Peninsula Animal Aid
MEDIA, JOBS & RESOURCES for the COMMON GOOD
NEWS  | 

Lessons from Peter Holbrook, CEO of Social Enterprise UK


Tuesday, 11th June 2013 at 9:42 am
Staff Reporter
There is good reason for Australia to look to the UK for leadership in the social enterprise movement over the last 15 years, according to Social Traders Head of Strategy and Market Development, Mark Daniels.

Tuesday, 11th June 2013
at 9:42 am
Staff Reporter


0 Comments


FREE SOCIAL
SECTOR NEWS

 Print
Lessons from Peter Holbrook, CEO of Social Enterprise UK
Tuesday, 11th June 2013 at 9:42 am

There is good reason for Australia to look to the UK for leadership in the social enterprise movement over the last 15 years, according to Social Traders Head of Strategy and Market Development, Mark Daniels. In the land of hope and glory, strong political leadership, significant financial resources and supportive enabling organisations have all contributed to creating a vibrant social enterprise environment, he says.

The growth of social enterprise activity in the UK has stemmed from political champions since Tony Blair’s election as Prime Minister back in 1997, followed by Gordon Brown and now David Cameron.

Recent initiatives include Big Society Capital and the Social Value Act.
The £600 million Big Society Capital is an investment bank that provides access to finance to tackle social issues.

The Social Value Act requires public sector buyers to give consideration to social, environmental and economic benefits in the procurement process.
Investment-readiness and contract-readiness funds have also been set up in the UK to support start-up and early stage social enterprise development.

Having joined Peter Holbrook, CEO of Social Enterprise UK (SEUK) on his recent whirlwind trip to Australia, I was struck by three key insights about what is needed to develop a thriving social enterprise In Australia:

  • Top of the list is the way that SEUK frames social enterprise. It is not part of a ‘third sector’ or ‘fourth sector’ in its own right; but a more embracing model for responsible capitalism. It is the way we want business and society to operate in the future. Social enterprise leaders and believers are the activists that will demonstrate to business, government and consumers a new model of operating that benefits society.
  • Social enterprise has been embedded in public policy and legislation. The Social Value Act, the right for public sector staff to mutualise public services and the introduction of the Community Interest Company (CIC) in 2005 are all mechanisms that embed social enterprise in government systems and move society towards responsible capitalism.
  • Concerted advocacy and professional expertise is critical. Over the last five years in Australia, several new support organisations have emerged that are building capacity and brokering in resources to support social enterprise development. However, social enterprise does not yet figure in mainstream economic or social policy of government. More needs to be done in capturing and communicating the significant economic contribution and impact of social enterprise. And we need to promote the benefits of buying social value and creating stronger linkages between social enterprise and buyers.

The current development here of A Manifesto for Social Enterprise, outlining a vision and pathway to enable the growth of the social enterprise sector in Australia, will hopefully bring greater energy and focus to emulating the impressive UK experience.




Got a story to share?

Got a news tip or article idea for Pro Bono News? Or perhaps you would like to write an article and join a growing community of sector leaders sharing their thoughts and analysis with Pro Bono News readers?

Get in touch at news@probonoaustralia.com.au

Get more stories like this

FREE SOCIAL
SECTOR NEWS

Write a Reply or Comment

Your email address will not be published. Required fields are marked *



YOU MAY ALSO LIKE

Dead Fish, Criminal Bankers, Aged Care Abuse – Where are the Regulators?

David Crosbie

Thursday, 14th February 2019 at 8:46 am

A New Standard of Sustainability

Contributor

Thursday, 14th February 2019 at 7:30 am

Making Progress on Social Enterprise Legal Models

Alan Greig

Tuesday, 12th February 2019 at 8:21 am

Telstra Business Awards Nominations Open for 2019

Luke Michael

Thursday, 7th February 2019 at 8:21 am

POPULAR

Culturally Diverse People With Disability Struggling to Engage With NDIS

Luke Michael

Friday, 8th February 2019 at 4:42 pm

‘Toxic’ Amnesty Workplace Sparks Criticism of Australian Social Sector Culture

Maggie Coggan

Wednesday, 13th February 2019 at 5:29 pm

Program Looks to Halve Electricity Costs for Charities

Luke Michael

Tuesday, 12th February 2019 at 4:26 pm

Peninsula Animal Aid
pba inverse logo
Subscribe Twitter Facebook

Get the social sector's most essential news coverage. Delivered free to your inbox every Tuesday and Thursday morning.

You have Successfully Subscribed!