WHAT IS SROI & WHY
Principles, Methodology, Applications
MEASURING SOCIETAL IMPACT & INTRODUCTION TO SROI
Every day our actions and activities create and destroy value; they change the world around us. Although the value we create goes far beyond what can be captured in financial terms, this is, for the most part, the only type of value that is measured and accounted for. As a result, things that can be bought and sold take on a greater significance and many important things get left out. Decisions made like this may not be as good as they could be as they are based on incomplete information about full impacts. Social Return on Investment (SROI) is a framework for measuring and accounting for this much broader concept of value.
SROI is an approach to understanding and managing the impacts of a project, organization or policy.
SROI is a framework to structure thinking and understanding. It’s a story not a number. The story should show how you understand the value created, manage it and can prove it.
SROI seeks to reduce inequality and environmental degradation and improve wellbeing by incorporating societal, environmental and economic costs and benefits.
SROI measures change in ways that are relevant to the people or organizations that experience or contribute to it. It tells the story of how change is being created by measuring societal, environmental and economic outcomes and uses monetary values to represent them.
Please note the following aspects of an SROI analysis
SOCIAL RETURN ON INVESTMENT (SROI) TRAINING
Ability to measure project impact while applying a monetized value using SROI
- Head of Foundation
- Investor & Impact Investor
- Chief Financial Officers
- Head of Strategy
- Sustainability Director/Officers
- Investors’ relations Directors / Officers
- CSR Manager/Department members
- Head of Social Impact
- Project Manager
- Corporate Affairs Director
- NGO Representatives
- Monitoring & Evaluation Expert
- Government Officers
- Social Entrepreneurs
- Development agencies representatives
- Development officers
Download The Training Information
Do not miss this unique training opportunity!
Readiness to self-assess projects by managers using the SROI methodology and concept
- DYI SROI Guide (by The SROI Network)
- Understand the purpose of SROI and why Public/Private entities should measure Value
- Apply the 7 Principles and the SROI Methodology
- Understanding of the Theory of Change
- Hands-on exercise on an SROI Impact Map
- Ability to start analysing your projects impact
- Resources and tools provided to kick-start as impact assessor
- Report on impact and attract impact-investors & private and public partners
- Ability to set-up project Key Performance Indicators
- Tell a better story of your high-potential projects to board of directors, management team or to impact-investors on your ability to generate societal value through Corporate Social Responsibility or core business projects
- Ways to prove a corporate project creates value beyond original investment
- Helps your company improves its stakeholder engagement process, theory of change & approaches to monitor, evaluate and monetise projects impact
Made three (3) days training will be providing detailed presentations that shows the following content:
- SROI definition, what SROI is about, what SROI is not about, dos and don’ts
- SROI concepts, why it talks to decision-makers, chief financial officers and/or impact investors
- SROI applications, who can use SROI, the story it explains
- SROI sensitivity analysis, the way to interpret results, the future redesign of projects
The training will be provided following a detailed description of the 7 steps methodology as shown here
Setting up Boundaries
Understanding Your Impact
Projecting into the feature & SROI Results
Sensitivity Analysis & Reporting
Each one of these steps will follow the below approach
- Theoretical Content
- Questions to be asking yourself at each steps
- Practical Exercise
- Links to additional readings
- Pre-reading material on the topic to be delivered before training start (5 business days)
- Two days on line training (the theoretical part)
- Projects to be assigned to trainees in group format, giving a week to project completion
- A final third day of the training to discuss the projects to be submitted by trainees
- Evaluation of the projects to be delivered with a feedback and recommendation on each project.
The training is planned to take place in online platform (Zoom) for a capacity of attendees of 20 trainees whom will be studied as per their positions to facilitate the most efficient language of training to guarantee a successful delivery.
SROI International Accredited Practitioner
This training will be delivered by a skills accredited SROI practitioner having trained over 300 corporate decision-makers to date from small to large size companies.
Alex Lemille is an Accredited SROI Practitioner from The SROI Network International
company that leverages business-as-a-powerful-tool to find solutions to our social and
He has been involved for many years in sustainability related topics, as a United Nations
Global Compact consultant, as an official Global Reporting Initiative (GRI) trainer, and as
an Accredited Social Return on Investment (SROI) practitioner (since 2013).
Since 2009 Alex has been promoting social business of Professor Mohammed Yunus and,
social entrepreneurship as a regenerative form of business, mainly as Head of Social
Impact with C3 in the United Arab Emirates.
Since 2013, Alex trains and advises corporate on SROI as a measure of their total return,
helping them take better decisions.
Alex has trained so far over 250 business leaders in the SROI methodology between South
Africa, the Middle East and Europe.
Alex has been issuing numerous SROI reports for NGOs, Social Enterprises and Corporates (CSR departments, core business) since 2013.
Alex graduated with an MBA from Hult Boston, MA, USA (2011) with electives in Social
Innovation and Corporate Social Responsibility (CSR).
SROI Online Training & SROI Case Analysis
- Format: Online (Zoom)
- Duration: 3 days
- One day: minimum 6 hours (can be split in half-days of 3 hours each)