Financial inclusion through partnership working
26th June 2006
Objectives
• Share existing models of collaborative working at local, regional and national level
• Identify how existing partnerships currently promote financial inclusion, as well as identifying gaps and opportunities
• Facilitate introductions as starting points for future partnership working
Types of Collaborative Organisations
• A Coalition is a union of people and organisations working to influence outcomes on a specific problem
• Consortia and Alliances tend to be semi-official, membership organisations. They typically have broad policy-oriented goals and may span large geographic areas. They usually consist of organisations and coalitions as opposed to individuals
• Networks are generally loose-knit groups formed primarily for the purpose of resource and information sharing
• Task Forces most often come together to accomplish a specific series of activities, often at the request of an overseeing body
Source: Cohen, Larry, Nancy Baer and Pam Satterwhite. Developing an Effective Coalition: An Eight Step Guide. http://www.preventioninstitute.org/eightstep.html
Advantages of Partnership Working
By sharing capital, expertise and information:
• Diversifies skill base of initiatives
• Optimises use of investment
• Focuses on opportunities and social capital within low income communities
• Expands impact of initiatives
• Increases credibility
• Reduces duplication
Examples of Partnership Working
Local
• SAFE and Savings Gateway
• Wester Hailes Community Banking Agreement
Regional
• Capitalise
• Financial Inclusion Services Yorkshire
National
• Transact, the national forum for financial inclusion
• CDFA
• Money Advice Scotland
Next Steps (today)
• Introductions
• Identify and share current networks and partnerships, their themes, and what they achieve
• Identify unmet objectives and possible common goals
• What next – which relationships, organisations and strategies can be developed?
Next Steps (after today)
• Identify opportunities for sharing capital, expertise and information
• Establish common goals
• Explore the remit of existing partnerships and networks
• Continual management of relationships to ensure receipt of expected benefits and engagement with common goal
• Community based asset map
• Join Transact!
Contacts
Alice RogersSAFE Co-ordinator
020 7392 2954Email [email protected]
Adam ClarkTransact Development Worker
020 7392 2983Email [email protected]
www.toynbeehall.org.ukwww.transact.org.uk