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All Journal International Journal of Management Science and Application
Nusapati, Achmad Ichsan
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Decision Sciences, Operations Research & Management Economics, Econometrics & Finance

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The Measuring Development Impact with the Social Return on Investment Approach Model Bahri, Efri Syamsul; Wibowo, Hendro; Nusapati, Achmad Ichsan
International Journal of Management Science and Application Vol. 3 No. 2 (2024): ijmsa
Publisher : Sultan Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58291/ijmsa.v3i2.264

Abstract

Development has a strategic role in improving community welfare. Development covers the social, economic and environmental fields. Development can be called successful when it significantly impacts various stakeholders. This research uses the Social Return on Investment (SROI) approach model to describe impact measurement. This research uses qualitative methods with a descriptive approach and a literature study. The results of this research show that the impact of development can be measured using the SROI model. Based on the SROI model, measuring development impacts includes three dimensions: social, economic and environmental. Implementing impact measurement is a form of accountability and transparency in development. Therefore, to get an idea of the magnitude of the impact, development in various sectors needs to be measured using the SROI model. Government and non-government organizations can use the SROI model to measure the impact of development that will and has been carried out.
Co-Authors Bahri, Efri Syamsul Hendro Wibowo