I like to think everyone agrees that at the core of Social Value is trying to achieve impact. Across every opportunity, we want to make a tangible impact in a local area, and we do this through how we work, who we work with, and what we deliver.
From this jumping off point, the questions come thick and fast: Who pays for it? How do you know you’ve delivered it? What methodology are you using? How do you know it has an impact? How do you ensure you aren’t double counting? Is this contractual additionally, or conflating central ESG initiatives?
Plenty can be written on all of these topics, but often, in the fast world of bidding, the core question can often be missed: “Why are we doing this?”
Why are we proposing what we are proposing? How do we know it's what's needed in the area? How do we know it will achieve impact?
This is exactly the conversation we had with a new Bid Manager here in QinetiQ…
A dream scenario is a leisurely 12-month capture period – plenty of time to visit the local area, conduct listening exercises, build relationships to build a meaningful needs analysis. Or a deep budget for a fantastic team of researchers to conduct this on your behalf.
Whilst we all love a dream, the reality is often far from that. Tight timelines and budget are the norm for all of us. So, in this situation, how do you ensure you are clear on your why behind your interventions?