Study using financial proxies from the Social Value Bank shows high social value return of key CIOB activities, writes Rod Sweet.
The top four social value-generating activities of the CIOB last year were CPD completions, calculated to have delivered £17.2m in social value, downloads of learning materials (£9.6m), training courses delivered (£5m) and mentoring (£2.8m). The study identifies five main areas where CIOB delivers most social value.
CIOB Academy
CIOB calls the Academy the “engine room” for driving social value through its constant engagement with members and the wider industry. “For an organisation with 47,000 members worldwide, it is not surprising that the impact of its training is significant and this ranges from a variety of training courses to a wide range of CPD packages (both free and purchased), and Massive Open Online Courses (MOOCs),” the study said.
Technical guidance and codes of practice
The codes of practice developed by CIOB, and the technical guidance sheets and information readily available online, “drive the industry forward on a path of continuous improvement and help to maintain and improve standards”, the study said, adding: “This provides the practical day-to-day support and advice which supplements some of the more theoretical training and guidance.”
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