Non-profits must become deeply engaged in the ways that their donor communities are using social technology.
Sentiment: POSITIVE
When people make donations to non profits, they want to know that their money goes to good use.
While many in the social enterprise space often qualify themselves as 'non-profit,' these organizations should instead treat themselves as 'for-purpose.' These organizations should focus on their mission to create social good, while still treating themselves with the same commitment to rigor and discipline as the best for-profits.
Nonprofits are the intermediaries between generosity and social change.
Social business lies in the spectrum of possibility between the traditional, profit-maximizing business, which directs little to no profit to doing good, and the traditional charity, which relies mostly on donations to sustain itself.
We often have an exaggerated sense of what nonprofits and governments are doing to help the poor, but the really inspiring thing is how much the poor are doing to help themselves.
And we're in the middle of a 'perfect storm.' These days, government social services are being bad-mouthed and defunded. The non-profit world is looking more and more like the for-profit world. The growing gap between rich and poor makes most of us very anxious about where we stand.
Social technology gives leaders a vital new platform with which to connect their companies to the myriad stakeholders who have an interest in their well being.
Increasingly, I'm inspired by entrepreneurs who run nonprofit organizations that fund themselves, or for-profit organizations that achieve social missions while turning a profit.
Most organizations should be pro-active, but philanthropists concerned with poverty should deliberately be reactive, learning from the efforts of ordinary folks who tired of looking the other way as their communities fell apart.
The social business marketplace is effectively forcing brands to engage with consumers on the basis of something that is meaningful to them. More often than not, this takes the form of some core value that finds expression in a non-profit cause.
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