Usually, when an organization is funded to deliver a service, they are obligated to deliver that service even if it is ineffective. However, when funding is tied to results, organizations can experiment with new and impactful ways to achieve their outcomes. To deliver impactful outcomes to the communities that you serve you need to think expansively and promote new discoveries. Results-Based Financing can be a powerful tool to achieve that.
This course will help mid-sized NGOs evaluate Results-Based Financing as an option for their organization and plan for this type of funding. In this course, you will learn about the expectations of Results-Based Financing, the various type of Results-Based Financing available, and organizations who have had great success moving to a results focused funding approach.
Module 1: Identify Outcomes
Describe an outcome that your organization seeks to achieve
Module 2: Define Outcome Metrics
Identify the metrics you will use to measure your outcome
Module 3: Move from Outcomes to Results-Based Financing
Consider why an organization would go from measuring outcomes to being paid for them
Module 4: Understand Results-Based Financing Options
Evaluate the fit of various kinds of Results-Based Financing contracts for your own organization
Module 5: Learn from a Case of Results-Based Financing
Apply learnings from a real life example of Results-Based Financing
Module 6: Prepare for Results-Based Financing
Assess your organization’s readiness for Results-Based Financing