Impact Measurement & Social Value Peter BaileyPresentation Transcript
Impact measurement and socialvaluePeter Bailey, Big Lottery FundImpact Conference, Exeter, 13th June
What is impact?Any effects arising from an intervention. This includes immediate Impact short-term outcomes as well as broader and Outcomes longer–term effects. These can be positive or negative, planned or unforeseen.
Why measure impact?• To increase impact (efficiency, effectiveness)• For accountability to funders, commissioners, sponsors, supporters, users• For organisational learning – to enable improvement• For ‘proof’, evidence-building, winning new funding or resources, promotion
Why now?• Scarcity of (funding) resources• Competition for public sector contracts• Pressure to benchmark, compare, compete, prove• New demands of social investors• Technological advances
The BIG perspective• Culture of evaluation, review and learning• <10% may be spent on monitoring, evaluation, learning in grant budgets• Support contracts, signposting, advice, guidance
BIG things• Building Capabilities: up to 3% of grant to be spent on developing organisational capacity, such as support for demonstrating impact.• Learning for Impact: up to £50k to groups of organisations to support collaborative learning. Launch in Summer 2013.
Other things• Inspiring Impact: aims to help voluntary sector organisations across the UK get better at measuring the impact of their work www.philanthropycapital.org• The Alliance for Useful Evidence: champions the use of evidence in policy and practice www.nesta.org.uk