My impact framework – Theory of change

Your theory of change is a core part of your social enterprise.  It describes the reason why you have decided to start your business and explains the social change you want to bring about. This will help you develop your impact framework to achieve impact.

Link to the innovation process

An effective social enterprise puts impact first. You will need to reflect on the impact you want to create and design steps to achieve it. The process of designing solutions to societal problems is innovative. This module will help you to identify priority areas for innovation: for example, in business activities, in partnerships, in stakeholder engagement, etc.

Learning Aims

This module will help you to:

1. Understand the differences between output, outcomes and impact

2. Define and explore the problem you want to address and the impact you want to achieve

3. 3. Plan the necessary steps to achieve that impact

 

6. Learning outcomes

By the end of this module, you will be able to:

1. Define the impact you will aim for, including recognizing the difference between output and outcome

2. Plan the steps necessary to achieve that impact in a theory of change

3. Identify where to fine-tune your business activities for greater impact