The evidence from our work indicates that some social enterprises are struggling to identify the full social value of their work. Others are under-reporting the social value they are already achieving.
We have put together a short guide to help you examine your contracts, services and activities and identify the different kinds of social value that they create. It expands on some of the issues we described in this post.
We think a lot of social enterprises are selling themselves short in failing to include social value as a standard element of their reporting to funders, commissioners, clients, stakeholders and supporters. The aim of this guide is to encourage more social enterprises to be proactive in reporting on social value — even if commissioners are not asking you for this information.
BSSEC gratefully acknowledges the financial assistance of The Barrow Cadbury Trust, which has funded this work.