Latitude in a nutshell
Latitude Network is a strategy and social impact consultancy that helps social organisations to improve performance and scale evidence-based solutions to complex social problems. It does this through building data and performance systems and capability, and developing outcomes-based funding and investment opportunities for high impact social programs that can be proven to deliver outcomes.
The Latitude Network performance methodology works for any social issue and has been applied across mental health, homelessness, education, drug and alcohol, child protection as well as in local government, community sport and infrastructure. It was developed out of work with novel social financing models including outcomes contracts (social impact bonds) and draws on UK and US models.
The Latitude approach is useful for organisations confronting the challenge of growing their social service and expanding funding. A strong case for funding can be developed by focusing on the data and developing integrated financial models and avoided cost calculations that show value and cost savings to governments. The growth strategy needs to consider the role of philanthropic and impact investment, user pays and licensing models, and evidence-based approaches to demonstrating value. New approaches to funding on the basis of outcomes are another powerful tool to expand funding, by sharing risk between governments, investors and philanthropists and the social organisation itself, they can reduce barriers to funding and provide higher levels of accountability.
The Latitude Network performance methodology works for any social issue and has been applied across mental health, homelessness, education, drug and alcohol, child protection as well as in local government, community sport and infrastructure. It was developed out of work with novel social financing models including outcomes contracts (social impact bonds) and draws on UK and US models.
The Latitude approach is useful for organisations confronting the challenge of growing their social service and expanding funding. A strong case for funding can be developed by focusing on the data and developing integrated financial models and avoided cost calculations that show value and cost savings to governments. The growth strategy needs to consider the role of philanthropic and impact investment, user pays and licensing models, and evidence-based approaches to demonstrating value. New approaches to funding on the basis of outcomes are another powerful tool to expand funding, by sharing risk between governments, investors and philanthropists and the social organisation itself, they can reduce barriers to funding and provide higher levels of accountability.