LATITUDE.NETWORK
  • About
    • Our Team
    • Vision
  • Services
    • Research
    • Service Design >
      • Outcomes-based Infrastructure
    • Operations Systems
    • Data & Analytics >
      • Data Partnerships
      • Data Analytics
    • High Performance
    • Impact & Funding >
      • Social impact bonds
  • Cases
    • Toward Home Case Study
    • Wellways Case Study
    • Hello Sunday Morning Case Study
    • Cricket Victoria Case Study
    • Sacred Heart Mission Case Study
  • Insights
  • Contact

​We’re up to our data sets in Social Impact Bonds

15/6/2017

 
Picture

Latitude Network is excited to announce that we are supporting Sacred Heart Mission in negotiating one of Victoria’s first Social Impact Bonds (SIBs). Sacred Heart Mission was one of two organisations successful in applying to the Victorian Government to enter negotiations to conclude SIB contracts this year based on expanding its Journey to Social Inclusion program, which is setting a new benchmark for addressing long-term homelessness in Australia.
 
Social Impact Bonds are being explored by commissioning agencies around the world in an attempt to find more effective ways of funding social and health services. SIBs (also known as ‘Pay For Success’ or ‘Payment by Results’ contracts) are part of an emerging set of funding mechanisms which aim to pay for service outcomes instead of service outputs – something the Productivity Commission discussed in depth in its recent report into competition, contestability and informed user choice.
 
Russ Wood is leading this work for Latitude, and is acting as strategic adviser and project manager through the ‘Joint Development Phase’ of the SIB which is expected to run until the end of 2017.

If your organisation is interested in exploring which programs might be suitable for outcomes-based commissioning such as Social Impact Bonds, then let us know - we'd be happy to share our learning. Just email us.

The case for outcomes-based growth

15/6/2017

 
Outcomes growth
Should social organisations pursue growth, and if they do, how should they do it?, asks Dale Renner. (First published Pro Bono News 13 June 2017)

​“Growth” can be a controversial word in the social sector. Social service leaders sometimes say “our job is eventually to go out of business”, implying that in some unspecified way, social problems will be solved and will remove demand for assistance. Yet, as the sector moves from grant-based to individualised funding, it becomes important to have a view on what growth means to social services organisations.

The ethical case for growth
Growth in this context doesn’t mean growing the amount of money spent on social programs in the aggregate. The focus is on growth at the program, or possibly organisation, level.

To understand the case for growth, agreement is first needed on what outcomes the community desires – many are obvious such as reducing crime, family violence, homelessness and Indigenous disadvantage. It is also important to understand what programs are proven to achieve that outcome for a certain cohort of people (noting there are levels of proof from anecdote through to randomised controlled trial). Growing the reach of those proven programs to benefit a greater number of people is surely an ethical pursuit as it reduces human suffering and harm. So at first blush, if a program is successful, for example, in helping to improve universal child literacy, it has a prima facie case for growth.

Read More

    Filter by:

    All
    Case Study
    Collaboration
    Data
    Education
    Health
    Homelessness
    Impact Investing
    Infrastructure
    Justice
    Mental Health
    News
    Outcomes Contracts
    Outcomes Measurement
    Philanthropy
    School Engagement
    Shared Value
    Social Impact Bonds
    Strategy
    Thinking
    Work
    Young People

    Archives

    December 2022
    November 2022
    April 2022
    March 2022
    December 2021
    November 2021
    September 2021
    May 2021
    April 2021
    October 2020
    September 2020
    August 2020
    May 2020
    October 2019
    September 2019
    August 2019
    April 2019
    February 2019
    August 2018
    July 2018
    June 2018
    May 2018
    February 2018
    June 2017
    February 2017
    November 2016

    RSS Feed


Latitude Network Pty Ltd
Social Impact Consultancy
Use insights for good
​
Get ideas, news and how to's in your inbox that help you improve your social impact  - subscribe


Contact:   dale@latitude.network  or   russ@latitude.network​
We acknowledge all First Peoples of this land and celebrate their enduring connections to Country, knowledge and stories. We pay our respects to Elders and Ancestors who guide the Aboriginal and Torres Strait Islander community.

  • About
    • Our Team
    • Vision
  • Services
    • Research
    • Service Design >
      • Outcomes-based Infrastructure
    • Operations Systems
    • Data & Analytics >
      • Data Partnerships
      • Data Analytics
    • High Performance
    • Impact & Funding >
      • Social impact bonds
  • Cases
    • Toward Home Case Study
    • Wellways Case Study
    • Hello Sunday Morning Case Study
    • Cricket Victoria Case Study
    • Sacred Heart Mission Case Study
  • Insights
  • Contact