Praise indeed!
How to keep up to date with news. innovations and events in care – my online roladex system!
Such a great interview with Dominic Campbell inspirational founder of Future Gov that we did not want to edit it but decided to give it to you in two parts!
And because it was so good a reminder of our interview with Paul Taylor Innovation Coach at Bromford!
On the 24th January I am be chairing a debate about the Challenge of Measuring Social Impact at Hub Westminster. If you wish to contribute to the debate online please use the hashtag #hubmsi.
There has been a lot of discussion and numerous reports written about the value of measuring social impact alongside many challenges about understanding the relevance and influence of social impact. According to New Philanthropy Capital 75% of charities measure some or all of their work, and nearly three-quarters have invested more in measuring results over the last five years.
Providing evidence of your organisation’s social impact has become increasingly important. Most charities cite requirements from outside funders as the key driver for measuring impact, as well as the wish to tell stakeholders about the social value they generate. The public sector and charities are inextricably linked and a number of social enterprises are reliant on public funding either through contracts or grants.
Complex social problems require a collaborative approach across many sectors. Being able to demonstrate your social impact and social value are essential to maintain public and political support in these challenging times. I invited people on Twitter to submit their one big question about social impact and received the following responses:
https://twitter.com/andrewspong/status/294035922201243648
https://twitter.com/andrewspong/status/294037035646341120
https://twitter.com/freshvoice/status/293308639899443202
Panelists have contributed their thoughts in advance of the debate Social Impact Assessment in India @pathik10
How do I measure social impact? My answer @Brownsdon
Challenging thoughts about measuring social impact @davidsocialsp
“Is it useful for social impact to measured using systems – such as SROI – that attempt to put cash figures on the social impact generated by particularly activities?”
“What role does social impact measurement play in the overall battle for resources? Should resources be targetted at generating the greatest possible volume of positive social impact – if we were in the position to agree on what that meant – or are certain types of positive social impact a higher priority than others?”
Evaluation on the (Cognitive and Digital) Edge Keiron Kirkland Nominet Trust
Measurement a force for good? Daniel Robinson Nominet Trust (mentions two measurement tools)
Social Impact Investing Will Be the New Venture Capital – but how do you measure it? Big Society Capital
Making an Impact New Philanthropy Capital
Evidence Standards for Impact Investment Nesta Impact Investment Fund
A Guide to Social Return on Investment The SROI Network
‘Measuring Up’ a new pilot self-assessment tool to improve planning, monitoring and evaluation Charity Evaluation Services
Measuring and Demonstrating Impact Guardian Social Enterprise Network (December 2012)
In case you don’t understand social impact tech terms I recommend reading Jargonbuster from @CESonline
Quantifying social costs in financial terms has always been a point of contention, and there is also a debate about whether the social sector needs to agree a common standard for measuring social impact. Do share your favourite assessment tools and recommend your favourite reading and resources.
Posted in Social Impact, Uncategorized
Tagged evaluation, Social Impact, social investment, social value
On the 24th January I will be chairing a debate about the Challenge of Measuring Social Impact at Hub Westminster.
There has been a lot of discussion and numerous reports written about the value of measuring social impact but alongside this are many challenges. What is social impact, how can it be measured and does it influence funding decisions? If the major funders worked more collaboratively would this help small organisations with limited resources be more successful in funding applications? Controversially whilst the focus has been on charities and social enterprises demonstrating their social impact should all publicly funded bodies including central and local government and universities be required to show how their activities are adding social value?
Social investors state that measuring the impact of the products or services is just as important as increasing the capacity of an organisation to actually deliver the product or service, but what does this mean in practice?
How are organisations developing the evidence that a particular product or service is having a positive impact, to ensure that what is being funded is making a difference?
This debate invites a range of speakers involved with social impact to contribute a 5 – 10 minute presentation followed by an open debate with the audience. We are encouraging all of the panelists to post their thoughts and share good resources before the debate.
Panelists
Indy Johar is an architect and co-founding director of 00:/, Hub Westminster and most recently the A-Fund. His current work is focused on practially prototyping & designing the new economics of place and 21st Century institutions. Indy was a founding Director of the global Hub Association and co-founder of Hub Westminster. He is an associate of the think-tank Demos and a fellow of Respublica. Indy is a co-author of the ‘Compendium for the Civic Economy’. He has written for many national and international journals on the future of design, social venturing and practice. @indy_johar
Pathik Pathak is Director of Social Enterprise Research Network at the University of Southampton. He is a Fellow of the Royal Society of Arts and a regular commentator on social economy both in the UK and India for The Guardian, The Hindustan Times and the Times of India. Prior to his appointment at Southampton he ran a successful social enterprise in Mumbai. He is currently working on a research project on social impact assessment among early stage social entrepreneurs. @pathik10
Sam Matthews is Acting Chief Executive Charity Evaluation Services
For over 10 years she has been the organisation’s senior expert advisor on quality management in the third sector. She is a co-author of the PQASSO quality standards used by over 14,000 organisations within the UK and abroad. PQASSO now offers a nationally recognised external accreditation award. Sam has worked with a wide variety of organisations to develop quality management practice, and is the author of a number of bespoke quality standards and assessment tools. @CESonline
David Floyd is Managing Director of Social Spider CIC, a small social enterprise based in Walthamstow, East London. He writes the leading enterprise blog, Beanbags and Bullshit -http://beanbagsandbullsh1t.com/ – and also writes the ‘Mythbuster’ column for The Guardian’s Social Enterprise Network. David is a trustee of Voluntary Action Waltham Forest and Urban Forum, and a fellow of the RSA and the School for Social Entrepreneurs. He is a member of the governing council of Social Enterprise UK. @davidsocialsp
Joe Ludlow is Impact Investment Director at Nesta. He joined Nesta in 2010 to lead its work on social venturing and investment, and launched Nesta Impact Investments a £25m early stage investment fund for social ventures in October 2012. Nesta Impact Investments has a particular focus on the use of evidence in assessing the impact of ventures. Joe has been active in impact investment since 2005, previously working at CAF Venturesome. @joeludlow
I want to involve a wider audience in exploring the issues around implementing social impact measures. Please feel free to share your questions for the panel and useful resources using the Twitter hashtag #hubmsi
Posted in Disruptive Social Care, Social Impact
Tagged Social Impact, social innovation, social value
bonklesoul
Ermy
shirleyayres
Connecting Social Care and Social Media 