{"id":558,"date":"2023-05-24T10:06:56","date_gmt":"2023-05-24T10:06:56","guid":{"rendered":"https:\/\/socialvaluebusiness.com\/?page_id=558"},"modified":"2024-01-19T11:46:55","modified_gmt":"2024-01-19T11:46:55","slug":"impact-measurement","status":"publish","type":"page","link":"https:\/\/socialvaluebusiness.com\/our-services\/impact-measurement\/","title":{"rendered":"Impact Measurement"},"content":{"rendered":"

Impact Measurement<\/h1><\/div>

Being able to explain your impact to funders \u2013 both in monetary and social terms \u2013 is essential. It\u2019s likely they\u2019ll want robust evidence of how your services or products create social impact \u2013 such as wellbeing, carbon reduction or local economic value. This is about gaining competitive advantage \u2013 additional reasons to choose your organisation.<\/p>\n

We\u2019ll work with you to assess where best to focus your efforts for maximum impact, based on evidence gathered from the audiences you serve. We\u2019ll help you arrive at a set of metrics to articulate your impact, together with an overall Social Return on Investment (SROI) figure.<\/p>\n<\/div><\/div><\/div>

\"Impact<\/span><\/div><\/div><\/div>

Framework Design<\/h2><\/div>

With our knowledge of over 12 social value methodologies, we blend approaches to arrive at a framework that allows you to report your social value consistently, year on year.<\/p>\n

This means we\u2019ll help you capture metrics that are meaningful to your business and stakeholders and aligned to recognised approaches.<\/p>\n<\/div><\/div><\/div>

Alignment:<\/strong><\/p>\n

    \n
  • To the National Theme and Outcome Measures (TOMs) for financial\u00a0proxies<\/li>\n
  • To the industry Social Value methodology Social Value on Investment (SROI)\u200b<\/li>\n
  • To local value principles to calculate the retained economic benefit. (Local Multiplier)<\/li>\n
  • To the United Nations Sustainability Goals<\/li>\n<\/ul>\n<\/div><\/div><\/div>

    Outcome: <\/strong><\/p>\n

    A tool that enables\u00a0organisation\u00a0to forecast\/report that for every \u00a31 invested into contract\/business unit,\u00a0there is, for example, a \u00a34 return. This also defines the percentage and monetary value of retained\u00a0economic benefit within the geographical areas.<\/p>\n<\/div><\/div><\/div>

    \"Calculate\"<\/span><\/div>

    Calculate<\/h2><\/div>

    Forecast value of organisation’s commitment per contract\/business unit.<\/p>\n<\/div><\/div><\/div>

    \"Guide\"<\/span><\/div>

    Guide<\/h2><\/div>

    The data and evidence required to capture and claim the greatest social value legitimately.<\/p>\n<\/div><\/div><\/div>

    \"report\"<\/span><\/div>

    Report<\/h2><\/div>

    Area of impact and value back to procurement\/commissioning body\/department.<\/p>\n<\/div><\/div><\/div>

    \"Monitor\"<\/span><\/div>

    Monitor<\/h2><\/div>

    A dashboard that captures and provides insight into the live area’ areas of impact and value.<\/p>\n<\/div><\/div><\/div><\/div><\/div>

    What our clients say:<\/h4><\/div>
    \"Our<\/div>
    \n

    \u201cSVB helped us to highlight and document our strengths, to understand the impact that we were making and to communicate this to others. We now have tools to enable us to showcase our charity to future funders.\u201d<\/p>\n<\/div><\/div><\/blockquote>

    Jane Smith, Head of Charity<\/strong>, Our Space<\/span><\/span><\/div><\/div><\/div>
    <\/div><\/div><\/div><\/div><\/div><\/div><\/p>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":0,"parent":459,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"100-width.php","meta":{"_acf_changed":false,"content-type":"","footnotes":""},"acf":[],"yoast_head":"\nSocial Value Impact Measurement<\/title>\n<meta name=\"description\" content=\"Calculate and quantify your ESG, social value or community impact. 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