growing the core economy: an opportunity for co-production - mars global leadership

nef (the new economics foundation) 1

Growing the Core Economy an opportunity

for co-production

Lucie Stephens, Head of Co-production nef (the new economics foundation)


Overview

•  About nef (the new economics foundation) •  The challenges we face •  Introducing the core economy •  Defining co-production •  Co-producing well-being •  Challenges to implementation


About nef

•  Independent ‘think and do’ tank in London, UK

•  Seeking sustainable social justice: the three economies

•  Developed a range of practical tools and publications including well-being, SROI and timebanking

•  Work alongside practitioners to promote innovative

solutions

•  Preparing for the ‘Great Transition’


The challenges we face

•  Widening social and economic inequalities •  Demographic changes and growing health demands •  Accelerating climate change and environmental

degradation •  Severe energy shortages on the way •  Continuing recession Economic growth is unlikely and undesirable

We need to pursue prosperity without growth


Addressing well-being


Our proposition

A prosperous future needs three

economies working together –  Planet : the natural economy –  Markets: a regulated market economy –  People: the human or ‘core’ economy

(Green Well Fair, nef 2009)


Here’s the real wealth

The “core economy” is made up of

countless under-valued and

priceless human and social

assets that make it

possible for society to flourish.


Elinor Ostrom

1933-2012

Nobel Prize for

Economics, 2009

Origins of co-production


Defining co-production

‘Co-production is a relationship where professionals and citizens share power to plan and deliver support together, recognising that both partners have vital contributions to make in order to improve quality of life for people and communities’.

Co-production critical friends group, 2012


Six elements of co-production

•  Seeing people as assets •  Building on our capabilities •  Developing mutuality and reciprocity •  Investing in networks to share information •  Blurring distinctions between producers and

consumers •  Facilitating rather than delivering services


http://www.youtube.com/watch?v=aKATrzUV2YI

Have a look at this…


Co-producing services Professionals design services

People & professionals co-design services

People design services

Professionals deliver services

Traditional service model

Co-designed services

Professionals & people co-deliver services

Co-delivered services

Co-production

People deliver services

People trained to deliver services

Self-organised community provision


Well-being


Self Determination Theory


5 ways to wellbeing

•  Connect •  Be active •  Keep learning •  Take notice •  Give


Where is co-production?

•  When people or organisations identify with core values and principles

•  In response to pressure from people who use services

•  Where personalisation and personal budgets are implemented

•  When commissioners and other funders explicitly seek to fund it.


Value of co-production

Monetary value to

individuals and the state

Increased capacity and

imapct of public

services

Intrinsic value for individuals


Challenges to implementation •  Service cuts and the Big Society •  Getting the metrics right •  Time poverty •  Improving funding approaches •  Balancing scale and localism •  Culture change

growing the core economy: an opportunity for co-production - mars global leadership

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