Mission, money + partnership

MISSION, MONEY + PARTNERSHIP

Forthcoming trends 1) Resilience 2) Partnership, collaboration and merger 3) Bang for buck 4) The Obama effect 5) Internationalisation 6) Jobs and skills 7) Mobiles 8) Niches 9) Realism 10) Investment + funding

Why does mission matter?

Distinguishes social entrepreneurs in absence of purely financial motive

Crucial first step for planning / evaluating

Communication to people (internal / external)

Aid decision-making / avoid drift

Why does mission matter?

Distinguishes social entrepreneurs in absence of purely financial motive

Crucial first step for planning / evaluating

Communication to people (internal / external)

Aid decision-making / avoid drift

Sustainability

Funding types

Government: local, regional, national, EU

Lottery: BLF, HLF, Awards for All

Trusts & Foundations: UK + international

Corporate Support: CSR, pro bono

Individual Giving: donations, philanthropy

Earning: contracting, procurement

Trading: selling, retail, trading

+ other resources: in-kind, volunteering....

Mission-Money Matrix majority activity stay out! proceed with caution prime target on mission off mission more money less money

Recession Matrix? minority activity? stay out (where possible) proceed with (less) caution dreamland on mission off mission more money less money

Partnership: key questions

What is the purpose?

What form should it take?

Are the shared aims realistic?

Who should be involved?

How formal should it be?

Partnership continuum cooperation coordination merger collaboration Types of activity more less complexity and intensity Sharing info for mutual benefit Referrals Informal support Separate goals, resources, structures

Partnership continuum cooperation coordination merger collaboration Types of activity more less complexity and intensity Sharing info for mutual benefit Referrals Informal support Separate goals, resources, structures Event / short-term project Some planning/ division of roles Some shared resources, risks & reward Individual identities maintained

Partnership continuum cooperation coordination merger collaboration Types of activity more less complexity and intensity Sharing info for mutual benefit Referrals Informal support Separate goals, resources, structures Event / short-term project Some planning/ division of roles Some shared resources, risks & reward Individual identities maintained New structure with common goals All partners contribute resources + gain rewards Longer commitment + durable partnerships

Partnership continuum cooperation coordination merger collaboration Types of activity more less complexity and intensity Sharing info for mutual benefit Referrals Informal support Separate goals, resources, structures Event / short-term project Some planning/ division of roles Some shared resources, risks & reward Individual identities maintained New structure with common goals All partners contribute resources + gain rewards Longer commitment + durable partnerships Most complex Complete integration Most difficult to achieve Least common Multiple variables

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