Navigating the Future : Making Headway on Sustainability for Social Accountability Organizations / Lester M. Salamon.

Format:

Book

Government document

Author/Creator:

Salamon, Lester M.

Contributor:

Geller, Stephanie.

Sokolowski, S. Wojciech.

Series:

Other papers.

World Bank e-Library.

Language:

English

Subjects (All):

Corporate Social Responsibility.

Private Sector Development.

Social Accountability.

Social Development.

Transparency.

Local Subjects:

Corporate Social Responsibility.

Private Sector Development.

Social Accountability.

Social Development.

Transparency.

Other Title:

Navigating the Future

Place of Publication:

Washington, D.C. : The World Bank, 2014.

System Details:

data file

Summary:

This paper seeks to shed new light on the sustainability options, and particularly the financial sustainability options, potentially available to a particular set of social accountabilities (SAcc) organizations. Such organizations tend to operate in less-developed regions of the world and often in situations in which governmental accountability structures and traditions are far from fully established. Though intended as a preliminary thought piece rather than an empirical survey of practice even among this limited array of organizations, the paper nevertheless draws on a wide variety of sources, including a substantial body of literature, numerous interviews, organizational websites, and an analysis of recent trends in nonprofit finance to suggest five concrete strategies that SAcc organizations of this type can usefully consider. The five strategies for SAcc organization financial sustainability can be discerned: (a) Building the brand; (b) selling social accountability services; (c) selling by-products of social accountability services; (d) selling government savings; and (e) securing and managing assets.