This course is a key part of the Social Value International Accredited Practitioner Pathway for social value professionals in Canada and around the world. It is a requirement for all seeking credentials in Social Value and SROI practice.
Course Overview:
Social Value and SROI are internationally recognised tools for understanding, measuring, maximizing, and valuing outcomes - i.e. to inform insights into how well impact is maximized via decision-making and allocation of resources.
Both are impact-informed approaches. They illustrate the value and relative importance of impacts from the perspective of those impacted, which is the foundation of a credible Social Value Account.
SROI takes this work further. It includes the value of secondary and systems impacts and draws upon a variety of valuation techniques to represent the relative importance of impacts experienced. Once completed, an SROI ratio compares the value of change to the cost of achieving it.
Format:
Highly interactive. Based upon real-life examples of participants and course leaders.
Currently online, this course is structured into 5, 3-hour sessions (Monday, Tuesday, Thursday following Monday, Tuesday). Followed by a 1-hour recap session.
Learning outcomes:
Clear understanding of the history, philosophy and principles of SROI and social value
Practical application through work on a real-world example using an impact map
Per individual case
Clarity on scope, stakeholders, inputs and outputs
Outcomes mapped, evidenced, and valued
Options & application of different valuation techniques
Understanding of assurance and accreditation requirements
Discussion on broader implications of Social Value and SROI in decision making, implementation, policy development, impact investment, and accountability/reporting - across all sectors.
