Archive for December, 2009

Nonprofit Networking: Infinite Return on Investment?

Tuesday, December 15th, 2009

A few days ago I participated in a conference with the ambitious title Brain Trust for Online Capacity Mapping and Resource Matching for Nonprofits, Philanthropies, and Communities.

There were about 40-50 participants, hosted by my friend Deborah Elizabeth Finn (aka The CyberYenta, for her uncanny knack for nonprofit professional match-making :) )

Offcially, the conference took place in Boston, but its locale was hard to pin down since most participants (including myself, and even some presenters) were attending remotely.

There were a few things about this hybrid physical-web attendance I found interesting, but before going into the conference format, a quick summary of content: three organizations presenting innovative web-based resources for the nonprofit community and its supporters:

  1. Social Actions: gathers and disseminates an open database of actions that anyone, anywhere, can take right now to make a difference [ link:http://socialactions.com/ ]
  2. NPO Connect:  facilitates skill transfer between professionals in the non-profit sector by allowing professionals to connect with one another through a web-based platform [ link: http://mnn.npoconnect.org/ ]
  3. Massachusetts Nonprofit Database:  Compiles a multi-dimensional database of nonprofits in Massachusetts, which can serve as a model for other states [ link: http://massnonprofits.clinc.us/Default.aspx ]

Attending via the web is definitely not the same as being there, but it’s not quite as simple as saying it’s the next best thing.

Advantages included live simultanous chat, real-time surfing to related sites, and the myriad conveniences afforded by being in your own office or home - including the option of not wearing pants (for the record, I did.)  There were some technical hiccups, but once underway it was a pretty seamless experience, and I was glad I was “there”.

I’m always intrigued by the economics of things, so my final thought is on the total costs of provding both audio and video access: zero.

In this case, the conference call audio was hosted by FreeConferenceCall [link: http://www.freeconferencecall.com ] and video by dimdim [link: http://www.dimdim.com/ ] - two of many free remote meeting services.

I don’t know if the business model of these “free” hosting services is good, ethical, or most importantly, sustainable (see Free Conference Call’s explanation/defense here: http://www.freeconference.com/blockingfaq_press.aspx ) - but I do know that it’s a useful tool for a sector that can use all the free help it can get.

When pondering these conferences’ ROI - social or otherwise - an I at or near zero makes for some impressive Rs.

Live from New York… It’s SOCIALMARKETS!

Wednesday, December 9th, 2009

At long last we are releasing socialmarkets into the wild!

This is a beta release, covering much but not nearly all the functionality we want to build into the site.

As always, our focus is on SROI (Social Return on Investment) but in this release, we are particularly focused on how crowdsourcing figures in to the calculation of SROI.

We are capturing our user’s opinions on which social projects deliver the greatest social returns.  The more user input we get, the better our result will be - so please visit us and add yours!

Here are the highlights of what you can do on the beta site:

  • Find links to some basic research on SROI
  • Find out about some nonprofits, including the outcomes used to measure their success
  • Use our Rate-O-Matic to rate how valuable you think nonprofit outcomes are
  • See how other users have rated nonprofit outcomes
  • Vote up or down the SROI of individual nonprofits
  • Donate to nonprofit projects you want to support
  • See how your nonprofit “investment portfolio” compares to those on our Leaderboard

We are allowing access to the site in stages.  Anyone can tour the site, but an invite code is required for full access.  Here on the blog we are announcing the first public invite code: BLOG.

Please visit us at http://beta.socialmarkets.org and use the code BLOG to register.

We would be grateful for any input you have, from your opinion on social outcomes, to the value of our approach and its execution on the site.

There is a short survey at http://bit.ly/7wvBE, and you can always send us a note at info@socialmarkets.org.

We hope to hear from you!


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