Social Return on Investment SROI and Commissioning

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Social Return on Investment (SROI) and
Commissioning
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• Jenni Inglis
• SROI UK

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• Social Return on Investment (SROI)
• SROI Commissioning
• SROI UK
• SROI Online

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• The purpose of SROI is to help you achieve
  change
• Change in communities, or in the lives of your
  beneficiaries and end users

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What is the value of the change that you cause
to happen to others that is not YET included
in your accounts?
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Social value really refers to this change So
how do we account for social value?
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• SROI and Commissioning
• Accounting for social value so that it can be
• Considered when budgets are set
• Used to inform commissioning strategy
• Measured in contract relationships

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Organisation
Value created - activities and associated outputs
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Organisation
Value created - activities and associated outputs
What changed as a result of activities
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Buying Organisation
Value sought - activities and associated outputs
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Buying Organisation
Value sought Now includes the change that is
required
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Buyer
Seller
Commissioning change
Not all the change is relevant to this buyer
Not all the required change is available from one
supplier
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The concept

• Short, effective, social accounting, meeting a
  business need
• Helping Social Enterprises to demonstrate their
  value in terms of public sector programmes
• Training, not consultancy or business support
• Integrated with procurement support
• thus Selling added value

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Selling added value

• Linking added value to procurement
• Understanding buyers priorities
• Exploring appropriate indicators
• Strengthening links between Social Enterprises
  and public sector objectives

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A simple IMPACT MAP
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Three types of change

• Desired change
• The stakeholders objectives
• Unexpected but positive
• Other outcomes for that stakeholders
• Unexpected and negative
• Unintended consequences for stakeholders

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Using Social Return in contracts
Output
Outcome
Impact
Contract
Output
Delivery, Capacity, Innovation
Community benefit
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Dept of Health

• Social Enterprise Investment Fund (SEIF)
  application process designed to include SROI
  forecast
• Advisors SROI trained
• SROI being considered for Innovation for Life
  Challenge Fund (ILCF).

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Kerbside

• Recycling social enterprise covering Calderdale
• Used SROI to evidence rhetoric of social impact
• Changed procurement criteria for district wide
  waste collection contract

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Homestart

• Voluntary organisation supporting families with
  young children.
• Used SROI to show how outcomes can be measured
  for NHS and LA
• Influencing Joint Commissioning spec to include
  their outcomes

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Buyer
Seller
Commissioning for change
Outcomes identified and explained by seller in
ways that meet buyers new criteria
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SROI in Commissioningoutcomes at the heart of
strategic planning process
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Closing the gap

• OTS Scottish Government
• both funding development of a standard approach
  to SROI.

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www.SROI-UK.org

• SROI resources case studies
• News and debate
• Directory of Practitioners
• Training and event details

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SROI Training

• Introduction to SROI, 1 day
• Practitioner training, 2 days
• 27th - 28th November, Edinburgh
• At least 10 sessions in 2009

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www.SROIonline.org
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• Jenni Inglis
• SROI UK
• info_at_sroi-uk.org
• 07515252419

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Social Return on Investment (SROI) and
commissioning