The private sector offers more than just deep pockets to the quest for global education; companies have talent, resources, and new ideas to share.
When companies deploy the same processes they use to create commercial value to create philanthropic value, they can truly help charities achieve their social missions.
In the West, most wealthy entrepreneurs prefer to give to specific individual causes, by establishing their own foundation, family office, or donor-advised fund. Most Chinese entrepreneurs, by contrast, would rather work together and pursue philanthropy collectively.
The convergence of shifting corporate social responsibility trends, untapped NGO value, and pressing development challenges holds tremendous potential for driving social impact and business innovation.