Social Value Engine Ivan Annibal, Jessica Sellick, Claire Watts and - - PowerPoint PPT Presentation

Social Value Engine

Ivan Annibal, Jessica Sellick, Claire Watts and Andrea Turton

Agenda

11am Welcome & Introductions 11.10am About Social Value 11.20am Introduction to the Social Value Engine 11.50a.m Social Value Proxies 12p.m Practical Exercise

• Forecasting
• Completed project

12.30p.m Lunch 1.00p.m Practical Exercise

• Completed project
• Forecasting

1.30p.m Feedback/Next Steps 2p.m Close

About Social Value

• What is it?
• Where does it come from?
• Why is it important?
• Are there any limitations?
• How can I use it?

Where does it come from?

Public Services (Social Value) Act 2012

• This requires people who commission public services to think about how they also

secure wider social, economic and environmental benefits.

• It applies to all English and some Welsh bodies including local authorities, government

departments, NHS Trusts, fire & rescue services and housing associations.

• Before starting a procurement process, these bodies should consider whether the

services they are going to commission will secure these benefits in their area [delivering value-for-money]. http://www.legislation.gov.uk/ukpga/2012/3/pdfs/ukpga_20120003_en.pdf Duty of Best Value = statutory guidance from the Department for Communities and Local Government (DCLG): local authorities should consider overall value (including social value) when considering service provision [delivering localism and growth]. https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/418505/R evised_Best_Value_Statutory_Guidance_final.pdf

Why is it important?

• Knowing what works and understanding why – what positive or

negative change is happening in people’s lives as a result of policy and decisions?

• Developing a ‘moving picture’ of the distance travelled – knowing

what outcomes are being achieved over a sustained period of time rather than just counting outputs and meeting targets.

• Providing a more rounded view – it doesn’t remove having to make

difficult decisions but it can help us balance economic, social and environmental trade-offs.

• = the quality of the outcomes and not driven by inertia or short-term

pressures.

• = ensuring money is being directed at projects/programmes that

most benefit society and improve people’s lives.

Are there any limitations?

• If you don’t already have good outcomes data collection systems in place it

can be time consuming first time round.

• It requires a diverse skills set – from speaking with people involved in a

project to inputting information on the engine – that can be hard to find in

• ne person.
• Having a narrow focus on monetisation and the ratio – it’s about value not

money but using money as a common unit can influence the financial proxies people use and the ratio this leads to [e.g. an investment of £1.00 delivers £3.00 of social value]. This ratio is only meaningful as part of a wider narrative about the difference a project has made. Ratios will also differ between capital & revenue, one off and longer term projects.

• Some outcomes cannot be easily associated with a financial proxy /

monetary value (e.g. improved family relationship).

• Social value is a developing area…but the engine systemises outcomes so

people are using the same proxies and it also focuses on the sustainability of a place.

Where next?

Social Value Act Review Lord Young (February 2015)

• Where it has been taken up it has

encouraged a more holistic approach to commissioning

• Quality = best value & cost

savings.

• But incorporation of social value

into actual procurements is low: how and when do we include it? How do we measure the social

• utcomes we are seeking to

embed?

• https://www.gov.uk/government/u

ploads/system/uploads/attachment _data/file/403748/Social_Value_Ac t_review_report_150212.pdf

Cabinet Office

• Promotes awareness and take-up
• f social value (e.g. Social Value

Awards).

• Is developing a clearer

understanding of how to apply the Act (funded 8 pilot projects).

• Strengthening measuring and

evaluating social value (e.g. Inspiring Impact Programme 2012-2022 for the VCS sector).

• = Due to publish a paper

containing examples of how Government has implemented the Social Value Act and guidance notes for procurers.

How can I use the Social Value Engine ?

• Evaluative: conducted retrospectively and

based on actual outcomes that have already taken place.

• Forecast: predicts how much value will be

created if activities meet their intended

• utcomes.

By type of organisation

Voluntary & community organisation or business

• As a tool to improve performance, inform expenditure and

highlight added value.

• To develop a business plan.
• To analyse the value arising from trading activities.

Commissioners & Funders

• As a tool to help you decide where to invest / as part of a

budget setting process - how are we going to use the resources we have available to us to deliver services that meet local needs?

• To assess performance and measure progress over time.

When do you measure social value?

• When planning a project/programme or pre-procurement stage – to

decide how to set up a programme and determine the scope/specification of contracts.

• During the application / bidding process – to assess which applicant
• r bidder is likely to create the most value.
• Contract management and when evaluating a project/programme –

to monitor performance.

• Developing policy or corporate social responsibility – recognising

social value in caring about more than profits.

Useful Resources

• Cabinet Office – information on the Social Value Act

https://www.gov.uk/government/publications/social-value- act-information-and-resources/social-value-act- information-and-resources

• Guide to Public Services (Social Value) Act

http://www.socialenterprise.org.uk/uploads/files/2012/03/ public_services_act_2012_a_brief_guide_web_version_fin al.pdf

• Social Value Hub http://www.socialvaluehub.org.uk/
• Global Value Exchange

http://www.globalvaluexchange.org/

Social Value Engine

Login Please click the button to login into the engine. You will be prompted for your user name and password, please enter these and click the ‘login to the calculator‘ button. User home This is the user home screen. Here you can create a new project, or view existing projects that you have saved previously.

Social Value Engine

Create a project Please enter the name of your project, then click the ‘create project’ button. Project created Your project will now be listed on your user home page. Click ‘open project’ to begin your calculation. Click ‘adjust name’ if you wish to change the name

• f your project.

Social Value Engine

Project page We can now begin your calculation. Click on the ‘outputs’ button to add outputs, and the ‘inputs’ button to add inputs. Outputs Please enter a description of the output, then designate a Bristol Accord outcome from the dropdown menu which describes your output. Once you have chosen your

• utcome and relevant proxy the proxy dropdown will then

auto-populate with options to select. Please add the number of units benefiting, the duration of the project in years (default is one), then the leakage, deadweight, attribution and drop-off. Then click ‘add to calculation’ button.

Social Value Engine

Return to project After all your outputs have been entered, please click on ‘Return to Project’ in the top left hand corner to return to the project page. Inputs Please enter a description for your input, select the category of input, the value, the volume, and the leakage, then add the input to the Social Value calculation.

Social Value Engine

The Social Value Engine Report When all of the outputs and inputs have been added to your project, hitting the Social Value report’ button will take you to the report for your project. The

• utputs are allocated to one of the eight categories of

a sustainable community as designated by the Bristol Accord, these are colour coordinated for ease of reference. The Social Value Engine Report The Gross Social Return on Investment and Net Social Return on Investment show the calculated gross and net social return for every £1 of investment in the project. If the result is green the return is below £12.50, if it is amber the return is between £12.50 and £25.00, if the return is above this the result will appear in red.

Social Value Proxies

Practical Exercise

Feedback

• How have you found the exercise?
• Are you confident enough to select the

proxies for your activities?

• Do you understand the deflators and how

to apply them?

• Is there anything else that will stop you

using the Social Value Engine during the pilot period?

Next Steps

• Accessing the Social Value Engine
• Once you have completed the evaluation for this

session, your username, password and manual will be emailed to you, along with a licence which you will need to sign and return before your password is activated

• You will have free access until the end of March

2017

• Please email enquiries@socialvalueengine.com

for all technical queries

What we want you to do

• Use the Social Value Engine as much as you can
• We want to test how the Engine works with you using it

yourselves, rather than us setting it up for you. However, if you get stuck please don’t sit in silence – drop us an email and we’ll try and help as soon as we can. We’ll give you a call at least once a month to see how it is going.

• We’ll be asking for feedback about your experience late

February/ early March. We’ll have at least one event where you can come along and feedback in person, but if you can’t make it we’ll talk to you and probably ask for some written feedback.

Ivan ivan.annibal@roseregeneration.co.uk Jessica jessica.sellick@roseregeneration.co.uk Claire claire.watts@eastriding.gov.uk Andrea andrea.turton@eastriding.gov.uk Technical support sroicalc@sroicalc.com

Contacts