ESG Reporting & Engagement | Entrepreneur - Hoops Relooped | Views expressed are my own
#WednesdayWonderings When I’m asked about why I choose to work in corporate, this is my standard answer: “I want to make a difference in people’s lives. I don’t want to work for a charity or not-for-profit (NFP) because I don’t want to be focused on one thing and I want to be able to make a decent salary. I think Government is too slow and hamstrung by politics. So that leaves corporates - with money to do stuff and I can make a good living”. This statement is exactly what’s wrong with how charities and NFPs are expected to behave. They’re expected to have a huge impact, but operate on skeleton funding. Last week I had the opportunity to watch #unCharitable hosted by PwC Australia This doco-movie completely changed my opinion and understanding of how NFPs should be run. Dan Pallotta tells his story of running a multimillion dollar, American-wide successful charity that was destroyed by media criticism of the cost of ‘overheads’. He breaks down how NFPs are held to a different moral standard to for-profits whilst being expected to do so much more. He gives us the economics of how spending money on salaries, plane tickets, offices, marketing etc allows charities to raise so much more money and help more people - yet are socially ridiculed. It includes heartbreaking stories of people like you and me doing amazing things, only to be pulled apart for the sake of a good media story. It then tells us how we have to change our thinking, focus and scrutiny of charities and NFPs away from ‘what’s their overhead’ to be what’s their dream? What’s the potential? What’s their impact? If we can’t pay the best minds, thinkers and problem-solvers to work for NFPs, we won’t entice them. If we don’t entice the best minds, thinkers and problem-solvers to work in NFPs and charities, we won’t solve anything. I was humbled and honoured to watch this movie - and had my opinion changed too. Watch Dan Pallotta’s Ted Talks here - https://lnkd.in/gnWdxe8H Learn more about Uncharitable here - https://lnkd.in/gVu4bENz Read the book, Uncharitable, here - https://lnkd.in/gGfqXWza
