I Think I'm A For-Benefit Org
Welcome to Fourth Sector gives a sense of a new perspective of the Fourth Sector, the place that weaves and bridges across the earlier concepts of non profit and for profit.
I think Full Circle Associates is a "For-Benefit."For-Benefits are a new class of organization. They are driven by a social purpose, they are economically self-sustaining, and they seek to be socially, ethically, and environmentally responsible.
Like non-profits, For-Benefits can organize in pursuit of a wide range of social missions. Like for-profits, For-Benefits can generate a broad range of beneficial products and services that improve quality of life for consumers, create jobs, and contribute to the economy. For-Benefits seek to maximize benefit to all stakeholders, and 100% of the economic "profits" they generate are invested to advance social purposes. Because of their architecture, For-Benefits can embody some of the best attributes of other organizational forms. They strive to be democratic, inclusive, open, transparent, accountable, effective, efficient, cooperative, and holistic.
For-Benefits represent a new paradigm in organizational design. At all levels, they aim to link two concepts which are held as a false dichotomy in other models: private interest and public benefit.
posted by Nancy White at 8:11 PM
1 Comments:
Lace Brogden (http://www.educationaltechnology.ca/brogden/) offered this comment, but due to technical foo, I'm posting it!
"Thanks Nancy,
This little (in length, big in ideas) entry has me thinking...
weaving - leanings of a feminist, postmodern metaphor - and bridges - a
wonderous, modern, dichotomy sustaining metaphor... together, on the
page, drawing in, pushing out, both/and...
new paradigm - is it new? was there something other than the
private/public dichotomy that proceeded it? Is a paradigm by nature a
concept busting entity, rather than an iteration? If so, what becomes
the role of reproduction?...
and, the most enticing, "the architecture of For-Benefits" - would love
to read more from you on this... I'm thinking of a complexity
architecture -- of course, don't yet know what that means, but it is
what comes to mind -- how does/might a complexity architecture of the
Fourth Sector operate?
Many questions, no answers, thanks for the thinks."
Thanks, Lace!
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