
Guides
Ventures at the Helm
By Laura Budzyna, Heather Hachigian, Karim Harji and Penny Hawkins
17 Oct 2024
This report is a practical guide to impact measurement and management. It explains how enterprises can build strong impact strategies and shows that different approaches are needed at different stages of growth. Rather than using one model for everyone, it encourages flexible, stage-based impact practices.
View resourceSummary
Its key ideas are:
- Strategic: what can and should be measured depends on a venture’s visibility and control over impacts and how its business model and mission evolve.
- Adaptive: ventures cannot hold conditions constant or use the same metrics consistently because of their context, resources, and mission & strategy change.
- Iterative: along the impact measurement and management journey, there are ebbs and flows between sophisticated, multi-dimensional approaches, to simple and direct measures, and then back again.
The project also has a website that offers a range of templates and tools for both enterprises and investors.

We’d love to hear from you!
Reach out to one of our team members, and share input and ideas about how we can evolve Understorey.
Get in touch