There's been a lot of talk in the volunteer engagement field about how to measure the return on investment from engaging volunteers. Most of us realize that the days of reporting the number of volunteers and their hours isn't moving us to higher ground. In this issue I'm pleased to provide you with the new Volunteer Frontier Service ROI Calculator. It's a interactive tool to help capture a more accurate value that volunteers deliver to a nonprofit or government agency. Also in this issue, view good links and resources on how to determine the outcomes volunteers make towards meeting the mission. Feel free to forward this message on to colleagues.
Resources - Volunteer Engagement Return on Investment
When thinking about the value volunteers provide to organizations, volunteers are either capacity builders (internal focus) or service delivery providers (external focus). The new Volunteer Frontier Service ROI Calculator gets at the capacity building question (internal). The other two resources below address more of the service delivery angle and the challenging externally focused question, "Is our volunteer engagement making a real difference to others/society or not?"
NEW - Volunteer Frontier Service ROI Calculator - Download this free calculator to help your agency better count the financial contributions volunteers provide. Most CEOs - for good reason - are most focused on meeting payroll and keeping the lights on. Volunteer engagement is sometimes seen as a nice add-on, rather than an area that can contribute to meeting the financial bottom line. The calculator helps managers better capture the bottom-line money saved and money made though volunteer engagement.
Tony Goodrow's recent October 19th blog submission says that the question we should be asking is, "What is the relationship between the number of hours of volunteer time that we consumed related to the value of what we accomplished?" Read this concise article that helps frame how to determine when it makes sense to deploy volunteers or not. Tony is the President of Volunteer Squared.
Contact me any time should you have questions concerning how to maximize your utilization of volunteers to save money, make money, and do more mission. Visit Volunteer Frontier, to find great resources and a full list of my services. Learn about the Volunteer Frontier approach to yield impressive returns for years to come. Lastly, visit my blog to get my take on trends and ideas in the field of volunteering.