All public sector organisations are under huge financial pressure, and the children's sector is no different. Managing rising demand with reducing resources is something we are all grappling with. Getting value for money has never been more important but it is about a lot more than just hammering down the price. Value for money is about effectiveness; it is the relationship between what you put in and what you get out.
1. Identify the need. This is pretty fundamental. The starting point for any decision to spend money has to be a really good understanding of the needs you are trying to address. It may sound simple but it is far from it. Most of the time we fast-forward to deciding what we want to buy before we fully understand the root cause of the problem. Of course, there might be legal obligations and requirements to consider but that shouldn't stop you from doing a thorough needs assessment first.
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