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Overcoming Obstacles to Create Real Impact - Improving Quality of Life for Disabled People. Overview. Presentation purpose Live example – Worldmade Leadership issues Skills and resources to alleviate poverty. Quote from TBN brochure: ‘Business is the only sustainable solution to poverty’.
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Overcoming Obstacles to Create Real Impact - Improving Quality of Life for Disabled People
Overview Presentation purpose • Live example – Worldmade • Leadership issues • Skills and resources to alleviate poverty Quote from TBN brochure: ‘Business is the only sustainable solution to poverty’
Introduction to Motivation • Registered charity and company limited by guarantee • Established in 1991 • Mission is to enhance the quality of life of people with mobility disabilities • Areas of work include; survival, mobility, empowerment and inclusion • Worked in more than 35 countries around the world • Work from grassroots through to policy making level • Many international collaborations including WHO etc. • Leadership – innovation
The Need for Wheelchairs • Mobility a pre-requisite for QoL improvement • 20 million people need a wheelchair • Supply of wheelchairs • Disability, mobility and poverty • World Health Organisation • Leadership – standards
Worldmade – background • Better quality, lower price, higher numbers • Products, service and training • Large third party purchasers • Business approach • Concept of a social enterprise in 2007 • Business plan in 2008 • Investment funding in 2009. • Leadership – quality service
Worldmade – structure • Flat pack, local assembly for assessment, prescription and fitting • Range of product • Core objectives • Income generation • Humanitarian effort vs. generating profit • 5 yrs 45,000 individuals per year and £500K profit • 2010 – estimated profit approx £100K • Financing through grant and loan • Leadership – sustainability
Spin-offs and Quick Hits • Sports chairs developed with IPC, ITF and IWBF • Market share in more developed countries. • Sold in 34 countries • 150 units per month Margin - 20% to 70% • Leadership – opportunities
Lessons • Concept development • Hearts and minds journey • Converting need to demand • Financing options • Skills and knowledge gaps • The social impact • Conflict of interest between humanitarian aims and business • Leadership – managing change
The Future • Franchise model and sustainability • Commercial management • Remaining dynamic • Wholesale model • Exploring more commercial markets – honey, tomatoes • Leadership – learning
Challenge for TBN • Investing in investment opportunities • Project example • Need for expertise, finance and mentoring • Understanding the value of your knowledge • Social enterprise from charity/humanitarian sector or from business sector • Leadership – leading the sector
Quality of life www.worldmade.info