Nov 14, 2013 : TiESep: Nov 14, 2013 - Social Value Proposition and Impact Assessment
TiE Institute - Thursday, November 14th (6-9PM) session
How to define Social Value Proposition, measure and track it - Impact Assessment?
Learn from a pioneer in social finance, the leading expert in Impact Assessment and an actual user"s experience.
Topic: How to define social value proposition, measure and track it - Impact Assessment
What is Impact and Social Impact Value Proposition?
Social return on investment and how to build Impact assessment system to measure and monitor?
Current issues and best practices, experience and examples.
Date and Time: Thursday, November 14, 2013 from 6:00 to 9:00 pm (Pizza/Sandwich provided)
Venue: Courtesy, Fasken Martineau LLP, Bay Adelaide Centre, 333 Bay Street, 24th Floor, Toronto M5H 2T6 (Google Map)
Registration - Registration is mandatory
For In-person registration - Register Here for Nov 14
For Webcast - Register for Webcast Nov 14
Anshula Chowdhury, CEO, Social Asset Measurement Inc.
Bill Young, Founder and President, Social Capital Partners
Sandy Suranna, Executive Director, Skills for Change
Social impact assessment is of increasing importance within the sphere of "social entrepreneurship" and "impact investing" as a means to measure and monitor the social returns or social outputs of a business.
Business entrepreneurs typically measure performance in profit and return, but social entrepreneurs also take into account a positive return to society. Social entrepreneurship typically in addition to economic goal of profit also furthers broad social, cultural, and environmental goals.
More specifically, social entrepreneurs adopt a mission to create and sustain social value. Similarly impact investors are primarily distinguished by their intention to address social and environmental challenges through their deployment of capital. Criteria to evaluate the positive social and/or environmental outcomes of investments are an integrated component of the investment process.
A commitment to measure social and environmental performance with same rigor as financial performance is critical and indispensable.
The workshop will specifically focus on
What is social value, and social value proposition?
Why measure social return on Investment?
Building your own performance measurement system.
Making a commitment. What to consider before you start.
Planning to measure /audit and choose what to measure and how to measure?
Current issues in social impact measurement and review of best practice,
Share the proven techniques and examples.
Share the experience at Skills for change, with tips and advice.
Bill Young is the founder and President of Social Capital Partners ("SCP") a non-profit, social finance company started in 2001. SCP"s primary goal is to find innovative ways to provide meaningful job opportunities for people who face employment barriers. Throughout its history it has facilitated thousands of jobs for disadvantaged populations by financing a number of successful social enterprises across Canada and by providing financing and/or advisory services to for profit businesses that implement a community hiring program as part of their recruitment process. SCP facilitates the hiring of these individuals and helps ensure they have the appropriate skills to be successful employees.
Before founding SCP, Bill worked for approximately twenty years in the private sector primarily as CEO of Hamilton Computers, and Optel Communications Corp. He began his career as a Chartered Accountant and holds an Honors BA from the University of Toronto and an MBA from Harvard.
Anshula is the CEO of Social Asset Measurements Inc. SAM provides the Social Return Intelligence Suite software, which provides SROI and impact reporting. SAM"s clients include organizations such as the Centre for Social Innovation, the Trico Charitable Foundation, Alterna Credit Union, among other educational institutions, non-profits, financial institutions, and government agencies.
Anshula is co-founder and Board Member of the Youth Social Innovation Capital Fund, which is the first by-youth for-youth professional impact investing fund in Canada. Her experiences span the non-profit and for-profit in countries such as Jamaica and India. She is a recognized expert in the field and has spoken various universities and conferences throughout Canada, the States, and Europe. Anshula has also worked with a San Francisco capital market software company; her contribution assisted in commercialization in the USA. Anshula studied economics at the University of Toronto - Trinity College.
Sandy brings 15 years of executive leadership experience in the private and non-profit sector. In her leadership role as the Executive Director of Skills for Change, a not-for- profit agency known for pioneering newcomer programs that respond to shifting immigration and workplace trends and lead to employment, Surranna brings passion and dedication to ensuring that immigrants and Canadians are provided with the tools and resources to successfully enter the labor market in their chosen professions.
With Skills for Change moving into its 31st year of service to newcomers in the Greater Toronto Area, Suranna is ensuring that the agency continues to respect its vision of seeing every immigrant succeed in Canada. Surranna has an MBA in Human Resources Management (HRM) and an Hons BA in Business. Currently, she is pursuing a Master of Arts in Leadership.