Social Return on Investment: An Introduction
description
Transcript of Social Return on Investment: An Introduction
![Page 1: Social Return on Investment: An Introduction](https://reader036.fdocuments.us/reader036/viewer/2022062301/56816172550346895dd0fd49/html5/thumbnails/1.jpg)
Social Return on Investment:
An Introduction
Judith Barker – Culture First Matrix Associate – 11 July 2013
![Page 2: Social Return on Investment: An Introduction](https://reader036.fdocuments.us/reader036/viewer/2022062301/56816172550346895dd0fd49/html5/thumbnails/2.jpg)
Its all about measuring CHANGE
![Page 3: Social Return on Investment: An Introduction](https://reader036.fdocuments.us/reader036/viewer/2022062301/56816172550346895dd0fd49/html5/thumbnails/3.jpg)
What is social value?
![Page 4: Social Return on Investment: An Introduction](https://reader036.fdocuments.us/reader036/viewer/2022062301/56816172550346895dd0fd49/html5/thumbnails/4.jpg)
Strategic tool
Marketing
Management
Improve services
Legislation
Why is it used?
![Page 5: Social Return on Investment: An Introduction](https://reader036.fdocuments.us/reader036/viewer/2022062301/56816172550346895dd0fd49/html5/thumbnails/5.jpg)
Form of cost-benefit analysis Designed to measure change Uses approximations to go beyond price Can be forecast or evaluative
1. 5 core questions2. 7 stages3. 7 principles
Social Return on Investment
![Page 6: Social Return on Investment: An Introduction](https://reader036.fdocuments.us/reader036/viewer/2022062301/56816172550346895dd0fd49/html5/thumbnails/6.jpg)
Example 1 Music : SROI of Silver Linings
![Page 7: Social Return on Investment: An Introduction](https://reader036.fdocuments.us/reader036/viewer/2022062301/56816172550346895dd0fd49/html5/thumbnails/7.jpg)
1. Who changes?2. How do they change?3. How do we measure that change?4. What is its worth?5. What would have happened anyway
or has happened but was not intended?
5 Questions
![Page 8: Social Return on Investment: An Introduction](https://reader036.fdocuments.us/reader036/viewer/2022062301/56816172550346895dd0fd49/html5/thumbnails/8.jpg)
Example 2 :Museum
I’m happy, happy, happy! Karen
![Page 9: Social Return on Investment: An Introduction](https://reader036.fdocuments.us/reader036/viewer/2022062301/56816172550346895dd0fd49/html5/thumbnails/9.jpg)
1. Set the scope2. Identify the outcomes3. Establish the indicators4. Value the change5. Understand the impact6. Model7. Report
7 Stages
![Page 10: Social Return on Investment: An Introduction](https://reader036.fdocuments.us/reader036/viewer/2022062301/56816172550346895dd0fd49/html5/thumbnails/10.jpg)
1. Involve stakeholders2. Understand the change3. Value things that matter4. Only include what is material5. Don’t over claim6. Be transparent7. Verify!
7 Principles
![Page 11: Social Return on Investment: An Introduction](https://reader036.fdocuments.us/reader036/viewer/2022062301/56816172550346895dd0fd49/html5/thumbnails/11.jpg)
Example 3 Sport : SROI of Extra Time
![Page 12: Social Return on Investment: An Introduction](https://reader036.fdocuments.us/reader036/viewer/2022062301/56816172550346895dd0fd49/html5/thumbnails/12.jpg)
Further Information & Training
Judith BarkerInspiring Partnerships
[email protected]: 01525 861361 M: 07960
224568