www.bwbimpact.com www.bwbadvisory.com

Jim Clifford OBEDirector of BWB Advisory and BWB ImpactChair, IAAM Adoption

E: j.clifford@bwbllp.comT: +44 (0) 7860 386081

@Clifford_Jim;@IAAMAdoption

www.iaamadoption.org

It’s All About Me:Ingredients for successJuly 2014

2

Provider-led development

• Services• Resources• Markets• Behaviours in

delivery chain

• Management• Finance• Risk• Partners• Documentation

and structures

• Relevant outcomes• Informed outputs as

proxies• Think: incentives and

behaviours

• Identify the issue• Area needs• Identify outcomes

3

Think again: what’s a social impact bond ?

• A contract for delivering services• Deliberately creating social

outcomes – changes in the lives – of individuals or communities

• Generally paid-for on the basis of– success in delivering those

outcomes, or – delivering other value

• With its own embedded way of financing its work up-front

IAAM……in a nutshell……

• Creating a new, alternative, UK-wide, virtual “market”

• In which – adoption works differently– Local Authorities can choose if,

when, and how– …..on a child-by-child basis– adoption support pre-, during and

post-placement is built in – Local Authorities pay by results, out

of savings they’ve already made.

5

Provider-led development

• Identify the issue• Area needs• Identify outcomes

6

IAAM - What’s the issue ?• Not enough parents

• Increasing numbers of children on NAR seeking adoption

• As many as 80% don’t find places

• Parenting them therapeutically to meet their needs:

• Attachment

• Development

• Beliefs

• Trauma

7

Provider-led development

• Services• Resources• Markets• Behaviours in

delivery chain

What’s the solution ?

• More parents• Sourced UK-wide• Willing to take harder

to place children• Therapeutically

trained• With funded

appropriate support• With LAs still able to

decide when it’s

needed8