THE POLITICS, POLICY, POPULAR PERCEPTION AND PRACTICE OF SOCIAL ENTERPRISE Dan Gregory, Bristol, June 2016.

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Presentation transcript:

THE POLITICS, POLICY, POPULAR PERCEPTION AND PRACTICE OF SOCIAL ENTERPRISE Dan Gregory, Bristol, June 2016

Social Enterprise in the UK Politics Policy Public perception Practice

Politics

Politics

Politics from 2010

Politics from 2010 This is the theory of SIBs. However, according to some, net savings are not essential for a SIB. Quite often savings may accrue but not to the commissioning body. What matters is that the partners agree a SIB mechanism could make sense from their perspectives.

Meanwhile…

Policy

Definition! independent social (or environmental) purpose reinvests majority of profits trading

Who said that? “I believe we now have a real opportunity to create a much larger mainstream social enterprise sector in Britain”

Practice 12,000 68,000 200,000 1 million +

Practice 11,000 CICs Spin-outs 49% are under 6 years old – 3 times the proportion of SMEs 52% grew their turnover, greater than the figure for SMEs more widely (40%) 14% of social enterprises export or licence 59% introduced a new product or service compared to 38% More inclusive and diverse leadership: 40% of social enterprises led by women; 31% with Black Asian Minority Ethnic directors; 40% having a director with a disability 41% of social enterprises created jobs compared to 22% of SMEs. Average pay ratio 3.6:1 compared to 150:1 among FTSE 100 CEOs.

Scandal!

Conclusion