Innovation in Employment Services

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1 Innovation in Employment Services Kevin Robbie Executive Director Social Ventures Australia In Doral at 11.00am

2 Kevin Robbie Social Ventures #empdialogue Innovation in Employment Services client; it is not to be relied on by any third party without prior written consent. 2

3 Our Approach client; it is not to be relied on by any third party without prior written consent.

4 SVA Employment Focus Youth Unemployment Help young people to effectively transition from school to work, avoiding the risks associated with transgenerational unemployment Long-term unemployed Supporting the development of social enterprises as solution to very long-term unemployment and developing place-based approached to employment creation Employer Engagement Engage with private sector employers to design and develop supportive pathways that better serve the needs of disadvantaged groups Industry Transition Supporting the development of new approaches to investment or skills development to assist industries under transition and prevent long-term unemployment client; it is not to be relied on by any third party without prior written consent. 4

5 The challenge of long-term unemployment client; it is not to be relied on by any third party without prior written consent. 5

6 client; it is not to be relied on by any third party without prior written consent. 6

7 The environment The Economy Flexible labour market Decline of middle skills jobs Skills shortages Jobless Growth/ Growth industries Fiscal austerity Offshoring Ageing workforce Sunset Industries client; it is not to be relied on by any third party without prior written consent.

8 Environment + potential disrupters = VUCA DESapp Employer Engagement NDIA Growth Sectors Volatile, Uncertain, Complex & Ambiguous client; it is not to be relied on by any third party without prior written consent.

9 client; it is not to be relied on by any third party without prior written consent. 9

10 Industry Employment Initiative Consortium partners supported by client; it is not to be relied on by any third party without prior written consent. 10

11 Few (blatantly obvious) things There is a risk of failure The idea usually has to designed over and over again It takes time to get it right. And it costs money to build effectively Compliance is the sufficator of innovation client; it is not to be relied on by any third party without prior written consent. 11

12 Disruptive or Sustaining Innovation Disruptive Lower gross margins Smaller target markets Simpler products Never ask your customers what they want! It will just be improvement to what they ve got. Sustaining Higher prices/sophisticated customers Greater profitability Focused research Competition is around improvement client; it is not to be relied on by any third party without prior written consent. 12

13 Some (potential/disruptive) innovations Talent match - $250m + co-design fund in England Youth Social Impact Bond Beyond the Classroom prevention better than cure Route2Work proposal by the Policy Exchange BACKR. a social network that helps you succeed in work Voucher for licensed providers client; it is not to be relied on by any third party without prior written consent. 13

14 client; it is not to be relied on by any third party without prior written consent. 14

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