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26 th September 2007 Portsmouth Business School Laura Wilson-Edwardes Nick Capon Laura.Wilson-Edwardes@port.ac.uk Nick.Capon@port.ac.uk Social Enterprise: fashion or growing economic sector?
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Types of social enterprise in Portsmouth Environment Elderly care Counselling Youth Education Housing Immigrants Health Employment IT
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Impossible blend of making money and serving people? n=12 CEO of Portsmouth Social Enterprises, May 2007
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Charity or Social Enterprise? Income & Profit & Social Focus Big Charity (NSPCC) Small CharitySmall Social Enterprise Small Business Large Social Enterprise (Big Life Group) Large Business (Vesta Blades Ltd)
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Lessons to be learned from social enterprises by private and public sectors Leadership Ideas/image Approach
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Success Factors 1 - Leadership You: The Entrepreneur –Motivation –Education, training –Track record, management experience –Teams, selecting people –Age
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Success Factors 2 – Ideas/image The Enterprise –Assets, right to deploy –Distinctively superior in chosen market sector –Sustainable difference/ superiority –Legal Status –Age and Size –Location –Ownership
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Success Factors 3 The Business Approach –How to compete –Finance –Market Position –Innovation, choice of products and services –Finding Future Managers
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Over to You… Handout –Do you agree? –Learning points for you? Group discussion –Do you agree importance of these points? Group discussion –Learning points for my organisation? –Red means I agree, and some considerable thought required by me –Amber means maybe, some factors to consider –Green means you have this area covered
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