Skoll Foundation portfolio principal Kimberly Dasher Tripp shares her insights on how to scale impact in the Harvard Business Review. Here’s an excerpt:
“If you ask venture capitalists in Silicon Valley how they measure the success of business entrepreneurs, they would no doubt list off metrics having to do with fast growth: funding raised, people hired, customers acquired, revenue produced. The assumption is that company growth is good. But when it comes to social ventures, where the primary focus is impact (not profits), bigger isn’t necessarily better.
When organizations talk to my colleagues and me at the Skoll Foundation about growth in staff size, budget size, or client / beneficiary numbers, we often ask “So what?” In our view, those types of growth don’t necessarily translate to real and significant impact. Sure, size can often be correlated to maturity, but we want to know that the service, curriculum, or product the organization is offering has a significant impact on the problem it aims to solve. For us the question is not how do you grow organizations but how do you scale impact?”
Read the rest: http://blogs.hbr.org/cs/2013/01/its_not_all_about_growth_for_s.html