Crossing The Threshold
Kate Emery,
CEO of The Walker Group and
Founder of reSET Social Enterprise Trust
Yesterday we opened our new social enterprise incubator and co-working space to 60 community friends. Upon seeing the space full of people, energy, and ideas, I realized we had crossed the threshold from vision to reality.
Fifteen years ago, it began as a question. My technology services company The Walker Group, was strong and growing. But something about “business as usual” was bothering me.
I could see that a single-minded focus on the bottom line was taking us down a dark and dangerous road – environmentally, economically, and spiritually – and I started wondering what a business that wasn’t totally focused on profits would look like.
Why not have a business that declared up front that it is about making a positive difference in the world? At first this vision was fuzzy – it was more of a dream. But the dream served as a compass that put me on the path I needed to be on and kept me walking in the right direction. And as I walked, it transformed me, and a clear vision of what my company could look like emerged.
Ten years ago, as a result of this vision, I transformed my company. I turned my traditional technology services firm into a social enterprise. We completely restructured – increased transparencies and participative governance, decreased potential egregious discrepancies in pay, and restructured distribution of profits with one-third to employees, one-third to the community, and one-third to shareholders.
Five years ago, I founded reSET Social Enterprise Trust, a nonprofit dedicated to promoting social enterprise and to helping entrepreneurs leverage the power of business to create public good. To ensure that my technology company’s social enterprise structure would be protected in perpetuity, I donated preferred shares to reSET.
Three years ago, we sponsored a conference attended by over 200 people who wanted to learn about social enterprise. We talked about making Connecticut a hub of social enterprise. Over 70 people attended a follow-up meeting to figure out how to make that happen, and momentum began to build. In addition to advocacy and education, we decided that tangible support was needed. One important component would be an incubator that provides space and services for new social entrepreneurs.
One year ago, we received funding from the state of CT to support our vision, Nobel Peace Prize recipient Muhammad Yunus and I were invited to speak about the future of social enterprise, and we hired much needed additional staff.
Last week, we celebrated the officially opening of the reSET Social Enterprise Incubator and Community Co-working Space.
Is vision relevant today?
Without that initial “question turned dream turned compass turned vision,” none of this would have come to pass.
Today more than ever, with seismic changes happening ever more frequently all around us, vision is critical. My own personal experience has taught me that vision allows us to rest in the uncertainty of chaos and move forward in a meaningful way.
Vision allows us to pivot, dodge, and even to retreat, knowing that all of these actions can ultimately lead to progress if we know where we’re headed. Without vision, detours and distractions become destiny.
Kate Emery is founder and CEO of The Walker Group, a Technology Services Firm she started over 20 years ago. In 2007 she completely restructured Walker as a Social Enterprise. Kate is also the founder of reSET Social Enterprise Trust whose mission is to promote, preserve, and protect Social Enterprise. reSET is actively working to make Connecticut a hub of Social Enterprise, through legislative efforts and the creation of a social enterprise incubator that provides space and resources to social entrepreneurs. She also started a social enterprise investment fund to provide seed capital to new and expanding social enterprise.
Wow! A colleague and I recently formed a collaborative training business (Betternxt Academy) with the intent of creating a learning community. We joined the Centre for Social Innovation in Toronto and will launch in the fall. Our vision is clear, but a) it’s largely in our heads, b) it doesn’t capture our passion. Your piece inspires me to go back and take another look at the vision and how/where we express it.
Alan –
I visited the Centre for Social Innovation in Toronto last summer – what a great place and so full of energy. Very much what we want to create here. Good luck with your venture – sounds like you’re clear in your head but that’s not necessarily connected to your heart. My guess is that if you put that intention out there it will become clear. Glad to be part of your journey – let me know if I can help in any other way.
OK, I want to join! Truly, Kate, you are on the frontier of where I believe we must go: business realizing that for this planet and people to survive and thrive, we cannot depend upon politicians but must use our enterprise to do good AND to do well. If you haven’t read Simon Mainwaring’s book: WE FIRST,go get it. It’s all about consumers switching their buying habits for companies that realize a very different model of profit–namely people and planet.
Thanks for your thoughts. Now start one in Southern California!
Eileen – Glad to have you on board. And you are right. Not only have we met the enemy and it is us, we have met the leaders to this new frontier and they are us. There is no time to waste and no one to wait for. How about you start up a chapter there? With help there’s no reason we can’t spread the vision. Let me know how I can help!
I’ll check out WE FIRST – thank you.
Hi Kate
I loved the power of your story and the transformational steps you took! It echoes in many ways the past two years of my work with young people to realise their own community benefit society and to see it come to fruition!
What most impressed me, other than your focus on social enterprise, was the stunning simplicity of your vision ~ making a positive difference in the world; how the process worked out ~ “question turned dream turned compass turned vision,” ~ and how you used it pivot, dodge and even retreat! I am sure there was way more to it than that, although that for me is the beauty of a compelling vision ~ it is a living entity, not just words on paper! It will move, change and adapt and this is no bad thing!
It is also an iterative process – reviewing, refining and making the positive elements clearer and bolder! This way the vision for me becomes more compelling, while at the same time you build critical mass to support your direction and action. It sounds to me like you are building up a great head of steam there in Connecticut and I wish you more power to your elbow!