oboloo

oboloo Articles

What is a Third Sector Organisation (Tso)? Definition

oboloo Articles

What is a Third Sector Organisation (Tso)? Definition

What is a Third Sector Organisation (Tso)? Definition

A third sector organisation (TSO) is a type of organisation that is neither public nor private, but has characteristics of both. TSOs are usually non-profit or charitable organisations, but can also be for-profit businesses that reinvest their profits back into the organisation or the community. There are many different types of TSOs, such as charities, social enterprises, co-operatives and mutuals. TSOs often fill gaps in service provision that are not met by either the public or private sector. In the UK, TSOs are also sometimes referred to as ‘civil society organisations’ (CSOs).

What is the Third Sector?

The Third Sector is a term used to describe the range of activities undertaken by organizations that are neither public nor private sector in nature.

Third sector organizations include: charities, social enterprises, cooperatives, mutuals, community groups and voluntary organizations. They all have one thing in common: their primary purpose is something other than making a profit.

Third sector organizations play a vital role in society, providing services and support that the public and private sectors cannot or will not provide. They are often at the forefront of innovation and change, coming up with new ways to tackle social problems.

The third sector is a key part of the civil society landscape. It provides an important counterbalance to the power of the state and market forces. It is also a source of new ideas and energy, driving social progress.

What are the characteristics of a TSO?

There are a number of characteristics that are common to third sector organisations (TSOs). These include:

– being voluntary or not-for-profit;
– being controlled by their members;
– having a democratic structure;
– being inclusive and participatory;
– valuing diversity;
– being mission-driven rather than profit-motivated.

The benefits of being a TSO

There are many benefits to being a TSO. As a TSO, you are able to make a difference in your community and have a positive impact on the lives of others. You also have the opportunity to gain valuable skills and knowledge that can help you in your career. In addition, TSOs often offer flexible working arrangements and competitive salaries.

How to become a TSO

There is no one-size-fits-all answer to becoming a TSO, as the sector is composed of such a diverse range of organisations. However, there are some key steps you can take to become a TSO:

1. First, consider what type of organisation you would like to be involved with. There are many different types of TSOs, from small community groups to large national charities. Consider what type of organisation would best suit your skills and interests.

2. Once you have decided on the type of organisation you would like to work with, research organisations in your area that fall into this category. This research will help you to understand the different types of TSOs that exist and identify potential opportunities for involvement.

3. Get in touch with the organisations you are interested in and enquire about volunteering or working opportunities. Many TSOs rely heavily on volunteers to carry out their work, so this is a great way to get started in the sector.

4. If you are interested in working for a particular TSO on a paid basis, enquire about any vacancies or job openings that may be available. Many TSOs advertise vacancies on their websites or through job boards such as CharityJob.

5. Finally, keep up to date with developments in the third sector by reading sector-specific news sources and attending relevant events and training courses. This will help you to gain a better understanding of the sector and how it operates

Conclusion

A TSO is a type of organisation that exists to promote and deliver a public or social service, typically one that involves working with vulnerable people or groups. There are many different types of TSOs, from small local charities to large national organisations. While they vary in size and scope, all TSOs share the common goal of making a positive difference to the lives of those they work with. If you are looking for an organisation to get involved with, consider searching for a TSO in your area.

Want to find out more about procurement?

Access more blogs, articles and FAQ's relating to procurement

Oboloo transparent

The smarter way to have full visibility & control of your suppliers

Contact

Feel free to contact us here. Our support team will get back to you as soon as possible

Oboloo transparent

The smarter way to have full visibility & control of your suppliers

Contact

Feel free to contact us here. Our support team will get back to you as soon as possible

© 2024 oboloo Limited. All rights reserved. Republication or redistribution of oboloo content, including by framing or similar means, is prohibited without the prior written consent of oboloo Limited. oboloo, Be Supplier Smart and the oboloo logo are registered trademarks of oboloo Limited and its affiliated companies. Trademark numbers: UK00003466421 & UK00003575938 Company Number 12420854. ICO Reference Number: ZA764971