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Starting to map, forecast and
model social impact
Quick recap




              www.hact.org.uk
               @HACThousing
It used to be so easy…

    1860          1910   1960




                           www.hact.org.uk
                            @HACThousing
It used to be easy…


                 2010


                                     

                            www.hact.org.uk
                             @HACThousing
But now…


           2010


       X          X              X

                      www.hact.org.uk
                       @HACThousing
What are you are trying to achieve? How
does it relate to your mission?

• Improvements in
  individual wellbeing?
• Increased community
  stability and resilience?

• Economic growth

• Sustainability?

• Tackling homelessness
  and overcrowding?
                                  www.hact.org.uk
                                   @HACThousing
Making the case for the housing sector




                                   www.hact.org.uk
                                    @HACThousing
Quality of evidence in sector weak

    Public sector,
ademics moving
    to Maryland
    Evaluation scale.
    Discounting low
    quality evidence.
      Not clear that
      compatible with
      relatively simplistic
      current approaches to
pturing value in        housing
ctor.

                                           www.hact.org.uk
                                            @HACThousing
No clear framework for exploring these
issues
   “At least 30 differing
    approaches to
     collecting &
     demonstrating
     social value in
     housing sector”
         Source: Snapshot survey conducted by HACT,
                    Uni of Birmingham in March 2012
                                                      www.hact.org.uk
                                                       @HACThousing
Critically, little or no evidence around the
social value of core business




                                      www.hact.org.uk
                                       @HACThousing
Proving social value going to be
increasingly important…




    …traditional SROI reporting won’t cut it
    any more
                                    www.hact.org.uk
                                     @HACThousing
A new model needed




                     www.hact.org.uk
                      @HACThousing
A possible way through

Wellbeing valuation
New approaches to
assessing value in terms
of changes in subjective
wellbeing – massive
potential for housing




                           www.hact.org.uk
                            @HACThousing
HACT research: Establishing the wellbeing
impact of housing
Generating methodology and
metrics for social value of:

-a home
-different tenures
-maintenance and home
improvement
-non-housing community
investment

                                    www.hact.org.uk
                                     @HACThousing
New tools?




             www.hact.org.uk
              @HACThousing
How might it all work?




                         www.hact.org.uk
                          @HACThousing
Priorities going forward

- Further refining the metrics

- Building the tool set to use and
  understand them

- Modeling exchequer impacts,
  local economic impact alongside



                                     www.hact.org.uk
                                      @HACThousing

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Matt leach hact

  • 1. Starting to map, forecast and model social impact
  • 2. Quick recap www.hact.org.uk @HACThousing
  • 3. It used to be so easy… 1860 1910 1960 www.hact.org.uk @HACThousing
  • 4. It used to be easy… 2010    www.hact.org.uk @HACThousing
  • 5. But now… 2010 X X X www.hact.org.uk @HACThousing
  • 6. What are you are trying to achieve? How does it relate to your mission? • Improvements in individual wellbeing? • Increased community stability and resilience? • Economic growth • Sustainability? • Tackling homelessness and overcrowding? www.hact.org.uk @HACThousing
  • 7. Making the case for the housing sector www.hact.org.uk @HACThousing
  • 8. Quality of evidence in sector weak Public sector, ademics moving to Maryland Evaluation scale. Discounting low quality evidence. Not clear that compatible with relatively simplistic current approaches to pturing value in housing ctor. www.hact.org.uk @HACThousing
  • 9. No clear framework for exploring these issues “At least 30 differing approaches to collecting & demonstrating social value in housing sector” Source: Snapshot survey conducted by HACT, Uni of Birmingham in March 2012 www.hact.org.uk @HACThousing
  • 10. Critically, little or no evidence around the social value of core business www.hact.org.uk @HACThousing
  • 11. Proving social value going to be increasingly important… …traditional SROI reporting won’t cut it any more www.hact.org.uk @HACThousing
  • 12. A new model needed www.hact.org.uk @HACThousing
  • 13. A possible way through Wellbeing valuation New approaches to assessing value in terms of changes in subjective wellbeing – massive potential for housing www.hact.org.uk @HACThousing
  • 14. HACT research: Establishing the wellbeing impact of housing Generating methodology and metrics for social value of: -a home -different tenures -maintenance and home improvement -non-housing community investment www.hact.org.uk @HACThousing
  • 15. New tools? www.hact.org.uk @HACThousing
  • 16. How might it all work? www.hact.org.uk @HACThousing
  • 17. Priorities going forward - Further refining the metrics - Building the tool set to use and understand them - Modeling exchequer impacts, local economic impact alongside www.hact.org.uk @HACThousing