Changethinking

Archive for the ‘entrepreneurship’ Category

Europa have just released the latest 2009 state of entrepreneurship survey – which interestingly shows that 45% of Europeans would like to be their own boss, if they could.

The EU survey suggests that entrepreneurs are held in lower regard in Europe than their contemporaries in the USA.

The survey highlights the differing attitudes in the US, Europe and Asia to entrepreneurship, but does show that the preference for self-employment remained stable across all regions.

Women seem to lag behind men and young people as a cohort expressing a preference for self employment.

Those surveyed shared their opinions of entrpreneurial individuals as either ‘job creators’ or as ‘exploiters’.

What was not a feature of the survey, to its detriment we think, is factoring in social entrepreneurship or the context of social enterprise as a vehicle for community business change.

Perhaps if more Europeans knew more about social enterprise or social entrepreneurs,  or the impact the sector can have on communities – the range of relative levels of hesitancy to outright distrust of entrepreneurship expressed might be very different.

What do you think?

You can find the survey synopsis here.

The entry pages to the European Small Business Portal can be found here.

Doherty, Foster, Mason et al have produced a great primer for the person intent on mastering the management of social enterprise.

Published in 2009 the book Management for Social Enterprise contains a wide ranging and detailed analysis of many aspects of successful social enterprise management.

It combines not only operational advice, but also gives pointers across some of the ethical issues, corprorate tensions and community reactions that an emergent social enterprise can deliver.

There is also a strong section on financial management of social enterprises, which although created by academics scores well in terms of readability for the lay person. We recommend it.

You can find other books on social business on our SmithMartin ethical business book page…read more here.

The Arthur Guinness Fund, UnLtd and Rathbone have joined forces to create the Guinness Bring It To Life Awards, offering new young entrepreneurs with a community changing idea the chance to get started.

Aimed at ideas driven social venturers in the cities of Edinburgh, Glasgow, Liverpool, Manchester, Birmingham or London – the new fund will support ideas, exisitng or new, that have social or environmental aims.

The Bring It To Life web site states that…

Two levels of Award are available for entrepreneurs. 15 Catalyst Awards, each worth up to £2,200, are available for those who need the running costs to get their idea off the ground and 6 Development Awards, worth up to £15,000 each, are available for established social entrepreneurs to get their ventures fully operational.

You need to send in your expression of interest by July 9th, 2010. The full application process closes on 23rd July.

The winners of the awards will be announced, it is planned, by September 2010. See the award web site for more details.

The Digital Participation Fund deadline is approaching. Applications have to be with the fund by 5.00 p.m. on the 1st. June 2010, for this first round.

Designed to support initiatives that increase participation in online activities, get more from already being online and to get help to exploit the real social and economic benefits of being online.

The Fund is open to any charity or incorporated organisation, with the Fund stating that there is likely to be several rounds of funding available over the next three years.

The Fund notes say they are looking for projects of any size, that can be evaluated, replicated and that offer depth and breadth to internet access.

You can get full details of the Fund, the aims it has and all the forms for application here, in both PDF and Word format.

If you are already helping people get access to the online world, or are planning to, check out the Digital Participation Consortium.

Nathaniel Whittemore has just published an interesting reflection on the role of business practices in social entrepreneurship. His work appears on the change.org site.

The context of his article was a critique of the management consultancy McKinsey & Co. and their recent debate on whether the language of business is relevant in our sector.

His argument is summarised here…

…talking about “the language and practice of business” and assuming that is a monolith is sort of like talking about “the language and practice of nonprofits” and trying to lump community development initiatives, affordable housing, humanitarian relief, and undergraduate education all together. In other words, it just doesn’t work.

Running our own small business and trying to help others in a diverse range of communities of interest to start social businesses clearly places us well out of the orbit of McKinsey. However, the argument proposed in the change.org piece rings loud and clear to us.

Highly complex and detailed management reporting or business plans, and the knowledge of how to produce them, is clearly an important constituent in delivering effective change in a social business. It goes also to establishing credence and mission based objectives for any organisation.

However, at ground zero of delivery in a local community all strategic analysis and esoteric conceptualising is subservient to the immediacy of solving the current problem, the now of small things.

Not to cope with this aspect of a social business start-up will handicap its development from the earliest stage. We would argue that what makes for the most successfully entrepreneurial organisation is the embrace of theory and methodology BUT coupled to passion, drive and social reformation.

One of our partners, in describing our partnership philosophy, says that we are social radicals but fiscal conservatives.

Not sure that every team member would recognise the model as we believe state spending is an integral part of the enduring social contract, but a great truncation of a sophisticated and socially passionate set of drivers for any group of people who want to effect change – by interacting with diverse communities of interest and power.

As Whittemore has it…

…entrepreneurs in general tend to want every single tool they can get in their toolbox. They don’t want to limit themselves to only one approach simply because that’s what has been done before’.

This rings true to us – across the roundabout, under the bypass and into the community centre.