Engaging the Corporate Sector in Smart Partnerships

Emily Rothberg, Corporate Citizenship Executive/Nonprofit Steward

2014 Nonprofit Empowerment Summit Giving It Our All!

Leanne Posko, Senior Manager, Community Affairs Capital One

Engaging The Corporate Sector inSmart Partnerships

Nonprofit Empowerment Conference

June 3, 2014

I. Objectives & Introductions

II. Drivers and Trends in Corporate Philanthropy (Emily)

III. Smart Partnership "Do's" & "Don'ts" (Leanne)

Agenda

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Engage Businesses Where The Drivers Are• Marketplace Drivers:

– Enhance brand positioning

– Build political capital & mitigate risk

– Create & deepen relationships with buyers and "3rd-partyrecommenders"

• Talent Drivers:– Increase recruitment and retention of employees

– Develop business and leadership skills of employees

– Advance diversity and inclusion initiatives

• Corporate Culture Shift:– CSR is becoming table stakes for internal & external stakeholders.

– Societal impact is the ultimate outcome & credibility factor

– Triple bottom line = multiplier for businesses, nonprofits and society

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Evolving Corporate Philanthropy Mindset

Classic Approach Leading Approach• Charity • Investment

• Organizations • Issues

• Transaction • Relationship

• One-off/Isolated • Aligned/Integrated

• Reactive • Proactive

• Needs • Outcomes (ROI & Accountability)

• Short Term • Long Term

• Values • Value Creation

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Reality is …. even leading companies do combination

Smart Partnerships:What do they Require?

SMART PARTNERSHIPS: Strategic, mutually-beneficialinvestment of resources for meaningful results & impact

• Meaningful Engagement – Beyond cash

• Nimble & Innovative Partners – We’re in this together

• Accountability – Measuring and reporting on outcomes

• Compelling Stories & "So what?!" Results – What value areyou creating?

• Solutions – Beyond goodie bags

Reality is …. even leading companies figuring out HOW?!

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Smart Partnerships:How do you Get Your Foot in the Door?

• Spew. . . Do not ramble on and tell me way more than I have anyinterest in knowing – I will MEGO* on you

• Spam . . . Do not put me on your e-mail distribution list, or sendme multiple emails – I’ll add you to my Spam blocker

• Slaughter. . . Killing trees by sending me annual reports, largebrochures, or unsolicited proposals – It won't get my attention

• Stalk. . . Know the lines between assertive, aggressive andannoying –I know it when I see it, and I don’t like it

• Slink. . . All requests eventually find their way back to my desk –In the end you can’t end run me

5* My Eyes Glaze Over

DON’Ts (The "S" List)

Smart Partnerships:How do you Get Your Foot in the Door?

• Know your Audience. . . Do your homework and know whofunds what

• Associate. . . Network at events and with organizations wherecorporate philanthropy leaders and staff are likely to be involved

• Adapt and Allow. . . the relationship to develop. Be patient.

• Always be Succinct…Be on message, and listen

• Ask questions. . . So that we can get to know each other. It mighteven open up an opportunity to Assist with one of our currentchallenges

• Be Authentic. . . Authenticity and transparency are key buildingblocks to a great relationship

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DO’s (The “A" List)

Now that the door is open. . .• Be Succinct (it bears repeating): What need does your organization address

and why?

• Be Up Front: About your organization’s short-term and long-term needs.Ask for what you really need (don't try to guess at what I'm thinking)

• Seek Diverse & Creative Opportunities to Engage with Us: LeverageALL of our assets ($ and talent). We are more than just a sponsorship!

• Start slowly and Test the Waters: Remember this is just a first date!

• Be Patient: Trust-building takes time, and is a two-way street.

• Demonstrate Impact and Results: Use third-party validation especiallywhere company's stakeholders are involved

• Be Good Stewards: Thank and recognize your supporters credibly!

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Questions?

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Session Presenters

Emily Rothberg

Corporate Citizenship &Nonprofit Advancement

Leanne Posko

Senior Manager forCommunity Affairs,

Capital One

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