Did you know that Black women are the fastest growing group of entrepreneurs in the country, but among the least funded and lowest earning. This disparity is expressly linked to larger wealth and credit gaps and systemic injustices that are prevalent in the Black community.

Sistahbiz Global Network helps Black women entrepreneurs and micro businesses build scalable, sellable businesses. Makisha Boothe, Founder, CEO and Head Coach works with business leaders to rethink their revenue strategies, brand systems, resource allocation and human capital strategies. Membership to the network of over 1,200 female founders gives access to monthly masterclasses, a business library full of tools and templates, cohort programs, collaborative “work groups” that team up for 90-day periods to learn, plan and build together.  Access to the network also includes vetted service providers, business coaches and a mental health or wellness expert. In addition to these benefits, members have access to exclusive loans and grants – to date, Sistahbiz has distributed $85,000 in grants and services to Black women-owned businesses.

While Makisha knew she was making an impact in the Black business community she wanted to strengthen Sistahbiz’s data practice to ensure she was using this information to drive decisions, program growth, and enhance member experiences, so she partnered with ResultsLab to hire an Impact Manager to serve as an extension of her small but mighty team.

Impact Managers at ResultsLab are a shared resource that takes the hiring and supervising burden off the organization while working to strengthen its data practice. ResultsLab Impact Managers report into the ResultsLab leadership team and have access to our tools, frameworks, and to other consultants’ expertise on our team for problem-solving and collaboration. Impact Managers dive into all things data and work to build a culture of learning that uses data for decision-making. They work to implement ResultsLab’s ACT^TM model – a 3-step process: Align I Capture I Transform — to define success and quality, set, collect and analyze the right measures to evaluate and use data and inform key decisions.

Sistahbiz’s Impact Manager was focused on populating reports and analyzing existing data, creating systems and dashboards needed to use information for knowledge generation, learning and improvement, accountability and to help demonstrate impact to key stakeholders and funders. ResultsLab consultants worked with Sistahbiz’s leadership team to set the direction for the engagement, and develop a strong practice focused on performance measurement goals. We hosted data use sessions and engaged in coaching and training to support the Sistahbiz team. Impact Managers ask critical questions and provide recommendations based on contextual needs and research best practices.  We continually look for how we might improve upon the process in place to be more effective and efficient.

We are stronger together.