Learning Outcomes and Recommended Reading

Intended learning outcomes: 

• Remind 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

Principle:

• Overview of SVI Framework.
• Overview of social value and impact management

Impact Question(s):

• 1 and 2

Assurance Standard criteria:

• 2.1 Scope

Recommended Reading:

• The 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

Intended learning outcomes: 

• Address impact questions WHO changes for WHAT outcomes?

Principle:

• Principle 1: Involve Stakeholders
• Principle 2: Understand what Changes
• Principle 4: Only include what is material – focus on relevance

Impact Question:

• 3, 4 and 10

Assurance Standard criteria:

• 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

Recommended Reading:

• 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

Intended learning outcomes: 

• Address impact question HOW MUCH the outcomes have changed
• Address impact question HOW MUCH time to measure change in outcomes?

Principle:

• Principle 2: Understand what changes
• Principle 4: Only Include what is Material (referenced)

Impact Question:

• 5, 6 and 7

Assurance Standard criteria:

• 2.4 Defining Indicators
• 2.5 Measuring the amounts (quantities) of change
• 2.6 Completeness of the information
• 5.4 Drop off and Duration

Recommended Reading:

• 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

Intended learning outcomes: 

• Address impact question WHAT is the importance of the changes

Principle:

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

Impact Question:

• 8

Assurance Standard criteria:

• 3.1 Valuing the inputs
• 3.2 Valuing the outcomes
• 3.1 Considering the relative importance of outcomes (for social value reports)

Recommended Reading:

• 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

Intended learning outcomes: 

• Address impact question what is the CONTRIBUTION made

Principle:

• Principle 5: Do not overclaim
• Principle 4: Only include what is material – focus on significance

Impact Question:

• 9 and 10

Assurance Standard criteria:

• 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

Recommended Reading:

• 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

Intended learning outcomes: 

• Examine the calculations for some social impact results and how to report
• Discuss challenges and solutions to aggregating to manage impacts

Principle:

• Principle 3: Value the things that matter
• Principle 6: Be Transparent
• Principle 7: Verify the result

Impact Question:

• None

Assurance Standard criteria:

• 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 Reading:

• The Guide to SROI: Stage 5 and 6 – pg 64-78
• Maximise Your Impact Guide: Stage 4: Revise – Pg 106-123