The not for profit sector is a topic that has been frequenting mealtime conversation in my circles lately. So, when I watched Dan Pallotta’s TED Talk about (in his words) “how the things we’ve been taught to think about giving and about charity and about the non profit sector are actually undermining the causes we love and our profound yearning to change the world”, I was struck by how ripe the conversation was and how strongly his words resonated.
In a time when the new generations entering the workforce are increasingly driven to find fulfilling work that ties into social good, and organizations are faced with growing pressure to operate more transparently, taking into account a deeper set of social, environmental, and financial responsibilities… the social good and cause sector is evolving far beyond just philanthropy and sponsorship. It is becoming an integral part of business, our social fabric, and an expectation. The not for profit sector can’t help but also experience a shift alongside this evolution.
Pallotta has a great deal of experience and expertise in the area being the intellectual powerhouse who invented the multi-day charitable event through AIDS Rides and Breast Cancer 3-Days years ago, and activated a tremendous amount of support and participation through his events and initiatives. But these successes were not without their challenges – which he gets into in his talk.
Aside from perfectly articulating the core disadvantages he feels the charity-sector faces, Pallotta sends a compelling message about how we think about charities, giving, and not for profit and the ideological shift required to really make a difference. It’s inspiring.
At the heart of his talk, Pallotta speaks to five major areas where non profits are disadvantaged when compared to for profits. Read more