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<v Speaker 1>.

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<v Chair>Hello everyone.

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<v Chair>Welcome to this ethical enterprise democratic business ownership models and who's shaping, who's having a legal session.

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<v Chair>If you're looking for the session with Alison Hewer, unfortunately she's not here, so there was a change in the program.

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<v Chair>So Alison wasn't able to make it to Australia, but we're really lucky that Guy Turnbull's here and he'll be giving today's session.

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<v Chair>But can I just start with a few housekeeping things?

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<v Chair>We are grateful you're in the University of Adelaide building, but we ask that you do turn off your phones while you're here.

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<v Chair>Please use the social media Twitter handles that will have been on the screen already, the programs, to use those.

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<v Chair>And no unauthorised recordings are approved, unfortunately, but they are all recorded.

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<v Chair>If you're recording through radio later, you can get a podcast later on, which is really handy.

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<v Chair>And the slides that you find behind me during the session will be available later today on the Dunstan Foundation website.

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<v Chair>So while I have introduction, my name is David Peterson, I'm the Executive Director of the Dunstan Foundation.

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<v Chair>And we're really happy to have partnered with Guy to put this oration on as part of the Festival of the Year.

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<v Chair>Guy is going to be a Kingdra residence as part of the Dunstan Foundation program later in the year.

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<v Chair>And we're really lucky that he's in town for the last couple of weeks,

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<v Chair>and we've been spending a bit of time with him.

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<v Chair>But I just didn't really start with this, but I would like to acknowledge that today we do need a more intimate garden of people,

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<v Chair>and we pay our respects to elders past, present and emerging.

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<v Chair>And we do so in spirit of reconciliation.

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<v Chair>We're talking about inclusive and democratic forms of governance,

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<v Chair>and I think that's an important acknowledgement to make at the beginning.

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<v Chair>But I just wanted to say a few words of introduction.

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<v Chair>At the Dunstan Foundation, we were keen to support this oration and the work that we'll be doing with Guy through the Thinkers program for a number of reasons.

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<v Chair>But I think that's important to acknowledge that we're doing this for a number of reasons.

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<v Chair>One, very obviously, that we all know over the last 40 years or so that our economy has increasingly concentrated wealth and income.

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<v Chair>And that has been very much a one-way street.

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<v Chair>And Margaret Thatcher once promised that there'd be a world where everyone owns shares, and it would be as common as owning a car.

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<v Chair>Now, we all know that hasn't happened.

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<v Chair>And in fact, wealth has concentrated, and this promise of a shared ownership model with a broad-based economic power hasn't developed.

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<v Chair>And in fact, one person who did see that coming was Guy.

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<v Chair>And around the time she made those comments was, in fact, Don Dunstan.

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<v Chair>And I was telling Guy earlier today that one of the things that Don considered the biggest piece of our business to him was what he called industrial democracy.

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<v Chair>So maybe you may know he set up an industrial democracy unit as part of his government.

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<v Chair>And it was really pioneering that.

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<v Chair>Trying to address the problem of why it is that we've had this big rush of democracy in our civil society that increasingly,

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<v Chair>and a lot of what his government did was around improving access to democracy.

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<v Chair>And I think that's a big part of the reason why we've had this big rush of democracy in our everyday lives,

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<v Chair>and decriminalisation of homosexuality, and enfranchising women, and many other elements that have added democracy to our private lives.

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<v Chair>But one area where it has just not really eventuated and still really hasn't as much as we may have liked is in the workplace.

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<v Chair>Why is it that we have and we accept democracy in the way our civil society works and our private lives work,

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<v Chair>but then when we go to work we accept that we exist in often new dangers?

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<v Chair>And that's because we have a lot of relationships.

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<v Chair>So that concept of industrial democracy is something that Pete was really interested in,

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<v Chair>and as a foundation in his honour, we are very interested in and are focused in through the Things in Residence program.

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<v Chair>And so I'm really excited that we have Guy here to talk about ethical enterprise, democratic business ownership models, and who's at the wheel.

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<v Chair>Guy is a social entrepreneur. He's a formal managing director of Casa, Kera and Sheena Associates,

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<v Chair>a highly successful employee-owned business.

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<v Chair>He's the EY Entrepreneur of the Year.

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<v Chair>I found out over the last couple of weeks that Guy can pretty much make a co-operative out of anything.

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<v Chair>A soap company, a cinema, a brewery, and a few others.

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<v Chair>So I'm really delighted to introduce Guy to everyone. Thank you.

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<v Guy Turnbull>I go home on Sundays, so I apologise, but I've got deep, bold happiness.

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<v Guy Turnbull>I'm a bit of a

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<v Guy Turnbull>I've forgotten what my kids look like, which is actually a good thing.

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<v Guy Turnbull>As David said, I've been fortunate enough never to have worked really well, ever.

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<v Guy Turnbull>Apart from government for three years, and then they've had Ashburn.

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<v Guy Turnbull>I've been really fortunate over the last 25 years to set up some amazing co-operatives,

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<v Guy Turnbull>with some amazing people.

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<v Guy Turnbull>Co-ops are organisations that are owned by the members.

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<v Guy Turnbull>They can be worker co-ops, they can be agricultural co-ops, and a range of other things.

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<v Guy Turnbull>I was intrigued by the title of the festival, Who's at the Wheel?

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<v Guy Turnbull>So, who is at the wheel?

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<v Guy Turnbull>Who should be at the wheel?

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<v Guy Turnbull>Should I be at the wheel?

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<v Guy Turnbull>Should all of us be at the wheel?

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<v Guy Turnbull>And then, who or what should be one person?

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<v Guy Turnbull>Should it be the crowd?

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<v Guy Turnbull>Should it be a range of people?

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<v Guy Turnbull>And then that got me to think about leadership.

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<v Guy Turnbull>Who needs leadership?

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<v Guy Turnbull>I ended up being emerging director of

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<v Guy Turnbull>a thousand employee owners.

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<v Guy Turnbull>We built a $35 million company,

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<v Guy Turnbull>and I was accountable to a thousand owners.

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<v Guy Turnbull>And it did need some leadership,

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<v Guy Turnbull>but I still loved it sometimes.

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<v Guy Turnbull>And I used to have long hair,

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<v Guy Turnbull>and when some people phoned me up and said,

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<v Guy Turnbull>Who's in charge?

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<v Guy Turnbull>And I'd say, Nobody!

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<v Guy Turnbull>We all laughed.

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<v Guy Turnbull>And so, can anybody tell me what that is?

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<v Guy Turnbull>And what do they do?

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<v Speaker 1>Murmuration.

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<v Guy Turnbull>Who's the leader in that?

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<v Guy Turnbull>There isn't one, is there?

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<v Guy Turnbull>But hundreds of thousands of birds know

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<v Guy Turnbull>how to very delicately adjust their flight.

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<v Guy Turnbull>They do that to protect themselves,

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<v Guy Turnbull>and they do that to communicate.

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<v Guy Turnbull>So, one of the motivations for something like CASA

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<v Guy Turnbull>was actually this relation.

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<v Guy Turnbull>It's about how can we create a federation

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<v Guy Turnbull>of world-renowned businesses

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<v Guy Turnbull>that doesn't need a leader,

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<v Guy Turnbull>that can actually

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<v Guy Turnbull>move and shift and be as agile

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<v Guy Turnbull>as private marketeers

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<v Guy Turnbull>and still do good.

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<v Guy Turnbull>So maybe we want a bunch of Stalins.

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<v Guy Turnbull>Or do we want him as Will,

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<v Guy Turnbull>who isn't elected and is in Stalin?

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<v Guy Turnbull>I'm glad I'm in Australia this week,

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<v Guy Turnbull>and not that I'm in Australia.

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<v Guy Turnbull>I've found somewhat safer.

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<v Guy Turnbull>So we don't want him as Will, are we?

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<v Guy Turnbull>And actually nobody else really wants him as Will.

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<v Guy Turnbull>But we don't want him as Will, are we?

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<v Guy Turnbull>And we certainly don't want him as Will.

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<v Guy Turnbull>Back to nature.

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<v Guy Turnbull>And none that kind of nature.

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<v Guy Turnbull>This is an antelope migration in Africa.

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<v Guy Turnbull>And again, no leader.

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<v Guy Turnbull>A common purpose.

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<v Guy Turnbull>Common purpose and crowding together

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<v Guy Turnbull>for safety, security.

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<v Guy Turnbull>Canada geese.

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<v Guy Turnbull>By flying in that formation,

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<v Guy Turnbull>they fly 70% further.

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<v Guy Turnbull>And again,

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<v Guy Turnbull>they're working for common good.

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<v Guy Turnbull>And they honk.

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<v Guy Turnbull>But more importantly,

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<v Guy Turnbull>they take turns.

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<v Guy Turnbull>Because that looks like a hierarchy, doesn't it?

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<v Guy Turnbull>But they actually swap around.

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<v Guy Turnbull>Because being the leader

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<v Guy Turnbull>takes most of the energy.

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<v Guy Turnbull>Bizarrely.

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<v Guy Turnbull>So they look after each other.

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<v Guy Turnbull>What has that got to do with business?

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<v Guy Turnbull>Well,

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<v Guy Turnbull>CASA

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<v Guy Turnbull>started in 1975.

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<v Guy Turnbull>Although I am actually older than I look.

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<v Guy Turnbull>We can trace its background back to 1975

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<v Guy Turnbull>when one of my founders,

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<v Guy Turnbull>CASA was set up by four people.

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<v Guy Turnbull>Me, Margaret, David and Sean.

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<v Guy Turnbull>And Marg,

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<v Guy Turnbull>none of them is here today,

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<v Guy Turnbull>but they were all working for common good.

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<v Guy Turnbull>And they set up a little shop

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<v Guy Turnbull>called Little Women.

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<v Guy Turnbull>And there were four working class women

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<v Guy Turnbull>who got together for common good.

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<v Guy Turnbull>They wanted,

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<v Guy Turnbull>they were housewives,

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<v Guy Turnbull>they were young kids,

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<v Guy Turnbull>and they wanted to work.

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<v Guy Turnbull>And they set up a grocery shop downstairs

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<v Guy Turnbull>and a kids' nursery upstairs.

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<v Guy Turnbull>And out of that working together,

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<v Guy Turnbull>they raised some money,

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<v Guy Turnbull>set up a little shop.

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<v Guy Turnbull>And actually created something for common purpose.

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<v Guy Turnbull>So it was people working collectively for common good.

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<v Guy Turnbull>From Little Women,

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<v Guy Turnbull>that morphed into Sunderland Home Care.

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<v Guy Turnbull>In 1993,

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<v Guy Turnbull>that delivered a couple of thousand hours

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<v Guy Turnbull>in the end of domiciliary care

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<v Guy Turnbull>to all the people in Sunderland.

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<v Guy Turnbull>And Margaret and I had a glass of wine one night

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<v Guy Turnbull>in the early morning.

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<v Guy Turnbull>And we were all sitting there,

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<v Guy Turnbull>why aren't there any more co-ops?

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<v Guy Turnbull>Why aren't there more co-operatives

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<v Guy Turnbull>in the social care space?

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<v Guy Turnbull>And we figured,

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<v Guy Turnbull>one, there weren't that many social entrepreneurs.

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<v Guy Turnbull>Two, it had become quite expensive to do.

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<v Guy Turnbull>And maybe people didn't think it could be done.

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<v Guy Turnbull>So we set up CASA

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<v Guy Turnbull>to create that.

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<v Guy Turnbull>And that was the formation of Starlings.

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<v Guy Turnbull>To create that and make it work.

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<v Guy Turnbull>We set up CASA in 2004

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<v Guy Turnbull>as a federation of social franchises.

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<v Guy Turnbull>Each one majority owned by the workforce.

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<v Guy Turnbull>And then between 2010 and 2014,

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<v Guy Turnbull>we consolidated it

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<v Guy Turnbull>into one large single

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<v Guy Turnbull>business.

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<v Guy Turnbull>And that was boring.

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<v Guy Turnbull>That's why we had to do that.

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<v Guy Turnbull>But at the core of fun and ideology

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<v Guy Turnbull>and the fact that you didn't need a leader.

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<v Guy Turnbull>We could do it all together.

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<v Guy Turnbull>I only became the MD

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<v Guy Turnbull>because the major capitalists

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<v Guy Turnbull>insisted we had to have one.

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<v Guy Turnbull>So, when I left,

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<v Guy Turnbull>early this year,

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<v Guy Turnbull>we were delivering 3,000-4,000 hours

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<v Guy Turnbull>of care a week.

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<v Guy Turnbull>In people's homes.

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<v Guy Turnbull>That's about 40,000 visits.

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<v Guy Turnbull>We offered it to people from other sites.

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<v Guy Turnbull>But again, what's that all got to do

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<v Guy Turnbull>with cost?

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<v Guy Turnbull>That was me this morning.

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<v Guy Turnbull>David's been working me like a dog.

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<v Guy Turnbull>He's been working me.

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<v Guy Turnbull>So,

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<v Guy Turnbull>well that's me when I'm 85.

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<v Guy Turnbull>And I've got dementia.

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<v Guy Turnbull>And somebody said,

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<v Guy Turnbull>David comes into my house at the morning.

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<v Guy Turnbull>They let themselves in with a key safe.

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<v Guy Turnbull>Gets me out of bed.

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<v Guy Turnbull>Washes me.

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<v Guy Turnbull>Toilets me.

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<v Guy Turnbull>Gets me ready for the day.

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<v Guy Turnbull>And I want that person to be well trained.

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<v Guy Turnbull>I've got to stay for what they do.

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<v Guy Turnbull>Be engaged in what they do.

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00:12:58.020 --> 00:13:00.720
<v Guy Turnbull>And actually be the same person every day.

219
00:13:01.160 --> 00:13:02.480
<v Guy Turnbull>Because I don't like change.

220
00:13:03.360 --> 00:13:05.680
<v Guy Turnbull>And that's why we set CASRA up.

221
00:13:06.100 --> 00:13:08.020
<v Guy Turnbull>And that was our view in change.

222
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<v Guy Turnbull>So it wasn't an entrepreneur setting up a big business

223
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<v Guy Turnbull>to work people to death.

224
00:13:16.700 --> 00:13:19.920
<v Guy Turnbull>It was about creating a co-operative

225
00:13:19.920 --> 00:13:23.500
<v Guy Turnbull>of a workforce who have a stake in what they do.

226
00:13:23.920 --> 00:13:26.040
<v Guy Turnbull>And for sharing what they do.

227
00:13:26.300 --> 00:13:28.560
<v Guy Turnbull>That leads to a better business.

228
00:13:28.920 --> 00:13:30.040
<v Guy Turnbull>Better quality.

229
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<v Guy Turnbull>You become more successful.

230
00:13:32.660 --> 00:13:34.300
<v Guy Turnbull>You share that with the workforce.

231
00:13:35.080 --> 00:13:36.480
<v Guy Turnbull>And it goes on.

232
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<v Guy Turnbull>Interesting.

233
00:13:38.020 --> 00:13:38.320
<v Guy Turnbull>And then there's the reality.

234
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<v Guy Turnbull>Why is that key?

235
00:13:41.420 --> 00:13:43.340
<v Guy Turnbull>Why is that so important?

236
00:13:43.500 --> 00:13:45.100
<v Guy Turnbull>Why is it so important today?

237
00:13:45.240 --> 00:13:45.560
<v Guy Turnbull>When?

238
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<v Guy Turnbull>And this reason.

239
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<v Guy Turnbull>When we set up,

240
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<v Guy Turnbull>and I asked one of the last speakers

241
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<v Guy Turnbull>to talk about the NHS.

242
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<v Guy Turnbull>When we set up the NHS in 48,

243
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<v Guy Turnbull>life expectancy was 66.

244
00:14:00.200 --> 00:14:01.480
<v Guy Turnbull>It's now 81.

245
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<v Guy Turnbull>And again,

246
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<v Guy Turnbull>80% of spread death.

247
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<v Guy Turnbull>Why inform us?

248
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<v Guy Turnbull>Because we need today,

249
00:14:09.440 --> 00:14:10.540
<v Guy Turnbull>in the UK,

250
00:14:10.820 --> 00:14:12.160
<v Guy Turnbull>some help with living.

251
00:14:13.080 --> 00:14:13.700
<v Guy Turnbull>OK.

252
00:14:13.900 --> 00:14:16.180
<v Guy Turnbull>So where's workforce going to come from?

253
00:14:16.740 --> 00:14:18.400
<v Guy Turnbull>How are we going to pay for it?

254
00:14:19.060 --> 00:14:21.560
<v Guy Turnbull>How is the market going to operate

255
00:14:22.320 --> 00:14:23.780
<v Guy Turnbull>to deliver that?

256
00:14:24.640 --> 00:14:25.520
<v Guy Turnbull>Guess what?

257
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<v Guy Turnbull>It isn't.

258
00:14:28.240 --> 00:14:28.860
<v Guy Turnbull>OK.

259
00:14:29.400 --> 00:14:30.980
<v Guy Turnbull>So what are the reasons then?

260
00:14:33.760 --> 00:14:35.820
<v Guy Turnbull>We've had the financial growth,

261
00:14:36.060 --> 00:14:37.200
<v Guy Turnbull>public austerity,

262
00:14:37.200 --> 00:14:38.200
<v Guy Turnbull>policy market failure.

263
00:14:40.200 --> 00:14:41.400
<v Guy Turnbull>Some market failed.

264
00:14:42.040 --> 00:14:44.280
<v Guy Turnbull>Do you want to see what that looks like?

265
00:14:45.820 --> 00:14:47.140
<v Guy Turnbull>Nasty headlines,

266
00:14:48.060 --> 00:14:52.080
<v Guy Turnbull>people dying in A&E corridors,

267
00:14:54.280 --> 00:14:56.880
<v Guy Turnbull>ambulances not being able to get into hospitals

268
00:14:56.880 --> 00:14:59.700
<v Guy Turnbull>because there isn't enough workforce

269
00:14:59.700 --> 00:15:01.340
<v Guy Turnbull>in the community

270
00:15:02.200 --> 00:15:04.120
<v Guy Turnbull>to look after people

271
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<v Guy Turnbull>who are well enough

272
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<v Guy Turnbull>not to be in hospitals,

273
00:15:08.760 --> 00:15:09.980
<v Guy Turnbull>but not well enough

274
00:15:09.980 --> 00:15:10.980
<v Guy Turnbull>to look after themselves.

275
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<v Guy Turnbull>OK.

276
00:15:13.220 --> 00:15:14.760
<v Guy Turnbull>So we need to rethink

277
00:15:16.160 --> 00:15:17.420
<v Guy Turnbull>how we do that,

278
00:15:17.520 --> 00:15:19.080
<v Guy Turnbull>because actually if we don't do that,

279
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<v Guy Turnbull>it's going to happen here as well.

280
00:15:22.440 --> 00:15:24.020
<v Guy Turnbull>And actually it always is.

281
00:15:24.600 --> 00:15:25.120
<v Guy Turnbull>OK.

282
00:15:25.600 --> 00:15:26.600
<v Guy Turnbull>In the IS,

283
00:15:26.820 --> 00:15:29.680
<v Guy Turnbull>we ran out of Ocelan in two.

284
00:15:31.440 --> 00:15:33.500
<v Guy Turnbull>It was on the radio the other day.

285
00:15:34.500 --> 00:15:35.200
<v Guy Turnbull>So we're going to go back to the radio.

286
00:15:35.200 --> 00:15:39.220
<v Guy Turnbull>The Q&A program last week

287
00:15:39.220 --> 00:15:41.440
<v Guy Turnbull>talked about a car crash.

288
00:15:41.720 --> 00:15:42.600
<v Guy Turnbull>It's a car crash.

289
00:15:42.860 --> 00:15:45.160
<v Guy Turnbull>It's a train crash to happen

290
00:15:46.560 --> 00:15:49.200
<v Guy Turnbull>unless we work out other ways

291
00:15:49.200 --> 00:15:51.640
<v Guy Turnbull>of being neutral.

292
00:15:52.160 --> 00:15:54.340
<v Guy Turnbull>So not one person at the wheel.

293
00:15:54.480 --> 00:15:57.580
<v Guy Turnbull>Not one organisation at the wheel.

294
00:15:57.740 --> 00:15:58.960
<v Guy Turnbull>But all of us,

295
00:15:59.860 --> 00:16:00.560
<v Guy Turnbull>cooperatively,

296
00:16:01.500 --> 00:16:02.240
<v Guy Turnbull>at the wheel.

297
00:16:04.480 --> 00:16:07.080
<v Guy Turnbull>So what is it about co-ops?

298
00:16:07.200 --> 00:16:10.000
<v Guy Turnbull>Why are they so good

299
00:16:10.000 --> 00:16:13.220
<v Guy Turnbull>at delivering what the private sector can?

300
00:16:14.460 --> 00:16:16.760
<v Guy Turnbull>Firstly, it's about that piece of talk

301
00:16:16.760 --> 00:16:17.560
<v Guy Turnbull>about engagement.

302
00:16:19.060 --> 00:16:20.820
<v Guy Turnbull>How do you really engage

303
00:16:20.820 --> 00:16:21.820
<v Guy Turnbull>with your workforce?

304
00:16:22.220 --> 00:16:23.240
<v Guy Turnbull>Well, in Castle,

305
00:16:23.400 --> 00:16:24.220
<v Guy Turnbull>what we do is

306
00:16:24.220 --> 00:16:25.180
<v Guy Turnbull>everybody in the show

307
00:16:25.180 --> 00:16:25.800
<v Guy Turnbull>and the business,

308
00:16:26.580 --> 00:16:27.240
<v Guy Turnbull>everybody understood

309
00:16:27.780 --> 00:16:29.300
<v Guy Turnbull>the rules of the business,

310
00:16:29.500 --> 00:16:31.040
<v Guy Turnbull>and we boiled it down

311
00:16:31.040 --> 00:16:32.220
<v Guy Turnbull>to two or three

312
00:16:32.240 --> 00:16:33.200
<v Guy Turnbull>critical numbers.

313
00:16:33.600 --> 00:16:35.300
<v Guy Turnbull>So everybody's behaviour

314
00:16:35.300 --> 00:16:36.660
<v Guy Turnbull>could be aligned

315
00:16:36.660 --> 00:16:38.600
<v Guy Turnbull>with nudging those numbers.

316
00:16:40.560 --> 00:16:42.360
<v Guy Turnbull>And then, if it didn't work,

317
00:16:42.640 --> 00:16:44.320
<v Guy Turnbull>what are we going to show in the outcome?

318
00:16:45.800 --> 00:16:47.340
<v Guy Turnbull>It's a good profit share.

319
00:16:49.240 --> 00:16:50.860
<v Guy Turnbull>We were openly transparent

320
00:16:52.580 --> 00:16:53.640
<v Guy Turnbull>with everybody.

321
00:16:55.260 --> 00:16:57.040
<v Guy Turnbull>Second type of co-op

322
00:16:57.040 --> 00:16:59.100
<v Guy Turnbull>is a co-op that's owned

323
00:16:59.100 --> 00:17:00.220
<v Guy Turnbull>by the consumers.

324
00:17:00.220 --> 00:17:01.520
<v Guy Turnbull>Barossa.

325
00:17:02.060 --> 00:17:04.200
<v Guy Turnbull>Probably the regular zone

326
00:17:04.200 --> 00:17:06.400
<v Guy Turnbull>where the customers,

327
00:17:06.540 --> 00:17:07.700
<v Guy Turnbull>and again with NDIS,

328
00:17:08.040 --> 00:17:09.520
<v Guy Turnbull>there's a great opportunity

329
00:17:10.220 --> 00:17:11.920
<v Guy Turnbull>for people in receipt of

330
00:17:11.920 --> 00:17:13.460
<v Guy Turnbull>National Disability Insurance

331
00:17:13.460 --> 00:17:16.400
<v Guy Turnbull>to buy and own their own providers.

332
00:17:17.040 --> 00:17:19.840
<v Guy Turnbull>To own their care.

333
00:17:20.480 --> 00:17:23.640
<v Guy Turnbull>Now, disability is all about

334
00:17:24.220 --> 00:17:25.220
<v Guy Turnbull>lack of control.

335
00:17:25.560 --> 00:17:26.040
<v Guy Turnbull>It's about

336
00:17:27.080 --> 00:17:29.740
<v Guy Turnbull>if you can put people back

337
00:17:29.740 --> 00:17:32.600
<v Guy Turnbull>in control of their care,

338
00:17:32.680 --> 00:17:33.600
<v Guy Turnbull>you actually address

339
00:17:33.600 --> 00:17:37.100
<v Guy Turnbull>some of those bits

340
00:17:37.740 --> 00:17:38.560
<v Guy Turnbull>about disability

341
00:17:38.560 --> 00:17:41.220
<v Guy Turnbull>that farmer can't solve them,

342
00:17:42.160 --> 00:17:44.020
<v Guy Turnbull>that therapy can't.

343
00:17:44.640 --> 00:17:45.620
<v Guy Turnbull>Okay.

344
00:17:46.660 --> 00:17:48.480
<v Guy Turnbull>Another type is

345
00:17:48.480 --> 00:17:50.480
<v Guy Turnbull>secondary co-ops,

346
00:17:50.500 --> 00:17:52.640
<v Guy Turnbull>so providers coming together

347
00:17:52.640 --> 00:17:54.380
<v Guy Turnbull>to share things.

348
00:17:54.940 --> 00:17:56.740
<v Guy Turnbull>I think in the

349
00:17:57.500 --> 00:17:58.840
<v Guy Turnbull>flight industry

350
00:17:58.840 --> 00:18:00.140
<v Guy Turnbull>you've got one of the lines,

351
00:18:00.360 --> 00:18:01.660
<v Guy Turnbull>so you can book a

352
00:18:01.660 --> 00:18:03.360
<v Guy Turnbull>quantitative flight

353
00:18:03.360 --> 00:18:04.780
<v Guy Turnbull>of flying routes.

354
00:18:05.100 --> 00:18:07.620
<v Guy Turnbull>So, sharing a lot of the back office

355
00:18:07.620 --> 00:18:09.800
<v Guy Turnbull>with actually one friend.

356
00:18:11.140 --> 00:18:12.380
<v Guy Turnbull>So you need

357
00:18:12.380 --> 00:18:13.760
<v Guy Turnbull>the one thing.

358
00:18:14.960 --> 00:18:16.900
<v Guy Turnbull>I'm a geographer by the way,

359
00:18:16.920 --> 00:18:18.900
<v Guy Turnbull>so business was always a

360
00:18:18.900 --> 00:18:21.900
<v Guy Turnbull>I like to borrow things

361
00:18:21.900 --> 00:18:23.300
<v Guy Turnbull>into very simple things.

362
00:18:23.660 --> 00:18:25.860
<v Guy Turnbull>And the only way care works

363
00:18:25.860 --> 00:18:26.460
<v Guy Turnbull>is volume.

364
00:18:29.080 --> 00:18:31.420
<v Guy Turnbull>So, you have to balance

365
00:18:31.420 --> 00:18:35.080
<v Guy Turnbull>that very personal touch

366
00:18:35.080 --> 00:18:37.440
<v Guy Turnbull>with voiding behind the scenes

367
00:18:37.440 --> 00:18:39.800
<v Guy Turnbull>to be able to make it work.

368
00:18:40.340 --> 00:18:42.000
<v Guy Turnbull>And finally,

369
00:18:42.200 --> 00:18:45.200
<v Guy Turnbull>this idea of self-managed teams.

370
00:18:45.600 --> 00:18:47.580
<v Guy Turnbull>Small nurse virtual,

371
00:18:48.020 --> 00:18:50.220
<v Guy Turnbull>Netherlands and

372
00:18:51.100 --> 00:18:53.020
<v Guy Turnbull>we've got nurse-led

373
00:18:55.080 --> 00:18:56.720
<v Guy Turnbull>community teams

374
00:18:56.720 --> 00:18:58.220
<v Guy Turnbull>just looking after community.

375
00:18:58.460 --> 00:18:58.700
<v Speaker 1>Almost,

376
00:18:58.840 --> 00:18:59.580
<v Speaker 1>I don't know the old day,

377
00:18:59.720 --> 00:19:01.020
<v Guy Turnbull>but very, very advanced.

378
00:19:02.680 --> 00:19:03.280
<v Guy Turnbull>Okay.

379
00:19:03.460 --> 00:19:05.040
<v Guy Turnbull>So, back to CASA.

380
00:19:05.100 --> 00:19:07.500
<v Guy Turnbull>So, back to the train crash.

381
00:19:07.920 --> 00:19:10.460
<v Guy Turnbull>So, our response to the train crash was

382
00:19:10.460 --> 00:19:13.140
<v Guy Turnbull>workforce is the key.

383
00:19:13.620 --> 00:19:15.700
<v Guy Turnbull>You don't get your workforce right.

384
00:19:16.380 --> 00:19:17.760
<v Guy Turnbull>And one of the issues

385
00:19:17.760 --> 00:19:18.900
<v Guy Turnbull>in South Australia

386
00:19:19.580 --> 00:19:21.620
<v Guy Turnbull>is with the recent investment

387
00:19:21.620 --> 00:19:24.520
<v Guy Turnbull>in defence and others

388
00:19:24.520 --> 00:19:26.960
<v Guy Turnbull>is going to be great for the economy,

389
00:19:27.200 --> 00:19:28.560
<v Guy Turnbull>but I had to shut

390
00:19:29.420 --> 00:19:32.480
<v Guy Turnbull>a thousand-hour branch down.

391
00:19:32.700 --> 00:19:34.400
<v Guy Turnbull>Sorry, things weren't going to let down

392
00:19:34.400 --> 00:19:37.920
<v Guy Turnbull>because Amazon set up a warehouse next door,

393
00:19:38.220 --> 00:19:40.180
<v Guy Turnbull>printed a thousand jobs

394
00:19:40.840 --> 00:19:41.880
<v Guy Turnbull>and nipped my workforce.

395
00:19:44.700 --> 00:19:47.560
<v Guy Turnbull>So, we need a workforce sensible debate

396
00:19:48.380 --> 00:19:50.380
<v Guy Turnbull>about workforce planning.

397
00:19:51.940 --> 00:19:54.980
<v Guy Turnbull>Because what I used to tell my owners

398
00:19:54.980 --> 00:19:57.240
<v Guy Turnbull>is you have to be better care.

399
00:19:57.240 --> 00:19:59.640
<v Guy Turnbull>You're not there, you can't care.

400
00:20:00.160 --> 00:20:01.740
<v Guy Turnbull>No financial leakage

401
00:20:01.740 --> 00:20:02.900
<v Guy Turnbull>isn't really room

402
00:20:02.900 --> 00:20:04.640
<v Guy Turnbull>for external shareholders

403
00:20:05.240 --> 00:20:08.280
<v Guy Turnbull>to rip the heart out of the house service.

404
00:20:09.100 --> 00:20:10.800
<v Guy Turnbull>It needs to go back in.

405
00:20:11.380 --> 00:20:13.860
<v Guy Turnbull>It needs to be reinvested in the people.

406
00:20:14.540 --> 00:20:16.700
<v Guy Turnbull>It needs to be reinvested in kids.

407
00:20:17.100 --> 00:20:18.620
<v Guy Turnbull>And don't subscribe

408
00:20:19.360 --> 00:20:21.620
<v Guy Turnbull>to having the heart ripped out

409
00:20:21.620 --> 00:20:23.040
<v Guy Turnbull>of our house service.

410
00:20:23.840 --> 00:20:26.020
<v Guy Turnbull>There's nothing wrong with profit motive

411
00:20:26.020 --> 00:20:27.720
<v Guy Turnbull>and incentivisation, though.

412
00:20:28.400 --> 00:20:30.680
<v Guy Turnbull>The line in behaviour too.

413
00:20:32.000 --> 00:20:33.780
<v Guy Turnbull>Financial accountants need to be able

414
00:20:33.780 --> 00:20:34.740
<v Guy Turnbull>to get those loans.

415
00:20:35.060 --> 00:20:36.440
<v Guy Turnbull>And one of the advantages

416
00:20:36.440 --> 00:20:39.240
<v Guy Turnbull>of not having external shareholders

417
00:20:39.240 --> 00:20:42.020
<v Guy Turnbull>is I could go into any meeting

418
00:20:42.020 --> 00:20:43.640
<v Guy Turnbull>with any commissioner

419
00:20:43.640 --> 00:20:44.920
<v Guy Turnbull>with a spreadsheet.

420
00:20:45.440 --> 00:20:47.180
<v Guy Turnbull>So, that's where the money goes.

421
00:20:48.100 --> 00:20:50.520
<v Guy Turnbull>If you can do any better, show me.

422
00:20:51.780 --> 00:20:53.460
<v Guy Turnbull>I could go to the workforce

423
00:20:54.020 --> 00:20:54.960
<v Guy Turnbull>and say,

424
00:20:54.960 --> 00:20:56.520
<v Guy Turnbull>here's what we get paid.

425
00:20:56.760 --> 00:20:58.760
<v Guy Turnbull>This is what we all get paid.

426
00:20:59.460 --> 00:21:01.600
<v Guy Turnbull>You can do any better, show me.

427
00:21:03.060 --> 00:21:04.660
<v Guy Turnbull>So, it really works.

428
00:21:04.720 --> 00:21:06.080
<v Guy Turnbull>Open book management

429
00:21:06.080 --> 00:21:08.400
<v Guy Turnbull>is a real powerful tool.

430
00:21:08.860 --> 00:21:10.500
<v Guy Turnbull>But you have to be really efficient.

431
00:21:11.020 --> 00:21:13.860
<v Guy Turnbull>And finally, once you have that,

432
00:21:14.640 --> 00:21:17.740
<v Guy Turnbull>that kind of relationship

433
00:21:17.740 --> 00:21:19.660
<v Guy Turnbull>with other stakeholders,

434
00:21:19.920 --> 00:21:22.760
<v Guy Turnbull>you can really start to co-produce things.

435
00:21:24.340 --> 00:21:24.940
<v Guy Turnbull>And that's the thing.

436
00:21:24.940 --> 00:21:28.380
<v Guy Turnbull>Just a little bit about what co-ops are as I'm here.

437
00:21:28.580 --> 00:21:31.180
<v Guy Turnbull>I thought I'd use an Australian example.

438
00:21:31.640 --> 00:21:33.460
<v Guy Turnbull>This is the Barossa Co-op.

439
00:21:33.660 --> 00:21:36.040
<v Guy Turnbull>And the other great thing about co-ops

440
00:21:36.940 --> 00:21:40.680
<v Guy Turnbull>is they start when the market fails.

441
00:21:41.720 --> 00:21:45.300
<v Guy Turnbull>So, this general grocery in the Barossa

442
00:21:46.080 --> 00:21:48.600
<v Guy Turnbull>was going to shut down in 1938

443
00:21:49.280 --> 00:21:50.580
<v Guy Turnbull>for sad reasons.

444
00:21:50.880 --> 00:21:53.200
<v Guy Turnbull>But it was going to shut down anyway.

445
00:21:53.200 --> 00:21:55.440
<v Guy Turnbull>And the community rallied there

446
00:21:55.440 --> 00:21:58.340
<v Guy Turnbull>to become, we need our shop.

447
00:21:59.160 --> 00:22:01.160
<v Guy Turnbull>So, raised the money together,

448
00:22:01.360 --> 00:22:03.980
<v Guy Turnbull>we call crowdfunding these days,

449
00:22:04.220 --> 00:22:05.660
<v Guy Turnbull>and bought it.

450
00:22:09.120 --> 00:22:10.740
<v Guy Turnbull>And because again,

451
00:22:10.940 --> 00:22:12.000
<v Guy Turnbull>like any co-op,

452
00:22:12.100 --> 00:22:13.860
<v Guy Turnbull>every co-op has the same principles.

453
00:22:14.160 --> 00:22:15.560
<v Guy Turnbull>No external shareholders,

454
00:22:16.020 --> 00:22:19.340
<v Guy Turnbull>real investment in community, etc.

455
00:22:20.960 --> 00:22:23.060
<v Guy Turnbull>The dividends and the surplus,

456
00:22:23.060 --> 00:22:24.680
<v Guy Turnbull>gets ploughed back,

457
00:22:25.560 --> 00:22:28.480
<v Guy Turnbull>not out to another country or region,

458
00:22:28.960 --> 00:22:30.840
<v Guy Turnbull>but back into the community.

459
00:22:31.600 --> 00:22:34.660
<v Guy Turnbull>And there's some of the KPIs

460
00:22:34.660 --> 00:22:38.300
<v Guy Turnbull>the Barossa has managed to achieve

461
00:22:39.060 --> 00:22:39.980
<v Guy Turnbull>in its time.

462
00:22:41.440 --> 00:22:43.540
<v Guy Turnbull>Serious, serious impact.

463
00:22:47.060 --> 00:22:47.620
<v Guy Turnbull>Sticky money.

464
00:22:49.060 --> 00:22:50.040
<v Guy Turnbull>Which was really important.

465
00:22:52.040 --> 00:22:54.140
<v Guy Turnbull>It's important that all the money

466
00:22:54.760 --> 00:22:57.420
<v Guy Turnbull>that's spent in a state,

467
00:22:57.640 --> 00:22:59.820
<v Guy Turnbull>it's not just at the bottom of the state,

468
00:22:59.880 --> 00:23:03.100
<v Guy Turnbull>what you don't want in economic development,

469
00:23:03.320 --> 00:23:04.940
<v Guy Turnbull>I used to call it the funnel theory,

470
00:23:05.260 --> 00:23:06.800
<v Guy Turnbull>you just stick it all in there

471
00:23:06.800 --> 00:23:08.200
<v Guy Turnbull>and it drops down the bottom.

472
00:23:08.840 --> 00:23:10.160
<v Guy Turnbull>What you want to do is,

473
00:23:10.220 --> 00:23:12.140
<v Guy Turnbull>you want to create a mesh,

474
00:23:13.340 --> 00:23:14.580
<v Guy Turnbull>so it captures.

475
00:23:15.220 --> 00:23:17.440
<v Guy Turnbull>So, in Kassel, our main customer

476
00:23:17.440 --> 00:23:18.640
<v Guy Turnbull>was the government.

477
00:23:18.640 --> 00:23:20.800
<v Guy Turnbull>So, the government paid us

478
00:23:20.800 --> 00:23:22.740
<v Guy Turnbull>£17 million a year

479
00:23:22.740 --> 00:23:24.880
<v Guy Turnbull>to deliver services.

480
00:23:25.660 --> 00:23:28.220
<v Guy Turnbull>And we gave as much of that as possible

481
00:23:28.220 --> 00:23:29.680
<v Guy Turnbull>to our workforce.

482
00:23:30.060 --> 00:23:31.560
<v Guy Turnbull>Who all worked locally?

483
00:23:31.680 --> 00:23:32.980
<v Guy Turnbull>Who all spent locally?

484
00:23:34.100 --> 00:23:36.680
<v Guy Turnbull>A third of our profit we shared

485
00:23:36.680 --> 00:23:38.600
<v Guy Turnbull>with, like,

486
00:23:40.520 --> 00:23:42.620
<v Guy Turnbull>supporting good causes.

487
00:23:43.260 --> 00:23:45.900
<v Guy Turnbull>So again, really just trying to

488
00:23:45.900 --> 00:23:47.700
<v Guy Turnbull>keep it all together.

489
00:23:49.140 --> 00:23:52.240
<v Guy Turnbull>And this is exactly what Barossa has done.

490
00:23:52.900 --> 00:23:55.880
<v Guy Turnbull>By investing, not in a shed,

491
00:23:56.600 --> 00:23:58.960
<v Guy Turnbull>but an amazing bit of,

492
00:23:59.580 --> 00:24:01.220
<v Guy Turnbull>a bit of architecture.

493
00:24:01.820 --> 00:24:02.780
<v Guy Turnbull>You know how I told,

494
00:24:05.040 --> 00:24:07.200
<v Guy Turnbull>I saw this done the other day.

495
00:24:07.360 --> 00:24:08.780
<v Guy Turnbull>By the way, I'm stealing

496
00:24:09.780 --> 00:24:11.620
<v Guy Turnbull>another speaker's slides here.

497
00:24:11.900 --> 00:24:13.200
<v Guy Turnbull>Not because I'm a thief,

498
00:24:13.460 --> 00:24:15.960
<v Guy Turnbull>but because I've got so bored of my own.

499
00:24:17.700 --> 00:24:19.360
<v Guy Turnbull>I've been doing this all week.

500
00:24:19.400 --> 00:24:21.600
<v Guy Turnbull>I'd like to give myself a couple of surprises.

501
00:24:23.820 --> 00:24:24.460
<v Guy Turnbull>So,

502
00:24:26.420 --> 00:24:28.440
<v Guy Turnbull>but what I can't do

503
00:24:28.440 --> 00:24:30.100
<v Guy Turnbull>is what Peter did

504
00:24:30.700 --> 00:24:32.920
<v Guy Turnbull>at the Entrepreneurs' Workshop

505
00:24:32.920 --> 00:24:33.880
<v Guy Turnbull>the other day.

506
00:24:34.700 --> 00:24:36.620
<v Guy Turnbull>He's, because I've been told that

507
00:24:36.620 --> 00:24:41.020
<v Guy Turnbull>80% of Australians

508
00:24:41.020 --> 00:24:42.000
<v Guy Turnbull>are members of the Corps.

509
00:24:43.020 --> 00:24:45.240
<v Guy Turnbull>The RAA has got 80%

510
00:24:45.240 --> 00:24:46.440
<v Guy Turnbull>brilliant exercises,

511
00:24:46.440 --> 00:24:48.020
<v Guy Turnbull>and the audience said,

512
00:24:48.040 --> 00:24:49.680
<v Guy Turnbull>no, no, no, that can't be right.

513
00:24:50.000 --> 00:24:51.440
<v Guy Turnbull>By the end of it,

514
00:24:51.500 --> 00:24:53.060
<v Guy Turnbull>you've got everybody standing up.

515
00:24:54.620 --> 00:24:56.640
<v Guy Turnbull>My knowledge of the Australian

516
00:24:56.640 --> 00:24:58.660
<v Guy Turnbull>Co-op sector isn't that good,

517
00:24:58.740 --> 00:24:59.760
<v Guy Turnbull>so I'm not going to do that,

518
00:24:59.820 --> 00:25:01.140
<v Guy Turnbull>but it was awesome.

519
00:25:02.360 --> 00:25:03.700
<v Guy Turnbull>There is some,

520
00:25:03.700 --> 00:25:05.340
<v Guy Turnbull>some facts about it.

521
00:25:05.520 --> 00:25:07.500
<v Guy Turnbull>You know, the Co-op sector

522
00:25:07.500 --> 00:25:09.280
<v Guy Turnbull>in Australia really is huge.

523
00:25:10.580 --> 00:25:11.680
<v Guy Turnbull>So it's about,

524
00:25:12.440 --> 00:25:14.340
<v Guy Turnbull>sometimes we forget what we've got.

525
00:25:14.340 --> 00:25:17.060
<v Guy Turnbull>We need to reinvent it back.

526
00:25:18.780 --> 00:25:21.420
<v Guy Turnbull>And these are a definition,

527
00:25:21.780 --> 00:25:24.440
<v Guy Turnbull>because if you want to learn more,

528
00:25:25.640 --> 00:25:27.540
<v Guy Turnbull>Australia's got a big body called

529
00:25:27.540 --> 00:25:28.960
<v Guy Turnbull>the Business Council of the Corps,

530
00:25:29.020 --> 00:25:30.620
<v Guy Turnbull>it's a neutral, easy-going,

531
00:25:30.920 --> 00:25:34.120
<v Guy Turnbull>but all corps are governed by

532
00:25:34.120 --> 00:25:37.900
<v Guy Turnbull>seven international co-optive principles.

533
00:25:39.220 --> 00:25:40.280
<v Guy Turnbull>They're key.

534
00:25:42.640 --> 00:25:44.260
<v Guy Turnbull>And it's, again,

535
00:25:44.260 --> 00:25:46.120
<v Guy Turnbull>think back to the Starlings,

536
00:25:47.120 --> 00:25:48.740
<v Guy Turnbull>because actually if you've got

537
00:25:48.740 --> 00:25:50.740
<v Guy Turnbull>two or three very simple rules,

538
00:25:51.560 --> 00:25:53.060
<v Guy Turnbull>you don't go far wrong,

539
00:25:53.220 --> 00:25:54.340
<v Guy Turnbull>and that's how you start

540
00:25:55.060 --> 00:25:56.960
<v Guy Turnbull>actually building an ecosystem,

541
00:25:57.160 --> 00:25:58.700
<v Guy Turnbull>which works.

542
00:26:00.220 --> 00:26:02.680
<v Guy Turnbull>And remember, ownership matters.

543
00:26:03.800 --> 00:26:06.060
<v Guy Turnbull>You can trickle down to the world.

544
00:26:06.120 --> 00:26:07.980
<v Guy Turnbull>The only way you retain wealth

545
00:26:07.980 --> 00:26:09.620
<v Guy Turnbull>in a community

546
00:26:10.260 --> 00:26:12.080
<v Guy Turnbull>is by having the community

547
00:26:12.080 --> 00:26:13.120
<v Guy Turnbull>out of the wealth.

548
00:26:14.260 --> 00:26:14.440
<v Guy Turnbull>OK?

549
00:26:16.260 --> 00:26:17.980
<v Guy Turnbull>So, local ownership

550
00:26:17.980 --> 00:26:19.960
<v Guy Turnbull>using employee ownership

551
00:26:19.960 --> 00:26:23.860
<v Guy Turnbull>as an answer to business succession,

552
00:26:24.160 --> 00:26:25.740
<v Guy Turnbull>which in the UK we're

553
00:26:25.740 --> 00:26:28.020
<v Guy Turnbull>very successful in doing that.

554
00:26:28.880 --> 00:26:30.880
<v Guy Turnbull>Encouraging retiring owners

555
00:26:30.880 --> 00:26:32.600
<v Guy Turnbull>to stay out of the workforce,

556
00:26:33.020 --> 00:26:35.480
<v Guy Turnbull>rather than multinationals

557
00:26:35.480 --> 00:26:36.280
<v Guy Turnbull>or the competition.

558
00:26:37.260 --> 00:26:39.440
<v Guy Turnbull>Again, that helps keep everything

559
00:26:40.520 --> 00:26:41.360
<v Guy Turnbull>tight.

560
00:26:44.620 --> 00:26:45.920
<v Guy Turnbull>So, for example,

561
00:26:45.920 --> 00:26:48.660
<v Guy Turnbull>we had a recent inquiry last year,

562
00:26:48.880 --> 00:26:51.360
<v Guy Turnbull>just published a couple of weeks ago,

563
00:26:52.260 --> 00:26:54.120
<v Guy Turnbull>on the ownership effect.

564
00:26:54.520 --> 00:26:56.700
<v Guy Turnbull>They've listed some of the major concerns

565
00:26:56.700 --> 00:26:58.240
<v Guy Turnbull>in the UK at the moment,

566
00:26:58.400 --> 00:27:00.080
<v Guy Turnbull>but I'm sure you'll recognise

567
00:27:00.080 --> 00:27:02.560
<v Guy Turnbull>some of these in Australia.

568
00:27:03.940 --> 00:27:05.320
<v Guy Turnbull>Productivity not good.

569
00:27:06.140 --> 00:27:08.960
<v Guy Turnbull>That our productivity over the last

570
00:27:08.960 --> 00:27:11.460
<v Guy Turnbull>seven, eight years has really flatlined,

571
00:27:11.700 --> 00:27:13.180
<v Guy Turnbull>and nobody knows why.

572
00:27:14.260 --> 00:27:16.580
<v Guy Turnbull>The government's very concerned about

573
00:27:16.580 --> 00:27:17.760
<v Guy Turnbull>corporate governance,

574
00:27:18.100 --> 00:27:20.200
<v Guy Turnbull>low work engagement,

575
00:27:20.720 --> 00:27:24.260
<v Guy Turnbull>and we've outsourced some of our public services

576
00:27:24.820 --> 00:27:27.560
<v Guy Turnbull>to some huge multinationals

577
00:27:27.560 --> 00:27:29.320
<v Guy Turnbull>that have then gone bust

578
00:27:29.320 --> 00:27:31.740
<v Guy Turnbull>or defaulted on their contracts,

579
00:27:32.200 --> 00:27:35.220
<v Guy Turnbull>leaving public services in disarray.

580
00:27:35.800 --> 00:27:36.760
<v Guy Turnbull>OK?

581
00:27:38.400 --> 00:27:40.920
<v Guy Turnbull>And concern about resilience

582
00:27:40.920 --> 00:27:42.300
<v Guy Turnbull>and business succession.

583
00:27:42.700 --> 00:27:43.200
<v Guy Turnbull>So,

584
00:27:43.200 --> 00:27:45.540
<v Guy Turnbull>South of Ferry in Adelaide,

585
00:27:45.600 --> 00:27:47.500
<v Guy Turnbull>you've got your first public service

586
00:27:47.500 --> 00:27:52.720
<v Guy Turnbull>mutual opening in September.

587
00:27:53.400 --> 00:27:55.040
<v Guy Turnbull>So children's services,

588
00:27:55.420 --> 00:27:57.480
<v Guy Turnbull>rather than being spun out

589
00:27:57.480 --> 00:28:00.540
<v Guy Turnbull>to a private company,

590
00:28:00.820 --> 00:28:03.500
<v Guy Turnbull>have been turned into an employee-owned

591
00:28:03.500 --> 00:28:06.000
<v Guy Turnbull>mutual cooperative.

592
00:28:07.900 --> 00:28:10.400
<v Guy Turnbull>So, hopefully the first of many.

593
00:28:10.720 --> 00:28:12.680
<v Guy Turnbull>But what we know about

594
00:28:12.680 --> 00:28:14.580
<v Guy Turnbull>that employer ownership in co-ops

595
00:28:14.580 --> 00:28:16.960
<v Guy Turnbull>is they improve productivity.

596
00:28:17.660 --> 00:28:21.260
<v Guy Turnbull>They build more resilient regional economies.

597
00:28:21.720 --> 00:28:25.340
<v Guy Turnbull>They create more engaged workforce.

598
00:28:26.680 --> 00:28:28.360
<v Guy Turnbull>And it's about talent.

599
00:28:29.220 --> 00:28:32.980
<v Guy Turnbull>I mean, I never thought I would be a business owner.

600
00:28:33.360 --> 00:28:35.980
<v Guy Turnbull>I had no interest in...

601
00:28:37.680 --> 00:28:41.580
<v Guy Turnbull>I was on my way to being a geography lecturer.

602
00:28:41.580 --> 00:28:43.300
<v Guy Turnbull>I got lost.

603
00:28:49.340 --> 00:28:51.440
<v Guy Turnbull>Where's the irony there, eh?

604
00:28:54.440 --> 00:28:56.040
<v Guy Turnbull>Business succession.

605
00:28:57.120 --> 00:28:57.920
<v Guy Turnbull>OK?

606
00:28:59.100 --> 00:29:00.380
<v Guy Turnbull>And it's actually...

607
00:29:00.380 --> 00:29:01.800
<v Guy Turnbull>Spirit said,

608
00:29:01.880 --> 00:29:03.180
<v Guy Turnbull>there's nothing to hide.

609
00:29:04.020 --> 00:29:04.820
<v Guy Turnbull>OK?

610
00:29:04.840 --> 00:29:06.840
<v Guy Turnbull>One of our castle values

611
00:29:06.840 --> 00:29:10.080
<v Guy Turnbull>was about being honest,

612
00:29:10.300 --> 00:29:10.740
<v Guy Turnbull>and honest.

613
00:29:12.520 --> 00:29:13.560
<v Guy Turnbull>And open,

614
00:29:13.640 --> 00:29:16.300
<v Guy Turnbull>and acting in integrity at all times.

615
00:29:16.460 --> 00:29:18.220
<v Guy Turnbull>When a list of attitudes

616
00:29:18.220 --> 00:29:20.020
<v Guy Turnbull>against each castle value,

617
00:29:20.320 --> 00:29:21.800
<v Guy Turnbull>and in your performance,

618
00:29:21.840 --> 00:29:22.860
<v Guy Turnbull>you have to demonstrate

619
00:29:23.580 --> 00:29:25.120
<v Guy Turnbull>how you've acted that way.

620
00:29:25.620 --> 00:29:28.140
<v Guy Turnbull>So it's about embedding your values

621
00:29:29.040 --> 00:29:30.900
<v Guy Turnbull>in what you do every day.

622
00:29:33.380 --> 00:29:35.840
<v Guy Turnbull>And young people don't just want to

623
00:29:36.800 --> 00:29:38.060
<v Guy Turnbull>work for anybody.

624
00:29:39.400 --> 00:29:41.260
<v Guy Turnbull>They want purpose.

625
00:29:41.260 --> 00:29:42.260
<v Guy Turnbull>We all want purpose.

626
00:29:42.420 --> 00:29:45.840
<v Guy Turnbull>I think we want some kind of purpose in our lives.

627
00:29:48.340 --> 00:29:48.820
<v Guy Turnbull>So,

628
00:29:49.880 --> 00:29:50.920
<v Guy Turnbull>just before I go,

629
00:29:51.120 --> 00:29:53.240
<v Guy Turnbull>one thing I do is just...

630
00:29:53.240 --> 00:29:56.020
<v Guy Turnbull>One of the other emotions of Co-ops is

631
00:29:56.020 --> 00:29:58.780
<v Guy Turnbull>you can involve more than one stakeholder group.

632
00:29:59.500 --> 00:30:00.800
<v Guy Turnbull>So, I've done...

633
00:30:01.840 --> 00:30:03.280
<v Guy Turnbull>One of the things I've done is

634
00:30:03.280 --> 00:30:04.660
<v Guy Turnbull>when I was with disabled people,

635
00:30:06.720 --> 00:30:08.900
<v Guy Turnbull>families, commissioners, and providers,

636
00:30:09.420 --> 00:30:10.340
<v Speaker 1>what do you want?

637
00:30:11.060 --> 00:30:13.640
<v Guy Turnbull>What do you want out of our health and care system?

638
00:30:14.360 --> 00:30:16.900
<v Guy Turnbull>And I've done this in a couple of rooms like this.

639
00:30:17.300 --> 00:30:19.620
<v Guy Turnbull>I've split them up into different groups.

640
00:30:20.220 --> 00:30:21.860
<v Guy Turnbull>And they've come up with a list.

641
00:30:22.100 --> 00:30:22.920
<v Guy Turnbull>And guess what?

642
00:30:23.040 --> 00:30:23.800
<v Guy Turnbull>It's a bit risky.

643
00:30:24.320 --> 00:30:26.220
<v Guy Turnbull>But no one does that in a good thing.

644
00:30:26.280 --> 00:30:26.940
<v Guy Turnbull>Guess what happens?

645
00:30:28.620 --> 00:30:29.100
<v Guy Turnbull>Yes.

646
00:30:31.020 --> 00:30:32.760
<v Guy Turnbull>They all say the same thing.

647
00:30:34.020 --> 00:30:35.020
<v Guy Turnbull>They all say,

648
00:30:35.160 --> 00:30:36.600
<v Guy Turnbull>there are value for money,

649
00:30:37.200 --> 00:30:38.660
<v Guy Turnbull>security, safety, and quality.

650
00:30:39.780 --> 00:30:40.260
<v Guy Turnbull>Okay?

651
00:30:40.340 --> 00:30:43.500
<v Guy Turnbull>So, why can't we build a fair and neutral system

652
00:30:43.500 --> 00:30:46.640
<v Guy Turnbull>that delivers those four things

653
00:30:47.580 --> 00:30:49.200
<v Guy Turnbull>to the stakeholder group?

654
00:30:49.340 --> 00:30:50.900
<v Guy Turnbull>And that's what a Co-op can do.

655
00:30:51.140 --> 00:30:52.900
<v Guy Turnbull>And that's what we've been doing with

656
00:30:52.900 --> 00:30:58.960
<v Guy Turnbull>multi-stakeholder Co-ops in the UK.

657
00:31:00.220 --> 00:31:04.240
<v Guy Turnbull>Is actually having companies, Co-ops,

658
00:31:04.240 --> 00:31:07.060
<v Guy Turnbull>owned by disabled people, families,

659
00:31:08.180 --> 00:31:09.500
<v Guy Turnbull>providers, workers,

660
00:31:09.500 --> 00:31:11.200
<v Guy Turnbull>and commissioners.

661
00:31:12.500 --> 00:31:15.840
<v Guy Turnbull>And actually that allows people to work out

662
00:31:15.840 --> 00:31:18.620
<v Guy Turnbull>how, what services people actually want.

663
00:31:19.260 --> 00:31:20.500
<v Guy Turnbull>Not what provide,

664
00:31:20.780 --> 00:31:21.840
<v Guy Turnbull>what people actually want.

665
00:31:22.340 --> 00:31:25.220
<v Guy Turnbull>It allows for economic democracy.

666
00:31:27.280 --> 00:31:29.500
<v Guy Turnbull>It allows for community development

667
00:31:29.500 --> 00:31:31.580
<v Guy Turnbull>because you can actually start

668
00:31:31.580 --> 00:31:33.120
<v Guy Turnbull>squashing some of your assets.

669
00:31:33.720 --> 00:31:35.280
<v Guy Turnbull>And it allows for,

670
00:31:35.320 --> 00:31:36.700
<v Guy Turnbull>it provides the vehicle

671
00:31:37.500 --> 00:31:39.140
<v Guy Turnbull>that allows those conversations.

672
00:31:39.500 --> 00:31:41.120
<v Guy Turnbull>That take place.

673
00:31:43.580 --> 00:31:46.240
<v Guy Turnbull>And in some parts of Europe,

674
00:31:46.300 --> 00:31:47.720
<v Guy Turnbull>they've really embraced this.

675
00:31:48.620 --> 00:31:49.380
<v Guy Turnbull>Amazing.

676
00:31:49.480 --> 00:31:50.080
<v Guy Turnbull>So, in Italy,

677
00:31:51.060 --> 00:31:54.480
<v Guy Turnbull>there's over 6,500 Co-ops

678
00:31:54.480 --> 00:31:56.380
<v Guy Turnbull>in the social care network.

679
00:31:57.200 --> 00:31:57.960
<v Guy Turnbull>Okay?

680
00:31:58.080 --> 00:31:59.040
<v Guy Turnbull>And flying,

681
00:31:59.180 --> 00:32:00.000
<v Guy Turnbull>we're talking about

682
00:32:00.000 --> 00:32:01.260
<v Guy Turnbull>four million staff.

683
00:32:02.300 --> 00:32:05.260
<v Guy Turnbull>31.3 billion euros.

684
00:32:06.360 --> 00:32:07.920
<v Guy Turnbull>And, you know,

685
00:32:07.920 --> 00:32:09.860
<v Guy Turnbull>a lot more than 85%

686
00:32:09.860 --> 00:32:13.260
<v Guy Turnbull>of the care delivered by Co-ops.

687
00:32:13.500 --> 00:32:15.460
<v Guy Turnbull>So it's having that ambition.

688
00:32:15.960 --> 00:32:18.880
<v Guy Turnbull>The Co-op movement goes back to 1844

689
00:32:18.880 --> 00:32:21.480
<v Guy Turnbull>where a bunch of people

690
00:32:22.160 --> 00:32:23.420
<v Guy Turnbull>in Rochdale,

691
00:32:23.600 --> 00:32:25.340
<v Guy Turnbull>called the Rochdale Pioneers,

692
00:32:25.440 --> 00:32:26.580
<v Guy Turnbull>came together

693
00:32:26.580 --> 00:32:28.360
<v Guy Turnbull>because they were sick and tired

694
00:32:28.360 --> 00:32:30.600
<v Guy Turnbull>of the industrialists

695
00:32:31.860 --> 00:32:33.540
<v Guy Turnbull>adulterating the food

696
00:32:33.540 --> 00:32:35.180
<v Guy Turnbull>that the workforce had been given.

697
00:32:35.820 --> 00:32:37.900
<v Guy Turnbull>And they created a 30% cost

698
00:32:37.900 --> 00:32:44.640
<v Guy Turnbull>and from that it's built a worldwide movement.

699
00:32:45.480 --> 00:32:49.560
<v Guy Turnbull>One in six of us on the planet are co-operators.

700
00:32:52.020 --> 00:32:59.620
<v Guy Turnbull>So how can South Australia, I guess as a question, realise that ambition?

701
00:33:00.920 --> 00:33:04.100
<v Guy Turnbull>How can a co-operative state be built?

702
00:33:04.100 --> 00:33:09.240
<v Guy Turnbull>You need clear models. You need access to finance.

703
00:33:09.840 --> 00:33:12.540
<v Guy Turnbull>You need specialist business support.

704
00:33:12.640 --> 00:33:16.740
<v Guy Turnbull>You need government to think long term.

705
00:33:19.660 --> 00:33:22.020
<v Guy Turnbull>Capitalism wasn't built in a day.

706
00:33:22.780 --> 00:33:30.800
<v Guy Turnbull>It probably took more than a day to get the means of production back into the hands of the workforce.

707
00:33:32.440 --> 00:33:33.720
<v Guy Turnbull>Enabling legislation.

708
00:33:33.720 --> 00:33:34.080
<v Guy Turnbull>Enabling legislation.

709
00:33:34.960 --> 00:33:45.360
<v Guy Turnbull>And we've got a number of laws in the UK that now favour tax and otherwise the establishment and running of corporate business.

710
00:33:45.720 --> 00:33:54.320
<v Guy Turnbull>So for example, the property that I gave, or we gave the workforce, was tax free.

711
00:33:54.940 --> 00:33:57.980
<v Guy Turnbull>So we were on a special trust.

712
00:33:59.900 --> 00:34:04.020
<v Guy Turnbull>And when you're earning 15 bucks an hour,

713
00:34:04.020 --> 00:34:08.860
<v Guy Turnbull>that tax free business at the end, that means an end of the law.

714
00:34:11.260 --> 00:34:19.200
<v Guy Turnbull>And one of the co-operative principles is the czarly to co-operate.

715
00:34:19.860 --> 00:34:23.820
<v Guy Turnbull>So to co-operate with other co-operators.

716
00:34:24.100 --> 00:34:30.220
<v Guy Turnbull>So there's a whole heap of other co-ops who would gladly come and help.

717
00:34:30.720 --> 00:34:34.000
<v Guy Turnbull>But maybe we need to create some kind of a system.

718
00:34:34.000 --> 00:34:39.240
<v Guy Turnbull>And we need to have a sectoral, independent body to help do that.

719
00:34:39.280 --> 00:34:40.300
<v Guy Turnbull>Things that happen alone.

720
00:34:40.820 --> 00:34:46.220
<v Guy Turnbull>So I suppose that's my answer to the Adelaide Festival vibe is,

721
00:34:46.360 --> 00:34:49.460
<v Guy Turnbull>things at will, we should all be at will.

722
00:34:49.980 --> 00:34:51.080
<v Guy Turnbull>That's the answer.

723
00:34:51.560 --> 00:34:52.660
<v Guy Turnbull>Thank you very much.

724
00:35:04.000 --> 00:35:05.820
<v Chair>Thank you for all the good presentations and the much as I did.

725
00:35:06.180 --> 00:35:07.720
<v Chair>So we have some time for questions now.

726
00:35:07.900 --> 00:35:10.740
<v Chair>They are questions, so please keep them brief and to the point.

727
00:35:10.900 --> 00:35:12.080
<v Chair>And not make statements.

728
00:35:12.560 --> 00:35:13.960
<v Chair>We've got some microphones in the background.

729
00:35:14.960 --> 00:35:17.400
<v Chair>I was just wondering, before we take questions,

730
00:35:17.560 --> 00:35:19.800
<v Chair>I thought it might be worthwhile just doing an exercise here.

731
00:35:19.880 --> 00:35:25.280
<v Chair>This whole idea that there are eight members in this room that are a member of a co-operative.

732
00:35:25.460 --> 00:35:27.940
<v Chair>I just thought you might give us a second.

733
00:35:28.040 --> 00:35:28.840
<v Chair>We might try that out.

734
00:35:28.960 --> 00:35:32.920
<v Chair>So if you're a member of a co-operative, when I read it out, will you stand up?

735
00:35:32.920 --> 00:35:35.140
<v Chair>So who's a member of the Barossa co-operative in the room?

736
00:35:35.280 --> 00:35:35.600
<v Chair>Got anyone?

737
00:35:35.920 --> 00:35:36.880
<v Chair>Got at least one.

738
00:35:37.000 --> 00:35:37.260
<v Chair>There you go.

739
00:35:37.380 --> 00:35:38.420
<v Chair>There's always one, two, three.

740
00:35:38.840 --> 00:35:39.240
<v Chair>Yep.

741
00:35:39.340 --> 00:35:39.820
<v Chair>Stand up.

742
00:35:39.920 --> 00:35:42.780
<v Chair>And please stay standing up when I call out what these co-operatives are.

743
00:35:43.000 --> 00:35:45.260
<v Chair>The goal here is to get as many people standing as possible.

744
00:35:45.540 --> 00:35:47.740
<v Chair>Who's a member of that South Australian Housing co-operative?

745
00:35:47.780 --> 00:35:50.340
<v Chair>Or is involved in any of the housing co-operatives in South Australia?

746
00:35:50.840 --> 00:35:51.840
<v Chair>A couple of them are.

747
00:35:52.420 --> 00:35:55.160
<v Chair>What about South Australian Hairdressing co-operative?

748
00:35:56.280 --> 00:35:57.700
<v Chair>That's an interesting one we've got here.

749
00:35:58.160 --> 00:36:00.600
<v Chair>What if you're a part of a health fund that's a co-operative?

750
00:36:00.660 --> 00:36:02.660
<v Chair>So health partners or HCM or...

751
00:36:02.660 --> 00:36:02.900
<v Chair>Health partners.

752
00:36:02.920 --> 00:36:03.700
<v Chair>Yeah, stand up.

753
00:36:03.980 --> 00:36:04.960
<v Chair>Got a few more here.

754
00:36:05.500 --> 00:36:07.740
<v Chair>What if you're one of the banking co-operatives?

755
00:36:07.820 --> 00:36:10.240
<v Chair>So People's Choice Credit in Beyond Bank.

756
00:36:10.620 --> 00:36:11.560
<v Chair>Those sorts of things.

757
00:36:12.120 --> 00:36:12.520
<v Chair>Yeah?

758
00:36:12.920 --> 00:36:13.820
<v Chair>Getting a few more.

759
00:36:14.820 --> 00:36:19.800
<v Chair>What if you're one of the Broads such as the RAA or the International South Australian RMA?

760
00:36:22.220 --> 00:36:23.440
<v Chair>They've got a few more up there.

761
00:36:25.280 --> 00:36:27.700
<v Chair>Any other co-operatives I haven't mentioned that anyone think of?

762
00:36:27.880 --> 00:36:28.680
<v Chair>You've made a part of?

763
00:36:29.280 --> 00:36:31.560
<v Chair>And what about if you're on the Indian Industry Super Fund?

764
00:36:32.100 --> 00:36:32.840
<v Chair>You are next.

765
00:36:33.300 --> 00:36:33.700
<v Chair>Yeah?

766
00:36:33.840 --> 00:36:34.620
<v Chair>Stand up to it.

767
00:36:34.740 --> 00:36:35.420
<v Chair>You're on one of those.

768
00:36:35.700 --> 00:36:38.520
<v Chair>So I think we've got more than 80% of the room standing up.

769
00:36:38.600 --> 00:36:40.560
<v Chair>So I think that shows where we're at.

770
00:36:41.060 --> 00:36:42.020
<v Chair>Thank you very much.

771
00:36:42.100 --> 00:36:43.360
<v Chair>That got you an exercise as well.

772
00:36:43.560 --> 00:36:44.280
<v Chair>Thank you, Jeremy.

773
00:36:44.680 --> 00:36:45.240
<v Chair>All right.

774
00:36:46.700 --> 00:36:47.340
<v Chair>So questions?

775
00:36:49.940 --> 00:36:51.580
<v Speaker 1>Hi, my name is Gordon.

776
00:36:53.200 --> 00:36:54.000
<v Speaker 1>I'm investigating...

777
00:36:54.000 --> 00:36:56.880
<v Speaker 1>I've got to do this thing with the lady this year, but we're all here.

778
00:36:57.860 --> 00:37:01.060
<v Speaker 1>I'm investigating turning my business into a workers' co-op.

779
00:37:01.420 --> 00:37:02.020
<v Guy Turnbull>Well done.

780
00:37:02.160 --> 00:37:02.520
<v Speaker 1>Can...

781
00:37:02.520 --> 00:37:02.900
<v Speaker 1>Can you...

782
00:37:04.460 --> 00:37:05.540
<v Speaker 1>Oh, it's mine.

783
00:37:05.540 --> 00:37:06.040
<v Speaker 1>Oh, it's mine.

784
00:37:06.040 --> 00:37:06.760
<v Speaker 1>Oh, it's mine.

785
00:37:06.760 --> 00:37:07.120
<v Speaker 1>Oh, it's mine.

786
00:37:07.120 --> 00:37:07.240
<v Speaker 1>Oh, it's mine.

787
00:37:07.340 --> 00:37:07.440
<v Speaker 1>Oh, it's mine.

788
00:37:07.440 --> 00:37:07.480
<v Speaker 1>Oh, it's mine.

789
00:37:07.480 --> 00:37:07.760
<v Speaker 1>Oh, it's mine.

790
00:37:07.940 --> 00:37:08.740
<v Speaker 1>Oh, it's mine.

791
00:37:08.740 --> 00:37:09.620
<v Speaker 1>Oh, it's mine.

792
00:37:09.620 --> 00:37:11.760
<v Speaker 1>Oh, it's mine.

793
00:37:11.800 --> 00:37:18.260
<v Speaker 1>Oh, it's mine.

794
00:37:18.380 --> 00:37:19.180
<v Chair>Oh, it's mine.

795
00:37:20.160 --> 00:37:21.260
<v Speaker 1>Oh, it's mine.

796
00:37:21.400 --> 00:37:21.940
<v Speaker 1>Oh, it's mine.

797
00:37:22.300 --> 00:37:22.840
<v Chair>Oh, it's mine.

798
00:37:22.840 --> 00:37:23.100
<v Chair>Oh, it's mine.

799
00:37:23.220 --> 00:37:23.260
<v Chair>Oh, it's mine.

800
00:37:23.260 --> 00:37:23.320
<v Chair>Oh, it's mine.

801
00:37:23.680 --> 00:37:24.300
<v Chair>Oh, it's mine.

802
00:37:24.300 --> 00:37:24.780
<v Speaker 1>Oh, it's mine.

803
00:37:24.960 --> 00:37:26.300
<v Speaker 1>Oh, it's mine.

804
00:37:26.300 --> 00:37:26.940
<v Speaker 1>Oh, it's mine.

805
00:37:27.060 --> 00:37:28.380
<v Speaker 1>Oh, it's mine.

806
00:37:28.560 --> 00:37:29.320
<v Speaker 1>Oh, it's mine.

807
00:37:30.080 --> 00:37:31.500
<v Guy Turnbull>Oh, it's mine.

808
00:37:32.900 --> 00:37:38.780
<v Guy Turnbull>business council, which I've given you a set of tools to start looking at it,

809
00:37:39.640 --> 00:37:48.020
<v Guy Turnbull>making the right kind of legal advice to, bizarrely I'm not an expert,

810
00:37:48.180 --> 00:37:56.680
<v Guy Turnbull>so if it was in the UK, there's several very straightforward ways you would do it.

811
00:37:56.680 --> 00:38:01.840
<v Guy Turnbull>But I think what I would do first as a consultant, I'm not selling myself here,

812
00:38:02.960 --> 00:38:08.800
<v Guy Turnbull>is you've got to align co-op service legal structures.

813
00:38:09.220 --> 00:38:13.220
<v Guy Turnbull>It's not just about giving people a share.

814
00:38:13.520 --> 00:38:21.980
<v Guy Turnbull>It's about getting the social purpose and the ownership linked to give you a competitive advantage.

815
00:38:22.740 --> 00:38:25.260
<v Guy Turnbull>So that goes back to our theory of change.

816
00:38:25.880 --> 00:38:26.660
<v Guy Turnbull>Engage in the process.

817
00:38:26.680 --> 00:38:29.220
<v Guy Turnbull>Engage the employees to deliver better care.

818
00:38:29.540 --> 00:38:31.680
<v Guy Turnbull>They also deliver better businesses.

819
00:38:31.760 --> 00:38:35.420
<v Guy Turnbull>So I've formed a business plan to three critical numbers.

820
00:38:35.720 --> 00:38:39.800
<v Guy Turnbull>So everybody knew what made the business good.

821
00:38:40.100 --> 00:38:45.060
<v Guy Turnbull>So they could align their behaviour every day to make the business better.

822
00:38:46.580 --> 00:38:53.360
<v Guy Turnbull>And then we created a dashboard so they knew what indicated the nudge in their behaviour.

823
00:38:53.780 --> 00:38:55.520
<v Guy Turnbull>And then it reported.

824
00:38:55.520 --> 00:38:56.660
<v Guy Turnbull>We shared a third page.

825
00:38:56.680 --> 00:39:13.080
<v Guy Turnbull>F

826
00:39:13.080 --> 00:39:14.580
<v Speaker 1>I think that answers the question that I asked.

827
00:39:14.720 --> 00:39:15.220
<v Speaker 1>Thank you.

828
00:39:15.440 --> 00:39:16.180
<v Speaker 4>Right, okay.

829
00:39:17.780 --> 00:39:19.220
<v Speaker 4>Thanks for your presentation.

830
00:39:19.660 --> 00:39:24.020
<v Speaker 4>As you were talking about cooperation and the benefits that come from cooperation,

831
00:39:24.480 --> 00:39:30.120
<v Speaker 4>of course the external environment isn't always, isn't always held back.

832
00:39:30.440 --> 00:39:35.200
<v Speaker 4>And I was thinking of one of the things that governments do in the UK and here

833
00:39:35.200 --> 00:39:39.820
<v Speaker 4>is that they contract out and they model the contracting out of the course of competitive one.

834
00:39:39.820 --> 00:39:45.680
<v Speaker 4>So, I mean, that's a potentially good thing, it's not a potentially bad thing.

835
00:39:45.920 --> 00:39:53.780
<v Speaker 4>And so I wanted to see, I get some reflection from you on that, on the ways in which that can,

836
00:39:53.840 --> 00:40:00.340
<v Speaker 4>for instance, push two co-ops into competition with each other because they will leech their

837
00:40:00.340 --> 00:40:02.880
<v Speaker 4>media for the same money, for instance.

838
00:40:03.740 --> 00:40:09.100
<v Speaker 4>And just ask you, you know, in this, you presented us with a picture of how,

839
00:40:09.820 --> 00:40:13.620
<v Speaker 4>you know, collaboration is a very, very important and valuable thing.

840
00:40:13.700 --> 00:40:16.960
<v Speaker 4>I don't think there are too many people in this audience who would disagree with that.

841
00:40:18.780 --> 00:40:22.020
<v Speaker 4>Competition can also be a beneficial thing.

842
00:40:22.240 --> 00:40:26.600
<v Speaker 4>And I wanted to ask you to reflect on where it might be most beneficial,

843
00:40:26.800 --> 00:40:29.120
<v Speaker 4>where it's most destructive, et cetera, et cetera.

844
00:40:30.120 --> 00:40:30.600
<v Guy Turnbull>Okay.

845
00:40:31.400 --> 00:40:33.580
<v Guy Turnbull>There were a number of questions there.

846
00:40:33.680 --> 00:40:36.120
<v Guy Turnbull>I'll put an answer to all three of them.

847
00:40:36.360 --> 00:40:38.460
<v Guy Turnbull>I agree with you, competition is really good.

848
00:40:38.620 --> 00:40:39.800
<v Guy Turnbull>And the most important thing is that, you know,

849
00:40:39.820 --> 00:40:42.200
<v Guy Turnbull>I think it's competition for labour, actually.

850
00:40:42.760 --> 00:40:50.520
<v Guy Turnbull>So the government outsourced homicidal re-care and we competitively tendered

851
00:40:50.520 --> 00:40:55.840
<v Guy Turnbull>and beat the private sector fairly and squarely on those tenders.

852
00:40:56.060 --> 00:41:01.160
<v Guy Turnbull>And then our meets had these large multinationals in some meetings.

853
00:41:01.520 --> 00:41:04.660
<v Guy Turnbull>And they said, go away, stop stealing our staff.

854
00:41:05.160 --> 00:41:07.420
<v Guy Turnbull>And I'd say, well, pay your staff better.

855
00:41:09.760 --> 00:41:13.780
<v Guy Turnbull>And actually by contracting with an ethical business,

856
00:41:14.040 --> 00:41:15.740
<v Guy Turnbull>you actually start raising the bar.

857
00:41:16.520 --> 00:41:17.200
<v Guy Turnbull>Okay.

858
00:41:17.340 --> 00:41:20.780
<v Guy Turnbull>And it's not competition just with other co-ops.

859
00:41:20.940 --> 00:41:23.360
<v Guy Turnbull>It's competition in that space.

860
00:41:24.020 --> 00:41:24.440
<v Guy Turnbull>Okay.

861
00:41:24.600 --> 00:41:28.440
<v Guy Turnbull>But you do raise an important point that when we were,

862
00:41:28.640 --> 00:41:36.920
<v Guy Turnbull>one of the reasons we turned it from a federation into a single employee-owned business was that,

863
00:41:36.920 --> 00:41:43.600
<v Guy Turnbull>Southern Cross, a huge provider, would bust in the UK causing carnage.

864
00:41:43.880 --> 00:41:48.620
<v Guy Turnbull>And after that, government would only contract with strong balance sheets.

865
00:41:48.700 --> 00:41:52.140
<v Guy Turnbull>So we had to consolidate what we had into one.

866
00:41:52.660 --> 00:41:53.940
<v Guy Turnbull>Was there one other?

867
00:41:54.980 --> 00:41:56.140
<v Speaker 4>No, that's fine.

868
00:41:56.320 --> 00:42:01.200
<v Speaker 4>The best things about Australia were built on scarce labour, beating up labour,

869
00:42:01.360 --> 00:42:03.580
<v Speaker 4>and putting labour in a strong position.

870
00:42:04.220 --> 00:42:04.920
<v Speaker 4>Good day.

871
00:42:04.980 --> 00:42:06.020
<v Speaker 4>I think we've got a question standing.

872
00:42:07.940 --> 00:42:09.900
<v Speaker 4>Thank you very much.

873
00:42:09.980 --> 00:42:19.180
<v Speaker 1>I'm wondering whether any of the cooperatives that you know about engage volunteers as well as staff,

874
00:42:19.500 --> 00:42:23.440
<v Speaker 1>and yet so not the proxy for the volunteers.

875
00:42:23.620 --> 00:42:25.680
<v Speaker 1>It's just competition for volunteers too.

876
00:42:27.200 --> 00:42:32.980
<v Guy Turnbull>Some co-ops and some care organisations do involve volunteers.

877
00:42:33.200 --> 00:42:36.000
<v Guy Turnbull>My own co-op didn't take a part.

878
00:42:36.000 --> 00:42:41.280
<v Guy Turnbull>They did a policy decision not to on the basis of giving care to the valued career.

879
00:42:41.680 --> 00:42:50.860
<v Guy Turnbull>What we did do was do pre-employment work with young people and people excluded from the labour market

880
00:42:50.860 --> 00:42:58.280
<v Guy Turnbull>to bring them through a journey until they could actually do the training work as a support worker.

881
00:42:58.540 --> 00:43:05.700
<v Guy Turnbull>But there's no problem within a legal structure to give votes.

882
00:43:05.700 --> 00:43:08.020
<v Guy Turnbull>It's to vote volunteers and workers.

883
00:43:09.000 --> 00:43:13.440
<v Guy Turnbull>What you need to think about, though, is economic participation.

884
00:43:14.000 --> 00:43:24.140
<v Guy Turnbull>And should volunteers have the same right to vote on something which would impact on the livelihoods of workforce,

885
00:43:24.420 --> 00:43:26.140
<v Guy Turnbull>to bring out children, for example.

886
00:43:30.420 --> 00:43:32.260
<v Speaker 1>I just have to ask.

887
00:43:32.440 --> 00:43:35.560
<v Speaker 1>Why did those 1,000 people leave for Amazon?

888
00:43:36.940 --> 00:43:38.580
<v Guy Turnbull>For dollars an hour.

889
00:43:41.440 --> 00:43:45.360
<v Guy Turnbull>And, this really, really, really, really did piss me off,

890
00:43:45.580 --> 00:43:52.180
<v Guy Turnbull>is the same government that was paying us crap incentivised Amazon to come in.

891
00:43:54.180 --> 00:44:00.100
<v Guy Turnbull>So I've spent two years wasting hundreds of thousands of pounds nurturing and building a business.

892
00:44:00.440 --> 00:44:02.060
<v Guy Turnbull>I need to lose it like that.

893
00:44:02.840 --> 00:44:03.480
<v Guy Turnbull>Thank you.

894
00:44:10.740 --> 00:44:10.780
<v Chair>F

895
00:44:35.560 --> 00:44:41.840
<v Guy Turnbull>And we decided to set CASRA up to fight against the multinationals.

896
00:44:42.500 --> 00:44:50.560
<v Guy Turnbull>It's important to remember that the core movement does go back to struggle and political change.

897
00:44:50.860 --> 00:44:57.060
<v Guy Turnbull>It is seriously about actually an alternative way of thinking about economics.

898
00:44:57.460 --> 00:45:02.640
<v Guy Turnbull>And we decided that we're going to change the way we...

899
00:45:02.640 --> 00:45:08.260
<v Guy Turnbull>You see, I don't believe you should privately profit from this militancy.

900
00:45:08.940 --> 00:45:11.240
<v Guy Turnbull>That is my genuine thought.

901
00:45:12.140 --> 00:45:15.160
<v Guy Turnbull>So we said our CASRA to give them a bloody nose.

902
00:45:16.000 --> 00:45:20.260
<v Guy Turnbull>And so we almost had broken the mind.

903
00:45:21.360 --> 00:45:27.780
<v Guy Turnbull>So lesson number one is think very carefully about your footprint.

904
00:45:28.100 --> 00:45:30.260
<v Guy Turnbull>What you go into and what you don't.

905
00:45:30.460 --> 00:45:30.940
<v Guy Turnbull>And...

906
00:45:30.940 --> 00:45:38.300
<v Guy Turnbull>Because, as I said earlier, my PhD is in geography, not business.

907
00:45:38.680 --> 00:45:40.600
<v Guy Turnbull>So I knew where my priorities were.

908
00:45:43.120 --> 00:45:49.140
<v Guy Turnbull>And actually it wasn't until 2010 we got some venture capital type money.

909
00:45:49.400 --> 00:45:52.520
<v Guy Turnbull>And they brought in some new tools.

910
00:45:53.500 --> 00:45:59.280
<v Guy Turnbull>And it was about working out which territories were best to go into.

911
00:45:59.660 --> 00:46:00.780
<v Guy Turnbull>And innovation.

912
00:46:00.940 --> 00:46:06.780
<v Guy Turnbull>And I think about 2007 I went into one area which was always never going to work.

913
00:46:07.180 --> 00:46:10.260
<v Guy Turnbull>And we lost money and made some mistakes.

914
00:46:10.560 --> 00:46:11.600
<v Guy Turnbull>So that's lesson number one.

915
00:46:11.760 --> 00:46:12.860
<v Guy Turnbull>Lesson number two.

916
00:46:13.020 --> 00:46:14.340
<v Guy Turnbull>Choose the right people.

917
00:46:15.560 --> 00:46:17.120
<v Guy Turnbull>Business is about people.

918
00:46:17.180 --> 00:46:18.460
<v Guy Turnbull>It's not about legal structures.

919
00:46:19.360 --> 00:46:20.520
<v Guy Turnbull>It's about people.

920
00:46:20.780 --> 00:46:22.480
<v Guy Turnbull>So choose the right people.

921
00:46:22.620 --> 00:46:24.280
<v Guy Turnbull>Get entrepreneurial people.

922
00:46:24.520 --> 00:46:26.180
<v Guy Turnbull>And get them into the right position.

923
00:46:26.640 --> 00:46:28.460
<v Guy Turnbull>And thirdly it's about systems.

924
00:46:29.380 --> 00:46:30.920
<v Guy Turnbull>It's about getting them out there.

925
00:46:30.920 --> 00:46:32.780
<v Guy Turnbull>Get the right communication.

926
00:46:33.780 --> 00:46:36.880
<v Guy Turnbull>Make sure everybody understands the business.

927
00:46:37.560 --> 00:46:39.860
<v Guy Turnbull>And can participate in it.

928
00:46:41.740 --> 00:46:42.860
<v Chair>Craig, just in here.

929
00:46:43.240 --> 00:46:44.000
<v Chair>Just here.

930
00:46:44.660 --> 00:46:46.240
<v Chair>Guy, I'm interested in...

931
00:46:47.260 --> 00:46:51.020
<v Chair>You were talking earlier about the business rules and keeping them simple.

932
00:46:51.420 --> 00:46:54.920
<v Chair>And I'm wondering how you use those business rules right now.

933
00:46:54.960 --> 00:46:57.840
<v Chair>And in particular around decision making processes.

934
00:46:58.220 --> 00:46:58.480
<v Chair>Okay.

935
00:46:58.580 --> 00:47:00.900
<v Chair>Where particularly you have a thousand business rules.

936
00:47:00.920 --> 00:47:02.500
<v Chair>And how many of those members make up your call?

937
00:47:03.720 --> 00:47:04.360
<v Guy Turnbull>Okay.

938
00:47:04.500 --> 00:47:06.940
<v Guy Turnbull>So two questions there.

939
00:47:06.980 --> 00:47:07.660
<v Guy Turnbull>Business rules.

940
00:47:08.920 --> 00:47:09.980
<v Guy Turnbull>There are only...

941
00:47:09.980 --> 00:47:10.760
<v Guy Turnbull>How long did it go?

942
00:47:12.840 --> 00:47:15.580
<v Guy Turnbull>There are only four levers in the business.

943
00:47:15.980 --> 00:47:16.380
<v Guy Turnbull>Okay.

944
00:47:16.600 --> 00:47:20.860
<v Guy Turnbull>Don't let the big accountancy firms turn you up.

945
00:47:21.340 --> 00:47:25.580
<v Guy Turnbull>And I see it as a sitting box.

946
00:47:25.960 --> 00:47:27.300
<v Guy Turnbull>So there's only four.

947
00:47:27.600 --> 00:47:30.380
<v Guy Turnbull>And one's volume.

948
00:47:30.380 --> 00:47:31.220
<v Guy Turnbull>Okay.

949
00:47:31.560 --> 00:47:32.820
<v Guy Turnbull>And what you sell is simple.

950
00:47:33.340 --> 00:47:34.340
<v Guy Turnbull>One's price.

951
00:47:34.940 --> 00:47:36.300
<v Guy Turnbull>And what you charge.

952
00:47:36.800 --> 00:47:40.100
<v Guy Turnbull>One's your direct cost of production.

953
00:47:40.980 --> 00:47:45.760
<v Guy Turnbull>Which is in Kaz's case the cost of the carer.

954
00:47:46.100 --> 00:47:49.980
<v Guy Turnbull>And then the fourth one is indirect cost and fixed cost.

955
00:47:50.200 --> 00:47:51.860
<v Guy Turnbull>The office staff, the...

956
00:47:52.380 --> 00:47:58.180
<v Guy Turnbull>And you can change the profitability of the business.

957
00:47:58.300 --> 00:47:58.660
<v Guy Turnbull>But...

958
00:48:00.380 --> 00:48:05.000
<v Guy Turnbull>The only way you can change the profitability is by moving one or more of those levers.

959
00:48:05.620 --> 00:48:16.000
<v Guy Turnbull>And actually in the last couple of years I went into one of our projects and somebody in the office had got drunk and fallen against the levers in a completely wrong way.

960
00:48:18.820 --> 00:48:19.380
<v Guy Turnbull>So...

961
00:48:21.160 --> 00:48:21.720
<v Guy Turnbull>So...

962
00:48:25.740 --> 00:48:26.300
<v Guy Turnbull>So...

963
00:48:26.300 --> 00:48:28.740
<v Guy Turnbull>And once everybody understands that...

964
00:48:28.740 --> 00:48:29.800
<v Guy Turnbull>And actually in care...

965
00:48:30.380 --> 00:48:33.440
<v Guy Turnbull>We can't control price really because that's fixed by government.

966
00:48:34.380 --> 00:48:39.880
<v Guy Turnbull>And because of the war we can't really do much about direct cost.

967
00:48:40.040 --> 00:48:45.940
<v Guy Turnbull>And the only thing you've got control over is volume and how much you spend on overhead.

968
00:48:46.740 --> 00:48:49.060
<v Guy Turnbull>So we have really efficient offices.

969
00:48:49.380 --> 00:48:50.840
<v Guy Turnbull>They're well-tuned with staff.

970
00:48:51.420 --> 00:48:53.280
<v Guy Turnbull>Really tightly controlled.

971
00:48:53.800 --> 00:48:55.800
<v Guy Turnbull>And all of our work...

972
00:48:55.800 --> 00:48:57.240
<v Guy Turnbull>Because there's a pipeline.

973
00:48:57.240 --> 00:48:59.780
<v Guy Turnbull>You can't just turn down a care worker.

974
00:49:00.380 --> 00:49:01.140
<v Guy Turnbull>You can't.

975
00:49:01.860 --> 00:49:05.040
<v Guy Turnbull>You know, I've spent the next six months to give this a free...

976
00:49:05.040 --> 00:49:07.360
<v Guy Turnbull>We gave somebody a free week's bath.

977
00:49:08.100 --> 00:49:08.660
<v Guy Turnbull>So...

978
00:49:08.660 --> 00:49:10.140
<v Guy Turnbull>So having a dashboard...

979
00:49:10.140 --> 00:49:12.240
<v Guy Turnbull>So what we want to know is that...

980
00:49:12.240 --> 00:49:14.420
<v Guy Turnbull>If we short the staff...

981
00:49:14.420 --> 00:49:16.680
<v Guy Turnbull>They're going to have to pick up more shifts.

982
00:49:17.240 --> 00:49:19.080
<v Guy Turnbull>So we can grow the volume.

983
00:49:19.380 --> 00:49:20.660
<v Guy Turnbull>Grow the profitability.

984
00:49:21.580 --> 00:49:23.300
<v Guy Turnbull>And then if the...

985
00:49:23.300 --> 00:49:26.020
<v Guy Turnbull>And we have a little oil pressure gauge.

986
00:49:26.500 --> 00:49:27.220
<v Guy Turnbull>Which is a little bit more efficient.

987
00:49:27.220 --> 00:49:28.040
<v Guy Turnbull>And then if it went into the red.

988
00:49:29.220 --> 00:49:31.380
<v Guy Turnbull>And if it didn't come out of the red...

989
00:49:31.380 --> 00:49:33.960
<v Guy Turnbull>They could hog their manager to a can.

990
00:49:34.200 --> 00:49:36.660
<v Guy Turnbull>So why are you working like a slave?

991
00:49:37.080 --> 00:49:39.120
<v Guy Turnbull>Why aren't you recruiting more staff?

992
00:49:40.060 --> 00:49:41.280
<v Guy Turnbull>In terms of...

993
00:49:41.980 --> 00:49:44.260
<v Guy Turnbull>Having a thousand owners...

994
00:49:44.260 --> 00:49:45.560
<v Guy Turnbull>Being careful to...

995
00:49:45.560 --> 00:49:47.940
<v Guy Turnbull>I'll show you the scars after the...

996
00:49:51.400 --> 00:49:53.220
<v Guy Turnbull>One of the scariest...

997
00:49:54.320 --> 00:49:56.960
<v Guy Turnbull>Do you have a program called Shameless?

998
00:49:56.960 --> 00:49:57.200
<v Guy Turnbull>Shameless.

999
00:49:57.220 --> 00:49:58.760
<v Guy Turnbull>Over here.

1000
00:49:59.100 --> 00:50:00.400
<v Guy Turnbull>Very rough.

1001
00:50:00.500 --> 00:50:02.900
<v Guy Turnbull>One of my branches was...

1002
00:50:02.900 --> 00:50:04.580
<v Guy Turnbull>On the Adelsheim.

1003
00:50:05.560 --> 00:50:08.320
<v Guy Turnbull>A very tough place.

