Blended Value » The Metrics Myth | The Pursuit of Integrated Economic, Social & Environmal Value

Blended Value » The Metrics Myth | The Pursuit of Integrated Economic, Social & Environmal Value.

Note to reader: I simply curate here. True Thought Leaders who have long lived this important pioneering work are people like Jed described below. I also link to his work below under Thought Leaders in the links. 

Jed Emerson

Originator of the concept of Blended Value, Jed Emerson has extensive experience leading, staffing and advising funds, firms, social ventures and foundations pursuing financial performance with social/environmental impact. Jed currently focuses on working with families exploring how to ensure a long term legacy by managing their full net worth for impact and engage in family processes which bring multiple generations into that effort. He is an internationally recognized Thought Leader in sustainability and sustainable finance, impact investing, social entrepreneurship and strategic philanthropy. Emerson has played founder roles with some of the nation’s leading venture philanthropy, community venture capital and social enterprises.

Excerpt from the blog post linked above:

Metrics matter.

The challenge, of course, is that actually creating meaningful, relevant social management information systems to track the total performance of our impact investments takes more time and money than many social entrepreneurs and investors care to spend. In some perverse variation of the “We don’t fund overhead, only program” comment one sometimes hears from foundation executives and donors, too many of those in the impact investing community view an effective metrics reporting system as “nice to have” as opposed to “critical to our practice in advancing impact.” And therefore, while the topic of metrics continues to carry much weight in our conversations—a “must have” topic at any impact investing conference and justification for any number of stand alone meetings, events and professional junkets—the reality is for far too many of us involved in impact investing actually attaining sustained metrics practice is, in truth, frequently seen as the dreamlike, mythical Loch Ness Monster, with flashing skin and scales so close you can almost touch them as it twists and turns and slowly descends out of sight, into the muddy murk of our investing waters.

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