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12/12/2013

Towards common principles of
Social Impact analysis

Big Society Capital Outcomes Matrix

www.globalvaluexchange.
org

1
12/12/2013

SASB

2
12/12/2013

And shared explanations

Sources of Confusion

IRIS – SROI
GIIRS – SROI
IRIS - GIIRS

3
12/12/2013

Sources of Confusion
There are lots of ways of measuring social impact

Sources of Confusion
There are lots of ways of measuring social impact

Sources of Confusion
Level of accuracy required depends on the audience

There are many impacts which may need different tools
to measure them
But
There are NOT many ways of deciding which outcomes
to measure

Sources of Confusion

What are we trying to do with all
this measurement?

4
12/12/2013

What questions do you think we
need to answer to know
How much of a difference we have made?
Have we made as much of a difference as we can
with the resources available?

Results for what
These questions would be the
principles

What do we need to know?
1. What are the outcomes/issues?
2. How can we measure the outcome?
3. Which outcomes are important enough for us to
manage (be accountable for)?
4. To what extent were the outcomes/issues caused by
our activities?
5. Do we need to choose between different activities
creating different outcomes?
6. Who answered these questions?
7. How accurate do we need to be?
8. Are the results credible so that we can use them?

Most consistent principle but……
Stakeholders….
stakeholder involvement
Is not the same as
stakeholder consultation or engagement

Main groupings
Those approaches that recognise many outcomes and
so need an approach to deciding which to manage
materiality
Those that recognise that without benchmarking or
counterfactual we don’t know how much difference we
have made
Those that put different things on a single yardstick to
help decision making

5
12/12/2013

Advantages of standardising
principles? – Why? Why not?

How would we get more
standardisation of principles?

6

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Common Ground - Jeremy Nicholls

  • 1. 12/12/2013 Towards common principles of Social Impact analysis Big Society Capital Outcomes Matrix www.globalvaluexchange. org 1
  • 3. 12/12/2013 And shared explanations Sources of Confusion IRIS – SROI GIIRS – SROI IRIS - GIIRS 3
  • 4. 12/12/2013 Sources of Confusion There are lots of ways of measuring social impact Sources of Confusion There are lots of ways of measuring social impact Sources of Confusion Level of accuracy required depends on the audience There are many impacts which may need different tools to measure them But There are NOT many ways of deciding which outcomes to measure Sources of Confusion What are we trying to do with all this measurement? 4
  • 5. 12/12/2013 What questions do you think we need to answer to know How much of a difference we have made? Have we made as much of a difference as we can with the resources available? Results for what These questions would be the principles What do we need to know? 1. What are the outcomes/issues? 2. How can we measure the outcome? 3. Which outcomes are important enough for us to manage (be accountable for)? 4. To what extent were the outcomes/issues caused by our activities? 5. Do we need to choose between different activities creating different outcomes? 6. Who answered these questions? 7. How accurate do we need to be? 8. Are the results credible so that we can use them? Most consistent principle but…… Stakeholders…. stakeholder involvement Is not the same as stakeholder consultation or engagement Main groupings Those approaches that recognise many outcomes and so need an approach to deciding which to manage materiality Those that recognise that without benchmarking or counterfactual we don’t know how much difference we have made Those that put different things on a single yardstick to help decision making 5
  • 6. 12/12/2013 Advantages of standardising principles? – Why? Why not? How would we get more standardisation of principles? 6