To carry out an SROI you will have to go through the following stages:
- establishing scope and identifying key stakeholders
- mapping outcomes
- evidencing outcomes and giving them a value
- establishing impact
- calculating the SROI
- reporting, using and embedding
The guide to Social Return on Investment provides step by step support and advice for each stage for those wishing to undertake an SROI analysis.
The interactive presentation above is an aid intended to be used as a reference and to explore the stages involved in using an impact map. The presentation lasts about 15 minutes.*
Wheels to Meals is a charity that developed from a meals on wheels service provided by volunteers. Increasingly, it realised that its clients not only needed the good hot meals it provided but, equally important, the contact and socialising with the volunteers who brought them.
The full SROI analysis using the Wheels-to-Meals example is available from the SROI guide which you can download here.
*Remember that this is a fictional example and is not intended to be a full analysis of scope.