In 2010, Aspiren Ltd launched the Local Impact Measurement Tool (LIMtool, www.limtool.com) for use by small businesses and organisations to report on their impact in six areas. These areas were chosen as they appeared in the majority of Local Area Strategic Plans and are Impact on:
- The local Economy
- Health & Wellbeing
Adrian Ashton, a renowned Impact Consultants said this of the tool:
“As someone who’s been involved in impact reporting for over a decade, I know the various benefits that organisations gain from doing it, but also the barriers that they face – this tool seems an ideal solution to allowing you to undertake an easy, cheap and quick impact assessment to reveal just how great you really are and the contributions you’re making to your community: both socially and economically. It’s not a magic bullet that will reveal everything about what everyone thinks about you and how they’ve been changed for the better, but its a great starting point – as a benchmarking tool, a way to better prove your worth to customers and commissioning bodies, and as a starting point to develop your reporting in the future.”
The tool has over 150 individual indicators for organisations to measure against. It takes most organisations less than half a day to complete from beginning to end. A Nottinghamshire based social enterprise with 6 services, 25 staff and 200 volunteers recently completed their LIMtool in two and a half hours.
The tool generates three reports:
- A print of each module
- A two page PDF report with the most important indicators automatically inserted
- A single page Infographic with your top 8/9 indicators. This is currently done by hand but is being automated in the next release, due shortly.
The Tool is currently in beta testing of the next iteration. This will include the ability to produce infographics automatically with your branding, include mini case studies throughout your report and has several new indicators to reflect recent changes.
The next iteration (March 2015) of the tool will enable organisations to measure additional Beneficiary impacts. Each module will have an additional section that can examine specific aspects of the service provided. For example, in the health and wellbeing section there will be a question about reduction in visits to the GP, with a financial value attached to that.
if you’d like to see the first version of the tool, to get an idea of the kind of indicators use, then click here to get to the example account.
Enter the username: harryfishbar and use the password: grandpiano8823