Business Transformation – Best Practices for

Transcript:Business Transformation – Best Practices for:
Business Transformation – Best Practices for Social and Affordable Housing Housing Partnerships Canada April 27th, 2015 Steve Pomeroy Focus Consulting Inc. & Carleton University Centre for Urban Research and Education (CURE), Ottawa Research Team Centre for Urban Research and Education (CURE) Carleton University, Ottawa Steve Pomeroy, Research Associate Christopher Stoney, Associate Professor School of Public Policy and Administration and Director, CURE) Nicholas Falvo PHD Candidate SPPA/CURE Focus Consulting Inc. 2015 2 Objectives of Research To draw on examples of innovative initiatives being implemented by providers and sector stakeholders to obtain a deeper understanding of the business transformation that is occurring in the Canadian housing sector. [HPC Terms of Reference] Focus Consulting Inc. 2015 3 The research questions What do we mean by business transformation What do we mean by “becoming more entrepreneurial and more business like How do these phrases or concepts apply to the social sector Is the label “social enterprise” being adopted? Are social housing organization transforming or simply evolving? Focus Consulting Inc. 2015 4 Transformations? Research examined extent to which the following are transforming or evolving Mission and values Culture of organization Business practices Activities Transforming or simply evolving/adapting? Focus Consulting Inc. 2015 5 Approach Background literature review of business transformation in the social (housing) sector Survey and outreach to identify potential case studies Identify organizations that have implemented new practices and approaches Identify how and why these organizations are adopting new approaches Focus Consulting Inc. 2015 6 Literature review Concept of Hybrid organizations merging social service goals with more disciplined business practice Reduced dependence on public funding; increase revenue generating activity “Rather than relying on state subsidies, these organizations use limited state support to lever private development capital and to pursue commercial profits for social ends” (Blessing, 2012) Paul Tenant (CIH) – concept of “profit for purpose” Focus Consulting Inc. 2015 7 Literature review Social Enterprise “A social enterprise is an organization or venture that achieves its primary social or environmental mission using business methods.…. Social enterprises build a more just, sustainable world by applying market-based strategies to today's social problems.” Social Enterprise Alliance www.se-alliance.org/about_us.cfm More commonly…the term [social enterprise] refers to the use of revenue-generating business-like activities to accomplish, at least in part, a socially beneficial end. Focus Consulting Inc. 2015 8 Literature Review Constrains on transformation? Legal and institutional framework currently in place in Canada (e.g. charitable and non-profit sector) is not necessarily conducive