Evidence required (all pieces of evidence must be Requirement Evidence provided provided) Provide a description or flow chart showing how social value data is used in decision making from operational to Board/trustee Regular level. discussion and analysis of social Minutes of board level meetings showing that social value data value data at has been discussed regularly (ideally more than once in the last board level and 12 months). operational levels of the Minutes of operational level meetings showing that impact data organisation has been discussed and analysed regularly (at least quarterly intervals over the period of at least 12 months). A table or that draws on social value data ‘proposals document’ to identify potential improvements to operations - proposals to Impact data is maximise social value. being used to identify and Minutes of a meeting showing that a range of proposals to consider areas for improve operations (based on the above document) were improvements to discussed at an operational (or board level) and decisions were operations. This made to implement at least one proposal. The minutes should leads to decisions also describe why any proposals to change operations were not aimed at implemented or put on hold. maximising the Provide a narrative example of a change to operations based on social impact of social value data. Include whether this has created additional the organisation. social value or if too early to tell, how this will be measured. (Case Study)
Requirement Evidence required (all pieces of evidence must be provided) Evidence provided Regular discussion and analysis of social value data at board level and operational levels of the organisation Provide a description or flow chart showing how social value data is used in decision making from operational to Board/trustee level. Minutes of board level meetings showing that social value data has been discussed regularly (ideally more than once in the last 12 months). Minutes of operational level meetings showing that impact data has been discussed and analysed regularly (at least quarterly intervals over the period of at least 12 months). Impact data is being used to identify and consider areas for improvements to operations. This leads to decisions aimed at maximising the social impact of the organisation. A table or ‘proposals document’ that draws on social value data to identify potential improvements to operations - proposals to maximise social value. Minutes of a meeting showing that a range of proposals to improve operations (based on the above document) were discussed at an operational (or board level) and decisions were made to implement at least one proposal. The minutes should also describe why any proposals to change operations were not implemented or put on hold. Provide a narrative example of a change to operations based on social value data. Include whether this has created additional social value or if too early to tell, how this will be measured. (Case Study)