Vision has put in place robust monitoring processes to monitor individuals and their outcomes. We have collected information on each individual that we support and this is updated on a regular basis. Over a period of time this has built up into a body of evidence that can quantify the social and economic outcomes of our services.
As well as quantitative feedback, Vision encourages, indeed welcomes and acts on feedback from service users, referring organisations, landlords and key stakeholders. These have been extremely positive but we are still a young organisation and are still learning. We have proved that the service works but are not complacent about how we could still improve.
In terms of impact, the cost of crime to individuals, families and society has been estimated at around £20billion. Vision has helped prevent, with extremely limited resources, over 250 people re-offending and can claims a proportion of the associated economic and social benefits this brings.
Indeed, we are tracking the introduction of the social impact bond with great interest. We have campaigned hard for the introduction of outcome based commissioning and want to gain a share of the society benefits that we have helped create – an estimated £10m and rising.
In short, Vision has tested the concept, evaluated the benefits and is well positioned to scale up our operation.
We are currently working with PA Consulting Group, NOMS, the Metropolitan Police and London Probation Trust on a full independent evaluation.