As with any organisation, charitable and other for-purpose entities experience financial pressures, technological challenges and issues with their workforce and culture. There are over 600,000 not-for-profits in Australia, of which approximately 10% are registered with our charity regulator, the Australian Charities and Not-for-profits Commission. That’s not to mention the 20,000 and growing social enterprises in operation across the country. Thinking more broadly, not-for-profits are competing with around 2 million private businesses when it comes to share of voice, allocation of government resources, partners and even customers. The sector is used to crisis for a few reasons.
Some organisations work in crisis response, and others partner with those that play this important role. In addition, many of us have experienced crisis as individuals or for our organisations.
But not all challenges are created equal. There are times when our everyday issues are both overshadowed and compounded by crisis, be it health, environmental, economic or otherwise. We’ve identified six key components to consider during disaster preparedness or when crisis strikes.
Are charities learning from how businesses are tackling issues around trust, reputation and sustainability, does it matter, and if it does, what can they do about it? Our latest report shows nice ways charities can ensure their methods match their mission.
Is policy making measuring up: Rethinking how we measure the success of a nation explores how global demands have changed the way we think and measure success and what the results really mean.
Reflective Writing Help GuideCan you give me some examples of .docxsodhi3
Reflective Writing Help Guide
Can you give me some examples of reflection?
· Reading and acting on your managers/peers/clients/tutors feedback on your work to improve it
· Keeping a learning journal in order to record changes in your practice/knowledge/skills.
· Keeping a record of your learning development via e.g. Pebblepad
What is reflective writing?
· much more than a description of facts or events
· critical writing, questioning different viewpoints, examining reasons
· a process through which you develop or change your opinions and/or your behaviour
How do I structure my written reflection?
There are many reflective writing models. One simple model is Rolfe’s (2001) What? So What? Now What? model.
1. What?
Report what happened, objectively without judgement or interpretation. Describe the facts and event(s) of an experience you have had. Some of the questions you might ask yourself are:
What happened?
What was my role in the situation?
What was I trying to achieve?
What actions did I take?
What was the response of others?
What feelings did it evoke in me and others?
What were the consequences (good and bad) about the experience?
This experience could be a seminar you attended, a team task in which you played a role, a work presentation you gave etc.
2. So What?
This is the level of analysis and evaluation when we look deeper at what was behind the experience. It helps you to understand what you have learnt from the experience. Some of the questions you might ask yourself are:
So what does this tell me?
So what was going through my mind when I acted?
So what did I base my actions on?
So what more do I need to know about this?
So what could/should I have done to make it better?
So what is my new understanding of the situation?
3. Now What?
This is the level of synthesis. Here you build on the previous levels to consider alternative courses of action and choose what you need to do next. Some of the questions you might ask yourself are:
Now what could I do to make things better?
Now what actions do I need to take?
Now what plans do I need to put into place?
Now what might be the consequences (long term and short term benefits/drawbacks) to you, your organisation and your colleagues of this action?
Now what might hold me back?
Now what realistic goals will I work towards?
The language of reflection
Here is a list of suggested reflective phrases you might like to use in your reflective writing:
After observation….
This comment tells me….
In this situation I should have…
Because of this activity I was prompted to…
This is an indication of…
To promote continued thinking I plan to..
With hindsight, I should perhaps have…
In retrospect…
After this activity I found…. to be significant because…
The significance of this activity…
It is important for me to realize…
This is significant because…
I acknowledge that…
I focused on….because…
I realized that…
In the future…
I have since concluded…
On ref ...
CEO INSIGHTS 2024P O S I T I V E I N A N U N C E R TA I N WORLD: CONFIDENT C...HAMADI ASKRI
THE FUTURE IS BRIGHT & GETTING
BRIGHTER DESPITE INSTABILITY
Looking beyond current turbulence, CEOs of the world’s
largest companies are increasingly positive about the
prospects for growth and are positioning themselves —
and their workforces — to seize the opportunities that
AI brings, according to the results of our 2024 “CEO Insights”
study.
Are charities learning from how businesses are tackling issues around trust, reputation and sustainability, does it matter, and if it does, what can they do about it? Our latest report shows nice ways charities can ensure their methods match their mission.
Is policy making measuring up: Rethinking how we measure the success of a nation explores how global demands have changed the way we think and measure success and what the results really mean.
Reflective Writing Help GuideCan you give me some examples of .docxsodhi3
Reflective Writing Help Guide
Can you give me some examples of reflection?
· Reading and acting on your managers/peers/clients/tutors feedback on your work to improve it
· Keeping a learning journal in order to record changes in your practice/knowledge/skills.
· Keeping a record of your learning development via e.g. Pebblepad
What is reflective writing?
· much more than a description of facts or events
· critical writing, questioning different viewpoints, examining reasons
· a process through which you develop or change your opinions and/or your behaviour
How do I structure my written reflection?
There are many reflective writing models. One simple model is Rolfe’s (2001) What? So What? Now What? model.
1. What?
Report what happened, objectively without judgement or interpretation. Describe the facts and event(s) of an experience you have had. Some of the questions you might ask yourself are:
What happened?
What was my role in the situation?
What was I trying to achieve?
What actions did I take?
What was the response of others?
What feelings did it evoke in me and others?
What were the consequences (good and bad) about the experience?
This experience could be a seminar you attended, a team task in which you played a role, a work presentation you gave etc.
2. So What?
This is the level of analysis and evaluation when we look deeper at what was behind the experience. It helps you to understand what you have learnt from the experience. Some of the questions you might ask yourself are:
So what does this tell me?
So what was going through my mind when I acted?
So what did I base my actions on?
So what more do I need to know about this?
So what could/should I have done to make it better?
So what is my new understanding of the situation?
3. Now What?
This is the level of synthesis. Here you build on the previous levels to consider alternative courses of action and choose what you need to do next. Some of the questions you might ask yourself are:
Now what could I do to make things better?
Now what actions do I need to take?
Now what plans do I need to put into place?
Now what might be the consequences (long term and short term benefits/drawbacks) to you, your organisation and your colleagues of this action?
Now what might hold me back?
Now what realistic goals will I work towards?
The language of reflection
Here is a list of suggested reflective phrases you might like to use in your reflective writing:
After observation….
This comment tells me….
In this situation I should have…
Because of this activity I was prompted to…
This is an indication of…
To promote continued thinking I plan to..
With hindsight, I should perhaps have…
In retrospect…
After this activity I found…. to be significant because…
The significance of this activity…
It is important for me to realize…
This is significant because…
I acknowledge that…
I focused on….because…
I realized that…
In the future…
I have since concluded…
On ref ...
CEO INSIGHTS 2024P O S I T I V E I N A N U N C E R TA I N WORLD: CONFIDENT C...HAMADI ASKRI
THE FUTURE IS BRIGHT & GETTING
BRIGHTER DESPITE INSTABILITY
Looking beyond current turbulence, CEOs of the world’s
largest companies are increasingly positive about the
prospects for growth and are positioning themselves —
and their workforces — to seize the opportunities that
AI brings, according to the results of our 2024 “CEO Insights”
study.
Navigating Downturn Alley - The PRactice May 2016 issueThe PRactice
The startup environment in India is still positive but there are some signs of trouble in this ‘paradise’. Our 4th Viewpoint Roundtable – Navigating Downturn Alley – was aimed at highlighting ways in which startups can build greater brand relevance in good times in order to make it through the not-so-good ones. But is all this talk of a recession and systemic issues in the startup ecosystem overblown? One of our guest writers explains why she thinks so. We also explore the links between CSR, charity and business cycles through past recessionary data and a conversation with the Bangalore head of a charitable trust.
2018 human trends rise of the social enterpriseVALUES & SENSE
The 2018 Deloitte Global Human Capital Trends report showcases a profound shift facing business leaders worldwide: The rapid rise of what we call the social enterprise. This shift reflects the growing importance of social capital in shaping an organization’s purpose, guiding its relationships with stakeholders, and influencing its ultimate success or failure.
The Future of Business Citizenship - People's Insights MagazineMSL
For our global research study, The Future of Business Citizenship, we surveyed 8,000 young people in 17 countries. Our findings confirm that Millennials have high expectations from business and add an insightful layer to our observations around this generation, with real implications for brands and corporations.
MSLGROUP's global team of corporate and brand citizenship experts dive deep into the results of our study and outline what Millennials value as individuals and what they expect from businesses. The Future of Business Citizenship is part of MSLGROUP's People's Insights project that crowd-sources insights and foresights from MSLGROUP experts.
We hope you enjoy reading this comprehensive report and invite you to share your feedback and tips with us @PeoplesLab or you can reach out to us on Twitter @msl_group.
MSLGROUPs latest survey of 8,000 Millennials across 17 countries reveals that they feel very differently from preceding generations about businesses’ roles in dealing with the world’s greatest challenges.
Дослідження рис, завдяки якимстають успішними підприємцями в середовищі, що п...Kukurudziak Ivan
Наразі все більше і більше з’являється підприємців, котрі мають гарну освіту, але їм досить важко поєднати підручники і реальність. Дана робота дасть змогу зрозуміти принципи роботи справжнього підприємця і стати успішним, покладаючись на досвід роботи успішних менеджерів у сучасному мінливому світі. Все, що може зацікавити молодого спеціаліста: зміни в глобальному бізнесі, останні опитування, риси, завдяки яким стають успішними та багато іншого – можна знайти у підсумках цього дослідження
What do I mean by changing New Zealand? How about ending poverty; which also requires transforming our
public education system; improving parenting; developing a nation of financial literacy; creating more jobs, what about adding in affordable childcare so solo parents can work and let’s add in a few major health problems for good measure. That would work.
The Future of Reputation - People's Insights Magazine by MSLGROUPOlivier Fleurot
Our reputation management experts in France, Brazil, the US, UK, Germany, India, the Netherlands, China and Poland, explore the evolving definition of reputation, how it can be protected, and how its sustainability can be assured for the future.
Read more: http://peopleslab.mslgroup.com/reputation
The Future of Reputation - People's Insights MagazineMSL
Our reputation management experts in France, Brazil, the US, UK, Germany, India, the Netherlands, China and Poland, explore the evolving definition of reputation, how it can be protected, and how its sustainability can be assured for the future.
Answer questions 14-1 and 14-4 with approximately 40 to 90 w.docxjustine1simpson78276
Answer questions 14-1 and 14-4 with approximately 40 to 90 words each.
14-1.
Identify which level(s) of government regulate(s) NFP organizations and identify the source of authority.
14-4.
What are the distinguishing characteristics between a public charity and a private foundation? What is a public support test and how does it relate to public charities and private foundations?
Answer the following questions with 100 to 150 words each.
FASB Statement 117
1. What are the three classifications of net assets established by FASB Statement 117? How are these net assets affected by the existence or absence of donor-imposed restrictions? How are releases of these net assets accomplished?
A. how is adherence to the restrictions monitored?
B. how is income from restricted assets reported?
Financial Reporting
2. What financial statements are required of not-for-profit organizations? How are they different or comparable to those provided by organizations that operate for profit? How does the retained earnings section of for-profit organizations differ from that of the net assets section of not-for-profits?
a. what are some of the differences in the balance sheet of a not for profit entity and a for profit entity?
NFP or Governmental
3. in what ways can governmental entities raise additional revenue for large dollar projects?
45
The Corporation’s Social
Responsibilities
The idea that businesses bear broad responsibilities to society as they pursue economic goals is an
age-old belief. Both market and nonmarket stakeholders expect businesses to be socially responsi-
ble, and many companies have responded by making social goals a part of their overall business
operations. Some businesses have even integrated social benefit with economic objectives as their
primary mission. With these dramatic changes in the mission and purpose of a business organiza-
tion, what it means to act in socially responsible ways is not always clear, thus producing contro-
versy about what constitutes such behavior, how extensive it should be, and what it costs to be
socially responsible.
This Chapter Focuses on These Key Learning Objectives:
• Understanding the role of big business and the responsible use of corporate power in a
democratic society.
• Knowing when the idea of corporate social responsibility originated and the phases through
which it has developed.
• Investigating how a company’s purpose or mission can integrate social objectives with
economic objectives.
• Examining the key arguments for and against corporate social responsibility.
• Defining a social enterprise and understanding its role in solving social problems.
• Evaluating business’s social obligations to help the world’s poorest members.
• Recognizing socially responsible best practices.
C H A P T E R T H R E E
Law29473_ch03_045-066.indd Page 45 29/11/12 9:13 PM user-TRVT-065Law29473_ch03_045-066.indd Page 45 29/11/12 9:13 PM user-TRVT-0.
What we measure may deserve a shift in focus...Jyoti Pandey
Companies that are conscious of their social responsibility impact their bottom line in a positive way. My article on sustainability reporting in ethikos.
this issue.
Climate Governance Initiative Australia
The AICD is the host of the Climate Governance
Initiative Australia which assists in supporting
our members in meeting the challenges and
opportunities of governing climate change risk.
As host of the Australian Chapter of the Climate
Governance Initiative, our members have
access to a global network of experts in risk
and resilience and to non-executive directors
who are leading their organisations’ governance
response to climate change.
The Climate Governance Initiative (CGI) is an
active and rapidly expanding network of over
20 bodies globally, whose Chapters promote the
World Economic Forum Climate Governance
Principles for boards and effective climate
governance within their jurisdictions. The
principles are set out in Appendix 2 of this guide.
The principles support directors to gain
awareness, embed climate considerations into
board decision making, and understand and act
upon the risks and opportunities that climate
change poses to their organisations.
CGI chapters have already been established
in many comparable countries, including the
UK, US (hosted by the National Association of
Corporate Directors), Canada (hosted by the
Institute of Corporate Directors) and France.
Australian Bushfire
and Climate Plan
Final report of the National Bushfire and Climate Summit 2020
The severity and scale of Australian bushfires
is escalating
Australia’s Black Summer fires over 2019 and 2020
were unprecedented in scale and levels of destruction.
Fuelled by climate change, the hottest and driest year
ever recorded resulted in fires that burned through land
two-and-a-half times the size of Tasmania (more than 17
million hectares), killed more than a billion animals, and
affected nearly 80 percent of Australians. This included
the tragic loss of over 450 lives from the fires and
smoke, more than 3,000 homes were destroyed, and
thousands of other buildings.
While unprecedented, this tragedy was not
unforeseen, nor unexpected. For decades climate
scientists have warned of an increase in climaterelated disasters, including longer and more
dangerous bushfire seasons, which have become
directly observable over the last 20 years. Extremely
hot, dry conditions, underpinned by years of reduced
rainfall and a severe drought, set the scene for the
Black Summer crisis.
Recommendations - The 3 Rs - Response,
Readiness and Recovery
There is no doubt that bushfires in Australia have
become more frequent, ferocious and unpredictable
with major losses in 2001/02 in NSW, 2003 in the
ACT, 2013 in Tasmania and NSW, 2018 in Queensland,
2009 Black Saturday Fires in Victoria and 2019/20 in
Queensland, NSW, Victoria and South Australia. We are
now in a new era of supercharged bushfire risk, forcing
a fundamental rethink of how we prevent, prepare for,
respond to, and recover from bushfires.
This Australian Bushfire and Climate Plan report
provides a broad plan and practical ideas for
governments, fire and land management agencies
and communities to help us mitigate and adapt to
worsening fire conditions. The 165 recommendations
include many measures that can be implemented right
now, to ensure communities are better protected.
Navigating Downturn Alley - The PRactice May 2016 issueThe PRactice
The startup environment in India is still positive but there are some signs of trouble in this ‘paradise’. Our 4th Viewpoint Roundtable – Navigating Downturn Alley – was aimed at highlighting ways in which startups can build greater brand relevance in good times in order to make it through the not-so-good ones. But is all this talk of a recession and systemic issues in the startup ecosystem overblown? One of our guest writers explains why she thinks so. We also explore the links between CSR, charity and business cycles through past recessionary data and a conversation with the Bangalore head of a charitable trust.
2018 human trends rise of the social enterpriseVALUES & SENSE
The 2018 Deloitte Global Human Capital Trends report showcases a profound shift facing business leaders worldwide: The rapid rise of what we call the social enterprise. This shift reflects the growing importance of social capital in shaping an organization’s purpose, guiding its relationships with stakeholders, and influencing its ultimate success or failure.
The Future of Business Citizenship - People's Insights MagazineMSL
For our global research study, The Future of Business Citizenship, we surveyed 8,000 young people in 17 countries. Our findings confirm that Millennials have high expectations from business and add an insightful layer to our observations around this generation, with real implications for brands and corporations.
MSLGROUP's global team of corporate and brand citizenship experts dive deep into the results of our study and outline what Millennials value as individuals and what they expect from businesses. The Future of Business Citizenship is part of MSLGROUP's People's Insights project that crowd-sources insights and foresights from MSLGROUP experts.
We hope you enjoy reading this comprehensive report and invite you to share your feedback and tips with us @PeoplesLab or you can reach out to us on Twitter @msl_group.
MSLGROUPs latest survey of 8,000 Millennials across 17 countries reveals that they feel very differently from preceding generations about businesses’ roles in dealing with the world’s greatest challenges.
Дослідження рис, завдяки якимстають успішними підприємцями в середовищі, що п...Kukurudziak Ivan
Наразі все більше і більше з’являється підприємців, котрі мають гарну освіту, але їм досить важко поєднати підручники і реальність. Дана робота дасть змогу зрозуміти принципи роботи справжнього підприємця і стати успішним, покладаючись на досвід роботи успішних менеджерів у сучасному мінливому світі. Все, що може зацікавити молодого спеціаліста: зміни в глобальному бізнесі, останні опитування, риси, завдяки яким стають успішними та багато іншого – можна знайти у підсумках цього дослідження
What do I mean by changing New Zealand? How about ending poverty; which also requires transforming our
public education system; improving parenting; developing a nation of financial literacy; creating more jobs, what about adding in affordable childcare so solo parents can work and let’s add in a few major health problems for good measure. That would work.
The Future of Reputation - People's Insights Magazine by MSLGROUPOlivier Fleurot
Our reputation management experts in France, Brazil, the US, UK, Germany, India, the Netherlands, China and Poland, explore the evolving definition of reputation, how it can be protected, and how its sustainability can be assured for the future.
Read more: http://peopleslab.mslgroup.com/reputation
The Future of Reputation - People's Insights MagazineMSL
Our reputation management experts in France, Brazil, the US, UK, Germany, India, the Netherlands, China and Poland, explore the evolving definition of reputation, how it can be protected, and how its sustainability can be assured for the future.
Answer questions 14-1 and 14-4 with approximately 40 to 90 w.docxjustine1simpson78276
Answer questions 14-1 and 14-4 with approximately 40 to 90 words each.
14-1.
Identify which level(s) of government regulate(s) NFP organizations and identify the source of authority.
14-4.
What are the distinguishing characteristics between a public charity and a private foundation? What is a public support test and how does it relate to public charities and private foundations?
Answer the following questions with 100 to 150 words each.
FASB Statement 117
1. What are the three classifications of net assets established by FASB Statement 117? How are these net assets affected by the existence or absence of donor-imposed restrictions? How are releases of these net assets accomplished?
A. how is adherence to the restrictions monitored?
B. how is income from restricted assets reported?
Financial Reporting
2. What financial statements are required of not-for-profit organizations? How are they different or comparable to those provided by organizations that operate for profit? How does the retained earnings section of for-profit organizations differ from that of the net assets section of not-for-profits?
a. what are some of the differences in the balance sheet of a not for profit entity and a for profit entity?
NFP or Governmental
3. in what ways can governmental entities raise additional revenue for large dollar projects?
45
The Corporation’s Social
Responsibilities
The idea that businesses bear broad responsibilities to society as they pursue economic goals is an
age-old belief. Both market and nonmarket stakeholders expect businesses to be socially responsi-
ble, and many companies have responded by making social goals a part of their overall business
operations. Some businesses have even integrated social benefit with economic objectives as their
primary mission. With these dramatic changes in the mission and purpose of a business organiza-
tion, what it means to act in socially responsible ways is not always clear, thus producing contro-
versy about what constitutes such behavior, how extensive it should be, and what it costs to be
socially responsible.
This Chapter Focuses on These Key Learning Objectives:
• Understanding the role of big business and the responsible use of corporate power in a
democratic society.
• Knowing when the idea of corporate social responsibility originated and the phases through
which it has developed.
• Investigating how a company’s purpose or mission can integrate social objectives with
economic objectives.
• Examining the key arguments for and against corporate social responsibility.
• Defining a social enterprise and understanding its role in solving social problems.
• Evaluating business’s social obligations to help the world’s poorest members.
• Recognizing socially responsible best practices.
C H A P T E R T H R E E
Law29473_ch03_045-066.indd Page 45 29/11/12 9:13 PM user-TRVT-065Law29473_ch03_045-066.indd Page 45 29/11/12 9:13 PM user-TRVT-0.
What we measure may deserve a shift in focus...Jyoti Pandey
Companies that are conscious of their social responsibility impact their bottom line in a positive way. My article on sustainability reporting in ethikos.
this issue.
Climate Governance Initiative Australia
The AICD is the host of the Climate Governance
Initiative Australia which assists in supporting
our members in meeting the challenges and
opportunities of governing climate change risk.
As host of the Australian Chapter of the Climate
Governance Initiative, our members have
access to a global network of experts in risk
and resilience and to non-executive directors
who are leading their organisations’ governance
response to climate change.
The Climate Governance Initiative (CGI) is an
active and rapidly expanding network of over
20 bodies globally, whose Chapters promote the
World Economic Forum Climate Governance
Principles for boards and effective climate
governance within their jurisdictions. The
principles are set out in Appendix 2 of this guide.
The principles support directors to gain
awareness, embed climate considerations into
board decision making, and understand and act
upon the risks and opportunities that climate
change poses to their organisations.
CGI chapters have already been established
in many comparable countries, including the
UK, US (hosted by the National Association of
Corporate Directors), Canada (hosted by the
Institute of Corporate Directors) and France.
Australian Bushfire
and Climate Plan
Final report of the National Bushfire and Climate Summit 2020
The severity and scale of Australian bushfires
is escalating
Australia’s Black Summer fires over 2019 and 2020
were unprecedented in scale and levels of destruction.
Fuelled by climate change, the hottest and driest year
ever recorded resulted in fires that burned through land
two-and-a-half times the size of Tasmania (more than 17
million hectares), killed more than a billion animals, and
affected nearly 80 percent of Australians. This included
the tragic loss of over 450 lives from the fires and
smoke, more than 3,000 homes were destroyed, and
thousands of other buildings.
While unprecedented, this tragedy was not
unforeseen, nor unexpected. For decades climate
scientists have warned of an increase in climaterelated disasters, including longer and more
dangerous bushfire seasons, which have become
directly observable over the last 20 years. Extremely
hot, dry conditions, underpinned by years of reduced
rainfall and a severe drought, set the scene for the
Black Summer crisis.
Recommendations - The 3 Rs - Response,
Readiness and Recovery
There is no doubt that bushfires in Australia have
become more frequent, ferocious and unpredictable
with major losses in 2001/02 in NSW, 2003 in the
ACT, 2013 in Tasmania and NSW, 2018 in Queensland,
2009 Black Saturday Fires in Victoria and 2019/20 in
Queensland, NSW, Victoria and South Australia. We are
now in a new era of supercharged bushfire risk, forcing
a fundamental rethink of how we prevent, prepare for,
respond to, and recover from bushfires.
This Australian Bushfire and Climate Plan report
provides a broad plan and practical ideas for
governments, fire and land management agencies
and communities to help us mitigate and adapt to
worsening fire conditions. The 165 recommendations
include many measures that can be implemented right
now, to ensure communities are better protected.
How to work with petroleum hydrocarbon suppliers to reduce and eliminate cont...Turlough Guerin GAICD FGIA
Petroleum hydrocarbon suppliers affect a mine's goals for environmental performance because of the extensive reach of petroleum hydrocarbon products into the mining and minerals product life cycle, their impact on operational efficiencies, cost, and mine viability, and their potential for leaving negative environmental as well as safety legacies. The supplied petroleum hydrocarbon life cycle is a framework that enables structured engagement between supplier and customer on a range of environmental performance issues because it is an example of input into the mining industry that affects the entire mining and minerals processing an value chain. Engagement with suppliers in a proactive manner can be a risk management strategy. Questions for businesses to ask in relation to suppliers and their role in minimizing business risks and creating new value are offered (https://onlinelibrary.wiley.com/doi/full/10.1002/rem.21669).
Governments would get bigger bang for taxpayer
buck by instead spending more on upgrading existing infrastructure,
and on social infrastructure such as aged care and mental health care.
Choosing net zero is
an economic necessity
Australia pays a high price of a global failure
to deliver new growth in recovery. Compared
to this dismal future, Deloitte Access Economics
estimates a new growth recovery could
grow Australia’s economy by $680 billion
(present value terms) and increase GDP
by 2.6% in 2070 – adding over 250,000 jobs
to the Australian economy by 2070.
The world of venture capital has seen huge changes over the past decade. Ten years ago there were fewer than
20 known unicorns in the US5
; there are now over 2006
. Annual investment of global venture capital has increased
more than fivefold over the same period, rising to $264 billion by 2019. This investment has been dominated by the
tech sector harnessing digital frontiers to disrupt traditional industries – including cloud computing, mobile apps,
marketplaces, data platforms, machine learning and deep tech.7
It is an ecosystem that acts as the birthplace for
innovation and brands that can shape the future of consumerism, sectors and markets.
As COVID-19 has taken hold of the
world, the question of whether venture
capital, and early stage investing more
broadly, is backing and scaling the
innovations our world really needs has
never been more pertinent. Life science
and biotech investing is an asset class
perhaps most resilient and relevant to
the short-term impact of COVID-19,
but there is another impact-critical
investment area that is emerging as
an increasingly important investment
frontier: climate tech.
This research represents a first-ofits-kind analysis of the state of global
climate tech investing. We define what
it is and show how this new frontier
of venture investing is becoming a
standout investing opportunity for the
2020s. Representing 6% of global
annual venture capital funding in 2019,
our analysis finds this segment has
grown over 3750% in absolute terms
since 2013. This is on the order of 3
times the growth rate of VC investment
into AI, during a time period renowned
for its uptick in AI investment.8
Looking forward can climate tech in the
2020s follow a similar journey to the
artificial intelligence (AI) investing boom
in the 2010s? The substantial rates of
growth seen in climate tech in the late
2010s, and the overarching need for
new transformational solutions across
multiple sectors of the economy,
suggests yes. The stage appears set
for an explosion of climate tech into the
mainstream investment and corporate
landscape in the decade ahead.
Nine shifts will radically change the way construction projects are delivered—and similar
industries have already undergone many of the shifts. A combination of sustainability
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Recordings are on YouTube and the company website.
https://www.youtube.com/@jenniferschaus/videos
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Recordings are on YouTube and the company website.
https://www.youtube.com/@jenniferschaus/videos
2024: The FAR - Federal Acquisition Regulations, Part 38
Times of Crisis White Paper
1. TIMES OF CRISIS: A GUIDE FOR
THE FOR-PURPOSE SECTOR
PART 1/3: SUPPORT FOR LEADERS TODAY AND
HOW WE CAN REIMAGINE THE SECTOR FOR
TOMORROW
A P R I L 2 0 2 0
2. S P A R K S T R A T E G Y P A G E 2
TABLE OF CONTENTS
W H A T ' S T H I S P A P E R A B O U T 4
T O D A Y : P R E P A R I N G F O R A N D R E S P O N D I N G T O C R I S I S 5
Y O U R B U S I N E S S M O D E L A N D F I N A N C E S 8
S I X K E Y C O M P O N E N T S T O C O N S I D E R 6
Y O U R S T R A T E G Y 7
Y O U R O P E R A T I N G M O D E L 9
Y O U R G O V E R N M E N T E N G A G E M E N T 1 0
Y O U R C U L T U R E A N D C O M M U N I C A T I O N S 1 1
Y O U R 3 0 - D A Y P L A N 1 2
F R O M H E R E 1 3
W H O I S S P A R K S T R A T E G Y 1 4
A N O T E F R O M M A N A G I N G D I R E C T O R G E O R G E L I A C O S 3
3. S P A R K S T R A T E G Y P A G E 2
A NOTE FROM OUR MANAGING DIRECTOR
GEORGE LIACOS
As this crisis has unfolded, we have seen our sector thrown into
turmoil. We have also seen the amazing generosity, collaboration
and innovation many under state in our sector, come to the fore.
This crisis and the inevitable economic fallout that will follow has
not only created a burning platform for change, but has heralded
a new era in ways we are only just awakening to.
Here at Spark Strategy, we have come to the view that this
timeline will unfold into three phases:
1. Now: Crisis – Survive 0 to 6 months
2. Next: Rebuild into a new reality 6 to 24 months
3. After: Thrive – new economies, social systems, power and ways
of working 24 months +
So, we have decided to produce three papers, one for each phase.
This is the first paper addresses the Now. We are aiming to have
the next two papers out by the end of April 2020. I’d like to send a
big shout out to Felicity and Heather for their authorship of this
paper, and I’m looking forward to stepping up to the plate for
collaboration on the next two.
Looking more broadly, I feel this is so true… “Crisis forces commonality of purpose on one another."
Michelle Dean
We absolutely have a commonality of purpose now. A few years ago I remember being told that we
should move to a place where we can say “I live in a society not an economy”. Today I am feeling that
shift. The shift is about the sense of ‘Together’.
Together we can get through the crisis stage.
Together we can rebuild into a new economic and political reality.
Together we can thrive by unlocking new business models, new ways to engage and designing
impactful interventions to suite this new reality.
Spark Strategy has never been about outputs – strategic plans, business models or otherwise.
We’ve always been about outcomes. Our future is with the social sector and the outcomes we seek is
for it is to survive, rebuild and thrive.
Being ‘Sparky’ is about bringing people, organisations and systems together and giving them the space,
permission, mindset and tools to craft how they will achieve this, how they will survive, rebuild and
thrive… and we do this together, from plan to execution, over time.
We stand ready and determined with the team, the tools and the experience to play our part in helping
the sector to survive, rebuild and thrive, together.
We hope this series of papers is helpful and as always am here for any of your questions.
George Liacos
S P A R K S T R A T E G Y P A G E 3
4. WHAT’S THIS PAPER
ABOUT?
There always have been and always will be
difficult times. And then there was 2020. A
year that started with the devastation of large-
scale bush fires across much of Australia,
followed closely by the confusion and tragedy
of COVID-19. These events have had major and
far-reaching adverse effects on our society,
including loss of life, economic downturn,
social isolation and environmental damage.
The long-term impacts of these crises are not
yet fully understood. However, previous
disasters suggest that the community
members who are vulnerable or experiencing
disadvantage will be among the worst
affected.
In times of major difficulty and disaster, we
can feel as though the ground beneath us is
uncertain. Although crisis brings about real
examples of hope, heroism and humour, as
individuals and as organisations, we can feel
that we’re free falling. With our sense of control
and agency dashed, it’s easy to respond
reactively and to panic.
We’ve written this whitepaper to counter
that. It’s a tool to support for-purpose leaders
to prepare for and respond to crisis. We also
want to go beyond the here and now, and
think about what happens when we come out
on the other side and things return to ‘normal’.
What do we want our new normal to be? How
can we reimagine and reinvent our sector? We
engaged in conversations with change agents
across different sectors to add to this thinking,
and have added key quotes through the paper
to highlight different perspectives.
Over the last decade, we’ve collaborated
with and learnt from hundreds of for-purpose
organisations. We’ve seen their unique pain
points and successes as well as the shared
priorities, challenges and opportunities of the
sector at large. We don’t have all the answers
and we don’t pretend to. What we have
included in this whitepaper is a series of
considered questions, case studies and
insights to focus your attention on what
really matters, build confidence and courage,
and spark ideas. We really hope you find it
useful.
Heather MorecroftFelicity Green
S P A R K S T R A T E G Y P A G E 4
5. TODAY: PREPARING FOR AND
RESPONDING TO CRISIS
The not-for-profit sector is used to difficulty
and competition.
S P A R K S T R A T E G Y P A G E 5
As with any organisation, charitable and
other for-purpose entities experience financial
pressures, technological challenges and issues
with their workforce and culture. There are
over 600,000 not-for-profits in Australia, of
which approximately 10% are registered with
our charity regulator, the Australian Charities
and Not-for-profits Commission. That’s not to
mention the 20,000 and growing social
enterprises in operation across the country.
Thinking more broadly, not-for-profits are
competing with around 2 million private
businesses when it comes to share of voice,
allocation of government resources, partners
and even customers. The sector is used to crisis
for a few reasons.
Some organisations work in crisis response,
and others partner with those that play this
important role. In addition, many of us have
experienced crisis as individuals or for our
organisations.
But not all challenges are created equal.
There are times when our everyday issues are
both overshadowed and compounded by
crisis, be it health, environmental, economic or
otherwise.
We’ve identified six key components to
consider during disaster preparedness or when
crisis strikes. Each of these can make or break
an organisation, particularly in a crisis context.
6. How organisations interact with, influence and access support from local, state and federal
government.
YOUR GOVERNMENT ENGAGEMENT
S P A R K S T R A T E G Y P A G E 6
SIX KEY COMPONENTS TO CONSIDER
The guiding light of your organisation, which sets out why you exist, who for and what you will
focus upon over the years ahead.
YOUR STRATEGY
What value you provide to customers and other stakeholders, how you provide it, and the
associated revenue and costs.
YOUR BUSINESS MODEL AND FINANCES
The organisational beliefs and behaviours that shape your ways of working, and how you share
and receive information.
YOUR CULTURE AND COMMUNICATIONS
The people (skills and structure), processes (functions and activities) and infrastructure (physical
and digital) required to deliver value.
YOUR OPERATING MODEL
Short-term planning based on a high level organisational assessment and figuring out your
immediate next steps.
YOUR 30 DAY PLAN
To help not-for-profit leaders adapt in times of difficulty, we’ve developed a checklist of critical
considerations for each of these components. It may be useful to run through all six components or
you may have a shortlist that are most important for your organisation’s impact and viability.
7. S P A R K S T R A T E G Y P A G E 7
YOUR STRATEGY
What does a crisis mean for the community you serve and your geographic remit? In light of
this, do your vision and purpose hold true? Why or why not?
Are you well placed to respond to any emerging community needs or sector gaps? This may
not mean working alone and could involve unlikely partnerships. What assets do you have
that might be useful at this time? This could include things like distribution channel, data,
relationships, physical infrastructure etc.
Are your strategic priorities still relevant or do they need to evolve in line with social, political,
economic and technological developments? Consider a short-term pause on existing
strategies, if they need to be superseded by temporary changes.
During and after the crisis, how might you allocate your energy and resources between service
delivery, collaborative endeavours and systemic change? Can your role fundamentally change,
but your impact still be achieved?
Would a strategic review be beneficial? If yes, is this urgent, who should you involve and how
should you engage them?
Who can you learn from? Are there other organisations in your or other sectors who are
demonstrating leadership and innovation, or have managed well in a prior crisis?
8. S P A R K S T R A T E G Y P A G E 8
YOUR BUSINESS MODEL AND FINANCES
From an immediate survival perspective, have you applied for all relevant government
subsidies, and have you proactively re-negotiated any existing contracts that have face-face
commitments that can no longer be fulfilled in this context? It may be helpful reframing
contracts from activities or outputs to outcomes.
Consider how you explained your value proposition before the crisis by asking what
problem do you exist to solve and what benefits do you create for your stakeholders? How
does your value proposition stack up in the current climate?
How will your services, products and activities be impacted over the coming weeks and
months? Will demand increase, decrease or stay the same? Will you be able to market, sell
and deliver them as usual or do your channels need to change?
What revenue streams comprise your income model? What revenue opportunities or risks
will present themselves as the crisis unfolds? Do you have a corpus? Would you secure a
loan or other form of debt? Why or why not?
Considering individual donors and corporate partners may not contribute financially in
these times of crisis, how can you reframe your relationships to in-kind instead of cash
contributions?
If your services are not essential, would you close down for a period of time? Or could you
look to reduce costs such as salaries, rent and subscriptions?
Have you assessed your existing and potential partnerships, both informal and formal? Who
can you help and who could help you? What is your position on merger and acquisition?
9. To effectively respond to the crisis at hand,
what capabilities and expertise do you
need in the short, medium and long term?
Does the structure of individual roles,
teams and the overall organisation need to
change? Can you tap into the large pool of
skilled workers that may be looking for
volunteering opportunities?
Are new processes, policies or procedures
required in light of the crisis? Which of
these are the most urgent?
How does your digital infrastructure
(hardware and software) need to adapt? Is
training or documentation required to
support your staff to use any new
hardware or software?
Will you increase, enhance or minimise
your physical infrastructure, such as
buildings and equipment?
If monetary investment is required for any
of the above, does this align with your
business model and financial position?
Can you apply for capability building
grants, or seek venture philanthropy or
impact investing seed funding for the
research and development of new
initiatives?
S P A R K S T R A T E G Y P A G E 9
YOUR OPERATING MODEL
“The crisis has promoted organisational agility out of necessity. Red tape is gone, as we
are having to mobilise huge amounts of people in timeframes that don’t allow for rigid
processes.”
Mat Fitzgerald, Manager, Innovation, Department of Health & Human Services, Victoria
10. S P A R K S T R A T E G Y P A G E 1 0
YOUR GOVERNMENT ENGAGEMENT
Can you succinctly and apolitically articulate the role and importance of your organisation in
a crisis, and any direct or indirect support you need from government?
Does your organisation have a dedicated process in place for managing relationships with
elected and other government representatives? If not, have you identified the key
government stakeholders, how frequently you will engage them and through what
channels? If yes, does your approach need to be updated in a crisis context?
Is government engagement embedded across your organisation or is it the responsibility of
one or two people? If the latter, how could it be shared across your Board, Executive and
broader team?
Does your organisation track stakeholder (beneficiaries, clients/customers, members, staff,
Board Directors, partners etc.) and activity data to postcodes? If yes, do you map this data to
electorates and share it with elected officials and others?
11. Is your team committed to your
vision and purpose? Could this
be strengthened?
In comparison with industry
counterparts, how well does your
team live and breathe your
organisational beliefs, values
and/or behaviours? Where do
you stand when it comes to
levels of trust and flexibility?
How does knowledge flow
around your organisation and is
this supporting effective internal
communications? Are internal
communications going both
ways i.e. from your frontline staff
and broader team to your
leadership and back?
Is everyday decision-making
driven by your strategic plan?
What mechanisms support
decision-making and how do
these stack up in a crisis? Does
your decision-making need to be
sped up or slowed down?
What channels do you rely upon
for internal and external
communications? How can you
best communicate the critical
information to your audience?
How will you effectively be heard
through the noise generated by
others?
S P A R K S T R A T E G Y P A G E 1 1
YOUR CULTURE AND COMMUNICATIONS
12. S P A R K S T R A T E G Y P A G E 1 2
YOUR 30 DAY PLAN
Do you have a contingency plan you could roll out? If so, does this need to be tailored to
the specific situation at hand?
How will your service delivery change during and after the crisis? If there are different,
potential scenarios, what does each scenario mean for your services and key activities?
What is your high-level financial assessment of your reserves, and how your income and
cost structures are likely to change?
Based on service planning and your financial position, what are your short-term
priorities to drive community outcomes and support organisational viability?
Would your team and external stakeholders benefit from a one pager that summarises
your organisation, your value proposition, why/if your services are beneficial and relevant
in the current context, and a high-level overview of your revised, short-term plan?
“Our strategic response to the crisis has been led by remembering what is at the heart of
our model. Our impact isn’t necessarily selling solar lights, it’s empowering women
leaders in the community to serve the most neglected. We have reframed how we
achieve our impact, but we have maintained the same core purpose.”
Biheng Zhang, Director of Philanthropy, Pollinate Group
13. FROM HERE
We hope Part 1 in this series has been useful.
Our aim was to shine a light on the critical questions that for-purpose leaders should be considering in
these times.
Parts 2 and 3 will focus on how to prepare for what's next, so that your organisation can continue to
remain viable and deliver your impact, and so that together we can seize the opportunity for change.
S P A R K S T R A T E G Y P A G E 1 2
14. WHO IS SPARK STRATEGY
Spark Strategy is an agency for strategic thinking,
transformation and sustained action. We work
across the triumvirate of ideas,
capability and capital to catalyse social innovation.
With offices in Sydney, Melbourne and Darwin, we
help the not-for-profit, Government, Corporate and
Philanthropic sectors to unleash their potential, to
transform themselves and the societies in which
they live.
S P A R K S T R A T E G Y P A G E 1 3