New report highlights emerging trends in India’s social sector
GN Bureau | November 1, 2018
The corporate social responsibility funding in India is poised to grow to Rs 20,000 crore over the next three years. That is the estimate made by a new report that also says CSR funding has been growing at the rate of 9 percent a year.
With the philanthropic ecosystem becoming increasingly active over the last few years, there is a perceptible increase in size and nature of funding support in the sector, finds ‘Social Impact Multipliers Report’, which is billed as “India’s first holistic report that identifies and addresses the unique challenges and gaps in the social sector”.
The inferences have been drawn through a detailed analysis of perspectives from leaders, funders and ‘enabling organizations’ in the social sector, says the Indian School of Development Management (ISDM) which partnered with Sattva Consulting to carry out this rigorous qualitative empirical study to gather a deep understanding of the trends and current experiences of leaders in India’s social purpose organizations to meet the rising talent demand.
The report, launched in Mumbai on October 26, brings together insights and provides recommendations for funders, leaders of SPOs and key stakeholders in the social sector space on leadership development and talent management so as to enable social organizations and corporate foundations for larger transformative impact.
With 33 lakh non-profit institutions (NPIs) employing over 1.82 crore people, supported by contributions from funders, enabling organizations, the government, and businesses, India’s development sector is one of the largest and most active social economies in the world. It has a huge potential to become an aspiring and mainstream career option for India’s young leaders and managers.
Key highlights of the report:
• Evidence from 120 leaders and 30 CEOs on how they would look at essential competencies to become development leaders
• The report provides an analysis of competencies, skills, and knowledge areas that leaders deem important and those they actively seek to develop in order to lead effectively for the present and future.
• Hiring talent at senior levels is a constant challenge related to compensation, matching expectations, and access.
• Empowering leaders to take charge of their own development ushers in a sustained learning culture.
• Leadership talent is a fundamental requirement, and a challenge in the sector. Respondents are appreciative of ecosystem initiatives helping to increase the leadership talent pool including fellowships, immersive experiences, and, training and education programmes.
• A key area for leadership development is in being able to attract millennial talent and nurture them to be social impact leaders within organisations.
• Most of the challenges recorded by the study are related to garnering resources.
• Skills and competencies required to engage with the intersectionality.
• Hiring and transitioning organisational talent at senior levels as well as retention of this talent through building an organisation culture of integration and collaboration.
Most of us have paid at least one visit to a health facility. It is easy to identify quality care when we receive it – an attentive doctor, a responsive team of health workers, adherence to hygiene and safety protocols, and so on. Unfortunately, not everyone has access to high quality care, a situati
Published ahead of World TB Day (24 March 2019), The Lancet Commission on Tuberculosis estimates that there are significant financial benefits of reducing TB mortality. With the country shouldering one-fourth of the global burden and a predominant number of patients accessing care in the private sector, th
India is unhappier than ever before. The United Nation`s World Happiness report 2019 has ranked India at the 140th position from the previous 133 in 2018, dropping seven spots in just a year and 23 positions since 2015. Out of the total 156 countries that were covered, India`s
Releasing a booklet on the railways achievements in the last five years, railways minister Piyush Goyal may have painted a rosy picture, but that does not subtract from its many troubles, chief among which is its worsening operating ratio. The ratio is of working expenses to tr
SAIL has rolled out stainless steel smart garbage bins, which will display signals to the collection vehicle about the ‘fill-up’ position. A smart garbage station will be set up at Bhikaji Cama Place, which is being developed by SDMC (South Delhi Municipal Corporati
Prime minister Narendra Modi recently inaugurated a civil enclave at Hindon airport in Ghaziabad. The development of new civil enclave at Hindon airport is aimed at reducing the burden of Delhi’s IGI Airport and will also serve the passengers from Delhi NCR and Uttar Pradesh. Hindon