This year’s buzzwords are ‘Social Value’ and ‘Social Impact’.
This year’s buzzwords are ‘Social Value’ and ‘Social Impact’. Despite being buzzwords, and meaning much the same thing, there is an important question behind them: what contribution to society do Public Sector Suppliers make?
A further part of the popularity of social value, and social impact, is the recent Social Value Act. This requires public sector organisations to think about the social value that can be generated through buying services – and gives permission to take that into account in procurement decisions. It is proposed that all Central Government procurements will feature a minimum of 10% weighting for Social Value. It is likely to be same in the wider Public Sector.
The Cabinet Office and DCMS have instigated a consultation on the approach that is to be adopted. Please see the show notes for details and a link to the documentation.
Discussing this subject, Lynne Magennis talks to Arnab Dutt. Arnab of the Federation of Small Businesses, is the FSB lead in this area.
Is Social Value just another way for government to pass costs to Industry? Given Carrillion and InterServe, should charity start at home? Does the Social Value Act stimulate Suppliers to follow in the footsteps of the Quaker philanthropists? Or is this a way of maintaining Social Care services without public sector costs?
The Changes in the Network Environment
The Federation of Small Businesses
20 years ago Arnab established and grew the Texane engineering brand making it the go-to global brand for heavy-duty escalator wheels. He is the founder and CEO of Dexo technologies an anti-microbial coatings business.
Lynne is the Innopsis Director focused on Podcasts and Design.
From a chemical process research background she has moved into the telecommunications business. Her day job is working for the Daisy Group.
Outside work will find Lynne tending for her horses and dogs in the Home Counties.
About this Episode
In addition to Dexo Technologies, Arnab is involved with other SME’s as a mentor and investor. Arnab sits on the Business Board of Leicestershire Enterprise Partnership championing the interests of the SME sector and entrepreneurs. He also sits on the Executive Committee of MSDUK championing entrepreneurs from our diverse communities. In 2000 Arnab helped to found, and is a Trustee of, the Anti-Racist Alliance Trust.
Arnab has been advising government on policy and engagement with small and medium sized businesses as well as prime suppliers. Identifying the barriers for SME’s in selling to government and devisingways to remove those barriers. Providing scrutiny, critique and expertise. Driving transparency,efficiency and accessibility. Encouraging innovation and “Social Value” led public procurementto ensure that 33% of public spending is channeled into our SME sector.
Chair of the SME panel working group on the Social Value Act and its deployment throughout UK central government commissioning.
About the Federation of Small Businesses:-
Run from Blackpool, FSB as been established over 40 years ago to help their members succeed in business. They are a non-profit making and non-party political organisation that’s led by their members, for our members.
FSB is also the UK’s leading business campaigner, focused on delivering change which supports smaller businesses to grow and succeed. Their lobbying arm starts with the work of our team in Westminster which focuses on UK and English policy issues. Further to this, they have expert teams in Glasgow, Cardiff and Belfast work with governments, elected members and decision-makers in Scotland, Wales and Northern Ireland.
The FSB document – Small Business, Big Heart: Bringing Communities together can be accessed here
Social Value in Procurement:-
- The Innopsis article on Social Value in Government consultation can be found here
- The Gov.uk post relating to Social Value in Government Procurement can be found here
- The Civil Society Strategy can be found here
- The Industrial Strategy can be found here