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“Methodology SROI & Key Stakeholders”.

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Presentation on theme: "“Methodology SROI & Key Stakeholders”."— Presentation transcript:

1 “Methodology SROI & Key Stakeholders”

2 Social Value ‘Social value’ is used to describe social, economic and environmental value. But, what is value? As value we define the value of the material changes that stakeholders experienced as a result of the under assessment social investment.

3 Τhe 7 principles of SROI is…
Involve stakeholders Understand what changes Value the things that matter Only include what is material Do not over-claim Be transparent Verify the result

4 Therefore, is necessary to assess…
Who are the stakeholders? What do they experience? Which outcomes are material? What is their value? and how much did the activity contributed to it?

5 Steps of SROI analysis Identify the analysis scope
Determination and participation of the Stakeholders involved Collection and processing of Data Impact Assessment Analysis Estimation of Social Value and SROI index Conclusions and propositions Conduction of final Report

6 SROI Analysis… Input Activity Output Outcomes
Amounts of money, volunteer time and materials needed to perform the action Input All actions taken to implement the program Activity It refers to the quantities characteristics of the activity that has taken place Output Concerning the change that comes as a result of an activity Outcomes

7 SROI = Calculate SROI… Net Present Value of Impacts
Net Present Value of Investment For example, an SROI of 3:1 indicates that for every €1 invested, the program delivers € 3 in value. (economic, social and/or environmental)

8 Who are Stakeholders ? Stakeholders are defined as people or organisations that experience change as a result of the activity, whether positive or negative. Examples of stakeholders include people who participate in projects, employees, customers, suppliers, members of the local community, partners, public sector agencies and funders or investors.

9 Key Stakeholders in our project
In order to clarify the Stakeholders in our project, R.T.S. we determine: Which people or organizations are considered to be Stakeholders? Who are the Stakeholders, which are most affected by the impact?

10 Stakeholders R.T.S. Beneficiaries Health Professionals Experts
Partners

11 Stakeholders R.T.S. Stakeholder Group Rationale Beneficiaries
Ex-Drugs users, who participate the pilot implementation Health Professionals Sport Psychologists, Teachers and Professionals in sports and physical activities Experts Researchers, Social Workers, Experts in outdoor activities, Partners All the members, who are involved in RTS, volunteers

12 Interviews / Questionnaires
Stakeholders R.T.S. Stakeholders Total number Method of involvement Location & Date Beneficiaries 14 Interviews Apr’ 19 - Trikala Health Professionals 6 Apr’19 - Trikala Experts ? Interviews / Questionnaires Sep’18 – Spain Nov’18- Volos Partners 5 On the going

13 Desired Results for Beneficiaries
Improving health Developing sports skills Improving sense of personal well-being Empowering to assess other opportunities Improving relationships with family members and friends Increase in confidence/self-esteem

14 Desired Results for Health Professionals & Experts
Improving service delivery through specific target group Improving skills and employability Improving sense of doing something for their community Feeling more helpful to others Feeling of pride and achievement to support

15 Desired Results for Partners
Gain more experience Acquire expertise Sense of achievement leads to efficiency

16 Outcomes Analysis Find appropriate indicators and financial proxies Establishing how long outcomes last There are three factors that need to be taken into consideration. Deadweight - What would have happened without the activity? Attribution - Who else contributed to the change? Displacement - Was any other activity being displaced ?

17 SROI Ratio For every € 1 invested a value of R.T.S is returned….
Total Impact 57.780,00 €

18 Thanks!


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