, published articles, research and learning resources. And if you want to have a look at our impact strategy framework, please reach out at [email protected]


Tebogo Molefe

Corporate Social Investment at Industrial Development Corporation of SA Ltd. (IDC)

3 年

Hi Reana. Thanks for sharing

Samm Marshall

CSI/CSR/Shared Value & Social Impact news platform content aggregator/journalist/ content specialist/ media trainer/ content developer/media owner / strategic media advisor

3 年

Thanks Reana, it looks as if copy and paste models won't work. A thorough understanding of your objects and outcomes might necessitate dialogue within the team and organisation.

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