Social Innovation

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Having Social Impact
The Challenges of Working for Community Benefit
Prof. Peter Shergold Chief Executive the Centre
for Social Impact
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The Not-For-Profit Enterprise
community benefit
civic engagement
advocacy
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Social Enterprises as Small Businesses

• Local knowledge
• Committed leadership
• Scarce resources
• Limited planning and evaluation
• Competition
• Reputation

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Social Enterprises as Social Enterprises

• The harnessing of voluntary effort
• The commitment of the heart
• The setting of community goals
• The measurement of value
• The challenge of multiple stakeholders
• The significance of governance
• The burden of regulation

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Key Messages

• Social enterprises are businesses
• and should be business-like in their operations
• but they operate within a social economy
• Social enterprises should learn from the private
  sector
• but commercial principles need to be modified
• and the learning should be reciprocal
• Social enterprises need to improve their
  performance
• but, against the odds, they have delivered
  significant community benefit

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The Social Enterprise and Philanthropic Endeavour
Not-for-profit
Philanthropic sector
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The Social Enterprise and Corporate Social
Responsibility

Not-for-profit
Corporate
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The Challenge of CSR for Social Enterprise

• Benefits
• Income and resource support
• Focus on business effectiveness
• Improved accountability, transparency,
  answerability
• Greater recognition
• Challenges
• Mission drift
• Administrative costs of reporting / evaluating
• Asymmetrical power relationship

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The Social Enterprise and Governments
Not-for-Profit

community benefit
civic engagement
advocacy
funding regulation
policy
Government
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The Challenges of Government for Social Enterprise

• Benefits
• Income and resource support
• Focus on business effectiveness
• Improved accountability, transparency,
  answerability
• Greater recognition
• Challenges
• Mission drift
• Policy subversion
• Accountability ambiguity
• Co-option
• Regulatory burden
• Crowding out
• Asymmetrical power relationship

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Social Innovation
Not-for-Profit
community benefit
civic engagement
advocacy
mutual learnings
mutual learnings
social investment
funding regulation
ethics
social innovation
social responsibility
policy
regulation
sustainability
Corporate
Government
advocacy
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the Centre for Social Impact

• Purpose
• to support and strengthen the social enterprises
  of today, and to educate and inspire the social
  entrepreneurs of tomorrow
• Ambition
• to help build an Australia renowned for its
  professionalism and competence in delivering
  community benefit and its capacity to generate
  social innovation

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the Centre for Social Impact

• Values
• To direct the academic excellence of our teaching
  and research to social benefit and public good,
  informed by community engagement and stakeholder
  collaboration.
• Based upon
• academic excellence
• collaboration
• transparency
• flexibility
• urgency

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The Centre for Social Impact

• Learning opportunities
• Practical Research
• Facilitation

• Greater recognition
• Better practice
• New approaches

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Want to Know More?

• Email CSI_at_unsw.edu.au

Thank you