Corporations are re-assessing business models and moving, in some cases, to implement social business frameworks in collaboration with nonprofits. What about the nonprofit sector itself?
I enjoyed this article by Eric Stowe (founder and director of Splash -- an international nonprofit working on smart solutions to the water crisis in developing countries), advocating the need to keep social business models open source to achieve transformational scale. He provocatively suggests that chartitable organizations should promote the "theft" of their operating plans in order to foster greater, faster success.
By opening up our models, successful groups will make second-mover advantage (when a company benefits from feedback on a competitor’s earlier release) possible—in fact, probable."
It's an example of the charitable sector opening up to cross-sector collaboration, giving the opportunity for nonprofits, funders, governments, and companies to work more closely and act collectively to deliver effective solutions for global social and environmental problems.
Stowe has also shared his vision for the charitable sector on achieving sustainability through local community empowerment in his recent TEDx talk, "How To Kill Your Charity."
-- Jia Yan Toh