Private Sector is stuck in thinking that 'for profit' companies provide contracts and chariity has to be given too. however, the third sector converges 'doing good and doing well'. Applying the commerical skills of business to the social challenges of our time.
An efficent company can make good profits from serving third sector companies, those who have chosen a 'for profit for Social Good' model.
Ambassador G Wallace Hope gave a speech to the Global Logistics industry in Dubai, UAE, blowing up the walls between the private and public sectors to encourage more international collaboration to make global supply chains green and sustainable.
Top 10 'thought shifts' for the private sector
1) Stuck in For Profit/Non Profit business models
2) Private sector must blow up the 'internal walls'
3) Private sector must shift to 3rd way
4) Willingness to co-operate and collaborate
5) For Profit for Social Good
6) Applies the best practice of private sector
7) Leverages financial instruments to release 3rd party private sector financing to
fund contracts
8 )Focuses on serving the social needs
9) Sees opportunity and profit in 'doing good'
10) Finds unused capacity and sells it to Social Development sector
Mununuzi Timothy
Turning Green to Gold
No comments:
Post a Comment
Please let the comments be relevant to the posted Topic::