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The d ark arts of Social-Innovation

The d ark arts of Social-Innovation . Tom Tolchard April 2014. Who is this guy…?. What I do now…. Foundation Housing . Social enterprise not NFP Net Assets $120million $750 million of assets under management 3000 housed tenants Target of 6000 by 2020 Large complex beast

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The d ark arts of Social-Innovation

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  1. The dark arts of Social-Innovation Tom Tolchard April 2014

  2. Who is this guy…?

  3. What I do now….

  4. Foundation Housing • Social enterprise not NFP • Net Assets $120million • $750 million of assets under management • 3000 housed tenants • Target of 6000 by 2020 • Large complex beast • Mission: To make a measurable difference to enhance the wellbeing of it’s tenants

  5. Back to Basics • Wellbeing • Client centered growth • Measurable Difference • Enhanced tenant engagement • Alleviation of the cycles of poverty • Whole of organisation (including Board) • Defined wellbeing • Co-Design • Social Impact framework • Tenant leadership forums established • Shared Equity schemes established with tenants • Back to the floor management

  6. Why grow? • Housing Stress is on the rise • The growth of the working poor • Nationwide short fall of 539,000 homes • Homelessness is on the rise 105,000 (2011) • Price of land is increasing • Third generation unemployment

  7. Smart Growth • Access to transport • Access to employment • Connection to community and resources • Brownfield focus (infill) • Non-segmented (Council estates) • Embracing modern technology • Empowering and strengthening tenants

  8. Top 5 Tips for Innovation in the land of NFP’s

  9. 1. Be Disruptive

  10. 2.Prepare to be unpopular

  11. 3.Somewhere, someone else has your problem

  12. 4.Collaborate

  13. 5.Fail Quickly (it’s OK)

  14. Key Messages • Don’t fix the old - Build the new • Don’t let money be the catalyst • Co-design every time • Expect to be unpopular • Know your strengths & weaknesses • Maintain your energy and care for yourself • Get the Board onside

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