Peter Holbrook. Chief Executive Social Enterprise UK

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1 Peter Holbrook Chief Executive Social Enterprise UK

2 Social Innovation and Empowerment through Partnership

3 Social Innovation noun Social innovations are new strategies, concepts, ideas and organizations that meet social needs of all kinds from working conditions and education to community development and health that extend and strengthen civil society and also the innovations which have a social purpose like microcredit or distance learning. Empowerment noun Empowerment refers to increasing the economic, political, social, educational, gender, or spiritual strength of individuals and communities. authorization: the act of conferring legality or sanction or formal warrant Partnership noun A partnership is an arrangement in which parties agree to cooperate to advance their mutual interests. [1]

4 We need to develop and disseminate an entirely new paradigm and practice of collaboration that supersedes the traditional silos that have divided governments, philanthropies and private enterprises for decades and replace it with networks of partnerships working together to create a globally prosperous society. Simon Mainwaring As you navigate through the rest of your life, be open to collaboration and partnership. Other people and other people's ideas are often better than your own. Find people who challenge and inspire you, spend a lot of time with them, and it will change your life. Amy Poehler

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17 Trust in institutions to operate in society s best interest TRUT

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20 Public Services (Social Value) Act 2012 Establishing social value principles in public procurement UK = > 100bn per year on Government procurement

21 Social Enterprise in the UK a closer look THE GOOD NEWS 29% of all social enterprises are three years old or younger 15% social enterprise leaders are BAME; 38% are women 91% of leadership teams have at least one woman 38% are based in the 20% most deprived areas (12% for normal SMEs) 52% actively employ people disadvantaged from the labour market Outstripping SMEs for growth in turnover (38% to 29%) 56% developed a new product or service in the last year 49% have some trade with the private sector 11% export or licence their product / service abroad BARRIERS / CHALLENGES Procurement policy (for 34% working with pub. sector) Access to (appropriate) finance - primary barrier Marketing / awareness - two sides of same coin Social impact measurement Wide variations by geography, scale, markets (largest are most likely to experience growth)

22 Social Enterprise in the UK a closer look THE GOOD NEWS 29% of all social enterprises are three years old or younger 15% social enterprise leaders are BAME; 38% are women 91% of leadership teams have at least one woman 38% are based in the 20% most deprived areas (12% for normal SMEs) 52% actively employ people disadvantaged from the labour market Outstripping SMEs for growth in turnover (38% to 29%) 56% developed a new product or service in the last year 49% have some trade with the private sector 11% export or licence their product / service abroad BARRIERS / CHALLENGES Procurement policy (for 34% working with pub. sector) Access to (appropriate) finance - primary barrier Marketing / awareness - two sides of same coin Social impact measurement Wide variations by geography, scale, markets (largest are most likely to experience growth)

23 56% developed a new product or service in the last year 43% is the equivalent rate in mainstream / traditional SMEs

24 What prompts innovation? Unmet customer needs Poor performance Income diversification Differentiation Market opportunity New ideas & insights New technology Cost & efficiency savings Intractable social problems

25 What prompts innovation? Unmet customer needs Poor performance Income diversification Differentiation Market opportunity New ideas & insights New technology Cost & efficiency savings Intractable social problems

26 What prompts innovation? Unmet customer needs Poor performance Income diversification Differentiation Market opportunity New ideas & insights New technology Cost & efficiency savings Intractable social problems

27 What prompts innovation? Unmet customer needs Poor performance Income diversification Differentiation Market opportunity New ideas & insights New technology Cost & efficiency savings Intractable social problems

28 6 commandments of innovation: growth

29 1. Innovation isn t an idea - it s the implementation of an idea

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33 2. Stay open - to learning, to partners, to networks, to opportunity

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35 3. Innovation is a collaborative activity

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41 4. Make time for it - in plans, in diaries, in to-do lists look up!

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44 5. Don t ignore the big stuff

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46 6. Keep it on mission, and scaling impact

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