While charity often focuses on immediate good, few leaders acknowledge the sector’s silent crisis. From eroding public trust and outdated governance to talent gaps and financial instability, this article reveals why embracing business principles isn’t just smart—it’s essential for the sustainable future and amplified impact of charities worldwide.
The Sector Convergence Model
In tackling the intricate challenges that often transcend sectoral boundaries and functional divisions, the Sector Convergence model has emerged as a strategic framework offering innovative solutions. Traditional problem-solving methodologies and industry practices often fall short when confronted with the complexities of modern business landscapes. The Sector Convergence model addresses this gap by providing business leaders with a holistic approach that integrates insights from diverse industries. Particularly effective for addressing multifaceted problems that defy standard practices, this model fosters collaboration and leverages the strengths of different sectors.