here - Tamarack CCI
here - Tamarack CCI
here - Tamarack CCI
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Step 4: Articulate How You Can Help Business Realize its Objectives<br />
In Step 3, you identified why businesses might be interested in collaborating with you, and how<br />
their participation might align with their corporate goals. It can also be helpful to articulate how<br />
you can enhance the probability that those goals will be advanced.<br />
Businesses have identified the following as the things they value about the non-profit sector:<br />
Specialized information about and connections to communities –<br />
Once a business has decided to become engaged in a collaboration for<br />
social transformation, it will be eager to ensure that its efforts are<br />
organized in a way to produce maximum impact. To do that, it has to<br />
make sure that it has a strong understanding of the situation of the<br />
people the business hopes to help. The non-profit sector has that<br />
knowledge. Your non-profit may focus its efforts on particular inner<br />
city neighbourhoods. Or it may be directed at certain demographic<br />
groups such as recent immigrants, aboriginal people, victims of<br />
domestic violence, or consumers of mental health services. Whatever<br />
that focus is, you have an understanding of the sector that will be<br />
invaluable to the business sector in planning its own involvement.<br />
Community trust – A company wishing to locate in a particular community can face resistance<br />
for a variety of reasons. Collaborating with one or more non-profit or community groups on<br />
aspects of their initiative can increase the community’s trust in the company, and reduce the<br />
possibility of opposition to the company’s plans.<br />
Conduit for public or foundation funding – When a business becomes engaged in an initiative<br />
for social transformation, it may face costs beyond what it can afford to pay. If, for example, it<br />
agrees to hire a certain number of people who are below the skill level the business typically<br />
requires, the cost to the business of training the individuals may be prohibitive. Businesses<br />
typically don’t have access to foundation or government funding to pay for such costs. A<br />
business would value a relationship w<strong>here</strong>by the non-profit would raise some of the funds<br />
required to make the job seekers ready for employment, and the business would make the<br />
commitment to hire the individuals once they have completed their training.<br />
Providing access to clients and markets – By working with the non-profit sector, tapping into<br />
their resources and networks of client groups, business is given the chance to connect with<br />
people whom they might not usually access. Not only does business benefit, but non-profit<br />
clients gain access to better products and services, tailored to meet their specific needs.<br />
Helping aggregate demand – When a business decides to develop a product or service to meet a<br />
community need, non-profit organizations are often able to animate or organize the community<br />
to take advantage of it. A financial institution in Winnipeg, for example, that developed an<br />
account specifically to address the needs of people using fringe financial services, was able to<br />
attract hundreds of new account holders by referral from a few select non-profit organizations<br />
who were already working with the client group. Elsew<strong>here</strong> in this resource we have described<br />
Collaborating with Business for Social Transformation<br />
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