What is Social Value in Tameside? Martin Duffy Consultancy July 2014

Valuing Our Communities Vision Commissioners, VCFOs, CVAT and local people will have a shared view of the ways in which social value will be created, communicated and measured in Tameside.

What is Social Value? The value of the wider impact of an activity or organisation, particularly in terms of the economic, social and environmental impact. Including positive and negative impacts Including longer term impact

Social Value: A Definition “A concept which seeks to maximise the additional benefit that can be created by procuring or commissioning goods and services, above and beyond the benefit of merely the goods and services themselves”. Chris White MP

Social Value v Best Value? Not so much Social Value v Best Value Social Value considers best value in a longer term context – taking in wider consequences, longer term impacts. Full Value?

How Social Value Will be Created? The Tameside List – things that create Social Value (positive social, economic and environmental impact). (Things that can be done by Commissioners, Voluntary, Community and Faith Organisations, CVAT and others).

How Social Value Will be Communicated? Social Value Commissioning Model Tameside Guide to Social Value Theory of Change Collaboration and Dialogue

How Social Value Will be Measured? Tameside Guide to Social Value Workshop this afternoon will look at tools in more detail. But hard to generalise.....

Local Commissioners Feedback Collective Approaches Qualitative Research (stories) Not expectation that VCFOs will do their own Cost Benefit Analysis/Social Return on Investment exercises.

Exercise: The Tameside List Look at the list: Likes Dislikes Any ????? – What is this? Not clear? Not relevant?