Friday, May 19, 2017

not just for a Sunday..?

While I've never been an 'in your face' type of person when it comes to my personal faith and beliefs, I've never made a secret of them (one of my first ever blogs talked about how I try and reflect my faith in how I approach my work with clients).

And its always seemed to me that as a society, we seem to have a cultural norm of handling 'faith' and 'work' as two separate spheres: 99% of all the church sermons and teachings I've exposed myself to over the years have never offered me any direction in helping me reflect on how my faith should inform my work, and various special interest theological journals and groups that I subscribe to seem to take as their starting point that you're a middle-manager or business owner. But an awful lot of us out here are self-employed and freelancers...

However, I was inspired to take this pic of a wall hanging at St Peters Church in Walsden, where I recently attending their service as the guest of my oldest son who attends there regularly. And then I shared it on my various social media channels as it's very rare that I see such examples of an explicit recognition and encouragement of how God is present in all things - not just the Sundays, or in the 'green and pleasant lands'... As such, I wanted to celebrate this, and social media seemed the easiest way to do that.

And I was greatly encouraged by the responses - it's become one of my more popular posts; to date:

Instagram - over 100 impressions
Twitter - nearly 350 impressions
LinkedIn - over 1,000 views (and a dozen likes)

all of which seems to suggest to me that as a community of businesses, entrepreneurs, and freelancers we're also hungry to explore how we better connect our faith and belief with our work.

So in the great tradition of all the best teachers through history, I'm not going to leave you with what we do about this, or try and draw some deep mystical meaning, but instead invite you to continue the discussion below in the comments to this blog, on instagram, twitter, and LinkedIn...

Wednesday, May 10, 2017

maybe social investment isn't that different after all..?

I was able to make it along to this year's "Working Capital" conference that was recently staged in Sheffield - a day to immerse myself in reflecting, arguing, sharing, and further exploring the wonderful world of 'social investment'.

Depending on who you speak with, Social Investment is either the next big thing (and has been for a few years...); is a market that's suffered failure in the past and needed interventions from government; or a smoke screen for covering the cuts to grants that sustain many charities and social enterprises...

money might not grow on trees, but these desktop garden
pots from Key Fund mean you can grow most other things 

The day offered a range of perspectives and stories: Cliff Prior of Big Society Capital stating openly what many are starting to whisper in hushed tones - social enterprise should be moving more towards retail and consumer markets because public commissioners are very tough nuts to either crack, or to change their behaviours; and Hazel Blears encouraging those same commissioners to do more to learn from each other to progress the social value act (but in doing seemingly having forgotten previous national initiatives over the last 20 odd years that were designed to do just that...).

But the impressions I'm left with (initially at least - as always, I'm open to others coming back to me to challenge me on these points) are:

  • most of the specialist lenders to social enterprise make it difficult for the sector to borrow from them because they usually have repayment terms of only 5 years maximum. But in the private sector its not uncommon to 'refinance' a loan - it can often be hard to get a loan because you've no history of repaying debts; but once you start to, you can flip your loan to another lender on better terms... So what's to stop social enterprises getting what seem initially expensive loans in comparison with the high street banks who see them as being too risky, showing they can manage repayments, and then transfer the loan to their high street bank on better terms?
  • the things that are important to those seeking investment (quick decision, affordable terms, flexibility), are the same as for any other type of organisation in any sector seeking a loan
  • as a general movement, social investment seems to be a little bit too 'introspective' for my liking: NESTA undertake regular national surveys of social and alternative finance, which no-one referenced today. Without understanding how different 'flavours' of social finance compare to other finance types in how widely they're being used, how can we hope to make a best informed decision about where we should be investing our time in pursuing investment?

But but in all, a good day to reflect, see some friendly and familiar faces, and hopefully the start of most other enterprises' journeys into investment that will ultimately help them create bigger and better impacts on, and for, their respective communities.