Buy
now at: |
 |
New
Philanthropy Benchmarking
TEN
NPB FAQS
1.
What is the mission of New Philanthropy Benchmarking: Wisdom for the
Passionate? ("NPB")
The
unabashedly ambitious mission of NPB is to inspire intense competition
among passionate capitalists/philanthropists and provide essential wisdoms
to initiate radically positive transformative change within the social
sector.
2.
Why should the social sector embrace the concepts of NPB?
NPB
is based upon the assumption that passionate capitalists/philanthropists
will instinctively strive for success in the social sector comparable
to their achievements in the commercial sector. While motivations may
vary, their commercial sector instincts compel superior performance
and drive them to eschew being viewed as "dumb money." These characteristics
are pervasive and transferable to the social sector.
3.
How is NPB different from other social sector approaches?
The
power and compelling appeal of NPB is its ability to assist passionate
capitalists/philanthropists to multiply the impact of their resource
investment - create value - relative to other, similar social sector
initiatives and, at the same time, minimize risk exposure. This concept
is quantified in a particularly unique NPB analytical tool, the Multiplier/Discount
Effect, which is supplemented by cutting-edge financial concepts. NPB's
unique strength includes seven CP insights, Seven Wisdom Points and
seven educational components.
4.
What is "synergistic collaboration of the educational components" and
how does it apply to NPB?
Succinctly
put, NPB builds upon a mutually beneficial partnership, thus a synergistic
collaboration, of commercial sector benchmarking, progressive intersectoral
strategies, and contemporary financial market analytical tools. NPB
is evaluated within the context of macro issues such as stakeholder
considerations and comparative conclusionary financial metrics. On a
micro level, insights are offered on process sequence as well as organizational
execution suggestions.
5.
What is the basis for the seven intersectoral Wisdom Points?
NPB's
key messages are summarized in Seven Intersectoral Wisdom Points. These
seven points or aphorisms provide an easy to remember distillation of
the contents of the Working Book. Also, they are uniquely customized
for passionate capitalists/philanthropists and are gleaned from sector
best practices complemented by innovative insights and extensive original
research. The Wisdom Points range from empowering to operationally practical.
6. What is the source of these wisdom points?
The
sources of the Seven Wisdom Points include the author's value creations,
analysis and interpretations of select world-class capitalists/philanthropists
(Edgar and Charles Bronfman, Bill Gates, Michael Milken, Thomas Monaghan,
George Soros, Steven Spielberg, and Michael Steinhardt), assessments
of innovative foundations and leading social enterprise investors, and
an extensive critical review of leading academic and professional writings.
Also, NPB's 21 appendices offer more detailed insights.
7.
Does NPB provide examples of success as well as obstacles to success?
The
Working Book provides numerous practical success stories in four categories:
These
examples offer best practices both in general and for specific aspects
of philanthropic operations.
There
are also 30 examples of misfortunate situations that provide valuable
lessons.
8. You
have an interesting background. Tell us more about yourself.
I grew
up immersed in the importance of education, encouraged to excel, and
acutely conscious of my heritage. My grandparents survived the 1915
Armenian Genocide. My parents, my brothers and sisters, and I believe
in and practice social stewardship. My trips to Armenia have always
been working trips devoted to identifying social needs, especially involving
health care, children, and technology advancement.
In 2000,
I received an independent Research Fellow stipend to advance my work
on NPB from Jed Emerson, then a Bloomberg Senior Research Fellow in
Philanthropy at Harvard Business School. I received the prestigious
honor of being invited to lecture on NPB principles at the 2001 United
Nations Conference on Philanthropy and Volunteerism.
I serve as
an instructor of New Philanthropy Benchmarking with United University
and provide social sector consulting for Shepherd Technology Centers.
I have also recently completed a joint consulting assignment with Community
Wealth Ventures and Charles E. Napier Company, Ltd. My passion for philanthropy
was the founding catalyst for the Japonica Intersectoral Center at American
University of Armenia, utilizing NPB principles to enhance social and
commercial sector initiatives.
9. What
was the catalyst for writing NPB?
I
became aware of the both successful and unsuccessful efforts by others
to satisfy the needs of many worthy causes, in the United States and
in Armenia. Recognizing that NGOs and other service providers could
be doing better in evaluating how to maximize the benefits obtained
from resources, measuring their successes, and being accountable for
their failures, I worked to devise something more than just an application
of best business practices to the social sector. My goal, in part, was
to measure successes (or failures) and create a mechanism for multiplying
resources committed to social efforts. This approach's intent was, also,
to challenge entrenched ideas about old economy philanthropy from the
perspective of both the donor and donee. In 2000, Jed Emerson, then
a Bloomberg Senior Research Fellow in Philanthropy at Harvard Business
School, selected me for an independent Research Fellowship to advance
my preliminary work on NPB. With this support and additional research
and interviews, NPB developed into the book now published by United
University Press.
10. How
wide is the distribution of NPB, and where can one find it?
NPB's
initial printing is 5,000 copies. A significant number of this first
printing will be distributed to libraries, foundations, NGOs, and other
social sector constituents, both in the United States and overseas.
In addition, NPB is available at select on-line book retailers.