By Ian Sampson
One of the biggest issues that bedevils cause based organisations is surely:
“How do we get the funds we need to deliver on our mission?”
The traditional sources of revenue are increasingly difficult to access. The opportunities for generating new funding continue to be incremental rather than quantum leaps. The cost of acquiring new funds continues to escalate. New thinking is required.
Many organisations, corporates, not for profits and small to medium businesses are rethinking their approach to strategy. One recent development driving this new direction is Big Data .
Businesses are also seeing new opportunities to solve social problems in ways that could change forever the traditional way that social problems get solved. Someone sees a problem, forms an organisation, seeks funds and tries to solve it.
One of the stumbling blocks for this model is how to achieve scale – how do we get enough funds to solve the problem at the lowest cost?
Professor Michael Porter recently addressed the issues and opportunities in this short TED talk:
On 20th March a group of CEO’s and Chairs of “for cause” organisations will be meeting in Brisbane for half a day to explore the issue : ”How can we achieve scale for our organisations?”
We will be demonstrating a new and highly effective process to tackle this and similar issues.
If you would like to be at the cutting edge of thinking and action to create new pathways for your organisation, please contact us here for a personal invitation.
About Ian: Ian Sampson (B.Comm., LLB., FAICD, FAIM) is a Cause & Effective Associate. He is a Strategic Advisor to Boards, an Executive Coach and a Facilitator of our Powerful Leadership in Action Program