“I thought it was going to take over my life” That’s the common thing I hear from social entrepreneurs after I’ve helped them embed impact measurement within their business.
Tag: Social Return on Investment
When was the last time you reviewed your impact?
Business. It’s all just a game of box ticking. And, when it comes to social enterprise, it seems like no matter how many boxes you tick, there are always empties waiting in line.
What is a good SROI (Social Return on Investment) figure?
Technically, any figure over £1 is a good social return on investment figure because it means that you are generating more social value than it is costing you to deliver the project, services, or activities.
Where can I find financial proxies?
If you are producing a SROI report you will need to find financial proxies to assign values to the outcomes you achieve, in order to calculate your social impact and provide a monetary value for every £1 you spend on that service, activity or project.
