How Data-driven Strategies Can Improve Impact Investing Outcomes
“Measuring data helps you prove what works, what doesn’t work, and then you can monitor and scale things up.” –Zia Khan
As for the Rockefeller foundation, using data to shape its strategies dates back to its origins more than a century ago, Khan said. “We coined the term scientific philanthropy, which was this idea of how do we get analytical and data driven around understanding problems, measuring the effect of interventions, and then scaling up the ones that really worked,” he added. “It has been part of our DNA for a while.”
“It is a way to benchmark and grade your investments and make them much more targeted.” –Rory Riggs
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