Government and the social sector are the only spaces that measures impact of projects only after the money has gone out the door. Every other industry tries to predict outcomes in terms of success. Considering the sheer magnitude of people impacted by government programs and social sector projects, not having an informed notion of what the impact will be has consequences in terms of opportunity cost and often the quality of life.
Can you use predictive data to guide the investments made by these sectors? Can you make an informed analysis of how to spend dollars so that they are spent in the best way possible? Can comparisons between options be compared, especially given that the evidence of success is often the same? While working out in the gym, listening to Pandora, Jason Saul, CEO of Mission Measurement had an epiphany. Watch the story of the Impact Genome on Big Shoulders live on Advisor.TV.