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Aren't win-win strategies
the same as philanthropy or strategic philanthropy?
No. Win-win strategies typically involve the allocation of resources
from company operating budgets, not philanthropic budgets or corporate
foundations. Investing these resources yields a financial return
for both companies and communities.
How can this Web
site showcase my company's win-win strategies?
The Ford Foundation’s Corporate Involvement Initiative focused
on sharing new and innovative win-win stories from as many companies
as possible with business executives, thought leaders, and the media.
Contact Laufer Green Isaac,
which is spearheading communications for Win-Win Partners, at LGI@lauferpr.com.
Do businesses need
to partner with a nonprofit organization to be effective?
Many companies find the unique experience, information, and resources
that these organizations have to offer to be invaluable in making
decisions about win-win strategies. Check out what CEOs from Bank
of America and Xerox have to say about the added value of working
with such organizations.
Aren't these programs
best suited to economic boom times?
Win-win strategies can help companies meet their business challenges
during any economic condition. Whether it is finding high quality,
cost efficient suppliers or identifying new markets that have traditionally
been underestimated and overlooked, companies can use win-win strategies
to be more competitive in the marketplace. State Farm is an example
of a company whose commitment to win-win strategies intensified
after the economic challenges and the attacks of September 11th.
Are win-win strategies
local, regional, or national in their scope and influence?
Many companies employ win-win strategies on a national basis. Other
companies use specific strategies that are customized for a regional
office/plant/facility or the community around corporate headquarters
(Eaton). Still others use these strategies on a city-by-city basis
to fuel expansion and penetrate new markets (Target). The decision
to employ these strategies on a local, regional, or nationwide basis
is strictly based on the most appropriate solution to specific business
challenges.
Sometimes, groups of companies come together to address common local
or regional challenges such as a lack of a qualified workforce.
Manufacturing companies such as those found in the greater Cleveland
area or diverse businesses involved in the St. Louis area use this
approach.
Where can I go for
more information?
Links to various corporate
and nonprofit Win-Win
Partners are contained throughout this site. Additional inquiries
can be directed to
Laufer Green Isaac, the communications consultant for the Ford
Foundation’s Corporate Involvement Initiative at LGI@lauferpr.com.
Why does the Ford
Foundation care about business?
In the words of Melvin Oliver, Vice President of Asset Building
and Community Development at the Ford Foundation, “we are pleased
to be a part of a growing number of foundations that recognize that
business is part of the solution in trying to make lasting and positive
changes for low-income people and communities. At the same time,
we are aware that this is not the entire solution; government also
plays a catalytic role.”
What is the Corporate
Involvement Initiative? Why is the Ford Foundation involved with
this?
Between 1996-2003, the Ford Foundation's Corporate Involvement Initiative
(CII) encouraged investment in economic development projects that
benefit businesses and communities. The long-term goal of the CII
was to increase the use of core operating resources and capacities
of business to build human and financial assets for low-income individuals
in the United States. For more, see about
us.
Is it the Ford Foundation’s
position that corporate philanthropy has been ineffective?
Absolutely not. The Foundation also supports the development of
corporate philanthropy. Corporate philanthropy is one tool for restoring
economic and social imbalances, while the “win-win business
strategies” highlighted in this Web site are another kind of
tool. Very often, core operational resources (purchasing, hiring
and training, product development and marketing, site location,
etc.) exceed corporate philanthropic budgets and therefore have
the potential to have enormous impacts when they are targeted to
benefit low-income communities. Corporations should be commended for their generosity and commitment
to these communities. The people who live there have benefited greatly
from corporate donations. The Ford Foundation continues to advocate
and support corporate giving programs.
What is the relationship
between Ford Motor Company and the Ford Foundation?
The Ford Foundation and the Ford Motor Company are separate and
independent organizations, with distinct managements and boards
of trustees. There is, however, an historical connection. The Foundation
was established by Henry Ford and his son Edsel. The Foundation
no longer owns Ford Motor Company stock and no affiliation exists
between the two organizations.
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