People who work for non-profits often have a strong social conscience and a desire to “do good.” Good intentions, though, are rarely enough to ensure effective outcomes; they must be combined with business skills before these organizations can achieve their goals. In this inaugural edition, India Knowledge@Wharton presents a special report devoted to non-profits that are trying to learn how to function like, well, for-profit businesses. The first article surveys a number of organizations that are grappling with this challenge, while the second takes an in-depth look at Aseema, a Mumbai-based non-profit that has been struggling to build a products division — with some support from Wharton students. The third story, an essay by the founder of a non-profit organization, challenges conventional ideas on how poverty can be fought.
|Indian NGOs: Learning to Walk the Line between Social Responsibility and Commercial Success|
|India’s social sector has in recent years seen a surge in funding and other support from global nonprofits, venture funds and individuals; it has also proliferated, rapidly expanding in depth and reach. The upshot has been a dramatic increase in the induction of professional management practices, creative networking between donors, other intermediaries and beneficiaries, and a greater rigor in the viability and performance appraisal of funded projects. These efforts are paying off and getting NGOs (non-governmental organizations) away from their traditional model of sustaining themselves solely through charitable contributions.|
|Case Study: How Aseema Seeks Business Success without Selling Its Soul|
|Ten years ago, when Aseema began its journey to educate underprivileged children, the road was not clear, nor was a destination in sight. But today, this not-for-profit organization has achieved reach and scale. Over the years, the sustained efforts at managing and streamlining its work professionally have enabled Aseema to change its operational and structural imperatives without losing sight of its goal. The Aseema story focuses the spotlight on the successes, problems and strategies that guide not-for-profit efforts in India.|
|Why the Fight against Poverty Is Failing: A Contrarian View|
Abraham George is the founder of The George Foundation, an NGO engaged in humanitarian work in India, and the author of India Untouched: The Forgotten Face of Rural Poverty. In this contrarian essay, he explores why the current strategies that governments and development agencies are employing to reduce poverty are not working the way they should. Among his arguments: Microcredit programs, as they are now practiced in India, do little to help the poor.
Source : India Knowledge@warton
Top 10 Artciles which align to above article. Kindly link and share your expereince.
Seeking Money and Meaning in the NGO World