Resource ID: INDIGO-ARES-0132
Link: https://socialvalueportal.com/national-toms/
The aim of the National TOMs Framework is to provide a minimum reporting standard for measuring social value. For those organisations (private and public) just starting out on their journey to embed social value into their procurement and management processes, it provides an easy to use solution that is immediately available, and may be applied to any project. For those organisations that are already well advanced, the hope is that they will integrate these standards into their measurement approach as a minimum, and add any Measures that they presently do not have in their own toolkit.
The National TOMs Framework has been designed around 5 principal issues, 20 Core Outcomes and 48 Core Measures:
Themes – The overarching strategic themes that an organisation is looking to pursue
Outcomes – The objectives or goals that an organisation is looking to achieve that will contribute to the Theme.
Measures – The measures that can be used to assess whether these Outcomes have been achieved. For the National TOMs Framework, these re action based and represent activities that a supplier could complete to support a particular desired outcome.
Impact goal: Housing, Social impact, Local rejuvenation, Development poverty reduction
Internal/external: External, Internal
Leader: The Social Value Portal
Method: Framework agnostic
Output format: Monetary valuation
Scale: Macro
Sourcing: Agnostic, Paid tool, Self driven, Outsource to vendor, Proprietary in house
Time frame: Ongoing, Prospective, Retrospective
Type: Dataset
Used in sectors: Sibs, Housing, Governance policy, Social enterprises, Developed countries
Who: Third sector, Public sector, Private sector
INDIGO data are shared for research and policy analysis purposes. INDIGO data can be used to support a range of insights, for example, to understand the social outcomes that projects aim to improve, the network of organisations across projects, trends, scales, timelines and summary information. The collaborative system by which we collect, process, and share data is designed to advance data-sharing norms, harmonise data definitions and improve data use. These data are NOT shared for auditing, investment, or legal purposes. Please independently verify any data that you might use in decision making. We provide no guarantees or assurances as to the quality of these data. Data may be inaccurate, incomplete, inconsistent, and/or not current for various reasons: INDIGO is a collaborative and iterative initiative that mostly relies on projects all over the world volunteering to share their data. We have a system for processing information and try to attribute data to named sources, but we do not audit, cross-check, or verify all information provided to us. It takes time and resources to share data, which may not have been included in a project’s budget. Many of the projects are ongoing and timely updates may not be available. Different people may have different interpretations of data items and definitions. Even when data are high quality, interpretation or generalisation to different contexts may not be possible and/or requires additional information and/or expertise. Help us improve our data quality: email us at indigo@bsg.ox.ac.uk if you have data on new projects, changes or performance updates on current projects, clarifications or corrections on our data, and/or confidentiality or sensitivity notices. Please also give input via the INDIGO Data Definitions Improvement Tool and INDIGO Feedback Questionnaire.