Mutual Ventures logo

Provider: Mutual Ventures

Location:
  • London

Website: http://www.mutualventures.co.uk/

Contact:anne-helene@mutualventures.co.uk

Sector experience:

Areas of expertise:

Organisation overview:

Mutual Ventures is a socially-focused consultancy with extensive experience of working with VCSEs across various sectors to develop their commercial skills in order to become sustainable organisations.
We offer a range of impact management support including:

Definition and measurement of social impact (including theory of change);
Design of data collection systems and tools;
Embedding an impact management culture;
Communicating your impact

We also support organisations with contract and investment readiness support, strategy development, service redesign, financial modelling, process improvement and leadership coaching to embed culture change.

Our approach is to work collaboratively with our clients to co-design packages of support. We are committed to ensure that learning is fully embedded within the organisation so they build their own capacity and capability to use our tools and methodologies long after our support ends.

We hold a strong track record, having been approved provider on a number of programmes supporting organisational growth.

Case study 1: Devon Youth Service

Sector:

  • Employment, training & education

Focus of project:

  • Programme design / theory of change facilitation
  • Developing impact plans
  • Data management & analysis

We supported Devon Youth Service (DYS) to ‘spin out’ of Devon County Council (DCC) and establish as a Public Service Mutual (PSM) in February 2017. DYS had a robust approach to measuring the impact of specific services on young people but no mechanisms for assessing or communicating the cumulative impact of their services. We supported DYS to build and embed an overarching social impact strategy for the new organisation. This included reviewing their existing Theory of Change and evidence frameworks for existing services and working with frontline staff to develop an overall Theory of Change. An evidence framework was developed to measure the outcomes in the Theory of Change, building on data already gathered by DYS. Subsequently DYS received the Standard of Evidence level 2: Indication of Impact, placing them in the top 25% of all services audited nationally. DYS has since been awarded a contract to deliver youth services by DCC and established successfully as DYS Space (an independent PSM).
“We found every aspect of their (Mutual Ventures’) service relevant, useful, thought provoking and appropriately challenging. We wouldn't have succeeded without MV - of that I'm in no doubt.” Kevin Henman, Chief Executive, DYS Space.

Case study 2: PossAbilities

Sector:

Focus of project:

  • Developing impact plans
  • Data management & analysis
  • IT systems support
  • Building impact measurement tools

Mutual Ventures supported PossAbilities to spin-out of Rochdale Council in April 2014. Since then (via ICRF funding), we have continued to support PossAbilities to develop and grow sustainably through becoming contract ready. Our support included: reviewing their tendering process and bidding for specific opportunities, developing a social impact measurement approach and developing a new management information system (including the creation of a data management dashboard). Since our support, PossAbilities has won a £6.5m contract, which increased their turnover by circa 50%. The Care Quality Commission also recently rated the service as “outstanding”, putting it in the top 1% of providers nationally.
“Mutual Ventures’ support to develop our business plan, and then turn it into reality, has been invaluable. Their team were able to quickly and effectively continue with the work already undertaken and generate a feeling of confidence and trust amongst staff. Their robust and practical approach, coupled with their impressive knowledge and experience and a continual focus on delivering on their promises, was greatly appreciated by the team and was a major factor in the success of our transition.” Rachel Law, Chief Executive, PossAbilities.

Case study 3: Community Dental Services

Sector:

  • Physical health

Focus of project:

  • Building impact measurement tools

Mutual Ventures were selected to provide contract readiness support to Community Dental Services (CDS). We co-designed a social impact measurement tool following Social Return on Investment (SROI) methodology to capture relevant outcomes to present to commissioners, funders and wider stakeholders. Mutual Ventures worked with the team to develop the CDS team’s SROI skills with emphasis on maximising its impact in tender responses. We then supported the team through a bid process, providing market analysis support and constructive commentary on key bid sections. Following our work, CDS secured a 2-year contract with Leicestershire County Council worth £428k. We continued to work with CDS and produced a social impact report for another existing contract. Ongoing communication with the team has identified that the organisation has been successful in 3 out of 4 contracts that they have actively competed in post our support.

“The support has been critical in helping us to clearly articulate the uniqueness of our service offering and the added value our organisation would bring to communities seeking the provision of specialist dental services. We have no hesitation to recommending them (Mutual Ventures) to aspirant companies as their contribution has been invaluable.” Alison Reed, Chief Executive of Community Dental Services.