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Seize the pandemic partnership opportunity

This hasn’t been the start of the year that we’d hoped for. We’re in the middle of a global pandemic and many countries across the world are in lockdown.

If you are a fundraising director or CEO of a charity, you could be forgiven for thinking that there isn’t much of a corporate partnerships opportunity right now. After all, many companies are really struggling. So perhaps you shouldn’t invest in corporate partnerships at the moment and maybe you should put some of the team on furlough.

Our response is don’t do that! There is a glimmer of light in the middle of this darkness. Because the corporate partnerships opportunity is ENORMOUS right now, for reasons that we explain below:

It’s time for purpose

This is the age of purpose. Purpose-driven business was important before the coronavirus arrived, but in the middle of the pandemic, it is more important than ever. That is because companies who have been saying that they are good corporate citizens and care for their community and employees are now under the spotlight. The following quote from McKinsey & Company sums it up brilliantly:

“the opportunity for businesses to make a… mark with human support, empathy and purpose, is greater than it has ever been.”

There are some brilliant examples of companies making an extraordinary response to the pandemic, such as Bloom & Wild’s inspirational new partnership with Carer’s Trust which is aiming to raise £150,000 over the next 12 months. Now is the time for companies to make a genuine and meaningful impact and a partnership with a charity is the perfect way make that happen.

Charities can help solve companies’ problems

Throughout the pandemic, companies are largely falling into two camps: those who are thriving (such as food delivery, gaming, technology and home fitness) and those who are struggling to survive (such as clothes retailers, travel and hospitality). Though we may think to focus our efforts on those companies doing well, there are significant opportunities with the struggling camp too.

These companies have major problems that your charity can help solve. For example, the pandemic has accelerated the move to digital as so much of our entertainment, communication and purchasing is taking place online. Many companies have a poor digital presence and they need to solve that problem quickly. However, social media posts about their products and services are likely to be quite boring, whereas partnering with a charity who shares their purpose could provide them with inspiring stories and meaningful content which will be much more engaging.

Business leaders want to make an extraordinary response

The first wave of the pandemic brought home to us how connected we are as a community – which led to individuals going out of their way to help others, country-wide claps for the NHS and the individuals at the top of businesses providing an extraordinary response to those in need. One of the best examples we saw was Gym Shark supporting Birmingham Women’s and Children’s Hospital with their #SweatySelfie campaign. To date, it has raised over £180,000, and enabled hundreds of people to feel involved by making a difference.

Now we are in the second wave of the pandemic, it is vital that companies continue continue to respond. Charities are facing a huge challenge, because there is a rise in demand for their services and yet many fundraising activities have been cancelled. And many people can see that there are those who are worse off right now, so they feel a deep desire to provide support. These people include business leaders, who really want to provide an extraordinary response in the pandemic. But they have to be given the opportunity. So, we urge you to identify those companies who share your purpose and approach them with an inspiring opportunity to partner in the pandemic. Give them the opportunity they are looking for.

Employee engagement is vital

Employee engagement isn’t just a priority for business. It is THE priority. If your people are motivated and inspired they will be more productive, they will stay with you longer and they will promote your organisation as a great place to work. In fact, MIT research shows that companies with a highly rated employee experience achieve twice the innovation, double the customer satisfaction, and 25 percent higher profits than companies with a low rated employee experience.

Keeping employees engaged can be a challenge at the best of times, but now so many people are working from home it is even more difficult. A partnership with a charity can be a really creative solution to motivating employees. Raising money or volunteering to help good causes can have a transformational effect on an individual and teams. And if this is instigated by the employer then it will remind employees why they feel proud to work for that company.

Businesses are actively looking for new opportunities

Especially as we enter a new year, business leaders are looking for ways to stand out from the competition. The question on every leader’s mind right now is “how do I ensure that 2021 is a positive year?”

Your partnership could be the answer they need. By helping them realise that it’s time for purpose, by solving their problems, by engaging their employees and shaping their response to the pandemic – there has never been a better moment. Businesses need charities right now as much as charities need businesses. So we recommend you act now to seize the enormous partnerships opportunity in the pandemic.

If this blog has inspired you and you want more knowledge, tools and ideas to seize the pandemic partnership opportunity, we recommend you attend Corporate Partnerships Everywhere on the 25th February 2021.

Conclusion

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

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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:

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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.