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Published byMuriel Price Modified over 9 years ago
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The Happy Economy: Exploring Social Enterprise & Social Purchasing
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“Happiness,” the term that Aristotle uses to designate the highest human good... Philosophers and religious thinkers often define happiness in terms of living a good life, or flourishing…
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Economics is the activity of the market place… The “Market Place” has two components: Supply Side –producing and selling of goods and services in the market place Demand Side – the purchasing of goods and services in the market place
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Happy Economy is a Marketplace where the exchange of goods and services creates flourishing communities…
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The Emerging Market Place Ecosystem FormerEmerging Decide – Announce - Defend Quarterly Financials Compete Avoid Risk Silos Shared Values Create Opportunities Blended Value ROI Collaborate Development Profits Stakeholders Shareholders Share Prevent React Solve
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Traditional Non-Profit Relies on Charitable Gifts
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InputsActivityOutputOutcomeImpact Social Evaluation Framework Former ContextEmerging Context
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Traditional For-Profit Enterprise Seeks only a Financial Return on Investment
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Budget Implications Short Term $$$ ROI Long Term $$$ ROI Financial Evaluation Framework Former ContextEmerging Context
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Emerging Model is a Blended Value Impact
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Emerging Blended Value Model Financial Return on Investmen t Social Services Blended Value Impact
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Blended Value “Supply Side” Social Enterprises They sell goods or services in the market place to achieve a social, cultural and/or environmental purpose And they reinvest their profits to maximize their social mission.
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Catering Office Cleaning Health Care Building Maintenance Social Enterprises Offer a Full Array of Goods & Services Manufacturing Temporary Labour Services Recyclin g Landscaping 13
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Blended Value “Demand Side” Social Purchasing Social Purchasing uses existing purchasing to create a social value Not less value or more cost-- blended value!
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Progression of Social Purchasing Legal Minimum External Ethical Philanthropy CSR Engage Stakeholders Collaborate Transform Initiate Integrate Former Context Emerging Context
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Social Purchasing Framework Price Social Green Quality
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Social Enterprise Social Purchasing Happy Economy Blended Value Marketplace
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A Happy Economy is a Community Economy… Where the exchange of goods and services creates flourishing communities…
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www.buysocialcanada.ca David LePage Accelerating Social Impact CCC david@asiccc.ca
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