Values-Based Checklist
Social Firms UK has consulted with its members to agree a set of criteria to define and describe Social Firms and has produced the Values-Based Checklist. This is available in either a: or
The criteria are derived from the Enterprise, Employment and Empowerment values identified by the Social Firm sector in 2002.
Why Introduce This Checklist?
Primarily to clarify the characteristics and values of Social Firms to those within the sector and other interested parties. We believe that this will result in a number of additional benefits for those working in and developing Social Firms, including:
- bringing recognition to Social Firms that meet all of the essential values, enabling them to effectively communicate their status within the sector;
- assisting those groups working towards being Social Firms to understand clearly which elements are important;
- assisting funders, stakeholders, trustees, carers and those seeking to work within Social Firms to understand the model more clearly, enabling them to have realistic expectations and support as appropriate;
- safeguarding the reputation and credibility of the sector. Understanding that Social Firms are good quality businesses and supportive workplaces. This may lead to organisations that neither meet, nor intend to meet, these criteria, to use more appropriate terminology;
- assisting support agencies e.g. Business Links, enterprise support agencies, co-operative development agencies and independent business advisers or consultants to understand the characteristics and support requirements of Social Firms;
- forming the basis of exploring the option of a Social Firm Accreditation Scheme.
Our aim was to listen to and understand the motivation and business practices of our members, and to convert these underlying values into a definitive checklist to contribute to a better understanding of Social Firms. We hope that those involved in developing and supporting the Social Firm sector will find that this Checklist enhances their ability to describe and promote the important characteristics and essential values of Social Firms.
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