Impact Measurement 3.0: From Impossible RCTs to Automated Causal Modeling
Manage episode 468226521 series 3505801
What if nonprofits could measure their impact without breaking the bank or succumbing to funder demands for costly trials? Join us on "The Nonprofit Fix" as we unravel the complexities of impact measurement, challenging the dominance of randomized control trials (RCTs) and exploring more accessible alternatives. With three decades of experience in program evaluation, we dissect the limitations of RCTs and the pitfalls of non-experimental studies, which often inflate success rates without truly reflecting causality. Our conversation doesn't stop there—we navigate the promising terrain of AI and machine learning, which holds the potential to revolutionize evaluation methods by leveraging existing data for more accurate and cost-effective assessments.
We then examine the paradigm shift in nonprofit data management, advocating for a transition from compliance-driven collection to harnessing data for real-time insights and program enhancement. Imagine reducing evaluation lag time while simultaneously fostering a dynamic, responsive service delivery—technology makes this possible. By repurposing administrative data and adopting machine learning, nonprofits can create feedback loops that enhance decision-making and program effectiveness. This approach not only transforms service delivery but also generates a culture of continuous improvement that benefits both practitioners and beneficiaries.
Finally, we delve into the nuances of differentiating raw data from genuine impact within the nonprofit sector. With a critical eye, we address the challenges of using simplistic surveys and the role of sophisticated program administrative data systems. The conversation extends to the potential of machine learning to build comprehensive models that reflect true program efficacy. We explore key resources like Project Evident and training opportunities that open new horizons for nonprofits seeking to refine their impact measurement. As we wrap up, we offer a glimpse into our podcast's evolution and tease future discussions on the effects of changes in federal administration on nonprofits.
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1. Impact Measurement 3.0: From Impossible RCTs to Automated Causal Modeling (00:00:00)
2. Challenges and Solutions in Impact Measurement (00:00:07)
3. Advanced Techniques in Impact Measurement (00:09:06)
4. Transforming Data Into Meaningful Insights (00:14:32)
5. Leveraging Technology for Impact Measurement (00:21:23)
6. Differentiating Data From Impact in Nonprofits (00:32:22)
7. Precision Evaluation Through Machine Learning (00:42:49)
8. Leveraging AI and ML for Impact (00:58:49)
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