Demonstrating your social impact

All Social Enterprises have social objectives at the heart of what they do.  Measuring and demonstrating social environmental and economic impact over time is important to help social enterprises to be successful businesses, to improve their offer in the market place and work internally to review and improve performance.

 

Social Impact

 

The recent Social Value Act 2012 has highlighted the need for organisations to be demonstrate the value of what they do, especially those wishing to be successful in securing business to deliver public sector contracts.  Social impact includes social, environmental and economic impact, sometimes called the triple bottom line.

 

KaMSEN Workshops and Support 

KaMSEN offers training and support about social impact, social value and measuring social return from introductory [LINK] to workshops

exploring different frameworks that can be used and tools and methodologies including:- 

  • Social Accounting and Audit [SAA]
  • Social Return on Investment [SROI]
  • Local Multiplier 3 [LM3]

TO BOOK A PLACE on one of our courses CLICK HERE

KaMSEN also offers small group support sessions providing support along the way as you start to measure your impact or social return. 

Workshops are led by trained social impact practitioners taking a practical approach to support organisations to looking at how to implement social impact measurement within their organisation in a way that is manageable and practical for their particular needs.

 

Frameworks Tools and Techniques

Many different tools and techniques have been developed which look at impact or social value or social return.  New Economics Foundation undertakes policy and research work in this area. Measurement of social value has also been developed internationally. 

There are many frameworks tools and techniques available.  Some main ones used in the UK include:

Social Accounting and Audit - a principled based framework developed by Social Audit Network Ltd looks to tell the whole story of change measuring performance against objectives and activities undertaken through qualitative and quantative analysis and reporting.  It actively involves stakeholders and includes an audit process. 

Social Return on Investment - this approach developed by the SROI network is based on stakeholders and puts a financial value on impacts identified by stakeholders, including use of proxies for impacts that do not have an immediate value.

Outcomes Star [TM] measures progress for service users to achieve set goals

Local Multiplier 3 looks at the ratio of return of local investment