Changing careers into social enterprise
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Changing careers into social enterprise

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Changing careers into social enterprise Presentation Transcript

  • 1. Social Enterprise – a bluffer’s guide#Esc2SocEnt@EscTheCity@EmergeLab@OnPurposeUK
  • 2. LOTS OF PEOPLE FROM LOST OF WALKS OF LIFE ARELOOKING FOR NEW WAYS TO DO BUSINESS 2
  • 3. THE OLD SYSTEM IS AN INEFFICIENT WAY OFORGANISING SOCIETY 3
  • 4. SOCIAL ENTERPRISE PROMISES SOME REALADVANTAGES VIS A VIS CHARITY AND BUSINESS 4
  • 5. THE DEFINITION OF SOCIAL ENTERPRISE REMAINSCONTENTIOUS Mission Use of profits Ownership Trading status Legal structure 5
  • 6. THINKING OF A SPECTRUM OF SOCIAL ENTERPRISE ISOFTEN MORE HELPFUL Social enterprise intermediaries Traditional Philanthropic Social Enterprise- Traditional business business enterprise related charity charity 6
  • 7. ALL KINDS OF ORGANISATIONS ARE REPRESENTED ONTHIS SPECTRUM Social enterprise intermediaries Traditional Philanthropic Social Enterprise- Traditional business business enterprise related charity charity 7
  • 8. SO THERE ARE LOTS OF DIMENSIONS TO CONSIDERWHEN ENTERING THE SOCIAL ENTERPRISE SPACEFront-line IntermediaryCommercial CharityStart-up EstablishedLarge SmallEducation Climate changeSales rep Accountant 8
  • 9. LET’S TALK ABOUT SOME SPECIFIC EXAMPLES 9
  • 10. HERE ARE SOME USEFUL JOBS SITESwww.escapethecity.orgwww.impact-society.comwww.clearlyso.comwww.justmeans.comjobs.thirdsector.co.ukwww.socialenterprise.org.uk/pages/job-page.htmljobs.guardian.co.uk/jobs/charitieswww.careershifters.orgjobs.firetail.co.ukwww.charityjob.co.ukwww.idealist.orgwww.bridgespan.org/Careers 10
  • 11. http://www.forbes.com/sites/samanthasmith/2012/09/10/34-places-to-find-that-new-job-social-innovators-edition/ 11
  • 12. http://www.forbes.com/sites/samanthasmith/2012/09/10/34-places-to-find-that-new-job-social-innovators-edition/ 12
  • 13. PRACTICAL NEXT STEPS 1. The best way to transition into a new industry is to build up experience and contacts in that industry, while you’re still in your current job. 2. Start with a blog and Twitter profile, knowing that people are going to look you up online – if you can demonstrate that you’re passionate about the subject through having writing online and intelligent opinions on in the industry, you’re more likely to engage people in meaningful conversations. 3. There is no timeframe on how long it takes to find what you’re interested in. It can take weeks, months, or years. So balancing it financially sometimes means taking on a part-time job, or reducing expenses as much as possible, while you’re finding your escape. Be patient. 4. If transitioning from corporate to charity, be prepared to argue your case as to why you’re voluntarily taking a pay cut and why you’re going to stick at the role. (If transitioning into social investment or other impact investment jobs, you won’t necessarily have to take a pay cut.) 5. Follow people who have made a similar leap to you and ask them how they did it – through Linkedin, Escape the City, or through personal networks. 13
  • 14. READ REPORTS/NEWSLETTERS FROM: •Nef •NESTA •Young Foundation •NPC 14
  • 15. EVENTS • Net Impact • Impact Lab • Young Foundation – monthly sessions on modeling / finance (Gemma) • Big Society Capital (Natasha) • Careers in Charity (Carla) • Claridge Capital (Saskia) • Clearly So (Rod) 15
  • 16. ONLINE PROFILE 16
  • 17. SOCIAL INVESTMENT LINKS http://www.cabinetoffice.gov.uk/resource-library/growing-social-investment- market-vision-and-strategy http://blogs.ft.com/martin-wolf-exchange/2012/07/02/banking-reforms-after-the- libor-scandal/ http://www.ssireview.org/articles/entry/measuring_social_value http://opinionator.blogs.nytimes.com/2012/06/27/fixes/? utm_source=Fixes+Phil+Equity+article&utm_campaign=6-28-12-PressHit-NYT- CapPart-ABL&utm_medium=email http://www.fastcoexist.com/1680075/accountants-will-save-the-planet http://www.forbes.com/sites/jessicahagy/2012/07/17/the-6-people-you-need-in- your-corner/ 17
  • 18. FUNDING As an Approved Provider for a £10 million government fund for social enterprises, Claridge Capital seeks to work with social enterprises that: • Are based on a robust, scaleable business model • Can provide compelling evidence of their social impact • Are capable of delivering near-to-market financial returns. 18