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.
Calling for reforms in the Engineering Department of BMC, Mumbai Vikas Samiti, a not-for-profit organisation has said that less than optimum performance of Engineering Function has added to the woes of citizens and deterioration in the quality of life in the metro. In its recently released r
Hailing the Maharashtra government for introducing a bill to amend the Insecticide Act, 1968, Pesticide Action Network (PAN) India has called the amendments ‘very focussed’ and urged the state to expand their scope to address other challenges. The bill, introduced in the a
`Garba of Gujarat` has been inscribed in the Representative List of Intangible Cultural Heritage (ICH) of Humanity by UNESCO, under the provisions of the 2003 Convention for the Safeguarding of Intangible Cultural Heritage during the 18th meeting of the Intergovernmental Committee for the Safeguarding of t
Since its inception, Citizen Financial Cyber Fraud Reporting and Management System has witnessed more than 12.77 lakh complaints registered (till November 15, 2023), and has saved more than Rs. 930 crore in more than 3.80 lakh complaints. This was stated by minister of state for home affair
Impacts and implications of Climate Change Vulnerability in the Himalayan Region and ways of creating ‘Climate Resilient Development in Indian Himalayan Region by making mountain communities green and resilient were discussed the side event hosted at the India pavilion at the UN Climate Conference CO
Air pollution in Delhi has been in headlines, as every year in recent times. Mumbai too has suffered from air pollution, despite being a coastal city. Apart from many other metros such as Bangalore and Kolkata, tier-I and -II cities and rural areas also have high pollution levels. Every year reports and st