Learning Outcomes and Standards
| Module Title | Module 1 – Purpose and scope of impact management | Module 2 - Identifying stakeholders and outcomes | Module 3 - Measuring the amount of change | Module 4 - Valuing changes to outcomes | Module 5 - From outcomes to impact, how to avoid overclaiming | Module 6 - Calculations, aggregation, reporting & embedding |
|---|---|---|---|---|---|---|
| Intended learning outcomes of training course module | 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 | 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 changes | Address impact question what is the CONTRIBUTION made | Examine the calculations for some social impact results and how to report Discuss challenges and solutions to aggregating to manage impacts |
| Principle | Overview 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 questions | 1 & 2 | 3, 4 & 10 | 5, 6 & 7 | 8 | 9 & 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 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 | 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 |
