At a time when available resources for revision are highly constrained, providers have increased freedom to define their activities. This makes it more important than ever to demonstrate the full impact of what we do as an organisation, and justify decisions to invest in one area of provision as opposed to another.
LSIS is working with the new economics foundation (nef) to help providers in the sector to measure outcomes which are traditionally difficult to measure – the value as experienced in communities and by learners. By the end of the year, with the involvement of several partners in the sector, LSIS will have developed an adapted Social Return on Investment measurement tool for the FE and Skills sector. Organisations who participate in this workshop will be invited to be part of the pilot cohort that will benefit from calculating the social value of the role they play. SCOLA’s Principal, Saboohi Famili, is attending this event in Coventry today.
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