GDI: Quantifying the Impact of the Menzies Foundation
The below article was originally posted on the Menzies Foundation website, titled "Impact; unlocking the power of data within Not-For-Profit’s" and has been reposted with permission.
Jul 11, 2022 | News
The Menzies Foundation is delighted to announce a new partnership with data specialist, the Good Data Institute (GDI).
The Good Data Institute seeks to bridge the gap between the not-for-profit world and data analytic expertise to support social impact, and this collaboration will support the Menzies Foundation to further develop the Foundation’s impact and evaluation framework.
The Menzies Foundation aspires to build a leadership movement which encourages Australians to reflect on leadership, pivot to their purpose, build their leadership capability and contribute to the ‘greater good’. In the context of this work, the Foundation builds catalytic incubators to address leadership challenges. The Foundation is in the process of developing the Menzies Viral Co-Efficient Model which aspires to measure both the transaction virality and transformational nature of these leadership platforms, and our contribution to the leadership discourse more generally.
The Menzies Foundation and Good Data Institute project will specifically focus on the Menzies School Leader Incubator and develop a data approach which deepens the understanding of the systemic impact the initiative is having with those stakeholders both directly and tangentially connected to the work. This ‘new power’ approach to knowledge translation lies at the heart of movement building.
“We are thrilled to be supporting the Menzies Foundation with a piece that could set a blueprint of sorts for impact measurement across systems-change programs nationally. The Good Data Institute is well-positioned to support such a project as our community of over 100 volunteers have a unique mix of data and analytics skills alongside the strategic thinking ability that is necessary for understanding a big picture system change challenge” said Tom Perfrement, Co-Founder & Director, Good Data Institute
“We are excited to have the opportunity to work with the Good Data Institute to more deeply consider the development of the Menzies Viral Co-Efficient Model which will considerably enhance our understanding of both the transactional and transformational outcomes of work we do with our outstanding collaboration partners, and is crucial in amplifying the impact of this work both in Australia, the region and the world.” said Liz Gillies, CEO, Menzies Foundation.
The project is being led by GDI Fellow, Shakeel Lala (Product Manager, Sharesies), and a small team of GDI data analytics volunteers, including Matthew Travaglini (Associate, Macquarie Group), Michael Berry (Senior Manager, Data 2 Insight Consulting) and Ashish Chopra (Senior Data Analyst, Safety Culture) and is expected to be complete over a 4–6-month period.
Vivek Katial, Co-Founder & Executive Director, Good Data Institute said, “The similarity between the Menzies Foundation and the Good Data Institute is that we too are ultimately focusing on developing a community of leaders. For us, we are focused on the provision of pro-bono data analytics services to Not For Profits. We want to see NFPs as the front runners and not the laggards when it comes to the use of data and analytics to drive decision making, improve efficiencies and measure impact.”
If you are a data & analytics professional looking to make an impact and become part of a global community of people like you, applications for our next GDI Data For Good cohort will open soon with the program running over Oct, Nov and Dec 2022. This program serves as the gateway into the Good Data Institute community and consists of learning and development (L&D) events and a team based hackathon with a NFP partner. Sign up for our newsletter here to stay in the loop.
The Good Data Institute (established 2019) is a registered not-for-profit organisation (ABN: 6664087941) that aims to give not-for-profits access to data analytics (D&A) support & tools. Our mission is to be the bridge between the not-for-profit world and the world of data analytics practitioners wishing to do social good. Using D&A, we identify, share, and help implement the most effective means for growing NFP people, organisations, and their impact.