This is a 6 part blog series on strategising, planning, budgeting, and implementing social value. The aim is to present the key principles of efficient, meaningful and commercially viable social value delivery. Every company has inherently valuable resources and these can be harnessed to produce social value. Resources will vary depending on the industry and
#4 VCSEs as Supply Chain Partners
This is a 6 part blog series on strategising, planning, budgeting, and implementing social value. The aim is to present the key principles of efficient, meaningful and commercially viable social value delivery. Rethinking the Role of VCSEs It is time to radically rethink the traditional concept of supply chain partners and include VCSEs. Companies use
#5 Data Collection and Reporting
This is a 6 part blog series on strategising, planning, budgeting, and implementing social value. The aim is to present the key principles of efficient, meaningful and commercially viable social value delivery. Social value requires cross-department collaboration. The usual social value cycle contains different phases, ranging from bid readiness to bidding, to actual delivery and
#6 Budgeting and Governance
This is a 6 part blog series on strategising, planning, budgeting, and implementing social value. The aim is to present the key principles of efficient, meaningful and commercially viable social value delivery. Budgeting and governance can be the most logistically challenging elements of social value but strategic planning and understanding the responsibility of different roles
IMPACT ON THE GROUND: Creating social value through hiring prisoners and ex-offenders
In the UK, there are over 85,000 prisoners, with around 50,000 of them being between 20 and 40 years old, a prime working age. However, only 4% of prisoners secure employment within six weeks of their release, contributing to high reoffending rates. Companies have the opportunity to create significant social impact by partnering with charities
SOCIAL VALUE CORRESPONDENCE FOR LOCAL AND CENTRAL GOVERNMENTS
We at whatimpact.com hope you enjoyed the summer and are looking forward to the busy Autumn period. Social value in public sector procurement has now been a mandatory requirement for several years and the new Procurement Act coming into action next month will enhance it even further. whatimpact has launched three white papers, over three