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Social Return on Investment

Social Return on Investment. Rob Shipway Hall Aitken. SROI ‘taster’. Measuring what matters Changing lives – what does this mean? Understanding impact New ways of measurement Proving and improving Outputs v outcomes. SROI. Outcomes based measurement tool Cost benefit analysis

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Social Return on Investment

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  1. Social Return on Investment Rob Shipway Hall Aitken

  2. SROI ‘taster’ • Measuring what matters • Changing lives – what does this mean? • Understanding impact • New ways of measurement • Proving and improving • Outputs v outcomes

  3. SROI • Outcomes based measurement tool • Cost benefit analysis • Participatory approach • Monetary value to outcomes • Narrative report • Social value (£) for every £ investment

  4. SROI is... • Social, environmental economic costs and benefits • Story of change • Measuring outcomes • Assigning values • Value not money – Story not number • Proving value

  5. So what? Why use it? • Political opportunity • What difference do you make anyway? Prove it • Story of change and outcomes • Understanding impact to: • • Communicate the SOCIAL VALUE • • Management Tool • • Performance Management

  6. SROI types

  7. SROI principles

  8. SROI process

  9. SROI Process Stage 1 • establishing scope and identifying key stakeholders • mapping outcomes • evidencing outcomes • giving them a value - proxies

  10. SROI Process Stage 2 • Establishing impact • Deadweight • Displacement • Attribution • Drop off • Calculate the SROI • Reporting, using and embedding

  11. GROUP DISCUSSION • Usefulness of SROI – when would you use it? • Pros and Cons? • Audience – internal and external? • Purpose of SROI – how will you use the report and information?

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