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Inspire to Aspire helping you maximise your potential

Reasons to invest in SROI A case study, based on the Women Social Return on
of the World group, which was
part of a recent SROI (completed Investment —
SROI can: for Salford PCT ) on the Big Life evaluating the
1. Be a management tool to help centres demonstrated a social re-
difference you make
guide allocation of resources turn on investment of 1:14.11

2. Evaluate impact and demon-


strate added value this means that

3. Help assess the performance of for every £1 invested


an investment against your ob- a social return of £14.11
jectives
was achieved.
4. Demonstrate the change in the
lives of your beneficiaries and
A copy of the case study can be
end users
requested through email to
5. Tell the story behind the change info@inspiretoaspire.co.uk
6. Demonstrate value beyond the
financial investment
7. Inform business planning and
investment processes
8. SROI is more than a cost benefit
analysis and accounts for social

Email: info@inspiretoaspire.co.uk
change

Mobile: 07775642140
Tel: 0845 643 0754
SROI—evaluating the difference you make For more information contact us at

measuring and valuing Tel: 0845 643 0754


the difference you make Measuring what you value
Mobile: 07775642140
and the social change
Email: info@inspiretoaspire.co.uk valuing what you measure
you contribute to.
Understanding the value of your investment

What is SROI? SROI—what it means to you. SROI—the process.


Social Return on Investment (SROI) is a SROI gives us an understanding of what’s SROI appeals to everyone demonstrating:
method for measuring a broad concept important to our stakeholders and what
the difference is that we make or contrib- • Financial outcomes
of social impact. It is a way of account-
ute to—it measures and gives a value to • The big picture of what is happening
ing for (monetizing) the value created social outcomes. and the difference being made
by our activities and the contributions
SROI can help us to understand what • The change this means to the people
that make those activities possible.
change has been achieved in our commu- involved and the people we deliver
nities and what difference, in outcomes, services for
SROI tells the story of change from the this means to our beneficiaries and service
users. SROI follows a structure and process
perspective of our
stakeholders, SROI can be used to evaluate activities and From scoping the project and identifying
services or to forecast future investment stakeholders to developing the complete
especially those who
outcomes. It is helpful in: ‘impact map’ there are 4 stages.
benefit from and
access our services 1. Evaluating services, projects and 1. The stakeholder analysis including in-
activities tended and unintended changes
and activities. It helps
us to understand the 2. Informing business planning— 2. Identifying the inputs and outputs
change made and value the things that especially demonstrating public
3. Describing the outcomes
matter—which we do not often count. health outcomes
4. Allocating the resources to who makes
3. Forecast changes to be made for
the impact and monetizing the values
commissioners and funders
It is much more than a cost benefit
From the above the social return is analyzed
analysis as it places a value on both and demonstrated.
easy and hard indicators. It helps SROI summary
organisations understand the outcomes • Measure what is important
they achieve for the investment they
• Value what matters measuring and valuing the difference you make
make.
and the social change you contribute to.
• Tell the story of change

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