The National Australia Bank in Impact investing: mixing profits with purpose defines impact investing as “an investment strategy where an investor proactively makes investments that can generate both financial returns, as well as intentional social or environmental returns for the community.” The article looks at why it is becoming popular for investors and what they are trying to achieve by supporting this form of investment.
Community Sector News
"A lot of our problem [with disruption] is that what we face is a paradox... How do we do something new while doing something we've always done?
Two articles Could flexible work be damaging the lives of your staff? and Your sons and your daughters: mental health in the age of overtime look at current work practices that can have detrimental impacts on mental health. Research on flexible working hours has found people have a tendency to work more ove
Can you build a culture of candid feedback in your team? asks the questions: "are you withholding feedback from your team because you’re afraid that being candid would conflict with being nice, respectful and warm? Are you undermining your team’s capacity to perform at their best, and miss opportunities to improve themselves and the organisation’s overall impact?"
Review of Consumer Law Sees Charity Sector ‘Fobbed Off’ The coalition of not-for-profit organisations under the #fixfundraising banner had hoped that the release of the review of Australian Consumer Law (ACL) would play some part in addressing the issues raised in the campaign. However the report does note “that aspects of the ACL need further consideration.
The report, A Year in the Life of Western Australia’s Social Enterprises, sought to understand what factors will enhance the resilience and long-term financial viability of Western Australia’s emerging social enterprise sector.
The exhaustion of the mid-career marathon and the consequences for workplaces notes three points where women give up on their careers: the launch, the mid-career marathon and the executive transition. It is based on US research and reflects the corporate world, however it is relevant in the Australian context and while the community sector is not part of the corporate world and is female dominated, again there is still relevance.
Reshaping the Board’s Role in Organisational Culture notes that “culture is a crucial driver of any organisation's success and a critical lever in its performance. It shapes and influences an organisation’s internal environment, as well as its interactions with and success in the external environment.” For an organisation to survive there need to be strategies in place that build the right culture.
Victoria's first social impact bond providers announced and Queensland’s first social impact bond tackles Indigenous disadvantage. Victoria has issued two bonds one to help at-risk youth and the other long-term homeless. The Queensland bond will focus on Aboriginal and Torres Islander children in out-of-home-care.
"The effectiveness of the board as a team is critical to how much value the board adds and can make or break organisational success particularly in difficult or uncertain times.” Pulling in the Same Direction – How to be an Effective Board encourages board to be a strong team where its members trust, challenge and support each other.