As social value is becoming increasingly significant in both the procurement of and delivery of public services, we are increasingly seeing the public sector ask their prospective suppliers to show evidence of their Social Value Policy. In this article, we give you guidance on how to structure your policy and what to consider to ensure your policy is robust.

Financial wellbeing is a critical aspect of overall wellbeing. More and more employers are becoming interested in financial wellbeing as a driver of productivity, employee engagement and employer differentiation in the marketplace.

Paul Fox, Regional Partnerships Manager at the Money and Pensions Service (MaPS), shares five actions that organisations can take to support their employee’s financial wellbeing, why it’s important to promote and support financial wellbeing, and how the MaPS can help.

Get to know us and why we do what we do. Our purpose is to empower businesses to create impactful and long-lasting social value. Here is how we do it.

Your organisation may have already committed to making charitable donations, fundraising and volunteering as part of your social value offer. But how did you decide what commitments to make, and how effective are these commitments in the scheme of things?

To help you understand the differences, we will explore each model in detail. Give you the history behind them and why procurers use different frameworks and offer some practical ideas to help you prepare social value answers for both models.

There are many ways tech suppliers can produce benefits that enhance society and support the technology sector across the UK. We've put together a list of seven things you can do to deliver meaningful social value to get you started.

When it comes to social value, it can be challenging to know where to start. Are you doing the right things? What more could you do as a business? Don’t worry; we have got you covered. We have free resources that give practical ideas to create social value and help you understand what ‘good’ looks like.

Suppose you’re the person facing the barrage of social value questions alone. You know what a difference getting this right could make for your company. If only you could get someone senior to focus on it long enough to be effective. We have two magic words for you: ‘Business Risk’.

A decade on, we spoke to the three key people behind the Act: Chris White, the MP who proposed the Bill and shepherded it through Parliament; Andrew O’Brien, his then Parliamentary Aide who played a key role behind the scenes and suggested social value as a potential topic for the Bill in the first place; and Mark Cook, a leading expert in sustainable procurement and the lawyer who helped to draft the legislation and negotiate its path through the Cabinet Office.

Here are our top red flags that social value isn’t working for your business. You may want to rethink your approach if you recognise any of these.

You are not alone if you think your organisation is struggling to measure social impact effectively. From obsessing about numbers to ignoring intrinsic problems within an organisation, such as how staff are treated or the carbon footprint of your supply chain, there are common problems we repeatedly encounter across the public and private sectors.

If you’re a private sector organisation, good social value is about thinking about how you operate and what non-economic value you can create for your own stakeholders as part of your operations. These stakeholders can be external customers, such as the communities you serve or the people living in the places where you operate, but they also include internal stakeholders - one of the most important groups of which is your staff.