laura kremser jessica tracy management 510 week 9 may 27, 2010
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Creating Cross-Sector Alliances and Stakeholders
Laura KremserJessica Tracy
Management 510Week 9
May 27, 2010
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Themes of the week1.Business: The answer to
sustainable development problems?
2.Structure: Types of Business-NGO Partnerships
3.Challenges: What must be addressed for these models to be successful?
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Is Business the solution to global development problems?
Survey says…
YES.
(Despite Anti-globalization sentiment)
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Discussion Question:
Could there be a more important role for business in the 21st century?
In other words…do you think business is a feasible solution to sustainable development?
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Advantages DisadvantagesAble to mobilize more
resources more quicklyApproach the project as
business managersGreater efficiency and
flexibility
Lack of local knowledgeTendency to poorly
assess full impact of projects
Approach the project as business managers
Financial accountability to shareholders
Feasibility Analysis
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Four General Strategies:1. Focused Contribution2. Shared Contribution3. Diffused Contribution4. Communal Contribution
Structure: Types of NGO-Business Partnerships
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1. Partners must all have more than one bottom line.
2. Business partner must contribute more resources than just financial capital.
3. “Goodwill” in relationships4. Transparency and Communication5. Well-rounded feedback loops
Keys to Success
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Sustainable Local Enterprise Network Model
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Who are they?1. Business2. Sellers3. Buyers4. Community
How might each be impacted?
Impacts on Stakeholders
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Going NativeFinding the right partnersMaintaining balanced relationshipsDeveloping Metrics
Challenges
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Impact Assessment Model Evaluates:Economics (financial capital)Capabilities (human capital)Relationships (social capital, environmental
capital)
Do you see any gaps in this model?
If we were to develop a global standard for evaluating an organization’s effectiveness…what else should we measure? How?
After all, you are what you measure…
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Questions?