The future of philanthropy is feedback.
Think about it - every big force in the field - data, mobile giving, transparency, metrics, impact measurement, engagement, outcomes, social media, open source, end-to-end monitoring - rests on and accelerates feedback.
That is all.
(Check the link under feedback - Mari Kurashi of Global Giving knew this well before I did)
3 comments:
Yes, yes, and yes. And that with feedback comes the potential to make iteratively better decisions, which is to say, it doesn't have to be one big bet.
Mari
Doh! I just remembered your speech at Wharton on this. I knew that someone smart knew this before me. I've added the link in the post above and here it is
http://knowledge.wharton.upenn.edu/article.cfm?articleid=2663
Lucy
Totally agree! Last week, our foundation launched its first-ever Performance Report. We recognize it's a work in progress, so we are conducting a series of feedback exercises over the next several weeks to ensure the 2012 product is meaningful and relevant to our constituencies. http://www.humanityunited.org/performancereport2011.
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