Monday, May 11, 2009
Re-Thinking Charity - Dan Pallotta - HarvardBusiness.org: "But the sad reality is that, with a few minor exceptions, business has not yet come to charity. It is not the fault of charity. For well over a decade it has been popular to preach to charities that they should act more like businesses, but the truth is, society won't permit it. And it's not likely to do so without a serious re-visiting of our fundamental canons about charity. What we mean by 'act more like business' is really, 'focus more on lowering overhead' — the opposite of what it takes to grow a successful business."