As Anquan Wang stated in his blog post, Partnership Between Business and NGO, collaborations between businesses and NGOs is a strategic move that benefits both parties greatly.
“Based on a July poll of 120 leading companies and NGOs, as well as roundtable discussions with senior practitioners from both sectors … found much to cheer the spirit of those who advocate cross-sector collaboration as a route to addressing economic, social and environmental challenges.” -Manny Amandi, Guardian Professional
Nowadays, the level of corporate social responsibility a business takes into account has become an important factor in the success of the business itself. I completely agree with Anquan’s view on collaborations between businesses and NGOs because it strengthens a company’s image to a great extent, which leads to a larger public influence. In recent years, many businesses have formed where they have combined both entrepreneurship and charity to create social entrepreneurship. It is a for-profit organization but, primarily driven by a social objective. Ten Tree, a company that has taken an initiative to addressing global environmental issues by vowing to plant ten trees for every product purchased. They are the perfect example of not only being a business collaborating with a NGO, but taking it one step further and becoming a social enterprise.
Article Links:
http://www.theguardian.com/sustainable-business/collaboration
https://blogs.ubc.ca/bernardino/files/2013/01/486335_445388702181405_794785476_n.jpg
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