An introduction to the global value exchange | www.globalvaluexchange.org

Contents

Timetable

10:00 - Context10:05 - FAQ’s About GVE10:10 - Technical Details10:25 - Tutorial: Getting started10:40 - Big Announcement10:45 - Questions

Context: Introducing Ben

Employed by The SROI Network

Develop the Global Value Exchange

“Information Researcher & Coordinator (Social Accountability)”

ben.carpenter@thesroinetwork.org | +44 (0)151 703 9229 | @GlobalValEx

Context: Origins & Relationship with The SROI Network

How it began...> Early 2010: a joint project between The SROI Network and the Scottish Government Organisation. Mapping of all the social & environmental outcomes – with indicators and crucially valuations. > March 2011 first version of a database was completed in. Concept of a crowd sourced online resource began: WikiVOIS born.

> 2013 The SROI Network secured funding from Nominet Trust. > December 2013 re-branding and re-launch of GVE

Site development is overseen & led by a committee of impact measurement experts, academics and practitioners. They represent a range of organisations including

The Global Impact Investment Network, New Philanthropy Capital and Local Gov UK.

FAQ’s: About The Global Value Exchange

What is the Global Value Exchange?

It is a crowd sourced database ofimpact measurement information

It is a FREE resource

It is your resource

It consists of entries: Stakeholders, Outcomes, Indicators & Valuations

Context: Origins & Relationship with The SROI Network

How does it work?Users of the site will do three things:

Browse• Search for useful

information• A starting point for further

research

Interact• Rate entries• Leave a comment & start

debates• Share whether you have

used the information

Add• Add your own new entries• Make connections

between entries• If you are an SROI Member

you can edit entries

Context: Origins & Relationship with The SROI Network

Why does the GVE exist? Aims

1.) To empower stakeholders2.) To develop a common language3.) To provides greater consistency to measurement and evaluation practice4.) To bridge the gap between researchers and those delivering change

Find out more

Context: Origins & Relationship with The SROI Network

A movement…

The Global Value Exchange

Upload Outcomes, indicators and valuations as they are collected developed and used

Commissioners, Funders, policy makers

Create frameworks of outcomes & indicators. Release research about valuations

Service Delivery Organisations

Context: Origins & Relationship with The SROI Network

Who is using the Global Value Exchange?

Aimed at: “anyone who wants to measure the social and environmental value of their activities”Individuals & Organisations >< Across a range of sectors

Find out how & why you should use the site

•The SROI Network has almost 900 members worldwide•880 different visitors to the site each month•1200 hits – across the world•Registered users since site re-launched 180

Organisations using it too such as LGA, NPC, BSC & IRISHousing Associations, Corporates who have joined the Social Stock ExchangeSupported by Social Impact Analysts Association, New Economics Foundation etc

View all supporters of the site

Technical Information: Stakeholders

Defined as:

An individual or group of individuals who are in some way affected by an activity

Other terms: Beneficiaries

Total number on the site*: 70 entries

Example:

http://www.globalvaluexchange.org/stakeholders/homeless-people/

*Correct as of 2nd February 2014

Technical Information: Outcomes

Defined as:

An outcome is what is actually changing for the stakeholder as a result of an activity.

Other terms: NOT to be confused with outputs! Outputs are the services, products or facilities provided by an organisation

Total number on the site*: 924 entries

Example:

http://www.globalvaluexchange.org/outcomes/truancy-and-exclusion-from-school-%28change-in%29/

*Correct as of 2nd February 2014

Technical Information: Indicators

Defined as:

An indicator measures how much of that change has occurred for that stakeholder. Not just whether it has happened or not. Crucially, indicators can be objective (based upon facts) or subjective (based on someone’s opinion)

Other terms: Metrics, Measures

Total number on the site*: 886 entries

Example:

http://www.globalvaluexchange.org/indicators/activities-outside-the-home,-for-example-membership-of-clubs-or-volunteering/

*Correct as of 2nd February 2014

Technical Information: Valuations

Defined as: Outcomes have different levels of importance to stakeholders. These levels are reflected in the value that stakeholders place on each outcome. Economic value is the most commonly used and understood valuation of things and so we use financial proxies to express relative value of an outcome to that stakeholder.

Other terms: N/A but there are a number of different types of valuations which rely on a different approach & methodology.

Learn more about valuation hereTotal number on the site*: 737 entries

Example: http://www.globalvaluexchange.org/valuations/truancy-%28missing-at-least-five-weeks-of-school-per-year%29/

*Correct as of 2nd February 2014

Technical Information: Outcome Groups

Defined as:

An outcome group is a way of classifying the entries on the site. There are many different taxonomies that exist. This is the one we have chosen to use

Other terms: Outcome Domains, Areas, Buckets

Total number on the site*: 9 outcome groups.

Example:

Click here to view all

*Correct as of 2nd February 2014

Technical Information: Chain of Events

Defined as:

A chain of events allows users to make connections between outcome entries. The nature of change is that one change will lead to another. This must be a sequence of events that has been observed and can be proved with some evidence.

Other terms: N/A ‘Theory of Change’ is a commonly used term at the moment. A chain of events on the GVE may be a part of an organisations theory of change.

Total number on the site*: approx 300

Example:

http://www.globalvaluexchange.org/outcomes/frequency-of-truanting-%28change-in%29/*Correct as of 2nd February 2014

Technical Information: Outcome Matrix Table

Defined as:

An Outcome table is a way of visualising a set of outcomes that are used by an organisation. The table is configured by stakeholder and outcome group and allows users to quickly browse all of the outcomes from one organisation.

Other terms: N/a – please contact us to discuss creating your own matrix table.

Total number on the site*: 8

Example:

http://www.globalvaluexchange.org/outcome-matrix?o=Big%20Society%20Capital%20%282014%29

*Correct as of 2nd February 2014

Technical Information: Full Entry Sets Vs Incomplete Entry Sets

Defined as:

A full entry set is when all five steps of the adding process have been achieved and connections have been made between an outcome; a stakeholder; an indicator a valuation and a chain of events

An incomplete entry set is simply when some but not all of the above have been completed. For example there could be an outcome that is linked to a stakeholder and an indicator but if it has not yet got any valuations associated – it remains an incomplete set.

Total number on the site*: no complete sets yet because this is a new feature

Example: View Incomplete Sets & Complete Sets*Correct as of 2nd February 2014

Technical Information: Approved Entries Vs Unapproved Entries

Defined as:

All entries on the sites are un-approved until they are tested against the GVE Protocols. Once an entry has met the criteria set out in the protocol, it can be given a status of Approved

Total number on the site*: very few

Example:

View the Protocols

*Correct as of 2nd February 2014

Tutorial: Getting Started

Browsing

Tips on how to search for the information you need!1. Broad search & filter2. Individual searches via the browse tab and utilising the 3 filters

Tutorial: Getting Started

Interacting

All visitors to the site must create an account to be able to interact with the content

Create an account

1. Leaving a comment2. Rating3. Did you use

Tutorial: Getting Started

Adding

1. Bulk upload large amounts of information at onceDownload the Data Upload Sheet

2. Manually create entries using the 5 step process Start by adding an outcome

3. Editing from the entry page (available to SROI Members only)Join the SROI Network

News announcement

To Encourage and incentivise users into interacting with the site and adding content….

We are introducing a points system! This begins on 5th March 2014

Points mean… Prizes!We are offering some discounts on SROI membership and training

News announcement

Activity Points bonus points once approved

Interactions

Rating an Entry 2 n/aDid you use this information? 2 n/aStarting a discussion on the comments section 10 n/a

Maximum Total (per entry) 14Adding Content

Adding an Outcome 0 25Creating a Chain of Events 0 15Adding a Stakeholder 0 n/aAdding an Indicator 0 15Adding a Valuation 0 15Creating a Full Entry Set (all 5 steps) 10 n/a

Maximum Total (per entry set) 10 70

Global Value Exchange Score Card

*points can only be awarded once per entry** All decisions about allocation of points will be at the discretion of the GVE subcommittee.

News announcement

Global Value Exchange PrizesPrize points

requiredFinancial

value

50% Discount on SROI Annual Membership fees 350

£25.00

Free SROI Membership for 1 year 500 £50.00

An extra 10% Discount on all SROI Training Courses 550 £55.00

Question Time

Any Questions?

Any Questions?

Contact meben.carpenter@thesroinetwork.org

0151 703 9229Join the debate – stay in touch

Search Global Value Exchange