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

Director of People

Lancashire County Council
£108,697 - £117,998
As a leader at Lancashire County Council, you’ll join an authority with real scale, courageous ambition and deep pride in place. County hall
Recuriter: Lancashire County Council

Director of Strategy and Transformation

Lancashire County Council
£108,697 - £117,998
As a leader at Lancashire County Council, you’ll join an authority with real scale, courageous ambition and deep pride in place. Preston, Lancashire
Recuriter: Lancashire County Council

Care and Support Assistant -Longlands

West Northamptonshire Council
13.52ph
About the role We are looking for a dedicated Care and Support Worker to join our team at Longlands Care Home in Daventry. In this rewarding role, you will provide compassionate, person-centred care to older people and those living with dementia, includin Daventry
Recuriter: West Northamptonshire Council

Highway Design and Construction Manager

Bolton Council
Grade N, scp50 £62,443 to scp53 £65,663 per annum, plus essential car user allowance
We embrace AI to enhance our operations and to innovate our services. Bolton, Greater Manchester
Recuriter: Bolton Council

Social Worker - Huddersfield Royal Infirmary

Kirklees Metropolitan Council
£38,220 - £40,777
Looking to appoint as a Level 2 or Level 3 Social Worker. Kirklees, West Yorkshire
Recuriter: Kirklees Metropolitan Council
Linkedin Banner