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How to build momentum during tough economic times

We know it can be difficult to build corporate partnerships in this challenging economic climate. That's why we held a free webinar to support charities to build momentum during tough times. 

We heard from four inspiring speakers who are making progress right now: 

  • Louise Bingham from The Felix Project 
  • Rachael Ogden-Wilson from Sea-Changers 
  • Louise Colbran from Sussex Wildlife Centre 
  • Peter Chiswick from Remarkable Partnerships 

They shared these 10 practical recommendations: 

1. Think outside the box
Find creative ways to get your foot in the door and engage your prospects. For example, The Felix Project offers companies an intern workshop on food waste, which helps solve a problem for human resources teams struggling to find engaging activities for interns and graduates in their first week.

2. Know your value
Have confidence in the value of your charity and your brand. Create an internal matrix that outlines different partnership levels and the benefits you can deliver for each one. Then, review your levels to ensure you're not undervaluing yourself. For example, The Felix Project raised their minimum partnership value from £5,000 to £15,000.

3. Have the ability to say no
Louise Bingham’s first manager offered invaluable advice: “When is a gift not a gift? When it takes more than it gives!” Know when to say no and avoid wasting time on partnerships that drain your resources.

4. Create excitement
The Sea-Changers team meets weekly to brainstorm shared purpose and tailored activities for their prospects. This creative energy motivates them to engage with and follow up on leads. As Rachael puts it, “How can I get a company excited if I’m not excited in the first place?”

5. Focus and persist
Sea-Changers have increased their focus by identifying their top 10 prospects and putting them into a pipeline. They’re persistent because they know that building corporate partnerships requires playing the long game.

6. Engage with the cause
As a grant-giving charity, Sea-Changers have found it challenging to engage companies with the cause. To address this, they organised an online Project Showcase featuring four initiatives they've supported. Inviting corporate partners and prospects to this event was a powerful way to engage them emotionally.

7. Go back to your roots
Sussex Wildlife Centre developed a new strategy and is using it to engage companies. By sharing their strategy and discussing how it aligns with corporate partners’ values and goals, they identify common goals that can serve as the foundation for a meaningful partnership.

8. It’s not just about the money
Louise from Sussex Wildlife Centre has emphasized to her senior leadership team and trustees that corporate partnerships should be strategic and not solely about financial support. Companies can add value in many ways, for example, companies are helping Sussex Wildlife Centre with PR and IT support, and even providing an electric vehicle!

9. Don’t forget about your current partners
Sussex Wildlife Centre is reconnecting with current partners to understand what they want from the partnership. They're also hosting events where partners can collaborate, share ideas, and work together to move the charity forward.

10. Identify the company’s pain points
Understand your corporate prospect’s challenges. When you engage with them, uncover their pain points and position your charity as a solution provider. How can you help them with employee retention? How can you make them stand out from competitors? How can you help them meet their ESG goals? When you’re helping solve their pain you’re increasing your chances of success, because you are relevant to them and you’re a priority.

We hope these recommendations help you build momentum. Is there one you can use with your partners and prospects? Remember, success comes from taking many small steps in the right direction. You can take that first step today. 

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You can also:

  1. Check out our training courses: https://www.remarkablepartnerships.com/training/
  2. Connect with us on LinkedIn: Jonathan AndrewsGeorgina Oxlade and Peter Chiswick
  3. Join our mailing list for inspiration, insights and practical advice: https://www.remarkablepartnerships.com/newsletter-sign-up/

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.