The Value Map is central to an SROI analysis. It is also known as a 'theory of change' or logic model and is the framework used to build the SROI model. The research team synthesised the stakeholder engagements discussed in the previous chapter, together with evidence provided by stakeholders to produce a map of the inputs, outputs and outcomes arising from engagement in sport in Wales. Figure 4.1 summarises the Value Map for Wales.
The Value Map presented in Figure 4.1 is an inclusive summary of all the outcomes identified by the stakeholders, third party research and published grey literature, including the previous SROI study for Wales. The quality of evidence for the different outcomes and domains varies considerably. As the intended audience for this study includes Welsh Government, a high level of rigor was required. Therefore, the scope of the SROI study was narrowed to include only those outcomes that could be robustly evidenced. This is consistent with the practice of most other population-level SROI studies.
In total, 15 outcomes were monetised in the SROI across four domains, including ten health outcomes, two outcomes related to subjective wellbeing and social capital and one outcome relating to the non-market benefits gained by organisations utilising sports volunteers. The outcomes included in the Wales SROI are presented in Table 4.1.
Table 4.1. Outcomes included in the SROI sport model for Wales