4.7/5
Measure impact using the Principles of Social Value and SROI
The leading accredited course empowering you with the skills to measure and manage the social impact of any initiative by applying the Principles of Social Value.
Fast-track your skills in measuring, reporting and managing social impact. Immediately apply Impact Measurement, Social Value and Social Return on Investment (SROI) concepts to your projects with practical tools, exercises and insights. Developed together with SVI (Social Value International), this course will allow you to learn the foundations of impact measurement and progress to more advanced practices like outcome valuation and materiality assessments. Earn a certificate of completion that puts you on the path to becoming an Accredited Social Value Professional (Read more).
LEARNERS
Who is this course for
This course is designed for impact project leaders, funders and sustainability consultants who want to develop a sound understanding of what it takes to assess the impact of an organisation and generate qualitative and quantitative insights for reporting and decision-making purposes. No prior experience is required, the course offers a step-by-step approach that takes you from the fundamentals to innovative approaches to engaging stakeholders and valuing social outcomes.
Learning Goals
What you will learn
- Grasp the purpose and benefits of sound impact measurement and management
- Engage stakeholders to identify positive and negative outcomes that are material
- Define suitable impact indicators to measure outputs and outcomes
- Define a measurement and reporting plan in line with the Principles of Social Value
- Perform outcome valuation and measure the SROI of any project
Measure impact using Social Value and SROI
Course modules
The course starts with the foundations of impact measurement and gradually progresses to more advanced practices like outcome valuation and materiality assessments.
Impact as centre stage
Completion time: 2h15 Wrap your head around the purpose and core benefits of measuring impacts using the five dimensions and the eight principles of Social Value.
Planning for impact
Completion time: 2h
Learn best practices for defining impact goals that address the root causes of a societal challenge. Be empowered to create a basic Theory of Change or evaluate an existing one.
Define relevant outcomes
Completion time: 2h05
Focus on defining outcomes that matter to your project and key stakeholders. Don’t forget to include unintended positive & negative effects in your panning.
Identify outcome indicators
Completion time: 2h15
Define objective and subjective indicators to measure progress on the social and environmental outcomes of a project. Learn how to use existing databases of indicators and create new ones.
Outcome valuation
Completion time: 1h50
Grasp the purpose and benefits of outcome valuation and discover leading approaches for gaining insights into how valuable your outcomes are to your stakeholders.
Measure net impacts
Completion time: 2h10
Time to delve into the practice of defining your counterfactual, questioning “what would have happened anyway” to identify the net contribution of a project.
Manage to maximise
Completion time: 2h10
Turn impact data into valuable insights and reports and leverage them to take better informed strategic, tactical and operational decisions for a project.
Interactive sessions
5 x 2-hour sessions (social package)
Spice up & confidently progress in your learning with live sessions, where you can exchange experiences & delve deeper into topics of interest with an accredited trainer & like-minded peers!
1. Impact as centre stage
In this Chapter, you will learn to recognise and convincingly communicate how measuring and managing impacts can generate benefits for your work. You will understand what social impact is and the ways to assess it based on the five dimensions of impact and the eight Principles of Social Value. Moreover, we will learn to recognise the different impact management approaches, their advantages, limits and relationships.
2. Create a compelling impact strategy
By the end of the second chapter you will be able to analyse a social or environmental problem by conducting root-cause analysis and define strong and compelling impact goals for an organisation. You will also learn how to create a powerful Theory of Change, or in other words a plan for achieving your impact goals.
3. Define relevant outcomes
In Chapter 3, you will learn to identify stakeholders and meaningfully segment them as well as to define relevant outputs and outcomes (effects or changes) to report and improve. This will allow you to apply the materiality test to prioritize what really matters.
4. Identify outcome indicators
By the end of this chapter, you will be able to find appropriate indicators to measure outcomes and define thresholds. We will learn to set thresholds to identify expected amounts of change and identify the duration of these changes and when we are accountable for them. Lastly, you will be capable to measure change against a baseline and create a questionnaire to capture and analyse data for reporting and improvements.
5. Value outcomes
In this chapter, you will learn to attribute value to stakeholder changes in expected outcomes and report and identify improvements through valuation techniques, including the social value and SROI calculation. By the end of the Chapter, you will be able to successfully plan to achieve positive impacts that are valuable to society and the planet.
6. Measure net impacts
By the end of Chapter 6, you will be able to identify and assess the counterfactual or ‘what could have happened anyway’ - otherwise known as deadweight as well as the contribution/attribution factor of others which affects your impact. You will also learn to determine the net impact of your contribution and evaluate it to properly report and identify improvements.
7. Manage to maximise
This last chapter is all about impact management: you will learn to transparently report impact results to external stakeholders and leverage your results to support strategic and operational decision-making. Moreover, you will be able to recognise the importance of embedding impact management and identify the key requirements to creating a culture of impact management in an organisation.
Delivery mode
Choose the delivery that works best for you
Autonomous package
*€299
The learning experience that fits your busy working schedule and allows you to learn at your own pace from wherever you are. Access a neat online course structured around bite-sized videos and a wealth of practical resources to advance your impact measurement and management work.
What's in this package?
- 14 hours of on-demand online course materials
- 80+ videos, 30+ exercises
- Downloadable Impact Map
- Certificate of Completion
- In-depth case studies and first-hand insights from practitioners
- Unlimited access to the platform for a full year
- 15-day money-back guarantee
Social packing
*€549
Spice up your learning journey by blending the online course with a set of five interactive sessions. The sessions offer you an opportunity to meet and share experiences with like-minded peers, ask burning questions to the trainer and dive deeper into specific issues.
Next cohort: starting from Apr 5th
Registration closes on Mar 24th
(only 2 seats left)
What's in this package?
- Everything in the Autonomous package
- PLUS
- 5 x 120-minute group sessions guided by our expert trainer
- Meet and share experiences with 10+like-minded peers
- Answers to your burning questions
- Exclusive case studies & exercises
- Ongoing support from your trainer
- Access to recordings available at any time
*Need an invoice?
No problem, you can mark your preferred payment option in the check-out phase
*Need multiple tickets?
Discover our options For Teams
*Need financial support?
Apply for a scholarship discount of 25-80% off the normal course price
Case studies
What our learners say about the course
“Thanks to the Impact Measurement training that we followed with our team, we're for the first time aligned on a common language around impact that we all understand and this facilitates our work enormously."
Wouter Van BellingenCo-director of 2ID Foundation & Managing Partner at C-Level Read Wouter's story
"I really liked the logical flow of the course that step-by-step guides you towards implementation. I was able to implement my learnings, for instance, related to the downloadable impact map, directly to my work projects and use it to build our own impact measurement strategy."
Darko CiglarProject Manager at ACT Grupa Read Darko's story
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“Thanks to the Impact Measurement training that we followed with our team, we're for the first time aligned on a common language around impact that we all understand and this facilitates our work enormously."
Wouter Van BellingenCo-director of 2ID Foundation & Managing Partner at C-Level Read Wouter's story
"I really liked the logical flow of the course that step-by-step guides you towards implementation. I was able to implement my learnings, for instance, related to the downloadable impact map, directly to my work projects and use it to build our own impact measurement strategy."
Darko CiglarProject Manager at ACT Grupa Read Darko's story
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Trainers and Contributors
Get to know your trainers
Lead Trainer
Contributing Experts
Adam Richards
Director of Impact at SVI
Adam is the Director of Impact at Social Value International. He holds a PhD from Liverpool John Moores University investigating social value and SROI in social enterprises and has years of experience working with a number of organisations and funders to help them better understand, measure and manage their social impact. His passion for helping people and organisations maximise their impacts is contagious.
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Any questions?
Contact Timothy
CO-FOUNDER
Did you know that 92% of our course takers are satisfied? That’s why we boldly guarantee that our courses will not let you down. Contact me in case you have any questions about our courses.
Any questions?
Contact Timothy
CO-FOUNDER
Did you know that 92% of our course takers are satisfied? That’s why we boldly guarantee that our courses will not let you down. Didn’t get what you expected from the course? Let us know and get a full reimbursement up to 15 days as an Autonomous Learner, or up to 5 days as a Social Learner.
FAQs
Frequently Asked Questions
Can't find the answer to your question? Contact us on hello@efiko.academy.
The Impact Measurement training offers 9 hours of content taught by Dr. Adam Richards, including bit-sized videos, real life case studies, exercises with tailored feedback and insights from leading international experts.
You obtain the certificate of completion by following the 9 hours content delivered by Dr. Adam Richards, SVI’s Director of Impact.
The certificate is a valuable asset if you seek to work in sustainability consulting, impact investing or for a non-profit or social enterprise. It will position you for roles related to Fundraising, Measurement & Evaluation, Impact Investing and Product & Service design. Moreover, the course is Accredited by Social Value International and will allow you to progress on the pathway to becoming an Accredited Social Value Practitioner.
You obtain the certificate of completion by following the 9 hours content delivered by Dr. Adam Richards, SVI’s Director of Impact.
The certificate is a valuable asset if you seek to work in sustainability consulting, impact investing or for a non-profit or social enterprise. It will position you for roles related to Fundraising, Measurement & Evaluation, Impact Investing and Product & Service design. Moreover, the course is Accredited by Social Value International and will allow you to progress on the pathway to becoming an Accredited Social Value Practitioner.
This course is mainly designed to train beginners and intermediate level practitioners. The complexity of the content increases with every chapter but many examples, exercises and case studies will help you build self-confidence and deep understanding in each dimension of the curriculum.
If you are an advanced practitioner, this course may offer advantages as well. It will allow you to join live sessions with experts and get tailored feedback on your cases or questions. It is also a way to secure a valuable certification and let your current impact strategy be challenged by the trainer.
If you are an advanced practitioner, this course may offer advantages as well. It will allow you to join live sessions with experts and get tailored feedback on your cases or questions. It is also a way to secure a valuable certification and let your current impact strategy be challenged by the trainer.
All live sessions are recorded and made available for the students of your cohort. If you miss a session, you can catch up by rewatching the recording. As the value of the Social Package lies in the networking opportunity and learning from & with peers and the expert, we ask to be present for at least half of the sessions.
The Autonomous package includes 9+ hours of bite-sized content, including a wealth of case studies, practitioner insights and exercises. You will have access to the downloadable Impact Map, a tool to measure the social value and SROI of your activity, and be invited to join a diverse community of Impact Practitioners on the Efiko community platform.
The Social package includes everything of the Autonomous package, plus a series live sessions of 90 minutes with the lead trainer and 10-15 peers spread over 2 months. It allows you to ask your questions live and get support from the expert trainer. You will have access to the recordings in case you would miss a session.
Both the Autonomous and Social package are accredited by Social Value International and come with the Certificate of Completion, allowing you to progress on the SVI practitioner pathway.
The Social package includes everything of the Autonomous package, plus a series live sessions of 90 minutes with the lead trainer and 10-15 peers spread over 2 months. It allows you to ask your questions live and get support from the expert trainer. You will have access to the recordings in case you would miss a session.
Both the Autonomous and Social package are accredited by Social Value International and come with the Certificate of Completion, allowing you to progress on the SVI practitioner pathway.
In all packages, you’re invited to join the community platform where you can ask your burning questions.
If you’re enrolled as a Social Learner, you’re also invited to ask any question you have in the live sessions with the trainer. The lead trainer of the course will draw up an agenda based upon the learners’ questions. In other cases, support@efiko.academy is always open for questions.
If you’re enrolled as a Social Learner, you’re also invited to ask any question you have in the live sessions with the trainer. The lead trainer of the course will draw up an agenda based upon the learners’ questions. In other cases, support@efiko.academy is always open for questions.
For now, the course is only available in English.
The content will soon be subtitled in various languages.
The content will soon be subtitled in various languages.
The start of the next cohort for the Social Learners is indicated on the World map. Register as soon as possible as places are limited. However, if you can’t wait, you can access all material and follow your first lessons already before the starting date!
Do you prefer to study on your own and at your own pace? That’s also possible with the Autonomous package, which allows you to plan your learnings whenever fits you best.
Do you prefer to study on your own and at your own pace? That’s also possible with the Autonomous package, which allows you to plan your learnings whenever fits you best.
Yes, you will. Complete the course and earn a renowned Certificate of Completion that sets you on the path to becoming an Accredited Social Value Practitioner.
Social Value International (SVI) is a leading global standard setter for social impact measurement & management, social value and SROI (Social Return on Investment). Itis a registered charity with 25 national networks across the world and members in over 45 countries. SVI works closely with international partnersincluding the OECD, UNDP and contributes to the Impact Management Project (IMP) to set global standards for impact management.
Yes, we offer the option to pay with credit card (Mastercard, VISA) or PayPal. If you would like to pay with your debit card, we advise you to create a free prepaid PayPal account here and use it to make your payment.
Every transaction on Efiko is performed and secured by Stripe, a reliable payment processor.
Yes, you can secure several tickets at once by contacting us at hello@efiko.academy. Include the number of people you would like to enroll and your preferred course delivery mode (autonomous vs social package).
We also offer B2B/group offers. If you’re interested, please have a look at our For Teams page and request a demo.
We also offer B2B/group offers. If you’re interested, please have a look at our For Teams page and request a demo.
Yes, Stripe processes payments in 130+ currencies. PayPal also allows you to convert money to a different currency.
In case less than 5 people participate in your cohort, we will offer you two options: (1) to join another cohort or (2) full reimbursement of the course.
Yes, we can provide an invoice or proof of purchase so you can get reimbursed by your employer or company. Simply reach out to us at hello@efiko.academy stating the course name and package you’d like to take and for how many people.
Yes, we do offer reimbursement on the course in case you’re not satisfied with it. The reimbursement applies following these conditions:
a) Up to 15 calendar days after you enrolled to the course or up until 5 days after the introductory session if you register as Social Learner;
b) The guarantee applies up until you consume 20% of the course content;
Contact support@efiko.academy to ask for a reimbursement. We will review your request and in case your demand complies with the above conditions we will transfer the amount you paid, minus transaction costs.
Discover other training offers
Get accredited
Certificate of completion
Earn a renowned Certificate of Completion that sets you on the path of becoming an Accredited Social Value Practitioner.
Our Clients
These organisations have trained their teams with this course
Scholarships
Inclusivity Programme
We are committed to making our courses affordable to everyone. Price shouldn’t be a barrier to learn about sustainability and impact best-practises.
We can offer scholarships on our training courses if you have a strong motivation for taking a particular package, and:
- You are residing in a low- or middle-income country in a situation where your income is not sufficient to cover the price of a course
OR
- You are a job seeker or student
*Need an invoice?
No problem, you can mark your preferred payment option in the check-out phase
*Need multiple tickets?
Discover our options For Teams
*Need financial support?
Discover our eligibility requirementsfor scholarship
Course Partner
More about Social Value International
Social Value International (SVI) is a leading global standard setter for social impact measurement & management, social value and SROI (Social Return on Investment). It is a registered charity with 25 national networks across the world and members in over 45 countries. SVI works closely with international partners including the OECD, UNDP and contributes to the Impact Management Project (IMP) to set global standards for impact management.
Reviews Impact measurement: Applying the principles of social value & SROI
What learners say about their experience
4.6 out of 5 stars (based on 40 reviews)
2 months ago
The social learning was a good experience. After the course, I am now thinking of setting out a structured approach to social value engagement with internal and external stakeholders.
2 months ago
My cohort trainer, Filippo, was very knowledgeable and helpful!
3 months ago
The training with Efiko academy was informative and relevant. I enjoyed networking with other social value professionals and experiencing more of the social impact landscape, helping me to recognise where I am on my journey and where I need to go!
3 months ago
3 months ago
Efiko’s self-directed course offers a solid platform for engaging in impact management. Previous reading only got me so far – I valued the fresh insights this training offered.
Testimonials
What people say about this course
"Efiko came at the right moment with the right offer for autonomous and social learning that they keep on improving with new products. In the mean time we had 20 people complete Efiko’s main course and the participants level of appreciation is systematically high to very high. We believe Efiko Academy is doing a good job and recommend you to find out how you can also partner with them."
Patrick StoopManaging Director at C-lever 
“We have attended the impact measurement course co-hosted by Efiko and Social Value International with 12 members of our impact investing network. The training has helped raise awareness about best practices and triggered valuable conversations among our members on how to move the needle when it comes to measuring and reporting venture impacts."
Sevan Holemans Managing Director at SOLIFIN 
"The Impact Management course on Efiko served as a great refresher on the basics of IMM. My next goal is to reach the level 3 SVI advanced practitioner, thanks to which I will be able to assure other organisation’s impact reports using the SVI principles. Exciting challenges ahead!"
Sophie R.Founding Partner at Stone Soup Consulting 
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"The combination of the online course and live sessions has brought me forward in my learning and filled me with confidence to apply my new knowledge through my business."
"The exercises and the real-life examples by professionals helped me relate and find creative ways to use the knowledge in my daily work!"
“As a startup coach I thought a lot about the optimal way to learn about impact management and Efiko turned out to be the best online course I can recommend.”
"Efiko really provides the interactive experience that most reinforces my learning. There is a great depth of content on the platform and the expert has been able to complement this with the relevant advice tailored to my work."
"Great introduction to Impact Management. The learning materials are organised in small chunks that make learning easy to dip in and out of. The materials help me clarify the principles and processes."
“An insightful course, which I am sure inspired all of us to contribute to a more equal and sustainable society in which social impacts are indispensable for strategic decision-making.”
"As someone with some background in impact measurement and management I really enjoyed the course on Efiko. It had a good balance between reviewing some concepts with helpful tools and new knowledge for me around Impact valuation and reporting."
"The Impact Management course on Efiko served as a great refresher on the basics of IMM. My next goal is to reach the level 3 SVI advanced practitioner, thanks to which I will be able to assure other organisation’s impact reports using the SVI principles. Exciting challenges ahead!"
We have attended the impact measurement course co-hosted by Efiko and Social Value International with 12 members of our impact investing network. The training has helped raise awareness about best practices and triggered valuable conversations among our members on how to move the needle when it comes to measuring and reporting venture impacts.
Efiko came at the right moment with the right offer for autonomous and social learning that they keep on improving with new products. In the mean time we had 20 people complete Efiko’s main course and the participants level of appreciation is systematically high to very high. We believe Efiko Academy is doing a good job and recommend you to find out how you can also partner with them.
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Efiko's rating
Feedback from our learners
client feedback
Read our reviews
The course was excellent. The practical examples and insights helped me understand how to apply the principles to my own work. I would recommend this course to people wanting to maximise their impact.
John D.
Sustainability Consultant
The self-paced course allowed me to be flexible about when I can do the modules and chapters, but more cohort opportunities would have been great since I would have loved to follow the course live.
Talia G.
Philanthropist
