{"id":201,"date":"2007-10-16T17:13:24","date_gmt":"2007-10-16T16:13:24","guid":{"rendered":"http:\/\/progmanager.wordpress.com\/2007\/10\/16\/why-should-we-learn-with-the-third-sector\/"},"modified":"2007-10-16T17:13:24","modified_gmt":"2007-10-16T16:13:24","slug":"why-should-we-learn-with-the-third-sector","status":"publish","type":"post","link":"http:\/\/realisedevelopment.net\/index.php\/2007\/10\/16\/why-should-we-learn-with-the-third-sector\/","title":{"rendered":"Why Should We Learn with the Third Sector?"},"content":{"rendered":"<p>We try to attract managers to PMN events from a wide range of organisations and sectors. I am often asked by managers from &#8216;for profit&#8217; organisations &#8216;Why should we ask our managers to learn alongside managers from the third sector?&#8217;  The implication is that it might &#8216;set them back&#8217; or &#8216;slow them down&#8217;, or &#8216;develop skills and knowledge that are not relevant to &#8216;for profit&#8217; managers&#8217;.<\/p>\n<h4>Some facts<\/h4>\n<ul>\n<li>The total turnover of social enterprises is estimated at \u00a327 billion, or 1.3% of the total turnover of all businesses with employees. Their contribution to GDP is estimated to be \u00a38.4 billion.<\/li>\n<li>There are around 55,000 social enterprises, and numbers are rising.<\/li>\n<li>Since 2004, the Government has invested more than \u00a3350 million in the capacity of the third sector.<\/li>\n<li>Over \u00a318 million has been allocated to support and develop the social enterprise sector over the next few years.<\/li>\n<li>Total public funding (from local and central government) reported by the voluntary and community sector has doubled from less than \u00a35 billion in 1996\/97 to more than \u00a310 billion in 2004\/05.<\/li>\n<li>It is a growing sector.<\/li>\n<li>It has cash to spend and demands high quality professional services.<\/li>\n<li>It will choose to work wherever possible with partners that share its values and vision.  With people that it knows, likes and trusts.<\/li>\n<li>It delivers work of great social value.  The best staff\u00a0 demand more than just a good pay packet.  They find the sector challenging and rewarding to work with.  They meet remarkable people and organisations.<\/li>\n<li>Working effectively with the &#8216;third sector&#8217; &#8211; as well as with the &#8216;for profit&#8217; and &#8216;public sector&#8217; should be a key part of your strategic thinking.<\/li>\n<\/ul>\n<p>Jim Collins (of &#8216;Good to Great&#8217; and &#8216;Built to Last&#8217; fame) urged the third sector not to ape the practices of the &#8216;for profits&#8217;.  Instead he urged the &#8216;for profits&#8217; to learn lessons from the third sector &#8211; about managing people with passion for real social purpose.   If you do that well, then profits follow.  Both &#8216;first sector&#8217; and &#8216;third&#8217; then have to decide the level at which surpluses should be re-invested to pursue the aims of the business and what should be distributed to stakeholders.<\/p>\n<p>Managers face similar challenges whether they are managing in the &#8216;for profit&#8217;, &#8216;not for profit&#8217; or &#8216;public&#8217; sectors.  Learning alongside colleagues from other sectors enriches the experience and the increases the possibility of doing good business for all.<\/p>\n<div class=\"SPOSTARBUST-Related-Posts\"><ul class=\"entry-meta\"><li class=\"SPOSTARBUST-Related-Post\"><a title=\"Some thoughts on Best City outcomes\" href=\"http:\/\/realisedevelopment.net\/index.php\/2012\/07\/05\/some-thoughts-on-best-city-outcomes\/\" rel=\"bookmark\">Some thoughts on Best City outcomes<\/a><\/li>\n<li class=\"SPOSTARBUST-Related-Post\"><a title=\"Getting to Grips with Social Finance &#8211; FREE TRAINING\" href=\"http:\/\/realisedevelopment.net\/index.php\/2012\/06\/12\/getting-to-grips-with-social-finance-free-training\/\" rel=\"bookmark\">Getting to Grips with Social Finance &#8211; FREE TRAINING<\/a><\/li>\n<li class=\"SPOSTARBUST-Related-Post\"><a title=\"Making Progress Through Austerity\" href=\"http:\/\/realisedevelopment.net\/index.php\/2012\/05\/16\/making-progress-through-austerity\/\" rel=\"bookmark\">Making Progress Through Austerity<\/a><\/li>\n<li class=\"SPOSTARBUST-Related-Post\"><a title=\"Improving Employability&#8230;\" href=\"http:\/\/realisedevelopment.net\/index.php\/2012\/05\/15\/improving-employability\/\" rel=\"bookmark\">Improving Employability&#8230;<\/a><\/li>\n<li class=\"SPOSTARBUST-Related-Post\"><a title=\"How Should We Recognise a Successful Economy?\" href=\"http:\/\/realisedevelopment.net\/index.php\/2012\/05\/11\/how-should-we-recognise-a-successful-economy\/\" rel=\"bookmark\">How Should We Recognise a Successful Economy?<\/a><\/li>\n<\/ul><\/div>","protected":false},"excerpt":{"rendered":"<p>We try to attract managers to PMN events from a wide range of organisations and sectors. I am often asked by managers from &#8216;for profit&#8217; organisations &#8216;Why should we ask our managers to learn alongside managers from the third sector?&#8217; The implication is that it might &#8216;set them back&#8217; or &#8216;slow them down&#8217;, or &#8216;develop [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[6,7],"tags":[27,85,115,123,138,146,147,148,170,207,220,221],"class_list":["post-201","post","type-post","status-publish","format-standard","category-leadership","category-management","tag-business","tag-for-profit","tag-leadership","tag-management","tag-not-for-profit","tag-passion","tag-performance-improvement","tag-performance-management","tag-public-sector","tag-third-sector","tag-values","tag-values-2","entry"],"_links":{"self":[{"href":"http:\/\/realisedevelopment.net\/index.php\/wp-json\/wp\/v2\/posts\/201","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/realisedevelopment.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/realisedevelopment.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/realisedevelopment.net\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/realisedevelopment.net\/index.php\/wp-json\/wp\/v2\/comments?post=201"}],"version-history":[{"count":0,"href":"http:\/\/realisedevelopment.net\/index.php\/wp-json\/wp\/v2\/posts\/201\/revisions"}],"wp:attachment":[{"href":"http:\/\/realisedevelopment.net\/index.php\/wp-json\/wp\/v2\/media?parent=201"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/realisedevelopment.net\/index.php\/wp-json\/wp\/v2\/categories?post=201"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/realisedevelopment.net\/index.php\/wp-json\/wp\/v2\/tags?post=201"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}