From shareholders to employees, stakeholder expectations for companies to be a force for good in communities continues to rise. This is causing an urgent need for purpose to become fully embedded throughout a company’s DNA. Take a look at three trends we see taking shape for 2022.
DEI has topped the corporate purpose agenda for the last 18 months as stakeholders are increasingly holding companies accountable for their policies and actions. Partnerships can not only help companies avoid common mistakes and connect companies to the communities most underserved, but they can also help nonprofits extend their own DEI resources with further support.
The latest For Momentum annual Social Impact Stats Compendium is now available. Don’t miss the data and key trends it offers to help drive your partnership success in the year ahead. You’ll get nearly 100 valuable insights in an easy-to-use reference format you can return to again and again.
We wanted to dig a little deeper to see how nonprofit organizations are reacting and how they are adjusting their own diversity, equity and inclusion (DEI) policies. In late July For Momentum held intimate roundtable discussions with corporate partner practitioners to discuss how DEI issues are influencing their relationship development process. Much of the discussion centered around how these issues impact their corporate vetting and funding acceptance policies.
Our agency has long advised that corporate partner policies are an essential tool that not only make procedures more effective, but also ensure proper stewardship of an organization’s reputation and maximize effectiveness. There are many practical benefits that can be derived from purposeful corporate partner policy development. Over the years we’ve shared best practices including corporate partner policy checklists, scorecards and other tips and tools. Now would be a good time to do a policy tune up. There’s time to make adjustments that can go a long way in accelerating activities and creating operating efficiencies as we head into the busy fall and year end season of giving.