Green Collect Social Enterprise Analysis - Assessment Answer

Introduction

Green Collect is a non-profit social organization devoted towards working for social change and a sustainable environment. It was recognized in 2005, Green Collect is one of the foremost innovators of Melbourne in the circular economy through resource recovery. It cares deeply for the planet and its people (Green Collect 2023). The main purpose of the study is to analyze the mission, vision, governance structure and some other characteristics of Green Collect social enterprise.

The Focus of Social Enterprise

Green Collect works with firms to accomplish solutions for some of the trickiest waste issues, making delivery of the uppermost probable environmental results for a broad range of rejected office resources or workshop waste. It selects to deal with tough-to-recycle workplace items and build new solutions that keep destructive constituents out of landfill by identifying the best reprocess, recycling or upcycling pathways. Items that can be reused are channelled via its two retail outlets.

The aim of all work produced is to offer social advantage through the establishment of new training and employment outcomes for communities encountering substantial disadvantages. Flexible and supportive training agendas deliver trails for at-risk youth and individuals from refugee situations. Mentoring and employment in the business of Green Collect are offered to these target groups to allow justifiable change and social influence (Galindo-Martin et al. 2020).

The vision of the organization is to form a world without waste by building a circular economy, undertaking the surplus items from homes and offices, carefully sorting them, and then identifying them as life beyond the landfill. The mission of the organization is to create an ecosphere without waste and ensure that resources are cast-off to their complete potential (Green Collect 2023).

Green Collect is the initiative taken by Darren Andrews and Sally Quinn, a couple having backgrounds in environmental management and social work. In 2001, they flickered the idea for the business of resource collection that offered work for individuals that had faced barricades to employment.

Governance Structure

The Board of Green Collect are the helpers responsible for the guidance and governance of the social enterprise. John Altman the Chairperson and Director of the organization belongs to a legal background. Angus Firth and Stephen Rennick are the executive directors. Thenu Herath is the CEO of Oaktree and Sally Quinn is the CEO and co-founder of Green Collect. Darren Andrews is the Co-founder and Director of Business and sustainability progress at Green Collect (Green Collect 2023). As an inclusive trainer and employer, Green Collect has built a flexible and helpful workplace that enables people to upkeep and gain work through some of the most tough situations of their lives. Its team include people that have experienced harsh engagement practices in the past – including cultural exclusion, homelessness or refugee status (Smith 2016).

The major stakeholders of the organization include government departments, businesses and local councils. From small-level local businesses to global corporations, all are making contributions to the circular economy and supporting employment prospects.

Approach Towards Economic Sustainability

Green Collect approach the complex issue of excess with creativity, innovation and persistence, modelling the corporate on the circular economy of the ecology, wherein all the resources are repurposed and not a single item becomes unused. The organization is the specialist in recognizing the best environmental outcome for a broad variety of discarded and surplus items from home and office (Martie 2021). It lay emphasis on innovative solutions to waste problems and is devoted towards keeping office items out of the landfill, keeping them in a circular economy through repurposing, reusing and dismantling into materials. It ensures that resources are used to their complete potential. It indicates that it identifies the way to reuse the items in the community, create them into other items or find a use for such materials (Munoz et al. 2015). It is constantly developing innovative solutions to complicated waste problems in the direction to create a world without waste.

Evaluation of Strategies

Responsible innovation practices and business performance go hand in hand in contemporary society. With the rising social demand for corporate social responsibility, firms are now at the risk of not being sustainable if they do not undertake accountability for their influence on both environment and the society. It has been found that over 90% of the businesses that are involved in any accountable innovation presented at least some form of advantage from it, with major benefits being enhanced consumer service and acquiring a competitive advantage. It is crucial for Green Collect as they can offer this innovation to several firms across Victoria. Firms that earlier had no resources of social innovation can use Green Collect services to obey CSR and grab accountability for their ecological impact. Such firms can also decrease their total costs by buying second-hand items from Green Collect that they have gathered, reused and revamped during their process. In effect, it will direct to additional sustainability of both the organizations they partner with and Green Collect and depict the aids of having accountable social innovation entrenched in their corporate strategy (Weerakoon et al. 2019).

The recommendation being made to Green Collect to improve accountable innovation tactics and sustainable performance is to build a branch in another place like Sydney and cooperate with businesses in this huge commercial area. Another recommendation would be to add schools so that they can also involve with the recycling facilities and make a contribution towards reducing landfill depletion. Such a suggestion would permit Green Collect to raise their sustainability in the upcoming period while also ensuring other firms can also have answerable innovation entrenched in their approaches. However, the major risk involved with this opportunity is that there is huge funding required to effectively expand into other markets. The major chunk of gross income in Green Collect comes from offering goods and services which means the organization is not reliant on government grants and donations to make sure about its sustainability.

The other risk is concerned with budgeting and scheduling due to the ineffectiveness of feedback and data. Data and feedback are considered valuable information and insight sources to build budgets and schedules for upcoming periods (Hanelt et al. 2021). It may result in an ineffective strategy that is not strong enough to deliver anticipated efficiencies. To mitigate this risk, Green Collect can gather data and feedback from several sources interviews, surveys, behaviours, focus groups, analytics, experiments and reports.

Conclusion

It can be concluded that Green Collect has indicated that it is a respectable social enterprise with the major aim of tackling the environmental problem of decreasing landfill. Via its methods of remaking, reusing and recycling, it has managed to embed responsible social innovation into other companies' business strategies, thereby making sure that their overall objective can be achieved one day. Green Collect follows effective sustainability practices, but using the recommendations being made can assure that it is sustainable leading into the future and constantly carry out its mission.

References

Galindo-Martín, M.A., Castaño-Martínez, M.S. and Méndez-Picazo, M.T., 2020. The relationship between green innovation, social entrepreneurship, and sustainable development. Sustainability, 12(11), p.4467.

Green Collect. 2023. About us. [Online]. Available at: https://www.greencollect.org/our-people#:~:text=Our%20People,for%20environmental%20and%20social%20change. [Accessed on: 16^th May 2023].

Green Collect. 2023. For a world without waste. [Online]. Available at: https://www.greencollect.org/#home-3. [Accessed on: 16^th May 2023].

Hanelt, A., Bohnsack, R., Marz, D. and Antunes Marante, C., 2021. A systematic review of the literature on digital transformation: Insights and implications for strategy and organizational change. Journal of Management Studies, 58(5), pp.1159-1197.

Martire, J.L., 2021. Case study: Green collect. Renew Technology for a Sustainable Future, (155), p.49.

Munoz, S.A., Farmer, J., Winterton, R. and Barraket, J.O., 2015. The social enterprise as a space of well-being: an exploratory case study. Social Enterprise Journal, 11(3), pp.281-302.

Smith, F. 2016. Trash to treasure: the social enterprises transforming recycling. [Online]. Available at: https://www.theguardian.com/sustainable-business/2016/nov/21/social-enterprises-transforming-recycling [Accessed on: 16^th May 2023].

Weerakoon, C., McMurray, A.J., Rametse, N.M. and Arenius, P.M., 2019. Social capital and innovativeness of social enterprises: opportunity-motivation-ability and knowledge creation as mediators. Knowledge management research & practice.

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