What Gets Measured Gets Done : Using a Corporate Scorecard to Drive Greater Investment Impact

In 2018, International Finance Corporation’s (IFC’s) shareholders authorized a capital increase of 5.5 billion dollars, the largest increase in its history. The capital increase was based on a strategy that emphasizes creating markets and mobilizin...

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Main Author: Narayanaswamy, Meera
Format: Brief
Language:English
Published: International Finance Corporation, Washington, DC 2021
Subjects:
Online Access:http://documents.worldbank.org/curated/undefined/280061640063511333/What-Gets-Measured-Gets-Done-Using-a-Corporate-Scorecard-to-Drive-Greater-Investment-Impact
http://hdl.handle.net/10986/36768
id okr-10986-36768
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spelling okr-10986-367682021-12-23T14:49:14Z What Gets Measured Gets Done : Using a Corporate Scorecard to Drive Greater Investment Impact Narayanaswamy, Meera INVESTMENT PROMOTION EMERGING MARKET ECONOMIES DEVELOPMENT IMPACT FINANCIAL SUSTAINABILITY EFFICIENCY In 2018, International Finance Corporation’s (IFC’s) shareholders authorized a capital increase of 5.5 billion dollars, the largest increase in its history. The capital increase was based on a strategy that emphasizes creating markets and mobilizing private capital and came with ambitious operational undertakings designed to ensure IFC’s place at the forefront of development finance, and to reinvigorate development in the world’s most challenging environments. To help implement these hefty undertakings, measure progress, and motivate staff, IFC took a fresh look at how the Corporation uses operational targets to achieve strategic goals and overhauled its corporate scorecard. Institutions seeking to implement a transformational strategy, as well as impact investors and development finance institutions balancing financial and impact objectives, can learn from how the revamped scorecard balances risk-taking with prudence, innovation with traditional business priorities, and speed with governance, to drive greater investment impact. 2021-12-22T15:00:13Z 2021-12-22T15:00:13Z 2021-12 Brief http://documents.worldbank.org/curated/undefined/280061640063511333/What-Gets-Measured-Gets-Done-Using-a-Corporate-Scorecard-to-Drive-Greater-Investment-Impact http://hdl.handle.net/10986/36768 English EMCompass;No. 108 CC BY-NC-ND 3.0 IGO http://creativecommons.org/licenses/by-nc-nd/3.0/igo International Finance Corporation International Finance Corporation, Washington, DC Publications & Research Publications & Research :: Brief
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic INVESTMENT PROMOTION
EMERGING MARKET ECONOMIES
DEVELOPMENT IMPACT
FINANCIAL SUSTAINABILITY
EFFICIENCY
spellingShingle INVESTMENT PROMOTION
EMERGING MARKET ECONOMIES
DEVELOPMENT IMPACT
FINANCIAL SUSTAINABILITY
EFFICIENCY
Narayanaswamy, Meera
What Gets Measured Gets Done : Using a Corporate Scorecard to Drive Greater Investment Impact
relation EMCompass;No. 108
description In 2018, International Finance Corporation’s (IFC’s) shareholders authorized a capital increase of 5.5 billion dollars, the largest increase in its history. The capital increase was based on a strategy that emphasizes creating markets and mobilizing private capital and came with ambitious operational undertakings designed to ensure IFC’s place at the forefront of development finance, and to reinvigorate development in the world’s most challenging environments. To help implement these hefty undertakings, measure progress, and motivate staff, IFC took a fresh look at how the Corporation uses operational targets to achieve strategic goals and overhauled its corporate scorecard. Institutions seeking to implement a transformational strategy, as well as impact investors and development finance institutions balancing financial and impact objectives, can learn from how the revamped scorecard balances risk-taking with prudence, innovation with traditional business priorities, and speed with governance, to drive greater investment impact.
format Brief
author Narayanaswamy, Meera
author_facet Narayanaswamy, Meera
author_sort Narayanaswamy, Meera
title What Gets Measured Gets Done : Using a Corporate Scorecard to Drive Greater Investment Impact
title_short What Gets Measured Gets Done : Using a Corporate Scorecard to Drive Greater Investment Impact
title_full What Gets Measured Gets Done : Using a Corporate Scorecard to Drive Greater Investment Impact
title_fullStr What Gets Measured Gets Done : Using a Corporate Scorecard to Drive Greater Investment Impact
title_full_unstemmed What Gets Measured Gets Done : Using a Corporate Scorecard to Drive Greater Investment Impact
title_sort what gets measured gets done : using a corporate scorecard to drive greater investment impact
publisher International Finance Corporation, Washington, DC
publishDate 2021
url http://documents.worldbank.org/curated/undefined/280061640063511333/What-Gets-Measured-Gets-Done-Using-a-Corporate-Scorecard-to-Drive-Greater-Investment-Impact
http://hdl.handle.net/10986/36768
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