mmm collective data presentation 270312
TRANSCRIPT
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How pooling our
data can build our
collectiveintelligenceWays to have your cake and eat it!
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Overview
What is comparative & collective data good for?
Common Data Traps
What benefits are accruing to those who DO benchmark?
How will we do this within re.volution?
What other sources of data can I make use of?
A few tips for making best use of these data sources
How will we get going with the collective data work?
Buddy system
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What is comparative &
collective data good for?Internal goal setting:
Seeing where you are strong (vs. your peers)
Seeing what needs improvement
Diversifying income and/or managing cost
Setting targets that are more than plus a bit/minus a bit
To stakeholders, funders etc:
Stronger funding applications
Galvanizing Volunteers & Members
Communicating your achievements
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What is comparative &
collective data good for?With trade bodies and professional organisations:
Identifying areas where support or development is required
Monitoring trends and the impact of sector development
activities
For the non-profit culture sector as a whole:
Communication of the overall contribution to GDP (or it would
be if we had a total for the turnover of the sector)
Lobbying to the Treasury by DCMS and others
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Common Data Traps
Lack of data on peers
Lack of data that is sliced by region, sector, size, role in
ecosystem
Focus only on the best practice of the large organisations and
expecting this to be relevant to small & non-venue basedorganisations
Filling in surveys but not holding the survey owners accountable
for the usefulness of results reporting
Too long a delay between survey completion and resultspublication/access
Using above as excuses to not bother comparing progress and
over reliance on qualitative arguments
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What benefits are accruing to
those who DO benchmark? Pragmatic and realistic goal setting for new areas of income
development e.g. donations & sponsorship
Greater clarity on how a business model may change as anorganisation grows e.g. changes from
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How will we do this within
re.volution?MMM have partnered with MyCake to:
Collect, analyse and report on data for the re.volution programme using theMyCake benchmark tools
Offer 50 re.volution peers 6 months of free access to the Culture Benchmark so you have access to results immediately
Provide support for learning to use MyCake to both upload data andinterpret individual results
in addition
MyCake is planning a series of seminars around England to get peoplebenchmarking
MyCake will set you up not just with access to the benchmark group forMMM but also to access to relevant sector clusters
Even if you dont continue as a paid subscriber once the 6 months is up youwill continue to have access to the RFO/NPO benchmark and the CharityBenchmark
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What other (collective) data
can I make use of ?Data Source Use
Arts & Business Comparison of private giving details by
region, size of organisation and art form
National Campaign for the Arts National headlines on approx. 20 key
indicators
Charity Commission Report & accounts information on
thousands of arts non-profits
ACE RFO statistics (or the equivalent for
Scotland, NI and Wales)
Headlines for financial, governance and
audience comparisons but mostly
national totals not per organisation stats
Audiences UK pilot reports results Key findings from the 2009-10 work
Trade body annual reports and survey
results
Sector specific reports on key issues,
trends and progress
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A few tips for making best use
of these sources: Think of the key types of comparison that would be most useful to you
e.g. by turnover, venue/non-venue, art form, location etc
Decide whether any of these are mutually exclusive (if so youll need
more than one comparison group)
Come up with a list of the best sources for information on these topics
or companies
Come up with a list of key organisations to compare yourself to
Pull together the data on these topics and organisations into a single
spreadsheet . If you dont then the different definitions and layout ofthe information will hinder analysis
Report on the findings to your staff and Board at least once a year,
quarterly if the data changes more frequently or is a live issue.
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How will we get going with the
re.volution data work? The MyCake team will call all the peers individually to offer a short
phone training session or webinar teaching you how to enter data
We will also publicise the dates for the series of seminars (half a day
each)
Once we have data coming in (soon we hope!) then well also
arrange webinars etc to help you analyse your individual results
Once we have a strong data set well analyse the aggregate set and
start discussing the major findings before publishing a report
The goal is to give you short term benefits on an individualorganisation basis as well as long term development for the sector
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Buddy system
Another idea
Review the best in class performance
Email MyCake asking if the Top 2 or 3 performers would
be prepared to share how they do it.
If Yes, MyCake sets up the direct contact and helps
facilitate the conversation