Regardless of geography, the public sector is striving to deliver exemplary services to a growing, aging populace at a time of rising youth unemployment and benefits claims. ‘Breaking the cycle of dependency’ is a nice theory – but how can the public sector achieve this?
Spinning out an enterprise should not just be about profit & loss – this is not what drives the public sector. What should we be looking for in a spin-out?
The public sector has dealt with programs of efficiency, cost-cutting and austerity for almost 20 years and yet is expected to identify so much more. Is it achievable or is it time to develop commercial mindsets within the organization?
Part of the commercial way is to divest the organization of non-core, non-strategic functions but also offers opportunities to look at what front-office services would benefit from spinning out.
How can we build an environment that encourages our people to see an opportunity for spinning out? How can we create a new kind of culture?