Sustainable square India Team conducted a Training Program on Social Return on Investments (SROI) for PVR Nest Team (PVR Group) and their NGO partners(Umeed, ReadIndia and AtPar in Delhi on April 5th & 6th, 2019. Social Return on Investment (SROI) is an outcomes-based measurement tool that helps organisations to understand and quantify the social, environmental and economic value they are creating. The objective of this Training Program was to cover the fundamentals and capturing value creation through SROI principles and calculation in India context.
PVR CSR team has initiated this meaningful knowledge sharing exercise to educate their team and NGO partners on both Indian and global trends of measuring the Social Impact. It was highly practical, interactive and Subject Matter Experts designed workshop. It helped the participants to learn about SROI process that opens up a dialogue with stakeholders, helping to assess the degree to which activities are meeting their needs and expectations. Strategically, how they can help design and redesign their programs to bring long term impact and working towards scaling up or down and planning exit strategy. The monetised indicators can help management analyse what might happen if they change their strategy, as well as allow them to evaluate the suitability of that strategy to generating social returns, or whether there may be better means of using their resources.
The learnings from the workshop were meaningful that to understand challenges of the different NGO Partners on ground and the expectations of CSR Team members to further improvise their M&E Tools. Accordingly it shall improve standards of impact reporting by evaluating the Program and creating an effective roadmap leading to increase the Social Impact. The SROI Training Program had real-time case studies and invited Subject Matter Experts external speakers who implemented SROI across their programs: Ms. Poloumi Das (DGM Sustainability – Godrej), Ms. Anagha (Ambuja Foundation) and Ms. Eman Hussain (SROI Expert from Sustainable Square Global Team in Dubai) and this gave an opportunity to the participants to understand the best practices along with group activities like Innovative tool kit of Design thinking – “Empathy Mapping” exercise to understand the beneficiaries’ persona and strengthen the overall Program. Participants provided positive feedback which further inspires us to deliver more specialized Training programs like these and reach out to more inquisitive learners aspiring to study and practice Social Impact measuring tools & program management in India.
