Rethinking Charity and Not for Profit's in the 21st century
I have never understood the double-standard that we apply in how we manage and operate not for profit organizations. As Dan Pallotta so eleqouently summarizes, we take the key drivers of success and growth in the private sector - compensation, advertising and marketing, risk and patience - and deny these critical elements to not for profit organizations. Solving health and social problems, that are massive in scale, require greater financial resources. If you sit on the Board of an NGO, why are you not empowering your management to invest in business and revenue growth?