Social Return on Investment Accreditation Break-Down
Are you interested in becoming accredited in SROI, but aren’t sure what it is or what it means? Read on here!
Social Return on Investment (SROI) is a model designed to shift ideas around programme effectiveness from an economic model to a social model. This process involves taking a programme that your organisation runs and evaluating it based on how effectively it delivers the positive social, environmental, and financial outcomes that it promises. An SROI review involves several key questions, including:
- What problem is this programme/project trying to solve?
- What stakeholders are most effected by this problem?
- How will your programme/project solve this problem for these stakeholders?
- What kind of change is expected to be produced? How much of this change is the direct result of your organisation’s actions? How long are these changes expected to last?
- How much positive change has been produced?
SROI then uses financial proxies to quantify the outcomes produced and compares this with the investment made in the programme. This provides a very valuable tool for funding and reporting on the social value of programmes, and gives your organisation a snapshot into the good being produced by your work.
Social Value International (SVI) offers a formal and internationally recognised qualification in SROI, in three stages.
Level One, Associate: Basic knowledge of social value, completion of reading list, and theory exam
Level Two, Accredited: SROI Research Project (which can be co-researched), SROI 2-day training, and an interview with SVI
Level Three, Advanced: SROI Research Project (independently-led), SROI 2-day training, and an interview with SVI
You can learn about the accreditation pathway in more detail here.
Social Value Aotearoa is motivated to help you achieve this accreditation. We offer three courses to assist in this process:
In-person training: Intro to Impact Management
In-person training: two day SROI practitioner course
Use the discount code sva2022 for members or np2022 for non-profits
“Beyond learning the methodology of SROI you begin to learn and understand the importance of what matters for whānau”
– Two-day SROI practitioner course attendee
“Awesome opportunity to look at the work we do from a different perspective”
– Two-day SROI practitioner course attendee
Online course: Impact Measurement, Applying the Principles of Social Value and SROI
Developed by our partners Efiko and accredited by Social Value International as a certifying course to become an SROI practitioner, this completely online course provides several hours of interactive content. You will learn the Social Value principles, how to create and measure impact goals, how to identify stakeholders and understand the outcomes which are material to them, how to write a theory of change and how to calculate an SROI ratio. Find out more here
Use the discount code svaotearoa-efiko for a 20% discount off this training.
Online exam: SROI Level One Associate Exam
If you have any more questions or wish to get started on your social value journey, please email us today at info@socialvalueaotearoa.nz