SOCIAL IMPACT ASSESSMENT: KEY CONCEPTS AND BASIC STRATEGIES

NAME OF THE COURSE
SOCIAL IMPACT ASSESSMENT: KEY CONCEPTS AND BASIC STRATEGIES
 
CERTIFICATION
SOCIAL IMPACT ASSESSMENT: KEY CONCEPTS AND BASIC STRATEGIES
 
COURSE OVERVIEW
 The objective of SIA (Social Impact Assessment) is to ensure that development maximises its benefits and minimises its costs, especially those costs borne by people (including those in other places and in the future). Costs and benefits may not be measurable or quantifiable and are often not adequately taken into account by decision-makers, regulatory authorities and developers. By identifying impacts in advance: (1) better decisions can be made about which interventions should proceed and how they should proceed; and (2) mitigation measures can be implemented to minimise the harm and maximise the benefits from a specific planned intervention or related activity.
 
TRAINING DURATION
Total Training Hours: 22 Hours
Training Duration: 1 Week
Total Training Days: 4-5 Working Days
 
TRAINING SCHEDULE
Weekdays (Sunday to Thursday)
Regular Sessions : 4 – 6 Hrs Per day (9 am to 2 pm or 3.00 pm to 9.00 pm)
Food & refreshments Included
Weekends (Friday & Saturday)
Fast Track Sessions: 8 Hours per day (9 am to 5 pm)
Food & refreshments Included
 
CERTIFICATION
Globally recognized certificate from “Kings Global Career Academy”
 
TEST
No
 
LEARNING AIDS
Yes
 
COURSE MATERIAL
Hard & Soft Copies of Study Material
 
LANGUAGE OF INSTRUCTION
English
 
INSTRUCTOR HELPLINE
Yes
1. Email
2. Social Media (For Emergency requirements)
 
REGISTRATION REQUIREMENTS
1. Passport Copy
2. Curriculum Vitae
3. Passport size photographs
4. Course Fee
 
MODE OF PAYMENT
Cash / Cheque / Credit Card / Bank Transfer.
 
COURSE ELIGIBILITY 
The course is an ideal suite for all professionals involved in the mid and top tier management level of World Bank-funded projects. Including Financial Managers and analysts, Finance officers and examiners, Project Management Staff, Budget Planners & Analysts, etc. In addition, the program will prove beneficial for those finance and accounting professionals and project management specialists, who are willing to work on World Bank Funded projects in the near future.
 
COURSE BENEFITS
1) People’s way of life – that is, how they live, work, play and interact with one another on a day-to-day basis;
2) their culture – that is, their shared beliefs, customs, values and language or dialect;
3) their community – its cohesion, stability, character, services and facilities;
4) their political systems – the extent to which people are able to participate in decisions that affect their lives, the 5) level of democratisation that is taking place, and the resources provided for this purpose;
6) their environment – the quality of the air and water people use; the availability and quality of the food they eat; 7) the level of hazard or risk, dust and noise they are exposed to; the adequacy of sanitation, their physical safety, and their access to and control over resources;
8) their health and wellbeing – health is a state of complete physical, mental, social and spiritual wellbeing and not merely the absence of disease or infirmity;
9) their personal and property rights – particularly whether people are economically affected, or experience personal disadvantage which may include a violation of their civil liberties;
10) their fears and aspirations – their perceptions about their safety, their fears about the future of their community, and their aspirations for their future and the future of their children.
 
COURSE CONTENTS
PART 1: WHO, WHAT, AND HOW OF IMPACT ASSESSMENT 
I. WHO: MAJOR EVALUATORS OF SOCIAL IMPACT 
A. Development banks and agencies 
B. Non-profit organizations and foundations 
C. Social investment organizations 
D. Accounting and consulting firms 
E. Corporate initiatives
F. Reporting coalitions and academic institutions 
 
II. WHAT: APPROACHES TO SOCIAL IMPACT MEASUREMENT 
A. Social outcome approach to social impact
B. A business value approach to social impact 
C. Mapping social impact approaches 
 
III. HOW: SOCIAL IMPACT ASSESSMENT CASES 
Case 1: World Bank and youth employment skills development 
Case 2: Robin Hood Foundation and benefit-cost ratio for job placement 
Case 3: Acumen Fund and lightweight survey design 
Case 4: PwC total impact and brewer sourcing 
Case 5: Danone Ecosystem Fund and Professional Empowerment 
Case 6: IRIS metrics applied in EVPA framework 
 
PART 2: CHALLENGES OF IMPACT ASSESSMENT 
PRACTICAL CHALLENGES: SOCIAL IMPACT VS. FINANCIAL IMPACT 
A. Strength of institutions 
B. Domain and control 
C. Measurability 
D. Trade-off 
E. Externalities  
II. THE SEVEN MEASUREMENT CHALLENGES OF IMPACT ASSESSMENT 
1. Confusion: failing to distinguish between input, output, outcome, and impact
2. Inconsistency: Unreliability of measurement 
3. Misunderstanding: Causal validity errors 
4. Blindness: Hidden factor correlation 
5. Over-simplification: Ignoring multi-determination 
6. Partiality: Failing to capture both downside and upside risks 
7. Over-assuming: Lack of generalizability 
 
III. STRATEGIC CHALLENGES OF IMPACT ASSESSMENT 
A. Under-Usage of social impact: Dormant potential of impact assessment 
B. Over-Use: Using impact assessment in inappropriate ways 
PART 3: YOUR SOCIAL IMPACT STRATEGY 
 
1ST STAGE. SETTING/REVISING THE GOAL(S) OF SOCIAL INITIATIVES 
Recommendation 1 – Check assumptions 
Recommendation 2 – Do not focus on too narrow objectives 
 
2ND STAGE. PLANNING THE ASSESSMENT 
Recommendation 3 – Invest in assessment 
Recommendation 4 – Compare contexts before measuring the impact 
 
3RD STAGE. IMPROVING THE ASSESSMENT 
Recommendation 5 – Constantly improve your impact assessment 
Recommendation 6 – Map and engage the impact value chain 
Recommendation 7 – Do not over-rely on quantitative metrics 
 
4TH STAGE. STRATEGIC USE OF SOCIAL INITIATIVES 
Recommendation 8 – Do not only focus on benefits or risks
Recommendation 9 – Search for and extend the benefits 
Recommendation 10 – Leverage goodwill for increased business and social impact