Creating Cross-Sector Alliances and Stakeholders

Laura KremserJessica Tracy

Management 510Week 9

May 27, 2010

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?

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 21st century?

In other words…do you think business is a feasible solution to sustainable development?

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

Four General Strategies:1. Focused Contribution2. Shared Contribution3. Diffused Contribution4. 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 relationships4. Transparency and Communication5. Well-rounded feedback loops

Keys to Success

Sustainable Local Enterprise Network Model

Who are they?1. Business2. Sellers3. Buyers4. Community

How might each be impacted?

Impacts on Stakeholders

Going NativeFinding the right partnersMaintaining balanced relationshipsDeveloping 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…

Questions?