This report deals with the outcomes and value created as a consequence of an advanced SROI training course in Sweden 2011. It was carried out as a part of the European Social Fund project SOUL (a Swedish acronym for development and learning within organisations of the social economy) during the period January up until June. The aim was to give the participants supportand increased confidence in carrying out an SROI analysis, and also increase the spread of SROIas a method within the social economy.
The course was divided into four sub‐courses, all with the same structure; during five training sessions and through individual support, the learning about SROI was deepened. A large part ofthe course was based on the SROI analyses that were carried out by the participants. A total of 63 people participated, divided into 28 groups carrying out one SROI analysis each. However, at the last training session, none of the 28 groups had completely finalised their analysis. Some were nearly finished, some had come a long way while others had barely started. The lastmentioned group had nevertheless participated actively during the training sessions.
The analysis at hand is funded by the SOUL project. The project ended January 15th 2012, and this SROI report will be used as part of the project’s final report. Therefore, the aim of the analysis is to enhance the outcomes and values created by the course. Especially since it the can be used as a base in the discussion about the value creation from the project as a whole.
The analysis shows that material change has occurred for seven stakeholders: the courseparticipant, the course participants’ organisations, the coordinators and project manager withinthe SOUL project, the course leader, the hotel and restaurant sector, the transport sector and the environment.
The outcomes for these stakeholders can be divided into five overall categories. The course has resulted in (1) increased knowledge and confidence in SROI, and (2) increased social networksfor several stakeholders. For a couple of stakeholders, the course has led to both temporary andmore permanent changes (both positive and negative) related to (3) the participants’ worksituations. For the commercial stakeholders affected by the course, a (4) financial surplus hasoccurred due to sales of services to the SOUL project. The sales have in turn affected theenvironment; travelling, staying at hotels and eating out have resulted in (5) greenhouse gasemissions, and have therefore had a negative impact on the environment.
In total, the course has created value for stakeholders that amount to just over 1.5 million SEK; course participants being the stakeholder receiving the largest part (90 percent). Putting the total benefits against total inputs (just over 1.4 million SEK), one gets a SROI ratio of 1:1 (1,05:1), i.e. the course has not really created any added value yet. The main reason for this is that the period of analysis just covers six months, and at the point of measurement (end of July) all of the benefits had not yet occurred. Particularly, this is the case for the participants´ ownorganisations and probably the participants within the different objects of analysis.
However, this is not unique for this course; in a lot of cases similar patterns emerge. It takes time to implement new ideas. However, the fact that the total benefits of the advanced SROI training course have already covered the total costs of it is something positive. That means that all outcomes created from early July 2011 and forward is a strict benefit surplus, and the feeling is that the surplus will be substantial!
Linköping: SERUS , 2012. , 82 p.