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It’s All About Me: Ingredients for success. July 2014. Identify the issue Area needs Identify outcomes. Provider-led development. Management Finance Risk Partners Documentation and structures. Services Resources Markets Behaviours in delivery chain. Relevant outcomes
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Identify the issue • Area needs • Identify outcomes Provider-led development • Management • Finance • Risk • Partners • Documentation and structures • Services • Resources • Markets • Behaviours in delivery chain • Relevant outcomes • Informed outputs as proxies • Think: incentives and behaviours
Think again: what’s a social impact bond ? • A contract for delivering services • Deliberately creating social outcomes – changes in the lives – of individuals or communities • Generally paid-for on the basis of • success in delivering those outcomes, or • delivering other value • With its own embedded way of financing its work up-front
IAAM……in a nutshell…… • Creating a new, alternative, UK-wide, virtual “market” • In which • adoption works differently • Local Authorities can choose if, when, and how • …..on a child-by-child basis • adoption support pre-, during and post-placement is built in • Local Authorities pay by results, out of savings they’ve already made.
Provider-led development • Identify the issue • Area needs • Identify outcomes
IAAM - What’s the issue ? • Not enough parents • Increasing numbers of children on NAR seeking adoption • As many as 80% don’t find places • Parenting them therapeutically to meet their needs: • Attachment • Development • Beliefs • Trauma
Provider-led development • Services • Resources • Markets • Behaviours in delivery chain
What’s the solution ? • More parents • Sourced UK-wide • Willing to take harder to place children • Therapeutically trained • With funded appropriate support • With LAs still able to decide when it’s needed