Prospects congratulates 3BM on being highly commended in the Baxendale awards
3BM, the education support services mutual, was highly commended in the Public Service Mutual of the Year category of the Baxendale awards yesterday (Tuesday 18 November 2014).
Public Service Mutual of the Year Award, endorsed by the Cabinet Office, celebrates groups of employees which have 'spun out' of the public sector into an employee-led mutual organisation and are showing progress in transforming the service to improve outcomes for their users.
3BM is the first employee led mutual joint venture to spin-out from local government. Prospects is the partner in the joint venture. The pioneering new model for delivering better and more cost-effective services to the public combines the experience and local knowledge of council staff with a private sector business ethic. 3BM delivers services such as financial management, IT and building development to schools allowing them to focus on education.
Andy Rennison, Managing Director of 3BM, said:
“We are delighted to have been awarded Highly Commended in this key category. Since becoming a mutual our customers have continued to receive excellent service – it’s one of the things they comment on and appreciate. However for colleagues, the change has meant they feel empowered and understand the important role they play in determining the future of our organisation. We are proud to be a mutual and fly the flag for employee ownership.”
Vincent McDonnell, Managing Director of Prospects, said:
“It’s fantastic to see 3BM being highly commended for their hard work since ‘spinning out’. In the first year of operation, they have already achieved so much; the business has grown and gained new customers. They greatly deserve this recognition and praise. We look forward supporting 3BM as they continue to develop.”
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Notes to Editor
About The Philip Baxendale Awards
The Philip Baxendale Awards are the UK’s only dedicated celebration of excellence in employee ownership and are now in their eight year. Named after Philip Baxendale, a pioneer for the employee-owned movement, the awards provide a platform for celebrating what is increasingly recognised as a better way of doing business.
For more information please visit: http://baxendale.co.uk/awards/
3BM is the first ever mutual joint venture to spin out of local government. The business is owned by a partnership between the employees (who are the majority owners) and Prospects, the education, training and employment company. 3BM brings together very experienced staff from three high performing London Local Authorities, the London Borough of Hammersmith and Fulham, the Royal Borough of Kensington and Chelsea and the City of Westminster. They provide specialist support services to schools and strategic services to both public and private sector organisations, including: Finance, ICT, Buildings, Management Systems and computing curriculum. The Mutual is building on the best of the former public sector knowledge, expertise, experience and ethos, combined with the empowerment of employee ownership and the flexibility and efficiencies available in the private sector.
For more information please visit: www.3bm.co.uk/
The Prospects Group is a dynamic and enterprising organisation providing a wide range of education, employment and training services in the UK and internationally. At the heart of what we do is the drive to improve the life chances, skills and aspirations of everyone we support. Each year we touch the lives of more than a million people through our extensive range of high quality services.
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