Built to Last- Are #familyowned businesses an endangered species? According to National Geographic, a species is considered to be endangered if it suffers from a 50-70% population decline. In Australia, the rates of #business ownership continue to increase….but are the businesses being created today going to be owned and operated by future generations?
Green is the new black in investing as billions of dollars pour into ethical funds and a rush of financial products with environment and social themes targets mainstream investors.
Ethical fund assets grew 62 per cent in 2015 to $52 billion, shows the latest Responsible Investment Association Australasia (RIAA) Benchmark Report. The sector has doubled in two years as responsible investing redefines the investment landscape.
Impact Investment Ready, a new initiative to help for purpose businesses and not-for-profit organisations explore potential impact investing activities and opportunities has been launched by Impact Investing Australia and Philanthropy Australia.
The Victorian Government has released a Social Enterprise Strategy, announcing $5 million in funding to further increase the impact of and innovation in the state’s social enterprise sector, build business capacity and skills, and improve market access.
Social entrepreneurship is experiencing some exciting key trends to watch in 2017. What was once a difficult venture to pursue is becoming easier as access to valuable resources increases and as more consumers hold corporations socially responsible.
Right now, not-for-profits all over Australia are competing for Christmas donations and making preparations for the beginning of 2017. What are you going to do differently in 2017?
Social businesses and not-for-profits are coming up with innovative ways to tackle the SDG in anyway they can from finding different approaches to tackling these ingrained and complex issues.
Navigating the social enterprise space as it is currently termed is as confusing as it is exciting. Exhausting as it is energising. Defeating as it is empowering. A perspective from Dr Alicia Kennedy, Founder of Cherished Pets.
Australian not-for-profits take on the toughest social and environmental challenges we face as a nation. You are increasingly providing essential services to our communities on behalf of government, and perform important activities to create a more inclusive, equal and sustainable world. Not-for-profits are an integral part of Australian society and currently employ 10% of the Australian workforce, or more than 1 million people.
Australia’s social enterprise sector is thriving, according to the recently released ‘Finding Australia’s Social Enterprise Sector (FASES)’ 2016 report. Currently, there are at least 20,000 Australian social enterprises in operation, and many of these are between two and five years old. This is in stark contrast to the FASES 2010 survey that found 68% of social enterprises had been operating for over ten years.
We know you’ve been thinking about it for a while now. You’re not a bad person, it’s just on that growing list of ‘Things I need to do when I have a little more time’. We all want to make sure our money is going to the right place, but the brainpower it takes to navigate the investments of our banks and superannuation funds, or trawl through the sources of our energy providers? No. Thank. You.
Globally, innovation is recognised as a key pathway to productivity, sustainability and effectiveness in both the public and private sectors. In order for Australia to remain internationally competitive, all areas of the economy need to be actively involved in innovation.
Around a month ago a potentially life-changing opportunity landed on my desk. It was the chance to combine much of my recent work and expertise on a challenging, exciting and potentially hugely influential project. It was something that sparked a truly emotional response and my first instinct was to drop everything and go for it.
This has been somewhat of a crunch time week in terms of our company’s progress. We’ve moved past the time of idea generation and ‘what if’. Now it’s about identifying exactly what it is we need to do, why we need to do it and what value it is adding to our product and our customers.
The not for profit (NFP) sector has undergone significant changes over the past 20 years, and current data indicates that is this is only the beginning of the huge shakeup in the $200 billion (annual revenue) sector.
1. The top five countries for female entrepreneurs are 1. the United States, 2. Canada, 3. Australia, 4. Sweden and 5. the United Kingdom, according to a new global report commissioned by Dell (Global Women Entrepreneur Leaders Scorecard, 2015).
On this special day, International Women’s Day, we are proud that our founder Geoff Gourley has been appointed as a Global Ambassador for Rare Birds. He is among 14 other incredible individuals, all working towards gender parity and supporting entrepreneurs.
When we buy something, we are buying more than just the product. We are buying a brand, it’s culture, values and practices. Many of us know and recognise this, though not all of us use this knowledge when making our final decision at the counter. There are just so many other factors jostling their way to the front of our mind – price, position on the self, implied quality, design, friend recommendations, price, and of course the brand.
“Who do you want as a mentor?”
That’s the one question that truly stood out today.
Charities and Not-for-Profit organisations are facing challenging times, Government funding is being reduced, or is difficult to secure, philanthropic and public donations are costly to raise and time consuming to obtain, the average Cost To Raise a Dollar (CTRD) for Australian based organisations is between .19c – .41c, meaning less actually gets to where it is needed.