If you have experience in more than one sector (business, Not-for-Profit and government), you may be able to make a significant contribution to new ways of solving social problems.
It used to be that government, NGOs and business kept to themselves. Now, more and more businesses, community organisations, and government agencies are realising that intractable social problems cannot be solved by any one sector acting alone.
Philanthropy and government funding is not enough to solve problems at scale. Private capital is needed. If private capital is going to be involved, there must be a business model that will generate profit. And if the business model also generates positive social impact, then everyone wins.
More and more global and local companies are exploring how to do this.
For businesses, it means re-imagining markets: are there people you have never thought to provide a product or service to before, because they couldn’t afford it? There might be innovative ways to supply low cost product or services at scale, profitably. There are many examples of this working.
For Not for profits, it means reimagining relationships with corporates and government: rather than taking money and doing good with it, are there ways you could achieve much greater social impact if you worked collaboratively with your corporate and government partners on projects that are designed to be self-sustaining?
It’s called creating shared value. It’s how social problems can be solved on a massive scale.
If you have experience in both the corporate sector and NGOs you may be able to play an important role in facilitating collaborative efforts to generate shared value. Paul Ronalds of Save the Children refers to such people as “Boundary Riders