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22 November 2016
Integrated Thinking: The reality
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South Africa over the past few months
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The Customer at the center…
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Organisations are complex and require “Integrated Thinking”
•Market perception
•License to operate
Financial Capital
•Supply chain optimisation
•Supplier development
•Skills development
Manufactured Capital
•Knowledge management
•Talent management retention
Intellectual Capital
•Congruent with context
•Responsible employer
•Market perception
•Marketing and communications
Social Capital
•Environmentally conscious
•Scarcity of resources
Natural Capital
•Employee engagement
•Talent acquisition
•Change management
•Skills development
•Leadership development
Human Capital
Integrated Thinking
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#FeesMustFall
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The result is an understanding of the theory of change for each stakeholder group and an index that compares monetised outcomes to the investment required to generate it.
SROI is a method for understanding, measuring and reporting on the value that is created by an organisation, an initiative, activity or service.
It attributes a value to each outcome using stakeholder engagement, research and common accounting and investment appraisal methods.
Social Return on Investment (SROI)
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1. Establish scope & identify
stakeholders
2. Map outcomes
3. Evidence outcomes
4. Establish impact
5. Calculate the SROI
6. Report, use and embed
SROI Process
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The Impact Calculation
xImpact = Financial Proxy
Displacement%
x x x
What would have happened anyway?
What can be attributed to
others?
Does the outcome reduce in
future years?
What activity did
we displace?
A financial estimate assigned to a social
value
Deadweight%
Attribution%
Drop-off%
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The SROI Ratio
The 702 Sun International CEO SleepOutTM 2015 most definitely achieved its’ objective
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The results of an SROI analysis is more than just a report
NumbersFacts
Evidence
StoriesPeopleFaces
ParametersOptimisation
Impact
Report, Use and Embed
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SROI in the mining industry
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Sustainability@IQ
For further information on this material, please contact:
Stephen Smith Phone : + 27 11 259
4000Mobile : +27 83 442
7423ssmith@iqbusiness.net