A partnership between a business and a charity is a strategic and mutually beneficial alliance between two organisations who have found a common purpose and value base. Partnerships bring much needed funding and commercial advice for the charity whilst the business will benefit from increased visibility, brand building, good PR, a chance to ‘make a difference’ for the local community and will contribute towards overall business objectives. Businesses globally are aligning positive social and environmental outcomes with their core purpose and vision. A Corporate Responsibility (CR) programme is now widely recommended for a sustainable business. As board and family member of the Ford Motor Company William Clay Ford said, ‘Creating a strong business and building a better world are not conflicting goals – they are both essential ingredients for long-term success.’ Corporate responsibility is being given increasing prominence on the business, localism and national Government agenda. ‘High on the list of the UK Government’s priorities is to achieve sustainable and balanced economic growth across the UK, as well as building a stronger, fairer society. We see responsible businesses as being central to this.’1
Business in the Community report on the seven key benefits of Corporate Responsibility from over 60 companies in The Business Case for being a Responsible Business2:
- · Brand value and reputation – charity partnerships support companies to build public trust
- · Operational effectiveness – improvements and innovation in business practice as a direct result of being responsible
- · Risk reduction and management – benefits from corporate responsibility efforts that improve the business’ ability to identify exposure to risk
- · Direct financial impact – improving access to capital, reducing costs and improving shareholder value
- · Organisational growth – new markets, new product development, new customers, new partnerships from responsible business strategy
- · Business opportunity – new opportunities or innovation generation created for all stakeholders specifically because of business’ efforts in corporate responsibility
- · Employees and future workforce – aligning values with a reputable charity improves recruitment and retention
St Clare Hospice is your local charity that provides specialist palliative care for the community in West Essex and the borders of East Hertfordshire. Our approach to care gives patients and their families the strategies they need to enjoy the best possible quality of life. The service is free and with costs that reach £3.75 million and with only 34% of our funding coming from the NHS, we need to build strategic partnerships with our local businesses. An annual partnership with St Clare Hospice helps to fund the free service that we offer to over 1,500 patients (and their families and loved ones) every year. There are also tangible rewards and benefits for our partners and so a partnership with us makes good business sense. The annual partnership scheme will take the form of a St Clare Hospice Business Club which will launch in April 2016. The club was formed in 2016 in response to a national movement of businesses away from philanthropy and non-strategic donations. It is designed to bring vital annual funding for St Clare while also helping businesses to succeed over a sustainable period of time through dedicated partnership management. Essentially, this partnership puts business at the forefront of a significant local community need, which forms part of a national movement.
There are a number of other ways to work with us. We run a number of events and challenges throughout the year which have earned their place amongst local community landmarks. Event sponsorship is a fantastic marketing opportunity and gives businesses a ready made platform to profile their services to a willing audience.
As a recent example, Local law firm, Barnes and Partners, are partnering with St Clare Hospice to help deliver the charity’s biggest event of 2016. The ever-popular Midnight Walk is the largest event in the St Clare calendar. Barnes & Partners have committed a groundbreaking £15,000 in partnership on the event and will receive a great return, including; local media coverage, brand alignment, employee engagement and the benefits of an intensive local marketing campaign all of which will help to meet their business objectives. They are making corporate responsibility really work for their businesses.
Nigel Barnes, Founder and Managing Partner said: “As a local firm who is dedicated to serving families in our community, we are delighted to be able to help our local hospice. Like St Clare, we help families at those big moments in their lives – buying a house, getting married and making a will – and are committed to serving our customers. We are proud to support the incredible work of St Clare and to help them to care for local families now and in the future.”
We hope it is just the start of a long term mutually beneficial relationship between our two organisations where the values fit so perfectly.
If you would like to know more about how to make CR work for your business or specific strategic partnerships with St Clare Hospice, please contact Amy Jacobs email@example.com
Make Corporate Responsibility Work for your Business