'The income generation engine' in social business
The objective of this paper is to conceptualise how voluntary and community sector (VCS) organisations in England responded to a dramatic shift in the policy and funding environment since 2010 (or 'austerity'). It does this by investigating how case study VCS organisations have attempted to continue to deliver neighbourhood regeneration (NR) support to disadvantaged areas, and is informed by research undertaken over five years during a period of dramatic policy shift in England, between 2009 and 2013. Through a set of case study NR organisations, primarily from the VCS, it utilises existing literature and primary quantitative and qualitative data on organisational change in the case studies to conceptualise how VCS organisations have attempted to survive an austere environment whilst continuing their missions of supporting disadvantaged communities. Those VCS organisations considered 'successful' have adapted their strategies and structures around what might be called an 'income generation engine' in order to navigate an austere environment. There are both strengths and weaknesses to the income generation engine which has implications for social business organisations and their beneficiaries.
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Document Type: Research Article
Publication date: 01 March 2018