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A 21st Century Approach to Social Progress: Cross-Sector Partnerships as a Possible Solution
For years the public, private and nonprofit sectors have worked separately to address key global challenges. But now, those challenges have outgrown this piecemeal approach, say the authors of the new book “Social Value Investing: A Management Framework for Effective Partnerships." In this Q&A with NextBillion, authors Howard W. Buffett and William B. Eimicke explore why cross-sector partnerships are the best way to create lasting social impact – and how to make those partnerships work.
- Categories
- Investing
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Symbiotic and Strategic: Why Businesses Should Embrace Nonprofit Partnerships
Imagine losing your sight. Now imagine losing your sight in one of the poorest regions in the world. With few quality eye doctors, hospitals or clinics, your chances of getting quality care would be small, and your opportunities to get an education or earn a steady income would slowly evaporate. Orbis CEO Bob Ranck explores how for-profit partners are helping his nonprofit tackle this issue - and why this sort of partnership makes good economic and business sense for both sides.
- Categories
- Health Care
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In Pursuit of Universal Health Care: Time to Take Public-Private Partnership to the Next Level
Public-private partnerships (PPP) are receiving increased attention for their promise to broaden developing countries' capacity to achieve universal health care. But though this attention is good, Dr. Naveen Rao of Merck for Mothers says we also need action. He outlines concrete steps that can make PPPs an integral part of national health policies and harness the local private health sector – not just big multilateral organizations, multinational corporations and NGOs.
- Categories
- Finance, Health Care
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‘Blended’ finance is key to achieving global sustainability goals, says report
In a report to be presented on Wednesday at the World Economic Forum in Davos, the Business and Sustainable Development Commission found that private sector investors could take advantage of blended finance to gain access to rapidly growing markets in the developing world.
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Bill Gates Says Private Sector Can Profit From Public Health
The Bill & Melinda Gates Foundation wants corporations to join its efforts in advancing public health, not just because it’s the right thing to do -- but because it can be lucrative too.
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- Health Care
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Could this investment strategy help keep convicts from returning to prison?
Could a financial institution invest in solving some of the nation’s biggest social challenges — and reap a return? This was a question Goldman Sachs faced when approached to invest in a program to reduce recidivism among teenage inmates at New York City’s Rikers Island prison.
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- Investing
- Region
- North America
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Funding struggle: Can Liberia’s controversial privately-run schools pilot continue?
Some funders are also said to be questioning the program after an independent evaluation released earlier this month showed mixed results for the public-private partnership’s first year. While researchers of the randomized control trial reported impressive learning gains among students, they also raised concerns about the program’s cost-effectiveness and its potential to negatively impact non-participating schools in the country.
- Categories
- Education, Impact Assessment
- Region
- Sub-Saharan Africa
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Jamie Dimon: The Biggest Lesson We Learned From Investing in Detroit
The private sector plays an essential role in society, and it is a role we should embrace—not just because it’s the right thing to do. It’s good for our shareholders and for our bottom line, too. Business can do well by doing good.
- Categories
- Investing
- Region
- North America
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