Social Impact Bonds: What’s the deal?

They are being touted in some quarters as the solution to the funding crisis in public services. A way of bringing private sector investment to address social issues. Perhaps, even, as the successor to the Private Finance Initiative (PFI). But what are social impact bonds and how do they work? Continue reading

Time to be open about costs

Organisations in the not-for-profit sector, just like their private sector counterparts, require time, effort and resources if they are to be managed effectively. But there is increasing criticism from some quarters of the level of management and administration costs that these organisations incur. Charities and other not-for-profits need to be more confident in explaining their costs and in making the case for good management. Continue reading

Making the most of the new year

Firstly, a very happy new year to all of my readers, clients, associates and friends. The start of a brand new year is always – for me, at least – a time of reflection on what has been before and of planning for what is to come. It is also when we select our resolutions for the next twelve months. Continue reading

Achieving value for money (Part 2)

We looked in the first article of this two part series at the theory behind value for money. In this final part, we look at how we can achieve value for money in our activities in the real world and I provide some useful tips from my experience of working with organisations across the public and not-for-profit sectors. Continue reading