Kāpuhipuhi Wellington Uni-Professional’s Post

Social investment is about achieving outcomes for communities through intelligent investment, backed by data, and evidenced-based decision making and policy design. Herwig Raubal explores this is more detail and what are the steps that should be taken to create the conditions and develop an environment so that the benefits of social investment can be realised. To get started consider these four steps: 1.     Adapt governance 2.     Develop integrated ministry and agency partnerships 3.     Understand the maturity of local partners 4.     Invest in data and analytics #socialinvestment #buildingabetterworkingworld #ey

Earlier this year we published Social Investment in Action, which looked at the return of #socialinvestment and examined what had changed, what we (here in Aotearoa and elsewhere) have learned since 2016 about what works, and what the "social investment 2.0" opportunity looked like. Since then we have had some key actions and announcements that align to our findings - like the fund, the SIA role in commissioning for "top of the triangle" cohorts, and the powering up of SIA as a central agency to have the muscle and mandate to look across the entirety of public sector social (in its broadest sense) spend. So now what? We have released two new papers that ask exactly that in two fronts that we think are critically important. Each looks at how we are doing, and sets out pragmatic steps that we can take to get there. The first is investment management. We keep using the word #investment, but largely what we are talking about delivering is a more strategic approach to how and were we spend government money. Doubtless important. But investment means being clear what outcomes we are seeking to achieve, who and where we will invest in. Investment means getting into early intervention and prevention (where the greatest returns are to be had - but the longest payback period) - not just for those already in crisis. The second is outcomes-based #commissioning. OBC is the global gold standard in commissioning in health and social services, and a core pillar for social investment for good reasons. Delivering through partners is a cornerstone of effective social services, particularly where they can be more nimble, more holistic and - of course - more trusted. OBC provides a more flexible, higher-trust approach to doing this, in theory enabling greater service effectiveness and innovation. But shifting to OBC has been part of the plan for a long time and it's hard - it's a big shift for #commissioners and #providers. You can read both of these points of view - and our original report - here https://lnkd.in/gj-Si5yA. And at the risk of spoiling everyone so close to Christmas (you're welcome) in the new year we will be releasing a view on a third plank that we think will change the game - the digital infrastructure that supports a whole-system shift to putting reliable, timely and joined-up data into the hands of funders, commissioners and providers. Miriam Dassanayake Jo Malcolm-Black, EMBA Benjamin Murray Stephanie Voight Darlene Rastrick Craig Churchill (FCILT) Rachael Jagger Aphra Green Alistair Mason Donna Provoost Fleur McLaren Lisa Tai Kara Smith Shanelle Partridge John Cook Hope Simonsen Gemma Bateman Callum Ellwood James Norman Robert Perry Shaheen Junge Adithi Pandit Jane Fraser-Jones Luke Collier Rory Matthews Kevin Ross Anthony Ruakere Kate Sutton Silvia Zuur Jacqui Rolleston-Steed #socialinvestment #systemicinvesting #outcomesbasedcommissioning

The intertwining of social value and operational performance is an exciting opportunity for community & social investment professionals . Read more in our latest article: https://lnkd.in/gqdrFkvi   #socialvalue #communityinvestment  @Social Value Canada

Want to shape the future of social investment in Aotearoa? Here's your chance! Bring your voice to the table, submit your questions when you register or ask them live during the webinar.

💭 What does the future of social investment look like? Rather than transactional, it must be relational. “Relational logic represents a shift from this linear approach, and the good news is that its practice is growing globally. Funders still expect teams to deliver on what they propose, but there's an element of trust and flexibility that transforms the dynamic. This logic recognises that both sides bring different yet complementary experience and expertise. It acknowledges that those on the ground are best placed to know how to use the resources and may need to adapt plans to address unforeseen challenges. Mobilising through the creation of human relationships may seem like a small detail — but it radically transforms the quality of interaction.” Read the full article by Renata Minerbo ON MATERNITY LEAVE, Head of Community & Partnerships, originally published in Portuguese by our network channel, GIFE, association of private social investors in Brazil. 👉 https://lnkd.in/es-6-EaG #socialinvestment #relationalfunding #trustbasedphilanthropy 

Great write up by EY's Herwig Raubal on NZ getting the best return on social investment. I love Herwig's holistic approach that complex social problems are bigger than a single government agency's remit and that cross-agency and public-private social investment solutions are needed. Some great international examples of public-private social investment programmes that create 'win-win-win' outcomes https://lnkd.in/gWQeMrmz. #socialinvestment #socialservices #crossagency #newzealandgovernment

📢 Check out our latest newsletter featuring important updates. We've launched the Social Enterprise Development Initiative (SEDI) capability building grants and we share news on system-level investing, education programs and global impact events. #impactinvesting #socialenterprise #systemlevelinvesting

Three years after the Adebowale Commission called for urgent reform, Social Enterprise UK’s latest report highlights both progress and ongoing challenges in the UK social investment sector. 'The Adebowale Commission Three Years On: A Report Card' highlights areas where more work is needed, particularly in improving access for Black-led social enterprises and ensuring the system serves social businesses as effectively as possible. At the same time, Stephen Muers, CEO of Better Society Capital, noted that steps have been taken to address inclusion and support social enterprises during challenging times. These include supporting the flow of £2 billion in social investment and introducing financial products tailored to meet the needs of social enterprises. Collaboration across the sector remains critical as we continue working toward a fairer, more inclusive social investment ecosystem. Read the piece by Pioneers Post 👉 https://lnkd.in/dGtyR586 #SocialInvestment #Collaboration #Equity #SocialImpact

We wanted to share this great blog from Tom Colborne, Esmée Fairbairn Foundation's Social Investment Portfolio Manager, highlighting how its social investment plans will support a fairer future. Read how they are making an impact in three key areas: Children and Young People’s Rights, Gender, Migrant and Racial Justice, Using Art and Creativity to make change. #socialinvestment #impact #changinglives #fairerfutures

💡 With over $70 billion invested annually into social services, are we achieving the outcomes we need? It’s clear to many we need a fresh approach to drive better results. The announcement of a new standalone Social Investment Agency, led by Social Investment Minister Nicola Willis MP, marks a significant step in creating change for our most vulnerable New Zealanders. Having led disruptive health services for at risk rangatahi, I am hopeful about this initiative. The focus on evidence-based practices and innovative solutions is crucial for driving real, measurable improvements. In my view, this initiative has the potential to create meaningful change across our communities, addressing interconnected issues such as health, justice, education, and justice. Collaboration = Impact Evidence based = Outcomes Innovation = Transformation #croganconsulting #governingwithimpact #socialInvestment Come visit my website croganconsulting.com https://lnkd.in/gef-GG7u