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Measuring the unmeasurable - the value of SROI

SROI (Social Return on Investment) is a framework for measuring the economic, social and environmental value of the outcomes of an organisation, project or activity. It allows us to map social value creation, and to communicate the ‘story’ of how our activities make an impact and lead to change. This introductory briefing will be led by Karl Leathem, an experienced SROI consultant, and William Butler, an experience and innovative voluntary sector leader.

Measuring the unmeasurable - the value of SROI
Location: 

NICVA,
61 Duncairn Gardens,
Belfast,
BT15 2GB

NICVA logo
Start: 
25 May 2012 - 10:00am
End: 
25 May 2012 - 4:00pm
Cost: 
£100 members, £130 non-members

How often do you feel that the value of what your organisation creates goes far beyond what can be represented in money terms, but frustrated that financial criteria are often the only ones that seem to count?

Do you wish that you had a language to articulate a wider concept of value, than what the ‘market’ identifies as important, but that doesn’t capture the full impact of your organisations work?

Do you believe that you ‘price’ your work for those who commission your services but that you provide additional value that exceeds price?

Do you believe that any evaluation of our actions, activities and the way we work with others will be incomplete if it is not tracked, considered, measured and accounted for in a more comprehensive way - and across the full range of stakeholders who experience change as a result of our activities?

If you answered ‘Yes’ to any of these questions, then you need to find out more about Social Return on Investment (SROI). SROI is a framework for measuring the economic, social and environmental value of the outcomes of an organisation, project or activity. It enables us to map social value creation, and to communicate the ‘story’ of how our activities make an impact and lead to change for identified organisational stakeholders.

SROI is becoming more widely known and used throughout the UK; it is supported by the Government’s Office for Civil Society and it’s practice development and quality assurance is led by The SROI Network, an international membership organisation representative of the SROI community which includes, practitioners, organisations, projects, social investors, commissioners, researchers and academics from a range of sectors.

An Introductory SROI Briefing and Training Day will be held at NICVA on 25 May 2012 from 10.00am-4.00pm. The cost to members is £100 and non-members £130 and will include lunch and interaction with two of the most experienced SROI consultants to be found.

Karl Leathem has produced a considerable proportion of the early pioneering SROI analyses in the UK. Karl is a founder director of the SROI Network and a fully accredited SROI practitioner who has contributed as a speaker on the practical application of SROI at International conferences.

William Butler is a management and SROI consultant with particular expertise in stakeholder engagement design, organisational embedding of SROI principles, and the application of SROI analysis to future programme design and change management.

For voluntary and community sector organisations will focus on the relevance of SROI as a useful framework for understanding how, in a challenging economic environment, you can capture and communicate organisational ‘value’ and evaluate what changes you may need to make to increase value creation for your important stakeholders.

It will explore how aims and mission can be continually refreshed through understanding resource inputs, how these affect our activities, and how outcomes and impact evaluation can provide powerful messages to influence internal and external stakeholders including funders.

The day will cover:

  • What is SROI and how is it used?
  • It’s underpinning Principles and the Stages of an analysis
  • Tools to define the outcomes of your activities
  • Methods of valuation and arriving at impact values
  • Explanation and uses of Impact Mapping
  • How SROI can be used in your situation and links to considerations about organisational change.

Further information

For more information about this training please contact at roisin [dot] kelly [at] nicva [dot] org or call 028 9087 7777.

Cancellation fee

If you wish to cancel your place at this event you must inform at roisin [dot] kelly [at] nicva [dot] org by email five working days in advance of the event date. If you inform us less than five working days or not at all and do not attend you will be invoiced for the full cost of the event.

Getting here and Parking

NICVA has a number of free parking spaces available for those attending events. Unfortunately these can't be reserved and are available on a first come basis. NICVA's spaces are clearly marked and we would ask that visitors only use spaces allocated to NICVA when attending an event.

Parking is also available on Duncairn Gardens and surrounding areas within close walking distance. NICVA is also a short walk from Yorkgate Train Station and you can easily catch a bus from the city centre (no 1D) direct to Duncairn Gardens, or (no 61 and 64) to Cityside Centre (a few minutes walk).

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