Strategic partnerships

Bridging the Divide with Strategic Partnerships

 

Jennifer Hartz shares an article that identifies the key steps to building strategic partnerships between non profit organisations and private, public, and independent sectors

Nonprofit organizations and business volunteers need each other, but sometimes they speak different languages or don’t hear each other’s needs and assets.

Companies have a broad set of tools – Time, Talent, Treasure, and often goods and services.  Charities are doing a better job at educating their clients, donors, sponsors, and volunteers about what they need, what they don’t need, and why.  Please know they’re not ungrateful for your involvement and support, but efficiency matters for charities with limited budgets. (Ex. Goodwill has adopted standards for what items they can and cannot accept; this is good.)

NONPROFIT SECTOR IS BIG BUSINESS

There are 2.6 million NGO’s in the United States; 25% of the population is working for pay in these groups.  Charities are a significant portion of our GDP.  There are 32.5 million businesses in our country, directly employing 35% people.  Note: many businesses and charities sell products and services that are often paid for via government contracts, grants, or loans.

Since the COVID-19 pandemic began, the world’s awareness of the inter-dependence of the three sectors is getting a lesson in its true power – for better and for worse.  Let’s dive into a best-practice used by savvy nonprofits and businesses: Strategic Partnerships.

 

Key points include:

  • The interdependence of sectors
  • Employee volunteering & management
  • 2020 – 2021 covid, unemployment, virtual school and remote work

 

Read the full article, Strategic Partnerships among Private, Public, and Independent Sectors, on CoporateHartz.com.