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2021-10-12 P&E Agenda - Item 10 - Attachment 1 - Social Return on Investment Evaluation
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6.3.1 Networking benefits What are some of the new knowledge and skills you have developed through these Number Percentage networking and professional development events? Much improved awareness of local digital community 50 83 Increased networks and collaboration 49 81.5 More confidence and certainty to progress projects 25 41.5 New digital skills 24 40 Greater competency with new software 14 23.5 Knowledge and skills stayed the same 3 5 Other 2 3.5 To what extent is it easier to network with peers through the Digital Hub, Number Percentage compared to another work environment or other means? Much easier and beneficial 45 75 Somewhat easier 8 13.5 It’s the same as networking more generally 7 11.5 Has this networking and collaboration associated with opportunities created Number Percentage through the Digital Hub allowed you to create any new business opportunities? Yes 29 48.5 In part 10 16.5 Not yet but there is potential 14 23.5 No 4 6.5 No, and unlikely 2 3.5 Have the industry events held at the Digital Hub benefitted your career/ projects? Number Percentage It’s been a significant contribution 23 38.5 Somewhat 19 31.5 A little 10 16.5 No benefit/not applicable 5 8.5 Other 3 5 Discussion Respondents indicate the program and events make networking easier, which the majority of respondents find to be more convenient and beneficial compared to other forms of networking. While the benefits aren’t quantified, it is apparent the networking initiative is increasing awareness and knowledge of local capability and resources, generating useful, value-adding collaboration, and generating business opportunities. Based on the responses, SROI value is being generated in a number of ways, including: 25
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