Historically, just by being recognised as a charity, you could assume the mantle of 'doing good'. Right? But ‘doing good’ is currently undergoing a transformative shift and charitable organisations need to wake up to a new reality that the lines between not-for-profit and for-profit are becoming blurred.
While charities have long been at the forefront of social and environmental initiatives, we need to acknowledge that they no longer hold a monopoly on addressing these pressing issues. Increasingly, for-profit organisations are stepping up their game, investing in causes that resonate with us all, particularly climate change and the environment. Moreover, certain entities, such as B Corps, are actively surpassing mere greenwashing. As charities move forward, it's vital for them to adapt and avoid being left behind. In short, we need to start rethinking charity.
Rethinking Charity Means Embracing a Changing Landscape
In this evolving landscape, where the lines between not-for-profit and for-profit are no longer clear, rethinking charity involves embracing the changing dynamics and looking to benefit from increased opportunities for collaboration. Rather than perceiving for-profit organisations as rivals, charities can foster partnerships to amplify their collective impact. By leveraging the unique strengths of both sectors, it's possible to tackle societal and environmental challenges more effectively.
Rethinking Charity Means Acknowledging the Rise of Purpose-Driven Businesses
An increasing number of for-profit organisations are adapting to a more purpose-driven approach, committing themselves to making a positive social and environmental impact. Of course, if we want to be cynical, we can accuse them of simply following the money. The increased social awareness of customers is unquestionably driving at least some of this change.
However, personally, I think we waste energy on being suspicious of what's motivating businesses, because what matters is that their investment and success is interconnected with the well-being of the planet and society. B Corps, as an example, exemplify this paradigm shift by adhering to rigorous standards that ensure they benefit both people and the planet. By rethinking charity, we can learn from these examples, adopting innovative practices and collaborating with these purpose-driven businesses to achieve shared goals.
Rethinking Charity Means Investing in Sustainable Practices
Yes, of course there is an element of greenwashing. But it is heartening to see some for-profit organisations going beyond superficial gestures and actively engaging in meaningful change. By investing in sustainable practices, reducing carbon footprints, and promoting ethical sourcing, these businesses are leading positive transformations within their industries. Rethinking charity means opening our minds and drawing inspiration from these efforts, incorporating sustainable practices into our own operations and advocating for change within our respective sectors.
Harnessing the Power of Technology
The rapid advancement of technology has opened up new avenues for both charities and for-profits to make a positive impact. Digital platforms and social media enable widespread awareness, mobilisation, and fundraising efforts. Charities can harness these technological tools to expand their reach and connect with a broader audience, while for-profit organisations can leverage their resources and expertise to amplify these efforts. By working together, both sectors can utilise technology to drive meaningful change on a larger scale.
Rethinking Charity Means More Emphasis on Impact Measurement and Transparency
More than ever, there is scrutiny on the effectiveness and transparency of charitable organisations, so it's crucial for charities to prioritise impact measurement and reporting. Only by demonstrating tangible results and transparently communicating their achievements, can charities today build trust with stakeholders and differentiate themselves to funders. Collaborating with for-profit organisations that share a commitment to accountability and impact is another way to enhance credibility and win public trust.
Conclusion
The landscape of 'doing good' is shifting, and rethinking charity is about adapting to this evolving reality. By embracing partnership working with purpose-driven businesses, learning from their sustainable practices, leveraging technology, and prioritising impact measurement, charities are capable of remaining relevant and effective in addressing societal and environmental challenges. The key lies in recognising that the pursuit of positive change is a shared responsibility, transcending the boundaries between not-for-profit and for-profit sectors. Only by working together can we can forge a brighter future for all.
Remember to keep checking in to Tools for Charities as your go-to resource for charity leadership know-how. There will be updates and new material on an ongoing basis. Enjoy!
Hello! I'm Jenny Hopkins, a charity consultant, creator of The Boiling Frog and 'Tools for Charities'. After an early career in publishing, I moved to the charity sector as CEO of a regional frontline charity. Over a period of ten years, I was able to transform it into an award-winning organisation and trusted partner of local health and social care statutory bodies. I stepped back a few years ago to undertake a part-time PhD research study on - yes, you guessed it! - charities, alongside my work mentoring leaders of small charities. My ‘Tools for Charities’ is a unique resource aimed at saving you time and stress associated with some of the regular and not-so-regular tasks associated with charity leadership and governance.
I use The Boiling Frog blog as a way to reflect and challenge my own experience and perceptions about the role of charities in society today. I am a director of Penleaf, a B-Corp accredited business consultancy. I also volunteer as a trustee of two local charities.
Kommentare