GenY: The future of Social Enterprise?

It seems that the job market is approaching a generational crossroads. Rosetta Thurman  reports that the idealistic baby boomers that once started the non-profits that
blossom today are leaving their jobs to retirement. But who is going to replace
them? Generation Y perhaps? (The Internet generation, born roughly between 1976-2000).
They are young, ambitious, highly selective and are now gradually entering the
job market for the first time.

In China, at least 550 million people fit the profile,
almost double the entire U.S. population. In America however, Generation Y
number about 70 million, still a sizable group. Recent news reports from the
Iowa Caucuses indicate that these youngsters are a
force to recognize
,
virtually handing Barack Obama the momentum in the U.S. presidential race.
These echo boomers are techno sawy, they demand change, they are financially smart and they want
to make a difference from day one. At a glance it may seem that the growth of
social enterprises and entrepreneurship should explode any day now, and I
admit, the environment is ripe for harvest. It seems though that the harvesters
are sleeping and unless they act on the momentum the Gen Yers will shift their
attention somewhere else.

Idealism is no longer a word only associated with hippies
and environmentalists but rather a powerful influence on today’s youth.
However, idealism by itself normally does not survive the transition into adult
life unless it becomes real. It is kind of like believing in Santa Claus down at
the local mall; one day your bound to catch him during a smoke break in the
back alley. For many young people, idealism works the same way. You grow up and
realize that it was all a scam and that you cannot matter or make change in the
big picture.

In our day and age, secondary schooling normally work as
this wake-up call. For hours on end I learned about hunger and drought, the
AIDS epidemic, war and terror, ethnic strife, climate change and poverty. At
first I was determined to fix it all, until one day I gave up, thinking I
couldn’t do anything that would make a difference. In schools, students are
shown the big picture but never the solutions, which are almost always small
and local. Schools should of course continue to teach reality, but someone has
to show young people that there are solutions – and that’s where the third
sector comes in!


I am lucky to intern at SSE where I get to witness first-hand the many local solutions that exist. The
social sector has the potential to grow immensely now that GenY is growing up,
but only if it provides opportunities for idealism to continue to exist in today’s
brutal reality. The sector must reach out to GenY and show young idealists that
solutions are real, and many. The first step in this process should be to
transform idealism from an abstract term into tangible, visible and practical
examples. Luckily for us, idealism doesn’t take smoke breaks and doesn’t wear a
fake beard. The question remains however, how can the sector reach out to the younger generation, now ready to enter the job market?

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Monday round-up to start your Enterprise Week

Yes, gird your loins people, it’s Enterprise Week, with Social Enterprise Day taking place on Thursday. And what better way to start the week than with the usual SSE round-up:

– Final word for now on SSE student Sabrina on Secret Millionaire; other Fellows (thanks Dave and Catherine) point out that you can get to the episode via Channel 4’s On Demand section, though it takes 15 mins or so to set up and register with C4.

Rob Greenland pointed me to Mike Chitty’s post about the Benefits of Slow Learning. For all those that think  one-day workshops are enough:

"I think that very few managers would be able to absorb all of this
content in one day and then to apply it successfully. It looks like it
has been put together more for the convenience of the trainer than the
learner…..[…]…Learning something, putting it into practice and becoming comfortable
with it is important before trying to learn and implement the next thing".

Rob G. relates this to much current practice in our field of entrepreneur support:

"Intervene, at a time that suits the support agency, and look for a
quick response. VAT registration, high-growth businesses, five staff
employed in twelve months, that kind of thing. Instead of a more
patient approach, which is less resource intensive, lets the
entrepreneur develop at the pace that’s right for them, and produces a
long-lasting impact."

Amen to that….

–  As part of Social Enterprise Day, the Youth Commission for Social Enterprise is being launched this week (featuring SSE student Satwinder Singh). Meanwhile, in a Global Young Social Entrepreneurs’ Competition, SSE Fellow Nathalie McDermott is one of the chosen 100. (Current Ambassador Matt Kepple is another). Check out the full global list.

– I mentioned the 6 practices of high impact non-profits the other day. Adrian from UnLtd points out that a couple of related audio versions are available via Social Innovation Conversations here and here.

– Would you like to go to the University of the Third Sector? I’ll wait till the student union is established…

– On to Enterprise Week, here’s a selection of stuff happening:

– And finally, Social Firms are behind a song, nay, a rap to promote Social Enterprise Day. See Single Released to Social Enterprise Day to download the single on Thursday. The SSE blog has heard a sneak preview of the song (and you can read the lyrics via the link above) but no longer feels young enough to comment with any authority on the quality.

However, it does raise the thought in my head of a kind of Anfield Rap of Social Enterprise, with, say, Tim Smit freestyling over some dubstep, before a full-on rap battle between John Bird and Tim Campbell; with a Minister as MC, perhaps……

Have a great week: we’ll try and keep track of media throughout the week on the blog.

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Friday round-up: entrepreneurs, ethiscores, e-stuff, etc

SSE is going on its residential this coming week: 90+ people descending from London, Liverpool, Fife, East Midlands, and Ireland to Dartington in Devon for a three-day learning session and networking. So don’t expect too much blogging before Thursday (although if I get a connection / time, I’ll try). Final swift run through news / links of interest…

– NESTA are running a series of articles from entrepreneurs (sponsored by BVCA: venture capitalists) which asks them that all important question, "what do you wish you’d known?" The first is from Peter Denyer (pdf).

– We often discuss scale on this blog, and the very few examples of successful scaling in this movement. So what happens to those ethical businesses who get taken over by the big players? Here’s an interesting article examining exactly that, and giving them an ‘ethiscore‘ for before and after takeover….

– More on technology and how online and offline need to work together: ‘Is the information society a community catalyst or community liability?’

– On the same subject: Netsquared UK might be in the offing (web 2.0 meets social innovation?), although what the "third sector is broken" means remains a mystery to me. Lots more written about this on the bloggers that Nick Booth links to….

– Apples are Square. Meaning, apparently, that leadership qualities have changed: from ‘control and compete’ to ‘service, humility, transparency, inclusiveness’. Check here for more.

– Much mention of the third sector in Parliament recently (my TheyWorkForYou alerts have been working overtime). VolNews points us to the debate about the third sector review, which apparently lasted 5 hours, and plucks out some highlights (Community Champions fund, or lack of therein, amongst them).

– Provocative title, shocking statistics, important debate: Philanthropy doesn’t care about black people

– And finally, the Times have an Enterprise Network...who will offer you advice and wisdom.

Have a great weekend…

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Cameron’s social enterprise zones part 2

So the Conservative plans that were trailed on the radio were released today, with an article by David Cameron in the Guardian. Key quotes? "The social enterprise is the great institutional innovation of our times" (which one of the comments underneath refers to as "nonsense on stilts"); "We need a more fine-grained approach to tackle multiple deprivation at the micro-level" (neighbourhood rather than local authority?); "The answer lies in communities themselves, not in well-meaning schemes directed from Whitehall"; and "the smaller, locally based voluntary organisations, which are often the
most effective at combating entrenched deprivation, are losing out to
the large national operations"
. It then goes on to detail the social enterprise zones, tax breaks and planning exemptions I mentioned yesterday.

A few emerging reports on this, of course, with most focusing on the tax breaks element, as with the BBC report Tories consider social tax breaks.  More tomorrow, no doubt…you can read the actual report via Conservatives.com (I particularly enjoyed, after posing the question of whether all the various govt-led initiatives have achieved success in regeneration terms, the following: "It is not, of course, possible to give a definitive answer to this important question. As Chou En-lai once remarked when asked whether the French Revolution had been a success, it is too early to tell.")

From our point of view, SSE seeks to establish its franchise centres in areas in need of regeneration, so the (re)focus on social entrepreneurship as a means of addressing (multiple) deprivation is to be welcomed. As is a focus on what the report calls the "waste of human talent" in such areas: precisely the people we aim to help. Any incentives are also welcome, and the report has some common sense things to say about why some social enterprises have chosen a charitable structure for (largely) tax reasons. As ever, though, all our research shows access to capital and financial incentives will achieve little without tailored, long-term support. A message which we hope both parties have heard and taken on board by now. An SSE in every SEZ, perhaps?

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Cartoon for the early-stage social entrepreneur: go team!

Great GapingVoid cartoon which sums up those early stages of starting up an organisation; we’ve all been there….[click to expand]

Goteam

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