Dancing with the Devil
Charles Scott and Rupert Merson explore the relationship between for-profit and not-for-profit organisations
Charles Scott, finance director, Age Concern:
It may surprise many that over 60 per cent of the newly merged Age Concern and Help the Aged’s income comes from commercial operations. We have the third largest chain of charity shops in the UK and a significant enterprise operation selling, for example, insurance, energy, training and personal alarm products, with the aim of addressing market weaknesses for older people and generating profits to invest back into the charity.
Author: Rupert Merson
Rupert Merson is a partner at BDO Stoy Hayward and a fellow of London Business School. He advises clients on organisational effectiveness and governance.
Author: Charles Scott
Charles Scott is the finance director of Help the Aged.
He has an MBA from Cranfield University, and is a trustee of the Cranfield Trust.
He is also chair of his local church's finance group, is an FCA and is a Fellow of the Royal Society of Arts.
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