MICROCAPITAL STORY: ACCION International Hires Ascendant Strategy Management Group to Develop Performance Metrics

ACCION International has hired Ascendant Strategy Management Group to develop performance metrics for ACCION managers. The system will be based on Ascendant’s “balanced scorecard” framework, the name for its general consulting package that it tailors to individual clients. Further specifics, including which areas of ACCION will be employing the new measurements, was not available, although it appears that ACCION’s Center for Financial Inclusion will be involved.

Ascendant is a strategy consulting firm working solely with clients in the not-for-profit sector. Their services, referred to as the “balanced scorecard” approach, include training, consulting, executive education and technology. According to the group’s website, “strategy maps, change agenda, performance measures, initiative alignment, and strategic reporting and review meetings” are the foundation of the balanced scorecard approach. Other than the development of performance metrics, it is not clear which of these services will be offered to ACCION. Further information, including whitepapers outlining the group’s methodology, can be found on their website. Financial data was not available.

By Greg Casey, Research Assistant

Additional Resources:

Ascendant Strategy Management Group: Home

Ascendant: Our Offerings

Ascendant: Our Organization

Ascendant: Whitepapers

Ascendant Press Release: “Ascendant Strategy Management Group Announces Client Partnership With ACCION International”

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