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Educational Psychology and Social Enterprise

2011 - 2015

Click to edit Master title styleSession outline

• What, why & how

• Technical aspects

• Pros, cons & partnerships

• How we do it

Click to edit Master title styleA social enterprise

does:• Make its money from trading – that

is, selling goods and services• Reinvest its profits back into the

business or social mission• Have a social mission at its heart –

what difference it is trying to make, who it is aiming to help and how it is going about doing this

Click to edit Master title styleA social enterprise does not:

• Exist to make a profit for shareholders

• Exist to make its owners wealthy

• Rely on volunteering or grants to stay afloat

Click to edit Master title styleSocial Enterprise

means• Community Interest Company• No shareholders• Social purpose• Social impact statement• Asset Lock• Annual Accounts

Click to edit Master title styleOur social purpose

“An organisation that will effectively support the application of psychology to improve outcomes for children and young people”:

• Effective application of psychology to assist schools in their work to improve outcomes

• Focus on children and young people with the greatest need

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Our Community Interest Statement (1/3)

Catalyst Psychology will promote and deliver child and educational

psychology services to improve outcomes for children and young

people.

Activities will include consultation; assessment and advice; training and

development; research and evaluation.

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Community Interest Statement (2/3)

The company will develop as a training organisation, offering work placements

to students of psychology who are interested in a career in applied

psychology working with children.

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Community Interest Statement (3/3)

If the Company makes a surplus it will be used for:

1) developing the evidence base for effective interventions;

2) supporting the training of child and educational psychologists.

Click to edit Master title styleBalance of skills

You need to consider where the following skills come from:• Finance – e.g. can read and understand audited

accounts• User experience – representative of stakeholders• HR • PR/ marketing /entrepreneurial (judgment of

risk)• Senior management experience• Legal advice

Click to edit Master title styleEmploying people

• HR – including legal issues• Insurance• Payroll• Pensions• CPD• Supervision• DBS and safeguarding

Click to edit Master title styleGovernance

Building a board of directors – critical to the success of the business:• Individual board members may have

expertise in a number of areas useful to the business

• May have useful contacts• Provide support and feedback• Strategic partnership (e.g. Chair &

CEO)

Click to edit Master title styleChallenges

• Ensuring security of income and employment beyond short term contracts

• Shared frameworks and processes for working with diverse providers of public service are developing slowly

Click to edit Master title styleCollaborative

partnerships

Building collaborative partnerships – works best where there is no actual or potential competition or conflict

• Other EPs

• Other businesses

Click to edit Master title styleCommissioner/

provider

• Timescales in developing commissioning relationships

• Schools as commissioners• The commissioning and delivery

cycle• Charging policy and practice• Cash flow