SocialBusiness.org, like its name suggests, tends to cover social businesses but sometimes, we cover innovations in the sphere as a way to share knowledge across sectors and NPC is an apt example of this. Based in London, United Kingdom, NPC is a consultancy firm and think tank, part of the third sector, that stands for "New Philanthropy Capital."
"A transformation in the tools that enable nonprofits to measure the impact of what they do has raised the bar significantly, but not all have grasped the opportunities offered by this kind of analysis," writes Tris Lumley in an article in the Stanford Social Innovation Review (SSIR) called "Raising the Bar on Nonprofit Impact Measurement," who leads NPC's development team. "At NPC, to achieve our vision of a third sector where impact measurement is the norm, we help charities identify what to measure and which tools to use, as well as how to make sense of that data and communicate its value."
Contact Information
NPC website
NPC on Facebook
NPC on Twitter
NPC on YouTube
NPC on LinkedIn
Third Sector Think Tanks
NPC is a Consultancy That Stands for 'New Philanthropy Capital'
Trend Themes
1. Impact Measurement Tools - The transformation in impact measurement tools presents disruptive innovation opportunities for nonprofits to accurately measure their impact and communicate its value.
2. Data Analytics for Charities - The use of data analytics by charities can help them make sense of the collected data, identify what to measure, and uncover insights for better decision-making.
3. Cross-sector Knowledge Sharing - Promoting cross-sector knowledge sharing allows for the exchange of innovative ideas and practices between social businesses and nonprofits, fostering collaboration and learning.
Industry Implications
1. Nonprofit Consulting - In the nonprofit consulting industry, there are opportunities to assist charities in implementing impact measurement strategies and utilizing data analytics to drive effectiveness and efficiency.
2. Philanthropic Technology - The philanthropic technology industry can develop advanced tools and platforms for impact measurement, data analysis, and communication to support nonprofits in their missions.
3. Social Business Development - The social business development industry can collaborate with nonprofits to share knowledge and innovative practices, fostering growth and sustainability in both sectors.