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Measuring your impact: a reference for students’ unions

Measuring your impact: a reference for students’ unions. Nef and NUS 2013. SROI. Social return on investment Stakeholders –the people who matter – are always at the heart of the process.

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Measuring your impact: a reference for students’ unions

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  1. Measuring your impact: areference for students’ unions Nef and NUS 2013

  2. SROI Social return on investment • Stakeholders –the people who matter – are always at the heart of the process. • Outcomes – this method shows the real benefits created for stakeholders, whether individuals, communities, society or the environment.

  3. Stages • Stage 1: Identify purpose, scope and stakeholders • Stage 2: Understand what changes • Stage 3: Measure the change • Stage 4: Determine Attribution • Stage 5: Report

  4. Impact Assessment • Talking to stakeholders to identify what outcomes matter to them • Understanding how your work contributes to those outcomes • Finding a way to measure your impact • Demonstrating your value, and learning how to produce more of it Fundamental features • Stakeholders are central • Theory of change • Transparency • Benefits • Accountability • Better info for future decision-making • Cost and time effectiveness

  5. Stage 1: Identify scope • Define scope – know what you’re trying to achieve • Select stakeholders - beneficiaries, funders, participants, staff • Determine materiality Stage 2: Understand what changes • Outputs and outcomes • Engage stakeholders • Create an outcome map….

  6. Outcome map

  7. Stage 3: Measure the change • Select indicators – signs/signals • Collect data • Engage stakeholders (again) Determine attribution • 2 ways – ask stakeholders opinion; ask stakeholders who else has been involved • Establish benchmarks – ask stakeholders, get data on control group • Check for displacement Report • Identify audiences and interests • Describe the impact – percentage population; distance travelled • Embed the learning

  8. Useful resources • Office of National Statistics – Children, Education and Skills http://www.ons.gov.uk/ons/taxonomy/index.html?nscl=Children%2C+Education+and+Skills • Office of National Statistics – Labour Market http://www.ons.gov.uk/ons/taxonomy/index.html?nscl=Labour+Market • PlosONE – a free, open-access journal of peer-reviewed research http://www.plosone.org/home.action • Department for Innovation and Skills – Statistics and Analysis http://www.bis.gov.uk/analysis/statistics http://www.bis.gov.uk/analysis • Office of National Statistics – National Wellbeing Measures http://www.ons.gov.uk/ons/interactive/well-being-wheel-of-measures/index.html Contact James.Robertson@nus.org.uk for more information!

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