VIP2017 implements Hourglass methodology to measure social impact

This year VIP is implementing an measurement tool to track the impact created by the VIP Programme. This tool was developed by Incitement in collaboration with Taylor’s Education Group. The objective of the Hourglass is to derive both qualitative and quantitative measurements (results) from social projects. The outcome of each Hourglass workshop is to establish and align an impact measurement target model by recognising the various objectives of every stakeholder involved – from beneficiaries to sponsors, from non-profits to consultants – and carefully crafting impact measurements around those objectives. The Hourglass methodology was tested prior to implementation within the VIP programme by CIMB Islamic and Liter of Light Malaysia. Below is a snapshot of the Hourglass methodology: