Concurrent roundtables
Theme: Outcomes measurement and value for money
Roundtable 1.1 Conversations on measurement and public value
In this session, we will host a conversation on a diverse range of frameworks, tools and data for measuring outcomes.
The conversation will be guided by three key considerations:
- how do we define value?
- how do we operationalise value in policy programmes and decision-making?
- practical advice for policymakers and practitioners
By weaving together the conceptual frameworks and their practical applications emanating from across the world, the conversation explores the pathways for advancing thinking and practice of measuring social outcomes.
Watch the recording of this session here.
Presentations
Shweta Dey’s presentation will focus on the theme of measuring outcomes and public value and discuss potential levers to strengthen the role of public finance in value creation. Drawing on …
Shweta Dey
New South Wales Treasury
This paper focuses on:
a) understanding complex needs, the data that shows/locates that need, and how the data needs to be triangulated across agencies,
b) understanding the socio-economic dimension of …
Stan Gilmour
Thames Valley Police
UEF//House of Effectiveness have together with Sosped Centre and Hospital district of Centre Finland Health Care created an evidence-based evaluation tool for assessing monetary impact of social quality.
The social …
Miikka Vuorinen
Sosped Center
Tomi Mäki-Opas
UEF
The presentation attempts to open the black-box of the depoliticized “impact narrative” ostensibly promoted by international organizations. Although the notion of impact has been progressively established as the silver bullet …
Mathilde Pellizzari
FAIR & Centre de Sociologie de l’Innovation, Mines Paris
Over the last two decades, UK organisations initially from the first and third sectors, but increasingly also from the second and fourth sectors, have had to respond to societal concerns …
Diana Bozhilova
Northeastern University London
Following the launch of the world's first Social Impact Bond (SIB) in Peterborough in the United Kingdom in 2010, SIBs have been deployed in reducing reoffending across many countries. However, …
Reiji Ikeda
Ministry of Justice of Japan
The Output-Outcome Monitoring Framework (OOMF), being implemented by Government of India, represents a step towards outcome-based monitoring. This is a paradigm shift from measuring simply physical and financial progress, to …
Akhilesh Kumar
Monitoring and Evaluation Office (DMEO)
Bijeta Mohanty
DMEO
The Crown Land estate in New South Wales (NSW) is a vast portfolio of more than 580,000 parcels of land covering some 34 million hectares that equates to 42 per …
Dr Nandita Das
New South Wales Government
Chair:
Dr Mara Airoldi
University of Oxford
Chair
Theme: Outcomes-based contracting
Roundtable 1.2 Fit for purpose? Stretching and flexing the impact bond model: evidence and insights from across the world
No two impact bonds are the same. As more organisations are embracing this funding model, we are seeing it used flexibility to address a wide array of social challenges in often very different social, economic and political systems. This has significant consequences for the way impact bonds are designed, implemented, and evaluated. What are the key features or ‘active ingredients’ of impact bonds that are being stretched as projects are being developed in new contexts?
This interactive roundtable discussion will take stock of the latest practice in the adoption of impact bond approaches across the globe, and explore with a diverse set of experienced practitioners, policymakers and scholars the ways in which this innovative funding tool is being adapted to respond to different country and policy contexts. How are policymakers and practitioners seeking to use the impact model in new geographies and policy areas? And what can we learn from these impact bond iterations about mechanisms of change and future sustainability, beyond the life of a particular project.
Watch the session recording here.
Dr Eleanor Carter
University of Oxford
Abha Thorat-Shah
The British Asian Trust
Dr Chih Hoong Sin
Independent
Chair
Presentations
Social impact bonds (SIBs) are often conceived of as a single commissioning model, but in reality they take many different shapes and sizes.
What different forms do they take, why, …
James Ronicle
Ecorys
Neil Stanworth
ATQ Consultants
We all talk about the details of Social Outcomes Contracts, but what if the concept is not just completely new to you, but to your whole country? Where do you …
Björn Vennema
Social Finance NL
Lisa Jansen
Social Finance NL
The speakers will present the genesis, the key challenges (and related strategic and operational solutions) and the solutions adopted to deliver a public-private initiative for financing a work inclusion project …
Filippo Addarii
PlusValue
Vincenzo Lo Cascio
Italian Ministry of Justice
In this discussion, representatives from the UNESCO Sport Section will share insights from their experience developing pilot projects designed to build international capacity and awareness of outcomes-based financial instruments. These …
Daniel Greenways
UNESCO
Our understanding of what SIBs ‘are for’ and what ‘good’ looks like is starting to change. However, this understanding still tends to be rooted in the contexts in which they …
Tim Bidey
Traverse
Nancy Fouad Merheb
Overview of the project and relationship to core conference themes
The NSW Ministry of Health, in collaboration with the Office of Social Impact Investment (OSII), is delivering two health-related social …
Samantha Reid
NSW Ministry of Health
Miranda Lee
NSW Treasury
The Village Enterprise Development Impact Bond was a pilot outcomes fund aiming to prove that it is possible to tie donor payments to poverty outcomes and that doing so can …
Celeste Brubaker
Village Enterprise
Research question and main issue addressed:
Critical elements in social impact bonds (SIBs) are often ‘stretched’ during their development, meaning that projects tend to resemble conventional approaches to commissioning and …
Mikkel Munksgaard Andersen
Copenhagen Business School
To date, 204 impact bonds have been launched in 31 countries. As the impact bond market matures and a growing number of contracts conclude, researchers are increasingly asking: What comes …
Hilary Olson
University of Southern California
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