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Social Return on Investment: An Introduction

Social Return on Investment: An Introduction. Judith Barker – Culture First Matrix Associate – 11 July 2013. Its all about measuring CHANGE. What is social value?. Why is it used?. Social Return on Investment. Form of cost-benefit analysis Designed to measure change

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Social Return on Investment: An Introduction

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  1. Social Return on Investment: An Introduction Judith Barker – Culture First Matrix Associate – 11 July 2013

  2. Its all about measuring CHANGE

  3. What is social value?

  4. Why is it used?

  5. Social Return on Investment • Form of cost-benefit analysis • Designed to measure change • Uses approximations to go beyond price • Can be forecast or evaluative • 5 core questions • 7 stages • 7 principles

  6. Example 1 Music : SROI of Silver Linings

  7. 5 Questions • Who changes? • How do they change? • How do we measure that change? • What is its worth? • What would have happened anyway or has happened but was not intended?

  8. Example 2 :Museum I’m happy, happy, happy! Karen

  9. 7 Stages • Set the scope • Identify the outcomes • Establish the indicators • Value the change • Understand the impact • Model • Report

  10. 7 Principles • Involve stakeholders • Understand the change • Value things that matter • Only include what is material • Don’t over claim • Be transparent • Verify!

  11. Example 3 Sport : SROI of Extra Time

  12. Further Information & Training Judith Barker Inspiring Partnerships judith@inspiringpartnerships.co.uk T: 01525 861361 M: 07960 224568

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