Libraries are dangerous places...
They're full of ideas, inspiration, encouragement, excitement, reassurance, and comfort;
Full of stories of worlds that have been, could be, and are still to come;
Places for people to meet, to plan, to escape;
Shelves loaded with adventures, sadness, and hope;
Libraries are places of revolution and refuge - they allow us to redefine and reshape ourselves and our communities.
They are our stronghold against injustice and tyranny, our celebration of how far we've come.
When was the last time you dared to spend time in a library?
Monday, May 12, 2014
Friday, May 2, 2014
why social accounting encourages us to delude ourselves...
I've been thinking a lot about approaches and issues
relating to social accounting/impact reporting lately – perhaps because it’s
about that time of year when I publish my own latest annual report! (and to my knowledge, am still the only freelance consultant on the planet to do so...)
A regional enterprise support agency asked me in conversation recently about one of the
measures I report on in my framework: the percentage of my turnover that I
directly reinvest in my own CPD – they wondered why I'd measure that, rather
than simply keep a log of all my CPD activity (which I also do!). And I think my
answer surprised them: it’s so I know how well I'm actually doing in respect of CPD - keeping a log of
activity only helps me understand what works for me, it doesn’t allow me to
compare how I'm structuring what I do in relation to my counterparts – and in
regard to CPD, there are benchmarks from bodies such as the CIPD who I can look
at to consider if I’m investing more/less than the market norm.
Without being able to compare the findings of our social
impact reports, how confident can we be in what we think they tell us about
ourselves? I can create measures and standards that will generate what seem to
be impressive figures and statistics, but they're only really impressive if I
can compare them against other peoples'...
And that’s where most of the approaches to reporting social value/impact/accounting
come unstuck – while there may be standardisations of overarching methodologies, the way they're
enacted can vary incredibly between organisations who adopt them: I know of one
instance where 2 homeless charities compared their impact by both using Social Return on Investment (SROI) –
one seemed to be clearly outpacing the other in terms of the final calculated financial ratio,
but in comparing their ‘workings out’ it became clear that this was because they'd not been consistent, with one counting far more stakeholders and outcomes than the other had...
Unless we use measures in our social impact reporting that
have a consistent applied methodology and can generate data which we can directly compare
against others' in the confidence that they've measured it in exactly the same
way – any social impact report we create falls short of its true potential in
helping us to decide how well we really are doing in the world beyond the
inside of our own heads, and as such lacks credibility with others (such as commissioners, investors, etc...)
Labels:
CPD,
impact,
investment,
learning,
management,
markets,
research,
social accounting,
statistics,
success
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