Overcoming Obstacles to Create Real Impact - Improving Quality of Life for Disabled People
Overview Presentation purpose Live example – Worldmade Leadership issues Skills and resources to alleviate poverty Quote from TBN brochure: ‘Business is the only sustainable solution to poverty’
Introduction to Motivation Registered charity and company limited by guarantee Established in 1991 Mission is to enhance the quality of life of people with mobility disabilities Areas of work include; survival, mobility, empowerment and inclusion Worked in more than 35 countries around the world Work from grassroots through to policy making level Many international collaborations including WHO etc. Leadership – innovation
The Need for Wheelchairs Mobility a pre-requisite for QoL improvement 20 million people need a wheelchair Supply of wheelchairs Disability, mobility and poverty World Health Organisation Leadership – standards
Worldmade – background Better quality, lower price, higher numbers Products, service and training Large third party purchasers Business approach Concept of a social enterprise in 2007 Business plan in 2008 Investment funding in Leadership – quality service
Worldmade – structure Flat pack, local assembly for assessment, prescription and fitting Range of product Core objectives Income generation Humanitarian effort vs. generating profit 5 yrs 45,000 individuals per year and £500K profit 2010 – estimated profit approx £100K Financing through grant and loan Leadership – sustainability
Spin-offs and Quick Hits Sports chairs developed with IPC, ITF and IWBF Market share in more developed countries. Sold in 34 countries 150 units per month Margin - 20% to 70% Leadership – opportunities
Lessons Concept development Hearts and minds journey Converting need to demand Financing options Skills and knowledge gaps The social impact Conflict of interest between humanitarian aims and business Leadership – managing change
Social Enterprise and the Individual
The Future Franchise model and sustainability Commercial management Remaining dynamic Wholesale model Exploring more commercial markets – honey, tomatoes Leadership – learning
Challenge for TBN Investing in investment opportunities Project example Need for expertise, finance and mentoring Understanding the value of your knowledge Social enterprise from charity/humanitarian sector or from business sector Leadership – leading the sector
Quality of life