Laura Kremser Jessica Tracy Management 510 Week 9 May 27, 2010.

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Presentation transcript:

Laura Kremser Jessica Tracy Management 510 Week 9 May 27, 2010

Themes of the week 1. 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?

Is Business the solution to global development problems? Survey says… YES. (Despite Anti-globalization sentiment)

Discussion Question: Could there be a more important role for business in the 21 st century? In other words…do you think business is a feasible solution to sustainable development?

Advantages Disadvantages Able to mobilize more resources more quickly Approach the project as business managers Greater efficiency and flexibility Lack of local knowledge Tendency to poorly assess full impact of projects Approach the project as business managers Financial accountability to shareholders Feasibility Analysis

Four General Strategies: 1. Focused Contribution 2. Shared Contribution 3. Diffused Contribution 4. Communal Contribution Structure: Types of NGO-Business Partnerships

1. Partners must all have more than one bottom line. 2. Business partner must contribute more resources than just financial capital. 3. “Goodwill” in relationships 4. Transparency and Communication 5. Well-rounded feedback loops Keys to Success

Sustainable Local Enterprise Network Model

Who are they? 1. Business 2. Sellers 3. Buyers 4. Community How might each be impacted? Impacts on Stakeholders

Going Native Finding the right partners Maintaining balanced relationships Developing Metrics Challenges

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…