Public Sector Executive has recently published a perspective from Rose Lasko-Skinner, a researcher at Reform. She is working on a paper looking at choice and competition in the public sector and has written on how failure to understand risk makes for poor procurement practices. She discusses the importance of social value. “Social value is an indispensable part of procuring public services, primarily because it is about ensuring services have a meaningful and positive impact on people’s wellbeing. In practice, it shifts the focus in procurement from processes to outcomes. This enables procurement contracts to go further than inputs and outputs, i.e. how many appointments a job centre provides, by evaluating the goals of services, i.e. long-term employment rates.” You can read the whole article here.