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Our blog keeps you up to date with all the latest developments in the world of social business and enterprise.

Daniel FroshEthical Banking and the Future of Capitalism
Daniel Frosh, posted on 23.05.12

I recently attended an event that was part of a relatively new initiative at the Institute of Directors (IOD), in which Director General Simon Walker interviewed a guest speaker as a learning opportunity for the IOD's members. The guest on this occasion was Ken Costa, former Chairman of Lazard International, former Vice-Chairman of UBS bank, and a committed Christian. Costa, Chairman of Alpha International, an organisation that provides an introduction to the Christian faith to 2 million people in the UK and 12 million worldwide, was invited to speak on 'ethical capitalism', and how banks can find business guidelines in the Bible.

Rod SchwartzOur Obsession with New (and Cool!) Social Ventures
Rod Schwartz, posted on 16.05.12

Recently ClearlySo was asked to raise capital for a business we know well. It has been going for over a decade, is well-established in its marketplace, and sells products people like at affordable prices which generate a satisfactory gross margin. The firm has over  £1 million in sales, operates at breakeven and achieves considerable social impact; but the road to get there has been long and difficult. The lessons have come painfully, yet the CEO has matured greatly, he has built a strong Board with an effective Chairman, and with a bit more capital they could thrive. Sadly, investors' initial reactions are somewhat unenthusiastic - I won't say much more, due to client confidentiality.

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Anne MountjoyPublic Services (Social Value) Act in action?
Anne Mountjoy, posted on 15.05.12

At the end of last year the Social Enterprise Mark Company launched the '50in250' campaign. It's designed to help public and private sector organisations buy from certified social enterprises. The campaign provides these organisations with an easy way to develop ethical supply chains and achieve meaningful corporate responsibility.

Katrina CruzThe dull pains of human networks and technology
Katrina Cruz, posted on 04.05.12

At the beginning of last month, I attended Skoll World Forum's fringe forum - Oxford Jam run by Emerge Venture Lab. I am told it's a Jam worth getting stuck in* and sure enough I book myself in for one full day of back-to-back sessions between 8am and 5pm. 'Fringe' event-styled apparel thoughtfully selected and 12-hour caffeine-intake strategy in place, I begin with conversation at a breakfast session organised by Cisco.

Rod SchwartzCharity, Politics, Tax-Breaks and the CITR
Rod Schwartz, posted on 27.04.12

Over the past few weeks I have been shifting in my seat over reactions to the Government's decision to limit the tax breaks rich people can receive for charitable giving. We would all like to see more charitable giving, and with all the pressure charities are under, this seemed potentially ill-timed. However, I felt distinctly uncomfortable watching a steady cast of charity execs provide political cover for and plea for continuing this subsidy to the rich. There are sacrifices that need to be made and, after all, there is nothing to stop wealthy individuals from giving should they wish to do so. When the social enterprise sector came out with similar pleas for Community Investment Tax Relief (CITR) for the well-off I felt downright queasy.

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Colleen BaldwinMind your language
Colleen Baldwin, posted on 27.04.12

I have a good friend, let's call him AK, who broadly speaking works in IT. Introduced at a party, strangers are prone to start grilling him about their poor broadband connection or recurring laptop glitches. He almost certainly won't know how to fix them. On the other hand, you could certainly have a useful conversation with AK if you are a CIO with a budget the size of a small country's sovereign debt, and you need help formulating a five-year strategy to update your firm's legacy software. AK's title is research analyst and vice-president in a major international IT research organisation. Few people outside the IT sector, or for that matter inside, understand what he does. But most people do think they know what "working in IT" means.

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Tom CropperWhy social enterprise can save the Olympic legacy
Tom Cropper, posted on 18.04.12

It's 11am on a chilly spring morning and I, along with an assortment of other hacks, am waiting outside Pudding Mill station for a tour of the Olympic Park. We're all there for the same reason - to see if this talk of legacy is anything more than hot air.

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Richard BrownsdonJamming in Oxford
Richard Brownsdon, posted on 10.04.12

From 28th-30th of March, I was part of the team running the fantastic Oxford Jam. For those of you that were there, I hope you had a great time, and for those of you that weren't, allow me to explain a little more about it, and why you should go next year.

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Rod SchwartzHappy birthday Big Society Capital!
Rod Schwartz, posted on 04.04.12

We have studiously avoided commenting in any press coverage on the launch of Big Society Capital (BSC) today.   As an applicant for funding, it would strain credibility for us to pose as independent observers of this new institution.   Cynical readers have therefore been warned!   More charitable readers of our blog also have the information they need to take what we say with a "pinch of salt", should they choose to do so. Nevertheless, today's announcement is an important milestone for the sector and we feel obliged to offer some comment on it, as we have done in previous posts on the BSC. We offer four observations.

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Suzanne BiegelEntrepreneurism on the wheel of fortune
Suzanne Biegel, posted on 29.03.12

I've always had a pathological fear of heights. So, when I was offered the chance to offer a bit of mentorship while taking a ride on the Ferris Wheel in Liverpool, I had mixed feelings.

This invitation came from the charismatic founder of SMARTA, Shaa Wasmund. Would I like, Shaa asked, to be part of The Revolution on Liverpool's Echo Wheel. All I had to do was endure two revolutions while giving an entrepreneur some business advice. "You'd be perfect," Shaa pitched - well, how could I resist?

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