Entrepreneurship education

At SSE we like to tackle the big questions in life: If a tree falls in a wood and no-one’s there, does it make a sound? What is the meaning of life?  Where is Timbuktu? And, of course, are entrepreneurs born not made?

A similar poser is "Can entrepreneurship be taught?", to which one might add, "or can it be learned?" There’s no easy answers here, but SSE certainly recruits on the basis of character traits and life experience, rather than paper qualifications. What might be a more interesting version is "Can entrepreneurship be learned in an educational institution?" This is particularly relevant because a lot of the skills that employers are looking for are possessed by entrepreneurs: innovation, flexibility, cross-cutting skills, adaptability, self-reliance and so forth. As a result, there is a lot of interest in teaching entrepreneurship, and social entrepreneurship, in schools.

The most famous and long-lasting of these has been Young Enterprise, which encourages students at school to set up actual business/enterprises in a learning-by-doing kind of way, primarily outside of the normal school day. The Young Foundation are looking at something more radical still, in the form of Studio Schools; as they put it:

"The idea of a studio school hangs on the central feature of a series of
operating businesses run by the students themselves. As small schools
closely linked to particular industries, participant numbers would be
capped at 300 per school and the staff would comprise a mix of teachers
and non-teachers with business expertise."

Which reminds me of an even more radical US experiment that I read about, under which the whole school had its own money, courts and taxation. Now that is learning by doing….

Other initiatives with a particularly social entrepreneurial leaning have been put in place by Changemakers and Cantilever (offshoot of CAN), though they battle the limits of the curriculum. If entrepreneurship inevitably contains risk and failure, can it happen in the classroom?

Or, as this article suggests, do most entrepreneurs simply get on with it from a young age, be  it via the paper round, selling to school friends, or, in some unusual cases, running a lemonade stand that gives money to charity…..youngest social entrepreneur of the week award….

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Third Sector Review + a Breakthrough in social investment

Spent yesterday at the Treasury / Cabinet Office Third Sector consultation (focusing on social enterprise) as part of the Comprehensive Spending Review. All off-record, but thought I would just mention that Ed Miliband (who attended the London SSE Fellowship ceremony last Thursday) quoted Becky Barrett, one of the new Fellows, as an example of those individuals driving change, repeating her immortal words, “I realised frozen potato waffles weren’t going to change the world”. Nuff said, methinks. [more on the ceremony soon]

The consultation was interesting, if (inevitably) too brief, slightly restrictive and too short (again!) of practitioners. And, yes, I know I was only making that worse, but hopefully I was representing our myriad of Fellows as well as SSE itself. As ever with such things, fine and welcome words were heard: the proof will be in the eating….

Another event tonight, the launch of CAN‘s new Breakthrough investment fund, in association with leading international private equity firm Permira. The Telegraph has a write-up, which is worth a read, and the event features that man Ed Miliband again, the chief execs of Permira and CAN + the journalist David Aaronovitch….should be interesting. Amongst the first three organisations to benefit from the new investment/venture philanthropy initiative are Green Works and, intriguingly, TimeBank, the volunteering charity that government helped establish.

Replicas exactas Golden GooseI say intriguingly because the latter choice shows that Permira and CAN are using a broad definition of social enterprise, which is to be welcomed. Time Bank is a charity primarily funded by government, trusts and foundations and corporate sponsors/partners, so will not be some people’s idea of social enterprise; but it may also be taking risks, acting entrepreneurially, grasping opportunities, developing new initiatives and so on, meaning it has a place in the wider world of social entrepreneurship.

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Enterprising (and Echoing Green) People

SSE loves an award, so always happy to point out those who’ve earned some recognition in whatever form….

– the Enterprising People Partnership  in Bristol has been named as the “most enterprising place in South West England”, making it the regional winner of the DTI’s ‘Enterprising Britain
2006’ competition, “an annual national contest to reward towns, cities
or areas of any size across the country that are best improving
economic prospects and encouraging enterprise in their regions”. More info about EPP via the link

– Echoing Green, the US-based organisation, announces its line-up of Fellows for 2006 (we blogged about the nominees before). Echoing Green was set up in 1997 to “spark
social change by identifying, investing and supporting the world’s most
exceptional emerging leaders and the organizations they launch”.

– And from their site, not an award but certainly recognition, some young social entrepreneurs were on the cover of Newsweek the other week, an article which is worth a read; look forward to UK-based magazines following suit soon ;0)

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Lucca Leadership

Interesting meeting with Tim Munden of Lucca Leadership today. They are an international organisation which runs week-long transformational leadership courses…

“…which enable young people of all nationalities and backgrounds to
discover their purpose, clarify their vision and develop the skills
needed to make change happen for the benefit of their communities,
nations and, ultimately, humanity itself”

Read more about their vision/approach, and their different programmes.

What struck me in our conversation was the common ground between their work and ours at the SSE. Using a project as a vehicle for learning, recruitment on the basis of values/qualities/life experience, diversity of intake, and the importance of reflection and dialogue. All makes me wonder whether programmes for social entrepreneurs (who could equally be called community leaders, or entrepreneurial leaders) would benefit from a greater emphasis on a transformational leadership
process. As the Lucca website puts it,

“It is an approach to leadership that creates sustainable solutions,
and avoids solutions that benefit some at the expense of others.”

Which could, in some cases, be a way of defining social entrepreneurship as well.

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Social Entrepreneurship Monitor

New research out this week from the Global Entrepreneurship Consortium (no, me neither), namely the Social Entrepreneurship Monitor. It’s basically a subset of the London Business School’s more general research into entrepreneurship (based on surveys of the general adult UK population) but it has some interesting findings worth pulling out. The data occasionally appears very, well, general, and the definitions of entrepreneurship arguable, but here goes:

– rural locations may be more socially entrepreneurial than urban regions

– women are proportionately more likely to be social than ‘mainstream’ entrepreneurs

– those who are labour market inactive are more likely to be social entrepreneurs than mainstream entrepreneurs

– social entrepreneurs can become more disillusioned/disheartened as time goes on, leading the report to suggest that "policy needs to focus on maintaining and developing the strenght of attitudes amongst the population of social entrepreneurs, if the population of social enterprises is to continue"

– social entrepreneurs are ‘community-centric’ and rely heavily on networks and support structures for their work

– over half of (established) social enterprises are charities, with a third "not for profit", and small percentages of co-operatives and limited liability partnerships (are they not "not for profit"?)

– financing remains the central issue…

There’s more in the report, but some interesting stuff here, particularly around which groups are more likely to be socially entrepreneurial, and the importance of support to maintain attitude and motivation, as well as deliver knowledge and skills.

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