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Social Enterprise – Central Coast Lunch & Learn SOCIAL ENTERPISE Creating opportunities WYONG SHIRE COUNCIL
Transcript of Creating opportunities Social Enterprise Central Coast › wp-content › uploads › 201… · The...
Social Enterprise – Central Coast
Lunch & Learn
SOCIAL ENTERPISE Creating opportunities
WYONG SHIRE COUNCIL
The Vision
“World’s best practice Social Enterprise’s thriving on the Central Coast.”
What is a world leading social
enterprise?
SOCIAL ENTERPRISE Creating opportunities
Spain:
• Mondragon: Humble co-operative to Spain's sixth biggest business
• Mondragon employs 85,000 people
• Operates 256 companies in Finance, Retail, Industry & Knowledge
A better future for the Central Coast
UK Examples of World Leading Social Enterprises HCT Group: Founded in 1982 to provide transport services for local
community groups . Now has a turnover of £28 million and employs over 700 people
London Symphony Orchestra: Established as a cooperative is the worlds most well known and most recorded orchestra
The Eden Project: A world leading environmental education and research facility and the regions leading tourist attraction
SOCIAL ENTERPRISE Creating opportunities
What is Social Enterprise in OUR region?
SOCIAL ENTERPRISE Creating opportunities
Social Enterprise definitions vary greatly between UK, EU and US.
Every region has unique economic opportunities and
social needs.
A better future for the Central Coast
The Social Enterprise Entity
An organisation that exists for a social purpose (community, environment or economic) using
business models and market based strategies to meet this purpose
Examples: Compass Housing, Fairhaven, Central Coast Tourism, Local Government
SOCIAL ENTERPRISE
Creating Social Value
A better future for the Central Coast
Social Enterprises are businesses that put making a difference
before making a profit.
The Social Enterprise Process
• Can be a project or a program.
• Applying a business or enterprise model to achieving a social purpose.
• Economically sustainable or has elements of cost recovery.
Example: Lake Haven Cinema Model
SOCIAL ENTERPRISE
Creating Social Value
A better future for the Central Coast
Lake Haven Cinema Social:
Place Activation Youth Employment Vibrant Communities 25 Jobs
Enterprise: Creates Permanent Asset Cost Recovery in 14 years Profits back to Community
So what's not a Social Enterprise for government?
• Project isn't driven by a social need or aspiration
• Project or program run solely at cost
• A cinema for another reason or in another location
• Duplicating existing businesses
SOCIAL ENTERPRISE
Creating Social Value
A better future for the Central Coast
Discovering the next BIG & BOLD:
Regional Mapping
• Mapping of economic opportunities to priority
social outcomes
• Identifying key opportunities for the future
social enterprise catalyst projects
SOCIAL ENTERPRISE
Creating opportunities
Transforming our region
Social Enterprise as a Verb “What is Social Entrepreneurship?
Whenever society is stuck, it needs an entrepreneur to see the opportunity and then to turn that vision into a realistic idea and then a reality and then, indeed, the new pattern across
society.
This is the work of social entrepreneurs”
Bill Drayton
WYONG SHIRE Social Enterprise
Creating Change
Social Procurement
• Local Preference Policy
• Triple Bottom Line Contract Weighting
• Supplier Survey
• Social Enterprise & Local Business Development
WYONG SHIRE
Social Enterprise
Creating Change
Adapt or Die
The captain of a ship received a message one night, "Change your direction 15 degrees North to avoid collision”.
A little indignant, the captain replied, “I am the captain of a large ship and recommend you divert 15 degrees South”.
The captain received the reply, “We are a lighthouse”.
No matter who you are, life will require flexibility. Be ready to make an adjustment.
Love our living lakes
WYONG SHIRE
Social Enterprise
Responding to Change
WYONG SHIRE
Social Enterprise
WYONG SHIRE
Social Enterprise
Social Return on Investment: Example Sam’s Cafe
WYONG SHIRE
Social Enterprise
Last Month @ Play Café 4 x 3hr groups (Total 12 hours) Mums: 90, Kids: 145 (Total 235) Total: 2,820 hours of Community Engagement
Social Return on Investment Example:
Valuing Relationships
• Number 1 determinant of
health (WHO)
• 80 % of jobs for long term
unemployed
WYONG SHIRE
Social Enterprise
Social Return on Investment Example:
Sam’s Cafe
WYONG SHIRE
Social Enterprise
Contrast to: Employment Support Early Childhood Intervention Provision of Health Services 2,820 hours x 12 months: 33,840hrs 33,840 x $25ph: $846,000.00
Social Return on Investment Example:
Sam’s Cafe
WYONG SHIRE
Social Enterprise
• Arts, music and social programs • Create a vibrant community
centre • Social inclusion for people with
disabilities • Employment (297 hrs. last month) • Cost recovery of social programs • Strategic SRI • Holistic i.e. enterprise & facilities
The project
• Development support (over 87 projects last year)
• Place activation & incubation space
• Crowd Funding & microfinance
• Social Enterprise Master Classes
• Information, resources and networking
• Workshops: Financial planning, lean canvas business planning, gamification and more….
• Development of accredited programs
Love our living lakes
SOCIAL ENTERPRISE
Creating opportunities
Taking a Strategic Approach to Meeting Communities
Needs & Aspirations
Capacity Building: Development vs Empowerment
Love our living lakes SOCIAL ENTERPRISE
Creating opportunities
Taking a Strategic Approach to Meeting Communities
Needs & Aspirations
Social Enterprise a Door to The Future
Once in a rare while, the fundamental architecture of society shifts.
Over the last two decades the organisation of society led by social entrepreneurs has
done so.
Bill Drayton, Ashoka 2002
WYONG SHIRE Social Enterprise
Thank
You
CENTAL COAST Creating opportunities
