Possibility Place: Balanced Scorecard

BUSINESS ORGANISATION LEARNING AND DEVELOPMENT

LATER – 2012 LATER – 2012
-Purpose-built Possibility Place -Mechanism in place for identifying and training Possibility Place trainers from client group
-Develop position as centre for applied positive psychology and hub for coaching employability -Mechanism in place for training trainers as part of the franchising model
courses etc. -Operating manual course, materials etc. developed with mechanism for review
-Next Business Plan written for 2012-2014
-Mechanism created SOON – 2009 SOON – 2009
for evaluation and -Employ trainers and administration staff -Pilot course evaluations completed
development -Additional premises/space provided by Acumen -Comparative studies results fed back into course development
-Basic franchising -Two versions of product developed, tested and running -Peer review in place
model established -Contracts with People Acumen, Connexions and Job Centre Plus -Induction process for new staff in place
and pilot scheme -Pilot project with Durham University for student support (funded -Continuous development and refinement of training
underway externally) -Staff on external courses (if required)
-Contacts with employers and employers organisations well developed -Investigate franchising model
-Course accredited by OCN
NOW -- 2008 NOW – 2008
-Two full-time members of staff for four -Literature and web search and review
months to develop the product and the -Internal experience drawn on
customer base -Initial foundations for course developed
-Two part-time members of staff to write -Established a link for external evaluation
funding bids and win private sector with Durham University
contracts -Staff development needs identified
-Two desk spaces with part-time, -Train the trainers course developed and
Marketing, HR and Finance support piloted
provided by Acumen
-Pilot courses started
-Self-funding -Income from courses -£50K investment from Spark -20 homeless clients from Depaul Trust -Increased achievement -100 Possibility Place
-Mechanism for -Contracts established -£10K in kind contribution from Acumen and Tyneside Cyrenians graduate from -Possibility Place graduates per month
returning profits to -Grant funding obtained to + back office support Possibility Place course seen as -Possibility Place is
research and cover first three years costs -£700K requested from SEIF -20 East Durham residents graduate from enhancing clients’ CVs part of established
additional course -Financial procedures -£150K requested from NESTA Possibility Place -Employers more support for obtaining
development developed -£K requested from Young Foundation -New and more effective tool for involved with defining and retaining
-Sponsorship from -£2,875K requested from ERDF increasing self-confidence and emotional pre-employment training employment
employers/employer -Develop pricing structure and financial resilience -Links established with -Establishment of a
organisations procedures NOW – 2008 employers’ centre for ongoing
-Systems in place for NOW – 2008 organisations research into well-
controlling expenditure being and emotional
resilience
-Possibility Place is
SOON – 2009
part of the extended
SOON – 2009
school curriculum
LATER – 2012
LATER - 2012

FINANCIAL RETURN SOCIAL PROFIT