Business Solutions For Public Good

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Information about Business Solutions For Public Good

Published on February 12, 2008

Author: gkgwebs

Source: slideshare.net

Business Solutions for Public Good Social Enterprise

What’s Social Enterprise when it’s at home? Social Business which is the best of both worlds of… Commerce Public service

Social Business which is the best of both worlds of…

Commerce

Public service

Commerce includes Private Sector Limited companies Sole Traders Family businesses Corporate Sector Public limited companies Multi national companies And income from Investment Trading goods Selling services

Private Sector

Limited companies

Sole Traders

Family businesses

Corporate Sector

Public limited companies

Multi national companies

And income from

Investment

Trading goods

Selling services

At its best, Commerce… Uses clear management structures Creates robust financial structures Uses entrepreneurial approaches Is quality controlled

Uses clear management structures

Creates robust financial structures

Uses entrepreneurial approaches

Is quality controlled

At its worst, commerce can be Company driven – profit before people Subject to profit motivated internal decision making Production of high returns for a few Subject to high turn-over of most senior personnel

Company driven – profit before people

Subject to profit motivated internal decision making

Production of high returns for a few

Subject to high turn-over of most senior personnel

Public Service includes Statutory sector Health Education Welfare Heritage Voluntary/Charity sector Advocacy Protection Arts And income from Grants via taxation (public sector spending) Grants via private donation (appeals, trust funding)

Statutory sector

Health

Education

Welfare

Heritage

Voluntary/Charity sector

Advocacy

Protection

Arts

And income from

Grants via taxation (public sector spending)

Grants via private donation (appeals, trust funding)

At its best, public service… Is client focussed – people before profit Effects positive changes in people and environments Encourages community support Uses creative solutions to ‘hard’ social problems

Is client focussed – people before profit

Effects positive changes in people and environments

Encourages community support

Uses creative solutions to ‘hard’ social problems

At its worst, public service can be Shoddily or over managed Highly dependent on changeable income Poor at planning and assessing risk Subject to poor or over accountability

Shoddily or over managed

Highly dependent on changeable income

Poor at planning and assessing risk

Subject to poor or over accountability

Social Businesses include Local community enterprises Companies limited by share Companies limited by guarantee Mutual organisations (co-ops) Industrial or provident societies Unincorporated organisations Registered charities Soon - Charitable Interest Companies And they can be local, national or international

Local community enterprises

Companies limited by share

Companies limited by guarantee

Mutual organisations (co-ops)

Industrial or provident societies

Unincorporated organisations

Registered charities

Soon - Charitable Interest Companies

And they can be local, national or international

Social business income comes from Grants via taxation – payment to deliver statutory duties Grants via private donation Investment Trading goods Selling services Reinvestment of surplus

Grants via taxation – payment to deliver statutory duties

Grants via private donation

Investment

Trading goods

Selling services

Reinvestment of surplus

Social businesses at their best Use clear management structures Create robust financial structures Use entrepreneurial approaches Control quality Are client focussed – people before profit Effect positive changes in people and environments Encourage community support Use creative solutions to ‘hard’ social problems

Use clear management structures

Create robust financial structures

Use entrepreneurial approaches

Control quality

Are client focussed – people before profit

Effect positive changes in people and environments

Encourage community support

Use creative solutions to ‘hard’ social problems

Social businesses at their worst Adopt voluntary/charity sector worst practice Adopt commercial sector worst practice

Adopt voluntary/charity sector worst practice

Adopt commercial sector worst practice

Oxford Healthy Living Centre Company limited by guarantee Complementary therapies and counselling agencies Paying and bursary funded clients Rent raised by bursary paid therapists’ rent and agency rental Running costs and salaries are covered from rental Centre Manager and Trustee directors raise bursaries from individuals, trusts and statutory sector

Company limited by guarantee

Complementary therapies and counselling agencies

Paying and bursary funded clients

Rent raised by bursary paid therapists’ rent and agency rental

Running costs and salaries are covered from rental

Centre Manager and Trustee directors raise bursaries from individuals, trusts and statutory sector

a few more… Bulky Bobs Aspire The Eden Project Details in Social Enterprise: a strategy for success

Bulky Bobs

Aspire

The Eden Project

Details in Social Enterprise: a strategy for success

and Gray-King & Gray… Company limited by shares Mentoring to community organisations and social enterprises Clients from disadvantaged areas or serve disadvantaged groups Fee income is from clients or from statutory sector on behalf of client Shareholders receive no dividends Surplus invested as discount to relevant clients

Company limited by shares

Mentoring to community organisations and social enterprises

Clients from disadvantaged areas or serve disadvantaged groups

Fee income is from clients or from statutory sector on behalf of client

Shareholders receive no dividends

Surplus invested as discount to relevant clients

Social Enterprise Business Solutions for Public Good The best of the worlds of commerce and public service Fitting the square peg and the round hole together!

Business Solutions for Public Good

The best of the worlds of commerce and public service

Fitting the square peg and the round hole together!

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