Barnet Big Society Innovation Bank

Innovation is doing things differently

Big Society - individuals, groups and organisations taking control of the things that really matter to them. Innovation - something new to Barnet, or at least a new method of delivery

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Why should we innovate? Challenges & Opportunities in Barnet  

By 2016 Barnet will have 23% more 5-14 year olds & 17% more people over 90.!If things carry on the same, by 2023 the council won't have money for anything except for social care.!

300 Million

Today 2023

CHANGING DEMOGRAPHICS

TIME IS RUNNING OUT

Total council budget

Projected spend on adult social care

Projected spend on children’s services

I’M WORRIED, MY 80 YEAR OLD NEIGHBOUR DOESN’T ANSWER THE PHONE SINCE HIS WIFE DIED We have an increasing amount of care to provide to both young and old. ”  

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CHANGING DEMOGRAPHICS

...but I never invite my friends round, there's nothing to do. This sounds like an invitation to do something new. Right?

CONNECTEDNESS

THE BEST THING ABOUT LIVING

HERE IS THE TRANSPORT.... ”  

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Who's still missing the connection? Large numbers of people missing out on the digital revolution in Burnt Oak. There must be a business opportunity in this.

CONNECTEDNESS

Widening gap between

rich & poor Average house prices 10x the median income. Fewer people know their neighbours and anti-social behaviour is a worry for many people.

COMMUNITY

40,000 VOLUNTEERS Only 35% residents feel involved in local decision making (compared with 50% London average). Yet an enormous 40,000 Barnet residents are volunteers.

COMMUNITY

Youth unemployment more than doubled since 2008 The Council has created 22,500 new jobs at Brent Cross Cricklewood, but 4.4% of 16-18 year olds are still NEET.

WORK & ENTERPRISE

Business start up rate 3rd highest in London

Barnet is an enterprising borough with all the opportunities that brings.

WORK & ENTERPRISE

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WHAT IS INNOVATION?

V   It’s all in the development

...And it’s usually more about colliding ideas than totally new ones

 

GOOD SOCIAL INNOVATION

Taps into people’s needs & aspirations

Builds new relationships & networks

Creates productive communities

Unlocks resources

Uncovering unmet needs A!a Kamal saw that many women in the Manchester Asian community needed to improve their health but weren't using local facilities. With a few simple changes she transformed cultural expectations around exercise to make it easily accessible.

INSPIRATION: Fitness 4 Ladies

UNLOCKING NEW

CARING capacity Elderplan is a health insurer running a timebank where members gain time credits for supporting other Elderplan subscribers. Elderplan found that volunteering to support others had such a positive impact on the volunteer's own health that they allow members to pay 25% of their insurance premiums with time credits.

INSPIRATION: Elderplan

New kinds of

relationships Slivers of time is a market place for short, one-o" jobs for people who don't have the time for 9-5 work. Flexible re-entry to the work place has proven very e"ective for many long-term unemployed people.

INSPIRATION: Silvers of Time

Long term sources

of revenue

User needs and

desires

strategy

Connect user needs to income streams

Long term sources of revenue

User needs and desires

strategy

Barnet Big Society Innovation Bank is not about ongoing grant funding. It's about giving people a leg up to start something that can be sustained. from a financial perspectve that probably means either creating

something that the council would like to commission, or something that individuals value enough to pay for.

Learn from your target market

USER INSIGHT

Go out and talk to people you think might want your idea

Who else can you learn from?

Use this information to improve your idea and show that people want it

Push your imagination

IMAGINATION

How would the world be if everybody was in my target market?

Can I make any of that happen?

What are the resources of the people and organisations involved in my idea?

How can I make the most of those resources?

Get critical feedback on your idea Remember, 'I like it' is about the most useless piece of feedback you can have. Ask questions that generate answers that tell you what you need to work on

PROTOTYPING