Unlocking the Power of Social Value

I have been involved in community for the last quarter of a century and have always known that engagement at the local level is a key factor. Before formalised processes were in place, this principle held true in Ireland. Now, working in the UK with Unique Support Hub, I’ve embraced the Social Value Act of 2012. This transformative framework demands organisations seeking public funds to contribute to local well-being while delivering services.

Social value creates opportunities to foster inclusive and sustainable communities. For small organisations like ours, understanding and aligning with these principles is essential to provide quality services and achieve strategic goals.

Understanding the Social Value Act

The Social Value Act requires public authorities to consider how services they commission can enhance community well-being. This goes beyond delivering core services, encouraging initiatives like local employment, environmental sustainability, and community resilience.

While primarily targeted at public sector procurement, private companies and small organisations are increasingly expected to demonstrate their contributions to social value outcomes. This requirement fosters a mindset of public benefit alongside financial sustainability.

Main Themes of Social Value

Social value can be categorised into three main aspects:

1. Social Impact

• Promoting equality, diversity, and inclusion.
• Supporting disadvantaged groups and fostering community partnerships.

2. Economic Impact

• Encouraging local hiring and supporting small businesses.
• Providing training programs and employability pathways.

3. Environmental Impact

• Reducing carbon emissions and promoting sustainability.
• Minimising waste through recycling and circular economy initiatives.

How Small Organisations Can Adapt and Thrive

Integrating social value into operations and bids can be challenging for small organisations, but it’s achievable with thoughtful planning. Here are practical steps:

1. Understand Local Priorities

• Engage with commissioners to align with their social value goals.
• Study local authority policies to identify community needs.

2. Be Specific and Measurable

• Commit to actionable targets and measurable outcomes.
• Develop KPIs to track and report progress.

3. Leverage Partnerships

• Collaborate with local charities and businesses to enhance impact.
• Consider joint ventures to scale social value initiatives.

4. Embed Social Value in Operations

• Adopt inclusive hiring practices and environmentally friendly operations.
• Build a culture of social responsibility.

Developing Cost-Effective Social Value in Bids

Practical actions include:

1. Focus on High-Impact, Low-Cost Initiatives

• Offer mentorship programs or workshops to local groups.
• Volunteer time or resources to support community projects.

2. Highlight Unique Strengths

• Showcase existing initiatives aligned with social value themes.
• Emphasise local knowledge and community connections.

3. Demonstrate Innovation

• Propose creative solutions to address community challenges.
• Use technology to enhance efficiency and impact.

The Benefits of Embracing Social Value

• Increased Competitiveness: A strong social value proposition sets you apart.
• Enhanced Reputation: Builds trust within the community.
• Long-Term Sustainability: Contributes to resilient communities.
• Stronger Partnerships: Creates opportunities for collaboration.

Call to Action: Building a Better Future Together

The Social Value Act inspires us to create lasting positive impacts. Whether bidding for contracts or commissioning services, let’s use this opportunity to build inclusive, thriving communities.