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GIVING ON A GLOBAL SCALE
— Gregory Elphinston, Director, Community Involvement, Nokia Corporation
— Robert N. Miller, Director, Corporate Citizenship/Global Contributions, The Dow Chemical Company
— Daniel F. Runde, Head of Strategic Partnerships, International Finance Corporation, The World Bank |
>>Watch the highlights video.
"Government, civil society, and the business sector
can be a significant source of energy for growth in
the developing world." - Shain Khoja, Roshan/The Afghanistan Development Company
Key Takeaways:
- Allow 5-10 years with international philanthropic investments to give enough time for building the necessary relationships, alliances, and partnerships that will be critical to the success of your efforts.
- Because philanthropy is critical to your long-term corporate strategy, it is important to involve C-suite executives. Invite your CEO to chair your foundation board to help integrate philanthropy fully into your business.
- Invest in regions where you want to build markets, and be willing to take risks that may not provide a direct return quickly, if at all. This might include providing services for free that competitors can utilize, that ultimately will open the market for competition.
- A major struggle in working in under-developed regions is the lack of infrastructure. It is critical to partner with local and national governments, along with NGOs, to ensure that your program is supported with basic infrastructure. Bring your expertise to the table, but partner with others to tackle other obstacles.
- Government agencies (USAID, IMF, World Bank, UN) are already working in most areas of the world. These organizations have built key relationships with local NGOs and governments and they can provide the corporate sector with an easy access point into a country/region.
Highlights Video:
Downloads:
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