How to unlock power of S'pore non-profits
NPOs must recruit a thriving community of advisers from the private sector, and get the best and brightest to join them.
SINGAPORE'S non-profit sector is growing up as local non-profit organisations (NPOs) gradually evolve away from reliance on public funds and fill a critical gap, providing education, social services and healthcare to an expanding number of people in need.
But as they mature and become more independent, NPOs are also gaining a better understanding of what limits their impact. A fundamental issue: making charitable donations and volunteering is still relatively novel to many in Singapore. Also, NPOs' future success depends on recruiting and accepting help from the private sector as well as on professionals' willingness to step up.
Last year, Bain & Company - in collaboration with the Centre for Non-Profit Leadership (CNPL) - conducted its second survey of Singapore's NPOs, generating valuable insights into the state of non-profits and the best strategies to unlock their full power.
TRENDING NOW
Tiong Woon’s next heavy lift: S$200 million revenue by FY2030, as it expands beyond crane rental
PM Wong to visit Jakarta on Monday for annual leaders’ retreat with Indonesia’s Prabowo
Malaysian tycoon Vincent Tan’s sell-downs point to pruning rather than an exit plan
Beyond US-China rivalry: triangular geopolitics of critical minerals is reshaping global trade