Stakeholder engagement is—and will remain—a core element of the sustainability toolkit. It is a fundamental component of materiality assessments, which are then used to inform sustainability strategy, reporting, and disclosure. Corporations need stakeholder management strategies to understand and respond to existing and emerging societal concerns. Without input from key stakeholder groups, any approach to sustainability will be limited by an …
Development work is hard. Making change happen at scale is complex and there is not a linear path. Yet, achieving impact at scale is a goal many grantmakers, philanthropists, social and impact investors aim for – but this goal is not often nor easily achieved.Of course, we must also recognize that the ability to make impact in any particular focus …
‘Impact’ is the word of the moment in philanthropy, charity and even impact investing. Donors want to have an impact with their giving, charities want to know if their work is making a difference, and investors want their investments to have an impact.While everyone wants to be impactful, what’s missing is an agreement or understanding of what that means. Defining …
Every year Next Genration publishes a research report for the grantmaking, social investment, humanitarian, philanthropy and development sector focusing on trends That is, until 2020 happened!2021 was a year of reflection – and here is what we learnt. Lesson 1: Complexity requires clear strategy Whilst 2020 required rapid responses to several issues all at once – to survive the pandemic, …
We know that high quality development data is the foundation for meaningful policymaking, efficient resource allocation, and effective public service delivery.Consider if you will – how, the Covid-19 pandemic that is now nearing a 18-month cycle – impacts all aspects of our lives and work. But it has also become clearer how important data, statistics and scientific evidence have become. …
Grantmakers, donors, philanthropists and corporate social investors can choose among a multitude of ways to apply their philanthropic resources. Some donors derive great satisfaction from supporting a few nonprofit organizations that address their areas of concern and demonstrate a solid track record. They may support the same organizations year after year, as long as they see evidence of good management …
There is no simple answer, to the question: What is the difference between community engagement and stakeholder engagement. This is because the definitions used by industries and professionals are similar and so many terms are used that mean different things to everyone. Here is how we interpret the major differences:Timing: Community engagement tends to be implemented as a project – …
No one can argue that 2020 and 2021 have been difficult years. Even more so for those of us that work in the humanitarian ecosystem. Not only did we have to abandon well-crafted long-term strategies to respond to the human crises resulting from the Covid-19 pandemic, but we had to change the way we operate and collaborate. Much has been …
To support articles we posted recently on what corporate grantmakers, philanthropists and social investors can do in support of the impact of the COVID-19 pandemic (Read: 10 THINGS CORPORATE GRANTMAKERS, SOCIAL INVESTORS AND PHILANTHROPISTS CAN DO IN RESPONSE TO COVID-19 | Read: REIMAGINING A FUTURE FOR CORPORATE SOCIAL INVESTMENT), this article focuses on the flipside – organizations who work in the …
As governments, businesses, and individuals scramble to respond to the COVID-19 pandemic, Corporate Grantmakers and those of us who work in the social sector rightly ask what we can do to effectively contribute.