Question

What are the ways that the government and NFP sectors achieve positive social impact, separately and together?  

Answer 1

The ways in which government and NFP sectors achieve positive social impact are as follows:

- They develop cross-sector partnerships through a planned process that is coordinated and comprehensive. This process supports in aligning their efforts together and drawing their comparative strengths.

- They establish decentralized teams across organizations to manage the people effectively. The leaders and managers of these teams put in their varied strengths for a common goal and empower people to support the cause.

- The cross-sector partnerships help in incorporating and integrating stakeholders to act are shareholders and share their time and interests to work collaboratively.

- Diversifying risk and achieving a better scale of financing options to carry out programs and deliver effective outcomes. This helps in achieving a coordinated and versatile portfolio of funders.

- The partners work collaboratively on programs with high intrinsic values and measure the social impact performance. The performance and social impact of programs can be pre-determined by which the partners can allocate the priorities and goals to address.