MGMT5514 Demonstrating Social Impact

Credit
6 points
Offering
(see Timetable)
AvailabilityLocationMode
Trimester 2UWA (Perth)Face to face
Content
This unit provides an introduction and overview to social impact evaluation and assessment. It includes discussion of the factors that have been driving the greater focus on social impact assessment as well as the benefits and limitations of evaluation more broadly; a critical discussion of what constitutes robust evidence on social impact; an examination of the underpinning principles of evaluation, cost-benefit analysis and social impact assessment (e.g. stakeholder engagement, theories of change, transparency, ethics, verification and assurance); a detailed focus (concepts and practice) on key social impact measurement approaches—logic models, social impact assessment (SIA), the most significant change (MSG) approach, and the social return on investment (SROI) method; and a discussion of frameworks used to account for social impact in the corporate and not-for-profit sectors such as the global reporting initiative (GRI), the London Benchmarking Group (LBG) initiative and results-based accountability.
Outcomes
Students are able to (1) describe and critically evaluate the role, methods and use of social impact measurement; (2) describe and understand the key underpinning principles of best practice social impact assessment; (3) understand major approaches to social impact measurement used around the world; (4) apply specific approaches to demonstrate the social impact of a project, program or organisation; (5) describe and understand specific frameworks used by corporations to demonstrate the impact of their social initiatives; and (6) understand non-financial reporting and not-for-profit accounting as it relates to social impact.
Assessment
Typically this unit is assessed in the following ways: (1) class participation and exercises; (2) individual essay; and (3) group case study. Further information is available in the unit outline.

Supplementary assessment is not available in this unit.
Unit rules
Prerequisites:
enrolment in the Master of Business Administration (coursework)
or
the Graduate Certificate in Social Impact;
or
approval from the Faculty of Business only, which will be determined with regard to relevant documented professional work experience.
Contact hours
lectures/seminars/workshops: 4 sessions (7–8 hours each) and 2 sessions (3 hours each)
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