Tag Partnerships

How to incorporate philanthropy into your business plan

Corporate social responsibility has become more than just a buzzword – an increasing number of companies are choosing to do business in a socially responsible way, and this can include making philanthropy a core part of how your organization operates. When you’re looking at incorporating philanthropy into your business, it’s important to approach it in a meaningful and deliberate way. Philanthropy is not just about throwing money at an issue and hoping that it makes a difference. It’s about making a connection and having a tangible impact.…

How public-private partnerships can increase business relevance

Public-private partnerships (P3s) are growing in popularity across Canada. While there are many different kinds of partnerships, the Head Foundation defines a public-private partnership as “a contractual relationship between the public and private sectors for a specific project, with clear roles for all partners and defined outcomes.” Traditionally, P3s were used to create physical infrastructures, operate and maintain schools, hospitals, transport systems and water and sewage systems. However, today, they have evolved into the education sector. In the education industry, P3s have proven their value by supporting…