Glossary of Terms

Glossary of Terms
DEI: Diversity, Equity and Inclusion
SDGs: Sustainable Development Goals
COP: Community of Practice
ESO: Entrepreneur Support Organisation. May also be known as an incubator, accelerator, investor, or other entity offering support services for entrepreneurs
MEL: Monitoring, Evaluation and Learning
Impact: The long term ‘change’ that results from immediate and short-term ‘outcomes’. Whereas ‘outcomes’ are the results of your inputs, activities and outputs, ‘impact’ is longer-term change that occurs when your outcomes are realised.
Human-Centred Design: A design process (for a project, product, or service) that puts people at the centre; designing solutions by engaging the end user and keeping their wants and needs at the forefront throughout the design process and in the final solution or product
CRM: Customer Relationship Management (can also be called Client Management System). This is a digital internal system for the effective tracking and management of your clients, program participants, partners, etc. It can be used for communications and/or MEL (data tracking for participants and graduates, for example)
Outputs: Sometimes called a ‘deliverable’, an output is a short-term milestone that is the result of a collection of activities
Outcomes: The result of your activities and outputs
Theory of Change: A visual or narrative description of what you intend to do (inputs and activities), what this will achieve in the short-term (outputs), and the medium- and long-term results of this (outcomes) final intended impact. A Theory of Change should clearly show how this change, or ‘impact’, will occur (i.e. the inputs and activities lead to outputs, which result in intended outcomes, eventually achieving intended impact)
Disaggregate: To ‘disaggregate’ data means to separate it into different parts. For example, you can separate your data of entrepreneurs into different genders
THE PRINCIPLES
A set of living, open source Guiding Principles for ESO Impact Measurement, led by a Community of Practice, and developed with input from key stakeholders.
Explore by Principle or start with