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SEPTEMBER 2018

The September edition of Co-op News looks at how co-ops cab maintain co-operative values and principles while operating in competitive markets and how this can be a challenge for large co-ops. We examine current research into what influences a co-op’s take on the traditional values of self-help, self-responsibility, democracy, equality, equity and solidarity.

The September edition of Co-op News looks at how co-ops cab maintain co-operative values and principles while operating in competitive markets and how this can be a challenge for large co-ops. We examine current research into what influences a co-op’s take on the traditional values of self-help, self-responsibility, democracy, equality, equity and solidarity.

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“Collectively, therefore, there is clear evidence<br />

of a growing, increasingly confident and<br />

entrepreneurial social business sector that is built<br />

upon strengthening foundations,” said the report.<br />

“The increase in turnover, jobs and volunteer<br />

opportunities supported by the sector will<br />

have an impact on local economies, community<br />

cohesion, and individual people’s potential to<br />

develop themselves through paid employment,<br />

work experience, and training. The social benefits<br />

of these businesses have tangible effects which<br />

are having a positive impact on communities<br />

throughout Wales.”<br />

The SBW Conference <strong>2018</strong> will build on these<br />

findings, with talks, practical workshops and a<br />

celebration of business growth. The speakers<br />

will come from a range of backgrounds, to<br />

provide different perspectives on the role social<br />

businesses can play in the future growth of the<br />

Welsh economy – particularly post-Brexit.<br />

One of the keynote speakers will be Dai<br />

Powell CEO of HCT Group. He has been with the<br />

organisation since 1993, leading the company as<br />

it developed from a community transport charity<br />

in Hackney, London, into a social enterprise<br />

Channel Islands, a fleet of 730 vehicles and a<br />

2017/18 turnover of £62.9m.<br />

Its commercial track record spans a wide range<br />

of services too – from London red buses and park<br />

and ride to social services and school transport.<br />

HCT says it does this not to create shareholder<br />

value, but to create community value. This is done<br />

in three ways: profits from commercial contracts<br />

are reinvested back into further transport<br />

services or projects in the communities it serves;<br />

training services are delivered for people who<br />

are long term unemployed that specifically focus<br />

on employment and skills; and employment<br />

opportunities are created for people in deprived<br />

communities as the organisation “actively<br />

seeks new ways to make our communities<br />

better places to live and work through the way<br />

we operate”.<br />

Joining Dai Powell are Ken Skates (the economy<br />

secretary for Wales) and Guy Singh-Watson (the<br />

founder of Riverford Organic Farmers, which<br />

recently switched to employee ownership), while<br />

the event will be hosted by Sarah Dickins, BBC<br />

Cymru Wales economic correspondent. Additional<br />

workshops will cover topics from risk management<br />

of national scale, creating over 1,500 jobs and<br />

servicing over 30 million passenger trips annually<br />

across England and the Channel Islands.<br />

“In 1993, with traditional grants under threat,<br />

we came to the realisation that the best way to<br />

become a sustainable social enterprise was to<br />

become an effective enterprise,” says HCT Group.<br />

“We began to compete for commercial contracts<br />

in the marketplace to ensure we could continue to<br />

provide community transport.”<br />

This approach has seen HCT Group grow from a<br />

handful of volunteers and a couple of minibuses<br />

with a turnover of £202,000 in 1993, to a largescale<br />

social enterprise with 1,500 employees,<br />

depots spread across London, Yorkshire, the<br />

south west, the north west, Derbyshire and the<br />

and developing technology for growth, to engaging<br />

the workforce of the future, measuring social<br />

impact and using Welsh language to generate<br />

commercial value.<br />

Businesses attending the event will also be<br />

able to connect with a range of exhibitors from<br />

the public, private and social enterprise sector in<br />

Wales. The exhibitors will feature all the finalists<br />

from the Social Business Wales Awards <strong>2018</strong>.<br />

The Social Business Wales Awards and<br />

Conference take place at Cardiff City Hall.<br />

Awards: Wednesday 26 September, 6.30pm-<br />

10.30pm. Conference: Thursday 27 September,<br />

9:30am-4.30pm. For more information, and<br />

to book your free conference place, visit:<br />

wales.coop/sbwconf<strong>2018</strong><br />

<strong>SEPTEMBER</strong> <strong>2018</strong> | 31

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