Measuring Social Value
Tue 18 Mar 2025 9:30 AM - Wed 19 Mar 2025 12:30 PM GMT
Online, Zoom
Description
This workshops take place over two consecutive mornings. Both sessions are 09:30am - 12:30pm.
As well as being able to demonstrate your social value to funders or potential investors, measuring social value will enable you to measure the effectiveness of your organisation and see not just the difference you make, but HOW MUCH difference and allow you to see where improvements can be made.
This short course is a brief introduction to measuring social value including:
- Valuing changes to individual wellbeing and people’s lived experience from their perspective; and
- Valuing the knock-on effect of these changes in someone’s life to see how this can create savings for the state
We will quickly cover both these areas with examples and exercises, understand the difference between them, and consider how to use them as a powerful combination that tells more of a complete story of your impact and the value you create.
We will show you some short cuts, tips and simple ways to start to calculate the monetary value of outcomes you create. We also consider the risks of simpler approaches and see what is involved when more credibility is required.
What you’ll learn from this course
- What is social value
- How to engage with stakeholders when measuring social value
- Free sources of valuations
- Basics of Cost Benefit Analysis and Social Return on Investment (SROI)
- Low, Medium and High levels of rigour in measuring social value
- Resources to help you measure social value
By the end of the course you will be able to:
- Calculate the value of a change in an individual’s wellbeing from their perspective; and
- Calculate the potential savings to the state that this may also create
- Do both of these simply, but also understand what is involved if a more in-depth analysis is required
- Have a go with some of your outcomes, exploring sources of valuation
- Identify the appropriate depth of valuation for your project.
- Select the most practical, but rigorous sources of data.
The course has been developed by Tim Goodspeed – founder member of Social Value UK and Social Value International, and one of the authors of the Guide to Social Return on Investment (originally sponsored by the Cabinet Office in the UK).
What is a social value?
“Social Value is a broader understanding of value. It moves beyond using money as the main indicator of value, instead putting the emphasis on engaging people to understand the impact of decisions on their lives. The people’s perspective is critical.
Organisations will always create good and bad experiences, but on balance should aim to create a net positive impact in the present and for a sustainable future. They should measure their impacts and use this understanding to make better decisions for people.”
Social Impact or Social Value?
The two workshops we run, Measuring Social Impact and Measuring Social Value, follow a generic process we have distilled from some of the most popular methods like Social Cost Benefit Analysis, Social Return on Investment (SROI) and the SDG Impact Standards.
The process includes understanding:
- Inputs
- Outputs
- Outcomes
- Quantity of outcomes
- Duration of outcomes
- Causality of outcomes; and
- Value of outcomes
2-6 are coved by Measuring Social Impact. 1 and 7 are covered in Measuring Social Value. Both courses together enable all the stages of an SROI to be completed. For a quick introduction to valuing outcomes, this course can be taken as a stand-alone. To understand everything involved in an SROI, we recommend both courses are taken together.
Who should attend
Anyone keen to learn how to measure social value! No prior knowledge is required.
Course timings
The course takes place over two mornings from 9.30am – 12.30pm on both days.
Measuring Social Impact + Measuring Social Value add-on
Get 30% off of our Measuring Social Value course when you book Measuring Social Impact.
Measuring Social Impact at a glance | |
What you’ll learn:
| By the end of the course you will be able to:
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You can find your promo code in your confirmation email when you book Measuring Social Impact.
As well as making your organisation more attractive to funders, being able to measure social impact will enable you to measure the effectiveness of your organisation, to benchmark with your competition and allow you to see where improvements can be made.
This 3 x half day Measuring Social Impact course is jam-packed full of the information that you need to measure your impact successfully.
“Honestly one of the best courses I have ever attended. Excellent trainer, expertly delivered”
- Sarah Hulm, Break
What you’ll learn from this course
- What is social impact and why should we measure it?
- How to engage with stakeholders when measuring social impact
- Understanding outcomes
- How to measure well-being
- Developing your ‘Theory of Change’
- Social Return on Investment (SROI)
- Resources to help you measure social impact
- Social impact measurement tools
- Best practice case studies and examples of social impact
By the end of the course you will be able to:
- Explain the business case and social imperative for measuring impact.
- Identify the appropriate depth and frequency of evaluation for your project.
- Select the most practical, but rigorous sources of data.
- Justify sample sizes and assess the value of closely involving stakeholders.
- Create a tailored Theory of Change for a project.
- Demonstrate the use of attribution, deadweight and drop-off.
- Discuss the use of social valuation and explain different methodologies.
- Design an impact map and measurement action plan for your own project.
Read 5 key lessons from our Measuring Social Impact course
The course is based on one originally developed by NEF Consulting, the consultancy of the New Economics Foundation.
Who should attend
Anyone keen to learn how and why to measure social impact! No prior knowledge is required. Previous participants have included:
- Development Officer, P3 Social Inclusion Charity
- Chief Exec, Scottish Waterways Trust
- Chief Officer, Rural Action Yorkshire
- Resident Involvement Manager, Paragon Housing
- Senior Project Officer, NUS
- Evaluations Officer, Bow Arts Trust
- CSR Manager, Johnson & Johnson
- Chief Exec, Nottingham Care Partnership
- Commerical Manager, Spurgeons
- Change Manager, Cafod
“The facilitator was extremely knowledgeable and engaging. The course offered a good balance of case studies, group coaching, peer learning and customisable exercises. Course material was very well devised” Naomi Bulliard, UAL
“Awesome learning and training, going to hugely useful for my work. Also pleased to see how well engaging in training like this works via Zoom!”
Group booking
Discounts are available for bookings of 3 or more people. Please contact charlie.wright@sse.org.uk to arrange this.
Booking
Book your place immediately with a credit or debit card through Ticket Tailor. Please only request an invoice if absolutely necessary and if it is for an amount over £500.
To request an invoice or if you have any questions about the course or booking process please contact us using the 'Contact' button in the 'Organised by' section below.
Please note our terms and conditions: we can offer a full refund provided you give us at least 7 days’ notice (within 7 days you can substitute the participant for someone else).