FTT@580

Social and Public Sector Entrepreneurship

FTT@580 works towards entrepreneurial government – from traditional government to competitive government!

The organisational failure is not limited to the corporate world. Public and Social institutions are coming under tremendous pressure and others have and are failing with huge consequences to the public. Think of the great American banking crisis, Eurozone sovereign debt crisis and the Middle East Spring, the Occupy Wall Street movement. Think of South Africa rising frequency of public protest over lack of delivery to majority of the previously excluded populations. These challenges have become an everyday threat particularly to none responsive public institutions.

By applying our vast private sector experiences, bring in organisational and social entrepreneurial tools and approaches to enhance the effectiveness and efficiency of Public and Social (NPO) institutions, enabling them to better understand and fulfil their mission to the public. We also work with government agencies to develop the entrepreneurial strategies and capabilities needed to address the leadership challenges confront today’s globalised societies.

1.

FTT@580 Interventions in Public Sector Entrepreneurship
 

Government institutions remain the largest and most complex organisations across the globe. They are not only large, but have multiple objectives, and face increasing demands to deliver more services at a lower cost. A look at South African socio-political landscape that the government is falling behind the fast paced change in society demanding that they change the way they lead or become irrelevant. Demographic trends are putting generational mix at the core of governance; expertise trends are pulling the best human resources out of public sector; democratic trends means leaders have less and less direct control as they are confronted by mass participation communities they must now lead.

FTT@580 is at the forefront of designing solutions for government institutional, organisational and departmental redesign to reshape their interaction with the citizenry including changing mind-sets and behaviours and transforming overall performance; building public and social entrepreneurial leadership capacity and creating talent management strategies suitable for the entrepreneurial government of today and the future. Public institutions that are ignoring these trends are feeling the pressure and even the fast rate of changing civil bureaucracy is not helping.

The solution lies in leadershifting from traditional government to competitive government – FTT@580’s Entrepreneurial government is a viable solution that is geared towards producing meaningful social, political and economic changes.

2.

FTT@580 Interventions in Public Sector Techno-preneurship
 

Detailed surveys statistical government expenditure data have indicated that one of the most challenging issue facing public institutions is the issue of technology, technnovation and IT. Government institutions continue to be on the downside of IT where they are recipients of redundant systems, wrong techno-systems, excessive and expensive systems. FTT@580 team has intervention tools drawn from technopreneurship experiences designed to help our public sector clients develop the capacity to avoid these common technology and IT challenges.

Our proprietary intervention tools will lead to:

  • An active approach to administrative responsibilities that include generating new sources of revenue, enhanced service provision, increased citizen participation and citizen education;
  • Application of resources in new ways in order to harvest more efficiency and create effective public entities;
  • Systematic approach to public service innovation and organisational operation efficiency.

3.

Social Development Advisory
 

For Social and NPOs, we bring new and novel mixes of entrepreneurial knowledge opportunity, ideas, and knowledge resources in pursuit of sustainable non-financial rewards.

  • FTT@580 provides services that create an active approach to administration responsibilities that includes innovation of new operational efficiencies, generating new sources of revenue, providing enhanced social and public goods services, and helping to facilitate increased citizen education and participation.
  • We work with public and social institutions to continuous apply resources in new ways so as to heighten the efficiency and effectiveness of public and social institutions with a heightened sense of innovation and Proactiveness.
  • We also offer specialised advisory services towards the purposeful and organised search for innovative changes in public sector and social organisations operation with tailor-made entrepreneurial orientation approach.

NPOs such as philanthropic organisations, Advocacy organisations, and Mutual benefit organisations are all beneficiaries of our specialised service offering.

FTT@580’s client-centric system specifically targets to identify and pick the gems in the business and social environmental mix.