Monday 03 February 2014

Jeremy Nicholls, CEO of the Social Return on Investment (SROI) Network will hold a 2 day training session in Manila from 19 – 20 February at the Discovery Suites, Ortigas Center, Pasig.

The 2 day training session will cover an introduction to SROI and measuring social value. SROI is an approach to understanding and managing the value of the social, economic and environmental outcomes created by an activity or an organisation. It is based on a set of principles that are applied within a framework. 

SROI seeks to include the values of people that are often excluded from markets in the same terms as used in markets, that is money, in order to give people a voice in resource allocation decisions. SROI is a framework to structure thinking and understanding. It’s a story not a number. The story should show how you understand the value created, manage it and can prove it.

Jeremy Nicholls became the chief executive of the Social Return on Investment (SROI) Network in 2008. Starting his working life as an accountant, his work has increasingly focused on understanding and managing the value of the impact of organisation’s activities. He set up the Cat’s Pyjamas running events to promote the value of social enterprise and shortly after started working on the development of SROI. He wrote’ There is no business like Social Business’ with Liam Black and co-wrote the UK Government supported ‘Guide to SROI’ He is the chair of FairPensions, a director of the FRC Group - a social business based in Liverpool and a director of Social Evaluator - an online platform for the analysis of social returns. As an occasional lecturer he has lectured at several Universities including Saïd Business School at Oxford University, Cambridge University and the University of Western Australia.

The 2 day training session will be co-facilitated by Vince Rapisura and Edwin Salonga from the Social Enterprise Development Partnership Inc (SEDPI). Vince and Edwin are practicing social entrepreneurs and are both professors at the Ateneo de Manila University.

About the British Council

The British Council is the UK’s international organisation for educational opportunities and cultural relations. We create international opportunities for the people of the UK and other countries and build trust between them worldwide. 

We work in more than 100 countries and our 7,000 staff – including 2,000 teachers – work with thousands of professionals and policy makers and millions of young people every year by teaching English, sharing the Arts and delivering education and society programmes.

We are a UK charity governed by Royal Charter. A core publically-funded grant-in-aid provides less than 25 per cent of our turnover, which last year was £781m. The rest of our revenues are earned from services which customers around the world pay for, through education and development contracts and from partnerships with public and private organisations. All our work is in pursuit of our charitable purpose and supports prosperity and security for the UK and globally.