The Age UK Impact Tool Overview
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An introduction to the Age UK Impact Tool
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The Age UK Impact Tool Overview
- 1. The Age UK Impact Tool
- 2. The Age UK Impact Tool We wanted to create a tool that …. • Makes complex simple • Is easy to use • Is Concise • Is Visual • Enables Comparison • Is Relevant • Is Aspirational
- 3. The Age UK Impact Tool How the tool can be used…. • For Money • For Marketing • For Management
- 4. What the tool counts….. The Tool considers the impact of your organisation in two ways: 1. The impact of your organisation on the local economy, community and environment. 2. The Impact of your organisation has on the lives of your Beneficiaries.
- 5. Organisational Indicators Employment For example…. % of all levels of the business living locally Hours of training % of promotions Economy Community For example…. Money brought into the area % spend in the local economy LM2+ calculation (For every £1, the local economy is strengthened by £xx) For example…. Value of work experience, volunteering and work placements Value of in kind contributions Contribution to local community networks
- 6. Organisational Indicators Family For example…. Number of apprenticeships Number of NEET employees Observance of family friendly policies Health & Well- Being Environment For example…. Employee access to health benefits Lost Time Rate Turnover rate For example…. Achievement of Environmental standards Assessment of environmental impact
- 7. Beneficiary Indicators Information & Advice Care Navigator Handyperson & Gardening Support @ Home Befriending Dementia Services Carer Support Day Care Services Active Ageing Services
- 8. Working out the Values Quantity Value London/Non London Deadweight Attrition
- 9. Easy to use Data entry for the Employment module
- 10. Simple Results An example summary report from the Economic module
- 11. Visual Results You can create your own infographic Step One: Select Module Step Two: Select items
- 12. Visual Results You can create your own infographic Step Three: Select Order you want them to appear
- 13. Visual Results
- 14. The Age UK Impact Tool
Editor's Notes
- Makes complex simple- complexity of current impact measurement approaches leads to having to use consultants, significant costs yet, not consistent as there too many variables Easy to use- uses information easily at fingertips of most organisations, no need for specialist training Concise- People busy lives, will only take couple of hours. From start to finish Visual- very visual world, tool will produce own infographics. Comparison- with all customers using the same formulas and variables enables us to compare like for like. Relevant- Indicators have chosen to fit Local Area strategies and for those working with most common beneficiaries. (very positive response from commissioners) Aspirational – This is an introductory tool. Whilst there are over 150 indicators the tool, it is not a full social impact report. We want people to use this and be inspired to explore social impact further.
- The KFIT Social Impact Value takes into account the following factors: Quantity: All customers need to put in! Value: All values taken from The Global Value Exchange: based on research and independently verified. (examples; Getting online for first time = social value of £1024, Using library regularly has, according to the DCMS, a social value of £1359) London/Non London: Phase one takes into account the difference in costs and values achieved of services based in London or not. Phase two will have more regional variations. Deadweight…. This is the understanding that not everyone using the service will fully benefit in the social value generated by the indicator. Each indicator is allocated a theme and a deadweight value is assigned. Attrition…. We know that people have other services and influences in their lives and that things might well have changed because of them rather than your service. We apply a value of 20% for this.
- Each module results can be printed, All results can be saved as a PDF, which enables customers to use in documents
- Able to create as many reports as you want form the data. Means customers could create a report specifically for a particular stakeholder
- Able to create as many reports as you want form the data. Means customers could create a report specifically for a particular stakeholder
- Able to change the colour and add your own logo.
- Our Motives: (why is this important to KF)