Why those driving the creation of public sector mutuals are Investors, not Conservers

By David Bicknell

All those considering setting up public sector mutuals like Hammersmith & Fulham  – and those in the middle of running successful mutual pathfinders such as Central Surrey Health – know the importance of investing in their vision and backing it.

That’s why I liked this piece by Craig Dearden-Philips, who while discussing third sector organisations, makes a distinction between Investors and Conservers.

“My guess though is that the people who make the biggest difference in the world , certainly socially, are almost all on Investors. These people are not ‘born’. They make a choice about how to live. They know that the Investment Principle works – and they live by it.

“Of course, Investment isn’t just a one way street. Investments frequently don’t pay off. In people, in relationships, in business. You get burned as much as you get it right. And investments that are not made judiciously, in people or ventures that are wrong to begin with, are not defensible either. Being investment-minded isn’t about being a soft-heart. But it is about understanding the powerful link between investment and reward and making this, somehow, a feature in the way you operate.”

Wise words.

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