Monday, May 30, 2011

Press Release::Private Sector Must shift mindset to grow third sector

Private Sector is stuck in thinking that 'for profit' companies provide contracts and chariity has to be given too. however, the third sector converges 'doing good and doing well'.  Applying the commerical skills of business to the social challenges of our time. 
An efficent company can make good profits from serving third sector companies, those who have chosen a 'for profit for Social Good' model.
Ambassador G Wallace Hope gave a speech to the Global Logistics industry in Dubai, UAE, blowing up the walls between the private and public sectors to encourage more international collaboration to make global supply chains green and sustainable.
Top 10 'thought shifts' for the private sector

1) Stuck in For Profit/Non Profit business models

2) Private sector must blow up the ‘internal walls’

3) Private sector must shift to 3rd way

4) Willingness to co-operate and collaborate

5) For Profit for Social Good

6) Applies the best practice of private sector

7) Leverages  financial instruments to release 3rd party private sector financing to

fund contracts

8 )Focuses on serving the social needs

9) Sees opportunity and profit in ‘doing good’

10) Finds unused capacity and sells it to Social Development sector

Queen of Green is a global green cooperative brand,a network of green stakeholders from 29 diverse sectors who share a common goal of transforming their world. We unite 29 stakeholder groups to cooperate and collaborate to implement 14 Socialdevelopment Programs that will improve the quality of life for 200 million of the world's poor. Ambassador Hope developed the new Foreign Empowerment Policy for President Obama, Organizing for America and the G20 leaders. Ambassador Hope has developed a Social Investment Portfolio of 14 programs to empower the poor in 70+ countries. She passionately believes in empowering the talent and skills of the poorest of the poor to become green and sustainable. By integrating the development process to ensure energy, food, and health security is combined with education and micro-enterprises for economic security it is possible to mobilize millions of citizens to be the change they want to see in the world.

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