Understanding Lean Data and Its SignificanceIn the realm of social impact measurement and management, Sopact emerges as a pioneering force, spearheading a revolutionary approach fueled by Lean Data. Initially popularized by Acumen, this methodology has enabled organizations to recognize the power of collecting high-quality data that showcases social change while optimizing resource efficiency. Building upon this foundation, 60 Decibel, a prominent ESG and Impact Data firm, further popularized the concept of Lean Data. However, to fully harness its potential, organizations need to comprehend the pros and cons of this approach.