NPM 507 Social Capital and Social Impact Assignment Sample SUSS, Singapore

In this assignment sample, we will be going to discuss the NPM 507 Social Capital and Social Impact Assignment Sample of SUSS, Singapore. Non-profit organizations act as an intermediary between the individual and society. As a producer of social capital, NPM507 explores how norms, networks, interactions, and coordination are all valuable aspects that lead to trustworthiness in non-profits.

The production of this social capital leads to increased civic engagement by creating systems for greater resilience against disasters like Hurricane Sandy or earthquakes like Haiti’s devastating 7 magnitude earthquake in 2010 – it provides an infrastructure with affordable housing that is not dependent on governments or wealthy individuals but rather can be accessed through lower-cost loans from charitable institutions such as banks which provide interest rates below typical maximums set forth by government policy; also hospitals need less reliance on outside donations.

This course was designed to explore the theoretical foundations of Frugal Innovation and present case studies of its practical implementation. The class was split into teams to discuss the different topics within each session and then compile a tool kit & presentation for our classmates on how we would implement frugal development in underdeveloped countries.

TOA, TMA, GBA Assignment solution of NPM 507 Social Capital and Social Impact

At the end of this assignment, students will learn the importance of NPM 507 Social Capital and Social Impact with the following learning outcomes.

1. Appraise different types and dimensions of social capital 

Social capital is an interesting concept and has been studied by academics and scholars for years now. The idea of social capital is based on the premise that a person’s social contacts are worth something (though at this point this hypothesis is not generally accepted).

It can be found in both non-profits as well as private companies, though much more prevalent in non-profit organizations because they are primarily funded through voluntary contributions. There are many ways to measure and define it, but the one I am most comfortable with comes from Diane Ravitch from her book Left back.

This definition says that “social capital refers to the web of relationships maintained by individuals–social bonds which have valuable economic functions Social capital is your efficiency in joining social networks and relationships. It’s how you’re able to team up with other people, organizations, and so on to achieve more together than would be possible alone.

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2. Prioritize social capital in terms of its impact on societal wellbeing and development

Prioritize social capital in terms of its impact on societal wellbeing by taking these four things into consideration:

• Provide social connections, aka creating a village; effect. People with friends are less likely to experience negative outcomes like loneliness, low self-esteem, or depression.
• Healthy relationships improve the quality of life and help protect against age- related cognitive decline. Social networks also facilitate mental health services, promote access to a greater variety of goods and keep seniors connected.
• Build resilience for the future. Intergenerational activities can build ties between younger and older generations as well as provide meaningful work experiences for seniors that may reduce their feeling of isolation from society.

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3. Deconstruct the benefits that accrue to an organization as a result of inter-sector collaboration

The benefits that accrue to an organization as a result of inter-sector collaboration has become more and more crucial in the contemporary business world, given the rapidly changing pace of the development of technology and digital communication.

The true motive for cross-sector collaboration is not simply altruism but enhancing profits, managing risk, securing market share, or meeting critical financial targets. A collaborative culture invariably strengthens organizational resilience by reducing operational and investment risks.

Collaborative approaches also reduce costs which contribute to company revenues enabling improved profitability within a specific sector.

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4. Examine the complexities of social impact

Examining social impacts is a key component of contextual design and has an important place in ethnographic research. Social impact analysis seeks to understand, from the perspective of communities, how design changes will affect their lives.

The complexity itself should not be avoided but embraced through various methods including understanding context and doing in-depth interviews. Additionally, we can take cues from other disciplines and involve members from different professional fields such as psychology, sociology, ecology, and many more to continue gaining a robust understanding of the complexities in social impact assessment.

It’s crucial that designers become familiar with multiple analytic techniques to glean valuable insights when examining pragmatic solutions for the present socio-ecological impasse that shapes our world today.

5. Evaluate the tools and methodologies for measuring social impact

Firstly, tools for measuring social impact vary widely with the understanding and desired outcomes.

Secondly, we can evaluate the tools for your project to measure your environmental impact through different measures such as resources used, cost of goods sold, or product pricing.

Thirdly, you evaluate whether a tool may provide better outcome data than another.

Lastly, it is vital to understand that there is no one perfect metric; each has its strengths and weaknesses so evaluation needs to be done on a case-by-case basis examining how well an existing tool will work and what limitations it may have.

6. Formulate strategies for inter-sector collaboration

There are many things that can be done to Formulate strategies for inter-sector collaboration. One option is setting up an internal conversation on what the current barriers in both sectors are. Potential barriers could include the availability of cash, social stigma, or excess bureaucracy and regulations that hamper effective cooperation.

The next step would be to go out into the field together and Start looking at Implementable solutions; can include finding pilot programs on which both sectors have an interest or monitoring all grants issued by the federal
government vis a vis their impact on physical activity among other strategies.

Finally, it would be important to take notes of all agreements made and tasks assigned while also providing deadlines for each task assigned so as to formulate long term.

7. Analyze the societal implications of non-profit projects and services

We can assess the societal implications of non-profit projects and services by providing a social benefit assessment for an organization’s projects. This would include sales, marketing, product placement, customer retention, employee satisfaction, and many other factors.

If you’re trying to measure performance in some way or translate numbers into a story that communicates how something was done then you are using data analytics. Data analytics refers to any statistics-driven analysis activities involving one or more dimensions of data that improve decision making through improved information related to aspects such as predicting future events, analyzing past events, etc.

8. Demonstrate appropriate use of tools and methodologies for measuring social impact

Organizations and companies that have sworn their allegiance to the Social Revolution needs to measure how people interact with them in order to have a clear grasp of what’s working and what needs improvement. But measuring success on social media is a tricky proposition.

We can demonstrate the appropriate use of tools; methodologies for measuring social, so you don’t make your own sense of it or accidentally fall into some kind of trap.

For instance, instead of going after vanity metrics like Likes and Retweets, you’ll want metrics like Reach (how many people saw your content) Sentence Length (How long are the captions?) Images vs Text (What gets more engagement?) And Debate Level (What happened to those wars?).

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