SOCIAL ENTERPRISECliff Southcombe

What is Social Enterprise?

BUSINESSSOCIALOBJECTIVES

VALUES

Different ownership structures

Community members

Workers and volunteers

Beneficiaries and customers

Social investors

Multi – tier enterprises

Pure or hybrids

Social enterprise/entrepreneur?EU-style Social Enterprise: US-style Social Entrepreneurship:Collective Action Individual Action

Labour movement or government responses to social issues

Entrepreneurial (market) responses to social issues

Incremental building of social capital and assets

Fast effective achievement of social outcomes

Solidarity and Mutuality Champions and Change Agents

Accommodation of stakeholders Adherence to a ‘vision’

Democracy (bottom-up governance) Philanthropy (top-down governance)

Third sector Any sector

The Winner?

LOYAL CUSTOMERSMOTIVATED STAFF AND VOLUNTEERS

NO SHARE DIVIDENDS

MONEY FROM GRANTS AND SALES