Insights

Amplifying the impact of local Community Based Organisations (CBOs)

While NGOs are often huge and global, with big budgets, CBOs are usually small and local, and almost always cash strapped. Where NGOs often reach across borders, CBOs tend to be embedded in communities, which is one of the greatest strengths they bring – a strength that can be an invaluable asset to organisations undertaking or assessing the impact of corporate social responsibility initiatives in those communities. Yes, CBOs have their shortcomings too, mainly in the form of limited financial and business skills, but this is one of the ways that Business can contribute to CBOs in return for leveraging their community credibility. Charity Sathekge, who is both a full time employee of G3 Business Solutions and actively involved in her own CBO, explores how collaboration between Business and CBOs can benefit the community, strengthen the CBO and drive value for Business.

Read More »Amplifying the impact of local Community Based Organisations (CBOs)

Social Performance: from pipedream to scorecard reality

The shared value penny has dropped. Making a profit while solving social problems is not only possible, it is the only sustainable form of capitalism. Shared value is not about sharing the value already created by firms. This redistribution of a share of profit (1% NPAT) is corporate social investment (CSI). Shared value is about expanding the total pool of economic and social value. It is increasingly done through innovative business models on the African continent and take on different shapes and forms depending on industry and business purpose. Accountability for socio-economic performance management is facilitated by a wave of contextual factors, with socially conscious investing likely to be the biggest catalyst for change. But what does this mean for you and me?

Read More »Social Performance: from pipedream to scorecard reality