Measuring Outcomes Using the Social Value Principles. Particularly for products and services that are designed to address social and environmental problems, it is important for companies to identify ways to measure the actual outcomes, or results, of the products or services. This guide provides an overview of the “Principles of Social Value” and how they can be used to measure and manage the impact of your work.
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Books and Guides
EVPA’s guidance for impact management and Social Value International’s (SVI) Principles are in many ways interlinked. This document shows EVPA and SVI’s position on impact measurement and management.
사회적 가치의 일곱가지 원칙은 사회적 가치에 대한 책임 및 이의 측정과 관리를 위한 원칙 기반 틀이라 할 수 있다. 이 원칙들은 2009년에 처음 개발되었으며 SROI와 사회적 영향 분석가 협회(Social Impact Analysts Association)의 합병 이후 2015년에 개정되었다. 본 보고서는 이러한 원칙을 뒷받침하고 있는 생각에 대한 설명이다.
사회적 가치란 이해관계자들이 삶의 변화를 거치면서 겪게 되는 가치이다. 그 중 시장 가격으로 표현 가능한 가치들은 일부에 불과하다.
사회적 가치의 원칙들은 가치에 대한 이러한 폭넓은 정의를 수용하여 의사결정 과정에서 평등, 복지 그리고 환경의 지속가능성을 높이고 싶은 모든 사람들에게 기본 구성 요소를 제공한다. 사회적 가치의 원칙은 일반적으로 사회적 회계 원칙으로 간주된다.
The results of the 2016 Social Value International survey on the understanding and use of the Social Value Principles.
Вдъхновяващо въздействие: Кодекс на добрите практики за въздействие
Кодексът на добри практики на въздействие е създаден в процес на широка обществена консултация и с участието на работна трупа от 17 организации (списъкът е приложен). Той беше публикуван от NCVO като част от програма Вдъхновяващо въздействие.
Вдъхновяващо въздействие е програма, чиято цел е да промени начина, по който доброволческият сектор в Обединеното кралство мисли за въздействието и да направи висококачественото измерване на въздействието норма за благотворителни организации и социални предприятия до 2022 година.
В продължение на десетилетие участниците в програмата работят за постигането на пет
основни цели в пет теми, които отговарят на основни за сектора въпроси:
Какво е добра практика за въздействие?
Как знаем какво трябва да измерваме?
Как го измерваме?
Как можем да се сравняваме и как да се учим от другите?
Седемте принципа на социалната стойност:
Социалната стойност е стойността, която реално получават заинтересованите страни във вид на промени в своя живот. Принципите на социалната стойност са основни градивни елементи в работата на хората, които взимат решения в широки сфери като постигане на равенство, подобряване на благосъстоянието и запазване на околната среда. Това са общоприети принципи за социално отчитане.
If you already know what difference you make – and you can prove it, this guide is not for you. And if you are an experienced evaluator with an understanding of cost-benefit analysis, you will find it too basic. (Have a look at the SROI Network’s “Guide to Social Return on Investment” instead). But if you want to understand more about how your organisation makes an impact – and how much this matters – then read on.
This supplement highlights some of the issues around the links between SROI and commissioning policy.
This supplement explains how SROI can be used by investors if they want to integrate SROI approaches into investment decisions.
Supplementary Guidance document that accompanies “A Guide to Social Return on Investment (2012) and focuses on Principle 2. Within the context of all of the Principles of Social Value, “understand what changes” is pivotal. It is so closely intertwined with many of the other principles that it is essential it is applied well. The aim of the guidance is to help you know how to collect the information you need about ‘changes’ and how to analyse this information in order to produce a set of well-defined outcomes. This guidance is essential for anyone looking to maximise value and increase well-being, equality, and environmental stability.
The purpose of stakeholder involvement is to reduce the risk that an analysis of change arising from an organisations activities misstates the change. The principle says that involvement is required to ‘inform what gets measured and how this is measured and valued by involving stakeholders. The focus of this supplement is on involvement in general and not on the specifics of what is measured, or how it is measured or valued.
This supplement expands the guidance in relation to determining materiality in SROI analyses that would be made public.
A blank, Excel template of the impact map to help calculate social value.
2012 edition of the Guide to Social Return on Investment
Social Value UK provide assurance on behalf of Social Value International that tests reports for a good understanding and application of Social Value Principles and process.
The criteria set out in this document can be applied to any social value/impact report. However, to assure an SROI report, Principle 3 “Value the things that matter” requires the use of financial proxies.
The Principles of Social Value provide the basic building blocks for anyone who wants to make decisions that take a wider definition of value into account, in order to increase equality, improve wellbeing and increase environmental sustainability.
O Inspiring Impact é um programa que visa alterar até 2022 a forma como o setor voluntário no Reino Unido se posiciona sobre esta temática, estabelecendo a medição de impacto de alta qualidade como uma norma para organizações e empresas sociais. Durante a próxima década, vamos trabalhar em função de cinco objetivos chave, integrados em cinco temas, procurando responder a cinco perguntas cruciais para o setor:
Em que consiste uma boa prática de impacto?
Como é que sabemos o que temos de medir?
Como podemos medir o impacto?
Como podemos estabelecer comparações e aprender com outros?
Qual é o papel dos financiadores?
O Código de Boas Práticas de Impacto foi desenvolvido a partir de uma consulta pública a todo o setor e do contributo de um grupo de trabalho composto por 17 organizações (verlista em Anexo). Foi roduzido pelo NCVO, membro do Inspiring Impact. O Inspiring Impact é um programa que visa alterar até 2022 a forma como o setor voluntário no Reino Unido se posiciona sobre esta temática estabelecendo a edição de impacto de alta qualidade como uma norma para organizações e empresas sociais.
Durante a próxima década, vamos trabalhar em direção a cinco objetivos chave, integrados em cinco temas, procurando responder a cinco perguntas cruciais para o setor:
• Em que consiste uma boa prática de impacto?
• Como é que sabemos o que temos de medir?
• Como podemos medir o impacto?
• Como podemos estabelecer comparações e aprender com outros?
• Qual é o papel dos financiadores?
The Seven Principles of Social Value, and why they are important for accountability and maximising social value
The Seven Principles of Social Value are a principle based framework for accounting for, measuring and managing social value.
The Principles were originally developed in 2009 and were updated in 2015 following the merger of the SROI Network and the Social Impact Analysts Association. This report explains the thinking that underpins these Principles.
This handbook was written by Jaan Aps, of the Estonian Social Enterprise Network, with the help of the Erasmus+ program. It covers steps for developing a theory of change and how to use stories to test this theory.
This Introduction to Social Finance edited by the Sodalitas Foundation is the first Italian Guide to Social Finance and Social Impact Investment. The guide covers social finance tools available to date from Social Impact Bonds to Microfinance and Microcredit.
This short guide from Daniel Fujiwara of SImetrica provides an introduction to social impact measurement for policy makers and practitioners to help make better investment and policy decisions. The guide covers five key models of social impact measurement, some criticisms of social impact to watch out for, choosing a social impact method and SImetrica’s approach.
Measuring Impact: Guidelines for Good Impact Practice was developed by the Impact Measurement Working Group (IMWG) of the Social Impact Investment Taskforce established by the G8. This work elevates existing best practices and aligns with the European Standard for Social Impact Measurement (developed by GECES). The IMWG was established in June 2013 at the G8 Social Impact Investment Forum in London to develop measurement guidelines for impact investors as well as a vision for impact measurement in the years ahead.
The “Evidence for Success” guide was produced by the KTN and published in August 2014, which was established in 2012 to facilitate and share learning about effective knowledge translation and dissemination activities.
The guide offers easy to follow, step-by-step guidance and resources to support organisations to use evidence to influence policy and practice. It is for anyone who wants to use evidence to improve policy and practice, regardless of the level of experience they have in doing so. Therefore, it is intended that this guide will also be of value to a wide range of stakeholders, including: practitioners, service managers, funders and commissioners, and policy makers and planners.
Social Finance launched the world’s first Social Impact Bond (SIB) in 2010 and the concept has since been adopted globally. This guide provides a snapshot of the global SIB market as of August 2014.
HM Revenue & Customs (HMRC) provides a guides for Social Investment Tax Relief. It includes:
– Guidance for social enterprises
– Guidance for investors
– Get approval if you’re a social enterprise
– How to claim tax relief if you’re an investor
– Form: SITR Compliance Statement
– Policy on Social Investment Tax Relief
This resource provides an overview of different tools and resources, with links to further information, that nef consulting uses for evaluating and assessing impact. These include:
– Social Return on Investment (SROI)
– Multi-Criteria Appraisal (MCA)
– Outcomes Evaluation
– Cost-Effectiveness Analysis (CEA)
– Social Cost-Benefit Analysis (SCBA)
– Social Value Appraisal
– Local Multiplier 3 (LM3)
– Prove and Improve Toolkits
Jargon Buster provides short definitions of technical terms (e.g. outcome, impact, indicator) with links to more detailed explanations and examples.
NPC believes in impact measurement as a way for charities and funders to increase their effectiveness. It helps organisations improve what they do and deliver the best results for their beneficiaries. NPC’s four pillar approach by Anne Kazimirski and David Pritchard provides clear and practical guidance on developing an impact measurement framework.
Private Capital, Public Good: How smart federal policy can galvanize impact investing – and why it’s urgent
This report, Private Capital, Public Good: How Smart Federal Policy Can Galvanize Impact Investing – and Why It’s Urgent (June 2014), by the US National Advisory Board on Impact Investing (NAB) provides a framework for federal policy action in support of impact investing. Simply put, impact investing generates measurable, beneficial social or environmental impacts alongside financial returns. The proposals in this report—some near-term and concrete, others longer-term and more ambitious—have the power to unlock dramatic economic activity and immense positive impact. Ultimately, they may serve as a catalyst to help change the way investors think about long-term risks and returns.
The Difference is a magazine that launched by Simon McKeon in 2011. The Difference is used as a strategy for organising fundraising and corporate sponsorship for charities that work in the areas of disadvantage covered in the publication.
Perspectives is the thought-leadership magazine from nef consulting, published twice a year. Each issue has a main theme but in future issues articles from across nef consulting’s work and interviews with experts will be included. Issue 1: May 2013, Brains, Behaviour and Better Organisations and Issue 2: December 2013, The Value of Money: Challenging the Preconception.
This resource from the National Collaborating Centre for Methods and Tools (NCCMT) provides information about evidence-informed public health.
Understanding the difference between outputs and outcomes is important. Outputs relate to “what we do.” Outcomes refer to “what difference is there.”
Since 2007, Social Ventures Australia (SVA) Consulting has completed over 400 projects with over 200 organisations across employment, education, community services, health and indigenous affairs. The SVA Consulting Quarterly brings together what they have learned from their work and the insights they have gained in new practices, novel methodologies and fresh wisdom.
Measuring the Social Impact of Community Investment: A Guide to using the Wellbeing Valuation approach
This report by Lizzie Trotter, Jim Vine, Matt Leach and Daniel Fujiwara from HACT, produced in conjunction with Value Calculator, places robust values on the social impact of community investment activities. It includes values as well as practical guidance on how to apply them to achieve a basic assessment of social value using the Well-being Valuation approach.
This paper, by Daniel Fujiwara for HACT, sets out the methodology and analytical approach underlying the work on community investment and social value. The paper explains the Well-being Valuation approach, provides details of the datasets that the analysis draws on, describes the statistical method in technical detail, and introduces the broader theory behind social impact.
Published in March 2014, this detailed guidance covers:
-What is social value?
-What is covered by the Public Services (Social Value) Act 2012
-Requirements on local authorities
-How voluntary organisations can demonstrate social value
-How the Compact and social value relate to each other
The briefing is intended to be easy to understand and provides a number of practical case studies and practical actions to take.
This is an except from Measuring and Improving Social Impacts: A Guide for nonprofits, companies, and impact investors by Marc J. Epstein and Kristi Yuthas. All organisations have social impacts: some are positive and some negative. Measuring and Improving Social Impacts is about how you can learn to make decisions that will improve the positive social impact of companies, foundations, nonprofits, and impact investors.
This book addresses the five most fundamental questions faced by companies, and nonprofits, and investors seeking to maximise their social impact:
– What Will You Invest?
– What Problem Will You Address?
– What Steps Will You Take?
– How Will You Measure Success?
– How Can You Increase Impact?
Proposed Approaches to Social Impact Measurement in European Commission Legislation and in Practice Relating to: EuSEFs and the EaSI
This report from the GECES Sub-group on Impact Measurement features the standard to allow social enterprises of all sizes to better measure and demonstrate their social impact and so help them in their discussions with partners, investors, and public sector funders.
The Social Investment Roadmap from the Cabinet Office UK sets out the steps that the UK government is taking to ensure that there are the right conditions for social enterprises to thrive in the UK through tax relief.
Fundamentals of Modern Philanthropy provides new perspectives on the broad variety of impacts that
charitable foundations can make, by both applying and acquiring funds.
This document from PwC in the Netherlands provides information for social entrepreneurs on how to turn your ambition to have a positive impact on the world into a business case and offers four guiding principles on what ‘social’ investors want.
This document by The SIB Group and The Good Analyst is aimed at helping organisations that are looking to develop their own social impact measurement and reporting. It draws on a wide body of existing research to set out the fundamentals of measuring impact and working with results. It takes a non-prescriptive approach, as they believe that the first requirement of any impact measurement system is that it is of greatest use to you. Rather than telling you what you have to measure, the guidelines lay down an explicit framework as to how your ideas, your activities, and the things that matter most to you can be assembled into a coherent system for impact measurement and reporting.
Making Sense of Data and Information in the Social Sector, from Markets for Good, is a collection of selected readings from the previous year with ideas about how to upgrade the system for sharing knowledge in the social sector. The b-Book provides a range of perspectives on the most critical data-related challenges facing the social sector, and how these challenges can be addressed. Posts were chosen for their high readership, topic diversity, and thought leadership. The authors debate new and recurring hurdles in the social sector, like capacity and capital constraints; how qualitative data, including stories and beneficiary insights, can be incorporated into data-driven decision processes; and big-, medium-, and small-data management.
L’Avise, l’ESSEC IIES et le Mouves ont publié un petit précis de l’évaluation de l’impact social.
Cette publication est le fruit de travaux collectifs de près de 20 structures rassemblées autour d’une même volonté : proposer des repères à toute entreprise sociale, association ou structure d’utilité sociale qui souhaite enrichir ses connaissances sur le sujet.
Qu’est-ce que l’évaluation de l’impact social ? A quoi et à qui sert-elle ? Comment la mettre en œuvre ? Quels exemples concrets ? Ce petit précis apporte des éléments de réponse et donne des repères indispensables pour évaluer l’impact d’une entreprise sociale.
Theory of Change is nothing new. It is not just a donor fad or yet another hoop to jump through. It is an ongoing process of reflection to explore change and how it happens in our context. Yet it can provide a very powerful learning lens which makes us ask ourselves and others simple but important questions about what we are doing and why. By focussing attention on the lasting changes we aim to bring, and reflecting on what really contributes to those kinds of changes, it can help us step out of ‘project activity’ mode, question our assumptions, and focus on what really matters. It enables us to learn from others, build a common understanding of our work and develop clarity in our strategies and partnerships. It provides a clear framework for learning, monitoring and evaluation.
So many people in the development world are talking about ‘Theory of Change’ but many are confused as to what it really means. This guide from INTRAC, written for small and diaspora organisations as part of the Common Ground Initiative Peer Learning Programme, therefore aims to demystify theory of change and highlights a few useful resources for further exploration.
This report by John Copps and Dawn Plimmer for Inspiring Impact addresses the issue of youth unemployment. It helps organisations that work with young people understand and measure the impact they have on the journey to employment.
It features the Journey to EmploymenT (JET) framework.
The Practical Guide is a resource that distills best practice in impact measurement into five easy-to-understand steps and provides practical tips and recommendations for how to implement impact measurement at the level of the social investor and in the social sector organisations that they support.
The Good Investor, authored by Adrian Hornsby and Gabi Blumberg, is a guide for investors who make investments into companies, organisations and funds to generate measurable social and environmental impact. This guide is structured around incorporating impact assessment into the various stages of the investment process, progressing from the investors’ initial exposure to investment opportunities, through the screening and analysis, and onto making investment decisions, monitoring and evaluating, and reporting on the impact achieved.
These documents explain the relationship between Social Return on Investment (SROI) and 1) Social Accounting and Audit (SAA), 2) GIIRS Ratings & Analytics (“GIIRS” stands for the Global Impact Investing Ratings System) a comprehensive, comparable, and transparent system for assessing the social and environmental impact of companies and funds with a ratings and analytics approach analogous to Morningstar investment rankings, and 3) IRIS (Impact Reporting and Investment Standards) standardized performance indicators to help an organization understand its impact in a credible and comparable way.
In Working Hard—and Working Well, Dr. David E.K. Hunter shares the secret formula behind the intensive, tough-love workshops that have sparked transformation for many of the country’s top nonprofit organizations. The book is highly relevant for:
– Nonprofit leaders who know that guesswork is not enough when lives are on the line
– Board members and advisors who are brave enough to ensure that their organizations do what they say they do
– Consultants who want to help nonprofits develop performance cultures and systems
– Funders who demand performance from their grantees–and are willing to invest in it!
This resource from Social Finance UK provides information on their experience in developing SIBs. This tool acts as a template for developing approaches to move more resource into prevention work. The report focuses on Children Services although will be useful for other local authority services areas where there is potential for significant social impact.
Social Finance is committed to providing a range of support for those interested in developing SIB proposals. This could range from full engagement through a detailed feasibility study of a particular intervention or issue area to help with specific parts of the SIB development process (see below for further details of this process). We are aiming to provide a set of tools to help minimise the costs of developing these products and we hope that this guide – which is intended to be freely available – is a useful start point.
Impact Measurement: An introductory guide for Irish social enterprises and charities on using Logic Model, Theory of Change and Social Return on Investment (SROI) to measure impact
This guide from Quality Matters provides an introduction to three commonly used methods for planning impact measurement for social service organisations: Logic Model, Theory of Change and Social Return on Investment (SROI). The aim of the guide is to provide readers with sufficient information to understand these models and select one that will most suit the needs of their organisation.
‘Measuring and managing total impact: A new language for business decisions’ from PwC explores why business needs total impact measurement, how to do it and the benefits of embedding it into decision making. PwC showcase ‘Total Impact Measurement & Management’, the framework developed with clients to provide the total perspective on business impact.
Corporate Procurement has developed a Corporate Strategy for Commissioning and Procurement, supported by a Sustainable Commissioning and Procurement Policy. These aim to ensure that they carry out all commissioning and procurement activities collaboratively and in an economic, environmental and socially responsible manner on behalf of Durham County Council and its key stakeholders, whilst making sustainable purchasing decisions that promote the long-term interests of the communities
Procurement Policy Note – The Public Services (Social Value) Act 2012: Advice for commissioners and procurers
The Public Services (Social Value) Act came into force on 31 January 2013. This Procurement Policy Note (PPN) from the UK Cabinet Office and the Efficiency and Reform Group gives guidance supporting the Public Services (Social Value) Act 2012.
HM Treasury guidance on what to consider when designing an evaluation.
This short handbook by Juliet Michaelson on measuring well-being is produced by the Centre for Well-being at nef (the new economics foundation) with input from nef consulting. It is designed primarily for voluntary organisations and community groups delivering projects and services, to help them kick-start the process of measuring well-being outcomes.
The Public Services (Social Value) Act came into force on 31 January 2013. This briefing from the National Housing Association by Sara Cunningham outlines the Public Services (Social Value) Act 2012 and examines what the new legislative requirement mean for housing associations’ procurement and tendering processes. It also explains the options that housing associations have if they wish to analyse the social value of their own activities and how this may help in securing contracts with local authorities or other public bodies.
For housing associations the Act applies in two important and distinct respects:
– Housing associations are bound by the requirements of the legislation when procuring a service.
– Housing associations must be prepared to define the social and economic value and impact of the services they offer when tendering for a service from a local authority or another relevant body.
Evaluation has the ability to provide a wealth of information for grantmakers, as well as the organizations and communities they serve, to learn from. When done well, evaluation increases the capacity and improves performance of grantees. GEO provides funders with best practices to incorporate evaluation into their grantmaking through “four essentials:” Lead, Plan, Organize and Share.
This literature review by Ingrid Burkett, Knode explores the potential for a new approach to investment that focuses on revitalising communities, creating jobs and building economic opportunity. Similar approaches have been used widely in the US and the UK. Investors ranging from banks and superannuation funds to foundations and individuals have invested in funds that are creating quality jobs and economic opportunities in underserved and under-invested communities and generating a viable financial return. The thesis of this work is that similar funds could also provide new opportunities for investment and community regeneration in Australia.
This presentation from the British Council demonstrates how they evaluate impact. It includes indicators, a logic model and examples of data collection.
This paper by Angela Kail and Tris Lumley from NPC explores what is a Theory of Change and how it can be used for strategy, evaluation and understanding outcomes.
This is the first in a series of issue briefs from the Center for American Progress that looks at Social Impact Bonds (SIB) and their value to government agencies. Subsequent pieces will focus on getting the SIB agreement right; models for SIBs and their long-term potential; defining and measuring outcomes for SIBs; and appropriate roles for government agencies in the SIB process.
In this paper from the UK Department for Work and Pensions Social Justice is defined and a new set of principles that inform their approach are described:
1. A focus on prevention and early intervention
2. Where problems arise, concentrating interventions on recovery and independence, not maintenance
3. Promoting work for those who can as the most sustainable route out of poverty, while offering unconditional support to those who are severely disabled and cannot work
4. Recognising that the most effective solutions will often be designed and delivered at a local level
5. Ensuring that interventions provide a fair deal for the taxpayer
The Public Services (Social Value Act) was passed at the end of February 2012. This is a brief guide from Social Enterprise UK to how it is likely to change things and how it should work in practice.
This “Guide to Commissioning for Value” was written by Social Value UK (formerly the SROI Network) for the Local Government Association (LGA) as part of the National Programme for Third Sector Commissioning.
The stories charities and social enterprises tell about the difference they make can engage, inform and inspire stakeholders. Clearly communicating the impact of your work is important. This document, developed for the sector, by the sector, offers a guide to help you think about how you should communicate your impact, and what you should communicate. This document sets out principles of good impact reporting, to help charities and social enterprises tell their own story about impact.
By using these principles to demonstrate their impact, charities and social enterprises can have a strong influence on how they are perceived. They can help to shift the prevailing focus away from concerns about administration costs or chief executives’ salaries, and towards what really matters: the difference they make in people’s lives.
New statutory guidance on the Best Value Duty from the Department for Communities and Local Government sets out some reasonable expectations of the way authorities should work with voluntary and community groups and small businesses when facing difficult funding decisions. It falls under the policy of “Making local councils more transparent and accountable to local people”.
In Happiness: Lessons from a new science Richard Layard demonstrates the paradox at the heart of our lives: Most people want more income, yet as societies become richer, they do not become happier. Scientific research shows this to be true. There are now sophisticated ways of measuring how happy people are, and evidence shows that on average people have grown no happier in the last fifty years, even as average incomes have more than doubled. This book is considered to be a leading resources in the field of “happiness studies”.
This CAF Venturesome handbook provides a roadmap for both policy-makers and impact investors for catalysing a robust social investment market, drawing lessons from 30 years of microfinance industry development.
Understanding Evidence Part 1: Best Available Research Evidence – A Guide to the Continuum of Evidence of Effectiveness
This is a guide to the Continuum of Evidence of Effectiveness from the United States Centers for Disease Control and Prevention; a continuum that defines the standards of Best Available Research Evidence in the field of violence prevention and provides information for decision makers in this field on these standards.
This guide written by Alan Kay from the Social Audit Network includes reference to the range of frameworks and methods developed to help organisations explain and account for their performance and impact. It is a “roadmap” to the social accounting and audit process and has been written for social enterprises, social economy organisations and voluntary sector organisations that wish to regularly account and report on their social, economic and environmental performance and impact.
Leap of Reason inspires leaders in the social and public sectors to take bold action to create more meaningful, measurable good for those they serve. The book is the product of decades of management insights from philanthropist Mario Morino, McKinsey & Company, and more than a dozen experts and practitioners.
The Little Blue Book, by Belinda Vernon and John Copps is NPC’s concise and practical guide to analysing charities, for charities and funders. The guide contains examples of how charities and funders benefit from analysis, and explains NPC’s charity analysis framework, which looks at how charities can assess their effectiveness in six areas:
– Activities: Do the charity’s activities address a genuine need?
– Results: Can it demonstrate results of what it has achieved?
– Leadership: Do trustees and management provide high quality leadership?
– People and resources: Does it use staff, volunteers and resources well?
– Finances: Are the finances sound?
– Ambition: Is it ambitious to solve social problems?
This brief document by the International Association for Impact Assessment (IAIA) deﬁnes the role and value of impact assessment (IA), including all disciplines, and explains how IA relates to decision-making. It is written for technical people unfamiliar with IA, for decision makers on the fringes of IA, and for people new to this ﬁeld.
This report from The Good Childhood Inquiry was commissioned by The Children’s Society. The report, authored by Richard Layard and Judy Dunn, was the first independent national inquiry into childhood, started in 2006. Evidence was contributed by over 30,000 people, of which 20,000 were children, from polls, research and focus groups. The report includes recommendations from the panel to parents, teachers, the Government, the media and society in general.
Mission, Inc.: The practitioner’s guide to social enterprise, by Kevin Lynch and Julius Walls Jr, is a practical book that focuses on the day-to-day challenges and opportunities faced by social enterprise practitioners, to help create highly successful businesses.
This guide is part of the Cabinet Office and Scottish Government programme to support SROI, including the development of a database of indicators to support SROI analysis. The purpose of this guide is to standardise practice, develop the methodology, and provide more clarity on the use of SROI. It has been written for people who want to measure and analyse the social, environmental and economic value being generated by their activities or by the activities they are funding
Network of Networks for Impact Evaluation (NONIE) is was formed to promote quality impact evaluation. NONIE fosters a program of impact evaluation activities based on a common understanding of the meaning of impact evaluation and approaches to conducting impact evaluation. By sharing methodological approaches and promoting learning by doing on
impact evaluations, NONIE aims to promote the use of this more specific approach by its members within their larger portfolio of evaluations. This guide from the World Bank by Frans Leeuw, Maastricht University, and Jos Vaessen, Maastricht University and University of Antwerp, was developed to support this focus.
Catalog of Approaches to Impact Measurement: Assessing social impact in private ventures Version 1.1
This paper from SVT Group is a catalog of methods for entrepreneurs and investors to define, measure and communicate social impact and return in privately-held companies.
This report convened by Rockefeller Foundation examines the different types of approaches to impact measurement, and how each is applicable to the various perspectives from which impact investors approach investment. The report explores answers to several questions, such as:
• How can investors know whether they are in fact helping or hindering progress toward the goal of an environmentally sustainable, healthy, dignified economy?
• How does a portfolio company’s pursuit of this goal affect risk and financial returns?
• If there is an added cost associated with pursuing this goal, what approach can be used to assess whether it is “worth it”?
The Network of Network on Impact Evaluation (NONIE) seeks to provide guidance for effective, rigorous impact evaluation. Three sub-groups have focused on particular approaches: experimental and quasiexperimental designs; other approaches to rigorous impact evaluation; and approaches suitable for specific types of aid assistance instruments such as Sector-wide Approaches and General Budget Support. This is the first of three sections produced by sub-group 2. This section (Section 1) provides an overview of impact evaluation – its definition and the context for impact evaluation in development. It sets out four different tasks involved in impact evaluation:
• Identifying impacts that are valued;
• Gathering evidence of these impacts
• Assessing the contribution of the intervention to these impacts
• Managing the impact evaluation
It provides an overview of methods and approaches that are useful in undertaking these different tasks and through this improving the rigour of impact evaluation, and provides some illustrations from evaluations that have used these methods and techniques.
This report from the Panel on the Nonprofit Sector convened by Independent Sector outlines 33 practices designed to support board members and staff leaders as they work to improve their operations. We encourage staff and volunteers to examine the Principles carefully and determine how they should be applied to their organization.
The Good Enough Guide helps busy field workers to address these questions. It offers a set of basic guidelines on how to be accountable to local people and measure programme impact in emergency situations. Its ‘good enough’ approach emphasises simple and practical solutions and encourages the user to choose tools that are safe, quick, and easy to implement.
This pocket guide presents some tried and tested methods for putting impact measurement and accountability into practice throughout the life of a project. It is aimed at humanitarian practitioners, project officers and managers with some experience
in the field, and draws on the work of field staff, NGOs, and inter-agency initiatives, including Sphere, ALNAP, HAP International, and People In Aid.
The Good Enough Guide was developed by the Emergency Capacity Building Project (ECB). The ECB is a collaborative effort by CARE International, Catholic Relief Services, the International Rescue Committee, Mercy Corps, Oxfam GB, Save the Children, and World Vision International.
This book from Barry Schwartz addresses a great paradox of modern life: Why is it that societies where individuals are offered more freedom and choice than ever before have higher rates of depression than ever before? Schwartz argues that the abundance of choice in western society today is making us unhappy.
This is the first catalog of methods for the Double Bottom Line Project that for-profit and nonprofit social ventures and enterprises can use to assess the social impact of their activities. It analyses feasibility and credibility of 9 methods and provides examples of them in use:
– Theories of Change
– Balanced Scorecard
– Acumen Fund Scorecard
– Social Return Assessment
– AtKisson Compass Assessment
– Ongoing Assessment of Social Impact
– Social Return on Investment
– Benefit-Cost Analysis
– Poverty and Social Impact Analysis
David Henderson examines the Corporate Social Responsibility (CSR) doctrine, subjecting it to fundamental criticisms. In this controversial text he argues that, far from being harmless, its adoption threatens prosperity in poor countries as well as rich. It is likely to reduce competition and economic freedom and to undermine the market economy.
Opinion and Comment
The results of the 2016 Social Value International survey on the understanding and use of the Social Value Principles.
The results of the 2016 Social Value International survey on the understanding and use of the Social Value Principles.