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Learning Outcomes and Standards

Module Title Module 1 – Purpose and scope of impact managementModule 2 - Identifying stakeholders and outcomesModule 3 - Measuring the amount of changeModule 4 - Valuing changes to outcomesModule 5 - From outcomes to impact, how to avoid overclaimingModule 6 - Calculations, aggregation, reporting & embedding
Intended learning outcomes of training course moduleRemind as to the purpose of impact management

Identify the impact questions needed to account for impact

Understand the convergence between the impact questions and the dimensions of impact

Purpose, scope and audience
Address impact questions WHO changes for WHAT outcomes?Address impact questions HOW MUCH the outcomes have changed

Address impact question HOW MUCH time to measure change in outcomes?
Address impact question WHAT is the importance of the changesAddress impact question what is the CONTRIBUTION madeExamine the calculations for some social impact results and how to report

Discuss challenges and solutions to aggregating to manage impacts
PrincipleOverview of SVI Framework.

Overview of social value and impact management
Principle 1: Involve Stakeholders

Principle 2: Understand what Changes

Principle 4: Only include what is material - focus on relevance
Principle 2: Understand what changes

Principle 4: Only Include what is Material (referenced)
Principle 3: Value the things that matter

Principle 4: Only Include what is Material (referenced)
Principle 5: Do not overclaim

Principle 4: Only include what is material - focus on significance
Principle 3: Value the things that matter

Principle 6: Be Transparent

Principle 7: Verify the result
Impact Question - Intro to impact questions1 & 2
3, 4 & 105, 6 & 789 & 10
Assurance Standard criteria (please read assurance standard)

Scope and purpose
2.1 Scope
1.1 Identification of stakeholder groups

1.2 Stakeholders involved in defining outcomes (qualitative phase)

2.2 Defining Outcomes

2.3 Context of outcomes

4.1 Inclusion or exclusion of stakeholder groups
2.4 Defining Indicators

2.5 Measuring the amounts (quantities) of change

2.6 Completeness of the information

5.4 Drop off and Duration
3.1 Valuing the inputs

3.2 Valuing the outcomes

3.1 Considering the relative importance of outcomes (for social value reports)
1.3 Stakeholder involvement in establishing the levels of attribution, drop off, deadweight and displacement of outcomes

5.1 Counterfactual (Deadweight)

5.2 Attribution

5.3 Displacement

4.2 Materiality of outcomes
3.3 Calculating the SROI

4.3 Sector specific or ‘relevant’ outcomes

5.5 Risk factors

6.1 Consistency of information

6.2 Sensitivity analysis

6.5 Transparency

7.1 Stakeholder involvement in reviewing and verifying the result
Recommended ReadingThe Guide to SROI: Introduction Pg 7-15

Maximise Your Impact – A Guide for Social Entrepreneurs: Before you Start section – Pg 16-23 , and Stage 4: Revise – Pg 106-123
Standard on applying Principle 1: Involve stakeholders

The Guide to SROI: Stage 1 and 2 – Pg 16-33

Maximise Your Impact Guide: Stage 1: Business Planning – Pg 26-59
Standard on applying Principle 2: Understand what changes (Part 1)

The Guide to SROI: Stage 2 and 3 – Pg 28-53

Maximise Your Impact Guide: Stage 2: Do – Pg 61-88
Standard on applying Principle 3: Value the things that matter

Value Game document

The Guide to SROI: Stage 3 – Pg 36-53

Maximise Your Impact Guide: Stage 2: Do and Stage 3: Assess– Pg 61-105
Standard on applying principle 4: Only include what is material

The Guide to SROI: Stage 4 – Pg 54-63

Maximise Your Impact Guide: Stage 2: Do and Stage 3: Assess– Pg 61-105
The Guide to SROI: Stage 5 and 6 – pg 64-78

Maximise Your Impact Guide: Stage 4: Revise – Pg 106-123

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