Laura Sharman 21 October 2021

Ministers urged to make more use of outcomes-based approaches

Ministers urged to make more use of outcomes-based approaches image

The use of Social Impact Bonds could help deliver better public services for less money, according to a new report.

A report by Julie Marson MP urges the Government to embrace outcomes-based approaches as a way to bring external investment, expertise and innovation to the delivery of public services.

The report, produced for Centre for Policy Studies think tank, argues that because these approaches only pay when the agreed outcomes have been achieved, they can help deliver long-term savings, improve efficiency and encourage innovation.

However, one study shows that only £3bn of the £230bn a year spent by the state on ‘human services’ such as like healthcare and children’s services, involved any kind of payment for outcomes.

Ms Marson said: 'By shifting focus on to results, with the same level of commitment that Thatcher gave to her programme of privatisation and market-led reform, this Government can succeed where others have failed and lead the machine of government into age of excellence that is driven by results, innovation and performance improvement.'

The report makes 10 key recommendations to improve the performance of Social Impact Bonds and that of government spending.

Photo: IR Stone / Shutterstock.com

SIGN UP
For your free daily news bulletin
Highways jobs

Independent non-executive members of proposed NHS Integrated Care Boards

NHS
Competitive
Do you have the vision to shape the future of health and care for people in your area? Nationwide
Recuriter: NHS

Lead Community Protection Officer

Royal Borough of Greenwich
£37722 - £40869 per annum + value award of £2,472 per annum
2 x Lead Community Protection OfficersCommunity Protection Team(PO3 plus an incremental value award of £2,472 per annum) Permanent Our Community Prote England, London, Woolwich
Recuriter: Royal Borough of Greenwich

School Organisation Project Officer

Camden London Borough Council
£41,952- £48,663
We’re giving a platform to people inside and outside our community. Because, we’re not just home to the UK’s fast-growing economy. Camden, London (Greater)
Recuriter: Camden London Borough Council

Service Manager (Referral and Assessment)

London Borough of Richmond upon Thames and London Borough of Wandsworth
£60,426 to £74,202 per annum
Can you inspire, encourage, and develop excellent social work practice to make a real difference in the lives of children and young people? Wandsworth, London (Greater)
Recuriter: London Borough of Richmond upon Thames and London Borough of Wandsworth

Asset Management Team Administrator

The Royal Borough of Kensington & Chelsea Council
£26,544 - £30,618 per annum
The role is what you make it, and the more you put in, the bigger the difference you can make to... Kensington and Chelsea, London (Greater)
Recuriter: The Royal Borough of Kensington & Chelsea Council

Public Property

Latest issue - Public Property News

This issue of Public Property examines how how flexible workspaces can lead the way in regeneration for local authorities, Why local authority intervention is key to successful urban regeneration schemes and if the Government’s challenge of embracing beauty is an opportunity for communities.

The March issue also takes a closer look at Blackburn with Darwen Council's first digital health hub to help people gain control over health and care services.

Register for your free digital issue