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 sectors
divisions within society based on the primary purpose of organizations within the division
cross-sector partnerships
programs, strategies and relationships in which organizations and people from
more than one division work together to solve society's greatest challenges.
>> PUBLIC-PRIVATE PARTNERSHIP, SECTOR-SWITCHERS, SOCIAL INNOVATION, SOCIAL VENTURE PHILANTHROPY
- Public Sector / First Sector
Government, government-funded agencies
Purpose: to represent, protect, and serve The People.
- Private Sector / For-profit businesses
Businesses whose primary mission is profit-making.
>> CORPORATE SOCIAL RESPONSIBILITY
- Nonprofit Sector / Third Sector
Purpose: to improve the lives of individuals and communities.
>> CIVIL SOCIETY, NGOs/NON-GOVERNMENTAL ORGANIZATIONS, NONPROFIT ORGANIZATIONS
- Fourth sector / For-benefit sector
Social enterprises operate to benefit society AND sustain
themselves financially and environmentally.
>> TRIPLE BOTTOM LINE: BENEFITING PEOPLE, PROFIT, PLANET.
For-benefit businesses (B corporations) adopt for-profit models
and social benefit mission; reinvest profits rather than
distributing dividends to shareholders.
>> SOCIAL ENTREPRENEURSHIP
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