Social Return on Investment (SROI) Data Services
Quantifying value of making social investments and measure of outcomes
To compliment social value standards like the National TOMs we are developing a social return on investment model that quantifies the social, economic, and ecological impact of societal challenges, with the objective of stimulating greater social investment in community projects and initiatives addressing these challenges.
Our SROI model, has been built from the academic studies undertaken across a wide range of wellbeing determinants encompassing many aspects of health, care, education, welfare, and community safety and confirms social and economic opportunity amounting to many £millions, to be gained from improved engagement and cooperation across services delivery between the not-for-profits, communities, and public sector services.
Social challenges need to be seen as opportunities
We believe positive and lasting social change can only happen when we start to recognises societal challenges as opportunities, in place of being just issues that create costs.
Our model quantifies societal issues into measurable social economic opportunity, to subsequently establish a new benefits driven approach to supporting investment in social innovation and community led entrepreneurialism.
Social return on investment (SROI)
Making social investment stronger
Our measures improve our ability to solve big social issues like poverty, inequality, social exclusion, homelessness etc. because we can quantify the social and economic impact to our communities, and provide outcome measures to demonstrate value of investments made.
Early intervention and prevention
The not-for-profit sector and communities are already pro-active in delivery of early interventions and the best place to build preventative capability.
If we can better support local innovators and social entrepreneurs with the information and data that helps them to secure resources and investment, we will dramatically increase the early intervention / prevention capability of our people in our communities.
Continuous social improvement
Meaningful measure of outcomes
Our quantification of the social, economic and ecological benefits for investment translate also to meaningful measure for outcomes, enabling initiatives to learn what went right, and what did not.
It is through this mechanism that we move onto a process of continuous and sustainable social improvement.
Social value measure
National TOMs Framework
Our SROI measure aims to compliment the use of the National TOMs Framework working for buyers and suppliers at every stage of the procurement life cycle.
Our SROI measures aim to establish a measure for population wellbeing to support social investment and qualification of wellbeing development outcomes.
Do you have a social value or measure need to aid your business case for investment?
Or are you looking for other ways to describe the benefits of your work or service provided in the community?
Or do you wish to just know more about what we do and our unique approach to helping communities?
In any case we are keen to hear from you, please reach out and lets talk and explore the art of the possible.