SROI Case Studies Employment creating social enterprises – ENTERPRISE AIMS KEY LESSONS LIMITATIONS Food Connect To understand and value The SROI process and Lack of understanding of Brisbane the impact on its analysis enabled FCB to what constitutes a “good stakeholders given its objectively and result” made it difficult to Food distribution growth plans – Forecast independently validate the compare with SROI. (Funding agreement impact they created and organisations or with investor) intend to create. benchmarks. SROI was resource intensive due to limited data collected in the past. STREAT Forecast SROI analysis to SROI analysis confirmed It considered outcomes in develop a the value of STREAT’s isolation and did not fully Assists homeless & measurement/evaluation employment support capture their disadvantaged youth framework to identify data approach and created find long-term and to collect and the social, baseline data for their meaningful Due to the forecast nature economic and measurement and employment. it was difficult to engage environmental impact. evaluative framework. with some stakeholders and they were excluded. SROI analysis did not represent the full potential impact. People Power To understand the costs Identified the most No limitations indicated. Cleaning (PPC) associated with providing significant support costs support to marginalised were training and on-job Provides employment employees. supervision. Provided a to refugees and credible and transparent migrants at risk of (As part of a funding justification for funding an mental health issues agreement with investor) additional employee. who face employment barriers. Tasty Fresh Part of funding agreement Identified the real costs The timing of the analysis Community Catering with investor. associated with achieving was not ideal. the social mission, many of Provides support, To understand the costs The results would be more which had been training and job associated with providing useful had the process underestimated and not opportunities for support to marginalised been conducted when accurately factored into underprivileged employees. there was more clarity forward projections. women. around forecast growth and revenue targets. Source: Adapted from Investing in Partnerships (IIP) 2012, Social Return on Investment. Lessons Learned in Australia prepared for Investing in Impact Partnership. Appendix 4 (cont’d) SROI Case Studies Employment creating social enterprises –
SROI Case Studies – Employment creating social enterprises ENTERPRISE AIMS KEY LESSONS LIMITATIONS Food Connect Brisbane Food distribution To understand and value the impact on its stakeholders given its growth plans – Forecast SROI. (Funding agreement with investor) The SROI process and analysis enabled FCB to objectively and independently validate the impact they created and intend to create. Lack of understanding of what constitutes a “good result” made it difficult to compare with organisations or benchmarks. SROI was resource intensive due to limited data collected in the past. STREAT Assists homeless & disadvantaged youth find long-term and meaningful employment. Forecast SROI analysis to develop a measurement/evaluation framework to identify data to collect and the social, economic and environmental impact. SROI analysis confirmed the value of STREAT’s employment support approach and created baseline data for their measurement and evaluative framework. It considered outcomes in isolation and did not fully capture their Due to the forecast nature it was difficult to engage with some stakeholders and they were excluded. SROI analysis did not represent the full potential impact. People Power Cleaning (PPC) Provides employment to refugees and migrants at risk of mental health issues who face employment barriers. To understand the costs associated with providing support to marginalised employees. (As part of a funding agreement with investor) Identified the most significant support costs were training and on-job supervision. Provided a credible and transparent justification for funding an additional employee. No limitations indicated. Tasty Fresh Community Catering Provides support, training and job opportunities for underprivileged women. Part of funding agreement with investor. To understand the costs associated with providing support to marginalised employees. Identified the real costs associated with achieving the social mission, many of which had been underestimated and not accurately factored into forward projections. The timing of the analysis was not ideal. The results would be more useful had the process been conducted when there was more clarity around forecast growth and revenue targets. Source: Adapted from Investing in Partnerships (IIP) 2012, Social Return on Investment. Lessons Learned in Australia prepared for Investing in Impact Partnership. Appendix 4 (cont’d) SROI Case Studies – Employment creating social enterprises
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