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Tony Clark Director of Housing Trident Social Investment Group Sallie Ryan Partnerships Manager Social Enterprise West Midlands
Why should housing providers invest time and money in social enterprise?
Evidencing value for money outcomes from the work of social enterprises
The opportunity of social enterprise in procurement
Examples of effective social enterprises
But .... being a master class: - how can we create an environment for new social enterprises
to blossom? - what type of new social enterprises might we need for the future? - what is needed to catalyse business formation?
‘A social enterprise is any organisation that uses an
entrepreneurial or market approach (such as trading services/goods) to achieve social or environmental impact and where financial profit is not the primary measure of success.’
Products or services that meet a genuine market need
Products or services that have a positive social or environmental impact (within their communities)
Profits from revenues surplus are re-invested into the business (to generate further impact or gifted)
Work, training and skills opportunities to those typically excluded from mainstream employment market
Genuine progression into mainstream employment market and further education
Pressure from austerity measures
Growing housing and social needs
Regulatory pressure
Pressure from politicians
‘Poor in Perpetuity’ (PIP’s)
100+ years involvement in social investment
HOWEVER – c1% housing association turnover
50 years old in 2012
Group of housing associations and social businesses
Midlands based
£32m annual turnover
3,500 homes
Network of community shops
Network of partners
Social Investment Strategy
Are we not already social enterprises? Unique place in communities Constant in the lives of residents Our responsibilities: - to residents - to government - buying power Corporate social responsibility (CSR) is only part of the
solution Housing providers make good partners!
Corporate mission
5 F’s work
West Midlands
Enthusiastic residents but .......
Opportunity to sharpen services
Personal development opportunity for staff and Boards
VAT saving, cost sharing and flexibility
Targeted/tailored services
Fits hand in glove
Planned maintenance programme
Environmental sustainability work
DIY school
Office cleaning
Office catering
Research work
Furniture projects
Grounds maintenance
Not always easy to deliver
Businesses require nurturing
Social value
Competitive testing
Sallie Ryan Partnerships Manager Social Enterprise West Midlands CIC http://socialenterpriseandhousing.org.uk/
▶ The Public Services (Social Value) Act 2012 – 31st January 2013
▶ Public funding - governing body, value for money, reducing budgets, audit requirements
▶ Contracts – supply chain, tendering, compliance, accountability, localism
▶ Community projects – social enterprises as income streams, employment opportunities, community engagement, social inclusion
▶ Social Return on Investment – evidence!
Chris White, MP
- Warwick & Leamington
EFFECTIVENESS EFFICIENCY ECONOMIC
B E S T V A L U E
PLANET PEOPLE PROFIT
‘CONSIDER SOCIAL VALUE’ Create more ‘local’ social value
Open up opportunities for social enterprises in the supply chain
CONTRACTS Organisational social value
Contract added social value
Supply chain and partners social value
Evidence outputs and outcomes
Think sustainability every time!
What’s Next?
1. Follow us @socenthousing
2. Sign up for newsletter
3. Send us a case study
4. SEED support phase 2
5. Spread the word: social sharing buttons
Email: [email protected] Work: 0121 633 4633 Mobile: 07880 242466 Email: [email protected] Work: 0845 450 7515 Mobile: 07880 357600
