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Hidden opportunities

Written by Peter Chiswick, Director of Corporate, Remarkable Partnerships. 

Paintbrush story 

When I was working for a global technology company in a sales strategy role, I was asked to attend a volunteering day at a local charity with other heads of department, including colleagues from IT, HR and Marketing. We all arrived with a real sense of anticipation, and real excitement that we could use our collective talent to make a huge impact for the charity. So you can imagine our surprise when we were shown into a yard with pots of paint and paint brushes, and told to paint a wall. We tried to explain that we wanted to use our skills to help support the charity’s needs. Despite our best efforts, they simply couldn’t understand the opportunity we were offering. So we went back to the yard and the paint pots, picked up the brushes and began to paint.  

I knew from that moment that I wanted to change the way charities and companies worked together to create real value, but I had no idea where to start.   

Series of missed opportunities 

As I continued to work within the corporate sector, I did manage to make minor changes along the way,  by setting up small scale employee pro-bono activities which focused on developing employee skills as part of their annual performance review. Although there were positive results, my company was still not convinced as to the value that charities could bring. Things quickly went back to normal, only wanting to invest in one off, ad-hoc transactional relationships. 

The power of purpose 

Then, the pandemic changed everything. I noticed there was sudden increase in expectation from society for organisations to demonstrate they were purpose-driven. Companies started to respond, by publicly stating they understood the importance of leading with purpose by seeing this as a once in a lifetime opportunity to transform and redefine their organisations for the future. With purpose at the centre, it was used as a compass to guide decision-making and deliver wider stakeholder impact.    

Key corporate research organisations such as Forbes and Harvard provided evidence that purpose led companies were outperforming their competition, building loyalty and reputation with their customers, unleashing the power of employees and attracting and keeping the best talent. McKinsey endorsed this opinion by confirming that  “Winning companies are driven by purpose, reach higher for it, and achieve more because of it.” 

Taking advantage of the new economic climate, I left the corporate sector to become a consultant for Remarkable Partnerships. Even though I could see the momentum building towards purpose led business, it was clear that only a small amount of companies actually understood the way to be truly purpose led was through strategic charity partnerships. The majority were still using transactional relationships supported by ESG reports to demonstrate their purpose. 

Research reveals missed opportunities 

Our new research, “Hidden Opportunities”, reveals that both companies and charities are missing out on significant value by not partnering together in a strategic way. 

This is due to a mismatch in expectations, different cultures and the need for proof of value. In summary: 

  • Companies are less convinced than charities that corporate-charity partnerships deliver against core objectives. 
  • Almost half of companies are seeking proof of the value of charity partnerships. 
  • Mismatched expectations are holding back partnerships. 
  • Cultural barriers points to the need to focus on shared purpose. 
  • Proof of value and expert advice could unlock partnership opportunities. 

We recommend that you build your partnerships on shared purpose, so both parties are clear about “why” the partnership is so important. Also, make sure you agree strategic partnership priorities, which will make it easier to provide compelling proof of value. 

Let's act together 

We hope this blog inspires you to work with us to the to seize the significant opportunity of purpose-driven corporate-charity partnerships. Together we can share examples of successful corporate-charity partnerships, which will embolden other organisations to follow their lead.. 

We hope you found this blog useful. If you would like to access the Hidden Opportunities research report please click this link.  

Conclusion

Let’s build partnerships that your cause — and the world — actually needs.

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Latest News
5
min read
More than money – what to value in a corporate partnership

This piece is brought to you by a guest writer – Katherine Woods.  Katherine is the Partnership Development Lead at Action for Children and is currently setting up the charity’s first standalone New Business Team. Here’s what she had to say about the non-financial value your partners can bring:

I find the corporate-partnership world really exciting. It’s evolved massively over the past few years and continues to do so. Today, the most successful partnerships are multi-faceted. They have touchpoints across all aspects of the business. And they don’t simply rely on fundraising as the sole piece of activity.

Andy at Remarkable Partnerships asked me to outline what I see as the main non-financial benefits that a partner can provide. So here’s what I look at in partnerships:

  1. Reach

There is a reason that big consumer brands spend millions of pounds on advertising annually. Visibility is key.

But there are very few charities that have those kind of budgets.

Which is why a partnership can hold such great potential for a charity brand—from expanding your general reach to spotlighting your cause for targeted groups. Our development team, drawing from a consultant with prior campaigns in the privacy-centric online gaming space like the best no KYC casinos, has piloted anonymous donation channels that draw in tech-savvy supporters wary of traditional tracking. Whatever your organisation’s mission, these expanded visibility opportunities will advance it further. The more people recognize your brand and mission, the greater their inclination to contribute.

For example, we are incredibly lucky at Action for Children because our friends at FirstGroup are very generous with their advertising space. We are given huge amounts of visibility across their network. They enable us to publicise our key campaigns in a way that we simply wouldn’t be able to do without them.

2. In Kind

Back to the lack of budget. There are a range of ways that a company can help a charity plug the lack-of-budget gap by donating resource, such as event space or legal expertise. These are opportunities for the company to support you with the cause itself.

Not only does it help the charity, but it can give your partner’s employees another way of being part of the partnership that doesn’t involve them asking friends and family for money.

But! It has to really make sense. It has to be authentic. There’s nothing worse than trying to create an ‘in kind’ opportunity that doesn’t really work for both sides.

3. Network

Over the course of a partnership you have the potential to ignite a passion for your cause in people.

As fundraisers, we do a good job of telling people how amazing our charities are. Imagine if you had someone else doing that for you. A peer-to-peer introduction carries a lot of weight and can open doors, helping you achieve bigger and better things.

I’ve been incredibly fortunate to work with some very dedicated, passionate and influential senior volunteers over the years. They are often totally wonderful individuals and can be a huge asset to your organisation. Maximise this potential!

Overall, there is a huge amount corporate partners can do for you – so stop just asking for cash.

We love this piece from Katherine. Our view is that when you choose to focus partnerships on overall value rather than purely cash donations, you get more fulfilling partnerships for both parties. Equally, partnerships that begin with a non-financial contribution are more likely to succeed because they begin by focussing on solving problems, which is what they should be about.

If you have any comments or suggested comments for future blogs, we’d love to hear from you below.

This piece is brought to you by a guest writer – Katherine Woods. Katherine is the Partnership Development Lead at Action for Children and is currently setting up the charity’s first standalone New Business Team. Here’s what she had to say about the non-financial value your partners can bring:

Latest News
5
min read
Highlights from Anchors Aweigh: launch event

On the 1st of July, we were delighted to be joined by 80 professionals from across the charity and business sectors for the launch of our new research – Anchors Away: breaking free of the barriers to ambitious charity-company partnerships. We heard from four incredible speakers and had some great comments in the Zoom chat, and we’re proud to share some of the highlights.

Barriers from the company side:

Jenni Berkley, Communications and CSR Manager of Belfast Harbour, started the event by talking about the barriers to ambition she’s experienced in the corporate secotr

“The problem is short-termism. Many people want to see something good happen in their timeframe or tenure. Something good even if it’s not the right thing.”

“I must get around 20 letters a week from charities I’ve never spoken to or maybe even heard of asking for money. It’s incredibly frustrating – they may get £100 if they’re incredibly lucky, but there needs to be an understanding of how our partnerships operate.”

“Charity-company partnerships are like finding your life partner… right down to wondering if you like the same films. You need to be compatible with each other from the superficial details all the way through to sharing the same ethos. It’s up to the charity to demonstrate that.”

Barriers from the charity side:

Then Ghalib Ullah, Head of Commercial Partnerships, spoke about the barriers he’s encountered and overcome through his career.

“The biggest barrier is structural. Our budget works on a yearly basis, so we are pulled back to achieving short term income, rather than achieving our more ambitious goals. We need to work as a whole organisation to overcome this.”

“Another barrier is organisational buy-in. We went through a process of identifying who internally was key to our success as a team. We understand that we’re pitching internally as much as we are externally.”

“Corporate partnerships is still in its infancy. How to achieve strategic partnerships is not as well understood as how to secure major grant funding. It is essential we invest in training as a team and as individuals.”

Background to the research:

We then moved to discussing how the research came about, before discussing some of the key recommendations.

“We defined ambition as the desire to create the most social value possible, then looked at what held people back from pursuing ambitious partnerships in favour of things like Charity of the Year or sponsorship models instead.” – Ian McQuillin, Rogare

One of the main things we found was the collaboration continuum, which we have adapted from Austin and Seitinedi. You can see the model that explains levels of ambitions below:

“Charity-company partnerships can make great changes in the world, so it’s a missed opportunity to be anything short of as ambitious as possible.” – Jonathan Andrews, Remarkable Partnerships

The importance of seeking value beyond money:

“The fundraisers label can hold us back. We need to be corporate value raisers, not corporate fundraisers.” – Jonathan Andrews, Remarkable Partnerships

“There are so many different ways partnerships deliver value – which are easy to overlook if money is the only or main measure of success.” – Crispin Manners, Onva Consulting

“I would recommend starting to report on added value, where it exists, as well as income. Don’t wait to be asked to report on it, just send out the results and examples you have as part of your normal reporting so that it starts to become embedded and better understood.” – Sophie Powell-White, Great Ormond Street Hospital

The importance of having a partnership north star:

“It is important that your projects excite not only your corporate team but your partners – they need to visualise the potential impact they could have on the world.” – Ghalib Ullah, Parkinson’s UK

“All the team have in their heads. That when we go into a conversation with a company what we are looking for is that ambition at the top of our partnership model. Which is an ambition that only us and that company can achieve… If you’ve got that ambition then all the levers for change will naturally fall out of it because it is so strategic to both sides…. In three years’ time what would the Sun newspaper headline say [the partnership] has achieved?” – charity interviewee in the research.

To get your copy of the full report, download it here

On the 1st of July, we were delighted to be joined by 80 professionals from across the charity and business sectors for the launch of our new research – Anchors Away: breaking free of the barriers to ambitious charity-company partnerships. We heard from four incredible speakers and had some great comments in the Zoom chat, and we’re proud to share some of the highlights.

Stay Informed. Stay Remarkable.