IMCV “The End of Charity…?” - the Social Enterprise model David N. Brady MA FCA Partas 20 June...

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Transcript of IMCV “The End of Charity…?” - the Social Enterprise model David N. Brady MA FCA Partas 20 June...

IMCV

“The End of Charity…?”- the Social Enterprise model

David N. Brady MA FCAPartas

20 June 2012

Bio

— Accountant, consultant, entrepreneur

— Partas SEU

— WINSENT/ WISEA

— CAI / Rise Foundation / DCU

— “Doing Good” CAI Publication in 2013

Topics

— Definitions (and more definitions…)

— 3 tier Social Enterprise model

— 6 biggest opportunities in Social Enterprise

— “But I’m a Charity…”

— Developments nationally

— More about structures

— Things to think about….

End of Charity?

— Nic Frances book

— Questioning of Aid Model

— Cuts in Government Funding

— Business and Entrepreneurship solutions

— The tidal wave of Private sector SB services

— Mentoring need on business model

Definitions

Social Enterprise

“A business established to achieve primarily social goals using business disciplines, means and processes.”

Social enterprise or trading wing?

Social Entrepreneur

“Individuals who ignite social change by challenging the status quo and using their entrepreneurial skills and talents not for financial gain but for public or social benefit.” SEI

Is entrepreneurship and charity compatible?

Does charity tackle causes or stem the flow?

Social Entrepreneurs

Best Known Social Entrepreneurs

— Mohammad Yunus

— John Bird

— Jamie Oliver/Leon Arts

— Sister Stan

— Caroline Casey

3 tier Social Enterprise Model

Tier 3“Stand Alone SB”

Tier 2“Strategically

Aligned”Tier 1

“Profit Generator”

Tier 1 - “Profit Generator”

Tier 2 - “Strategically Aligned”

Tier 2 - “Strategically Aligned”

Tier 3 -“Stand Alone Social Business”

Partas

— Origins in last recession

— 4 enterprise centres in Tallaght

— FETAC accredited training centre

— DVP Social Economy unit

— Tallaght Trust Fund

— WINSENT/WISEA

SE Opportunities

The 6 Major

Social Enterprise opportunities for business start-ups

1.

Tourism

2.

Undertaking

Tier 2 - “Strategically Aligned”

3.

Security

4.

Professions

5.

Health & Education

6.

Social Housing

“But I’m a Charity…”

The Social Enterprise route raises questions about-

— Effective Governance

— Corporate Structure

— Organizational Structure

— H.R. Skillsets etc.

Developments in Ireland

— Social Entrepreneurs Ireland, Arthur Guinness Fund, Ashoka

— Clann Credo, Social Finance Foundation

— Appointment of a Junior Minister

— Social Impact Bonds

— SE Task Force, Social Enterprise.ie, Wisea/Winsent, Partas

— The “Tidal Wave…” of changing business paradigms

More about Structures

— Company Limited by Guarantee

— Hybrid Private, Charitable structure

— Co-Operatives

— CICs (UK only)

— ??

Things to think about…

Questions for you and (your Board)…

1. What elements of your current charity operates effectively as a private sector business?

2. What trends or niches of your business are at risk to the private sector? What new trends or niches could you hive off as a social enterprise?

3. What implications might this afternoon’s presentation have your governance, business structure and HR/staff skill-sets?

Q & A

What questions do you have?

Thank you for your time

dbrady@partas.iewww.twitter.com/david_brady

www.facebook.com/PartasTallaght