Your Path to Mutualisation|
3BM at Downing Street|
How we can help you go mutual
The public sector is going through the most significant changes in the delivery of public services in a generation. Public bodies are searching for increasing efficiencies, yet customers are demanding greater levels of service. The opportunities of moving to employee ownership can provide the parent bodies with the necessary efficiencies by empowering the staff and unlocking their potential and innovation.
As the first mutual joint venture to spin out of local government through the Cabinet Office National Pathfinder Programme, we have found the pitfalls, challenges and more importantly the solutions to a successful mutualisation.
If you are looking at employee ownership, 3BM offers a consultancy service to help you achieve a smooth transition on your path to Mutualisation.
As the first ever Mutual Joint Venture, spinning out of Local Government, we are uniquely placed to support others. We already support aspiring mutual working through the Cabinet Office Mutual Support Programme and are very happy sharing lessons learnt public bodies currently considering their options.
Further to this, either independently or with our partner Prospects, we can offer a whole spectrum of consultancy services to potential spin outs or parent bodies including:
- Option Appraisal/Business Case Development including Corporate Benefit
- Employee engagement and mutual benefits realisation
- Bespoke Project Management, critical friend support
- Procurement advice
- Mobilisation and Business Readiness
- Marketing and Branding Strategy
Find out more about the The Mutuals Information Service
3BM has been the subject of several Case Studies. 3BM has been shown as an exemplar of Public Service Mutualisation.
There are 100 public service mutuals across England and Wales.
A hundred new British businesses have spun out from the public sector and are delivering nearly £1.5 billion of public services. Minister for Cabinet Office, Francis Maude hosted a Downing Street reception to mark the milestone on 23rd July 2014, where Andy Rennison, 3BM Managing Director was in attendance.
Employee owned businesses are totally or significantly owned by their employees. Employee owned businesses achieve higher productivity and greater levels of innovation and are more resilient to economic turbulence. The Employee Ownership Association represents employee owned organisations across the UK.
“3BM is an outstandingly positive business. Its employee ownership structure provides the platform for the strong values and culture of the organisation. 3BM, an iconic employee owned business, will continue to go from strength to strength in its chosen markets, exceeding customer expectations through the engagement and achievements of its workforce.”
Iain Hasdell, Chief Executive – Employee Ownership Association
Find out more about the EOA by visiting their website
3BM’s Mentor, Patrick Lewis of the John Lewis Partnership is a Mutual Ambassador supporting the Cabinet Office and is Chair of the 3BM Trust Board.
“The creation of 3BM has unleashed huge energy. Becoming an employee owned mutual has given the team the space and incentive to accelerate service improvement at the same time as becoming a more rewarding place to work. It’s a big win for customers and Partners. The transition has required enormous commitment, creativity and hard work – but no one would doubt whether that was worth it…”
“You feel the energy that people have for this new enterprise 3BM – they’re excited about the possibilities now available to them that weren’t there before. Mutuals give frontline staff the power to make decisions and to innovate services in ways they could never do before.”