mmm collective data presentation 270312

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  • 8/2/2019 MMM Collective Data presentation 270312

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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