A Quote by Frances Hesselbein
Some corporations are extremely well managed; some nonprofit organizations are. It has nothing to do with the sector. It has to do with quality of management.
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I created my foundation as a result of that and my website, and I try to shed some light on some very topical issues right now. The idea is to try to get people to become obviously more knowledgeable about the issue and try to get corporations and individuals to contribute to these nonprofit organizations.
Social-sector organizations have to be better managed than for-profit organizations... because they have no margin of error.
The real development I've seen of people in organizations, especially in big ones, comes from their being volunteers in a nonprofit organization - where you have responsibility, you see results, and you quickly learn what your values are. There is no better way to understand your strengths and discover where you belong than to volunteer in a nonprofit. That is probably the great opportunity for the social sector - and especially in its relationship to business.
We've got some well-run corporations by some well-intended people who do it right.
If you start with the presumptions that liberals do, that corporations are evil and it all descends from that and that government is great and that government's there to make sure corporations play fair and are not mean and do not rip people off, there's a little bit of truth in everything. Some corporations are bad, some corporations have done bad things, but as a general rule, it's dangerous to subscribe to things like that.
I'm on a lot of nonprofit boards, but if I didn't enjoy it I wouldn't do it. I haven't yet done anything that's transformational in philanthropy. But I hope at some point to target two or three causes or organizations and really make transformational gifts.
Human beings need community. If there are no communities available for constructive ends, there will be destructive, murderous communities... Only the social sector, that is, the nongovernmental, nonprofit organization, can create what we now need, communities for citizens... What the dawning 21st century needs above all is equally explosive growth of the nonprofit social sector in building communities in the newly dominant social environment, the city.
The whole difficulty I think that that we're facing now is the question of who is going to ensure that corporations are accountable. The problem with leaving it to activists and non-governmental organizations-even with the tool of the Internet at their disposal-is that those organizations and those people don't have the legal right to compel corporations to disclose information, and that is something that governments can do.
Increasingly, I'm inspired by entrepreneurs who run nonprofit organizations that fund themselves, or for-profit organizations that achieve social missions while turning a profit.
...only liberal organizations are clearly designated [in the press] as "nonpatisan, nonprofit." Non-liberal research organizations are always identified as "right-wing" or "conservative."
The beauty of having an LLC in today's world is No. 1, you have the ability to act and react as nimbly as need be to create change, and you have the ability to invest politically, in the for-profit sector and the nonprofit sector simultaneously.
Invest in low-turnover, passively managed index funds... and stay away from profit-driven investment management organizations... The mutual fund industry is a colossal failure... resulting from its systematic exploitation of individual investors... as funds extract enormous sums from investors in exchange for providing a shocking disservice... Excessive management fees take their toll, and manager profits dominate fiduciary responsibility.
Economic management involves the operation of economic frameworks in real time - for example, in the private sector, the management of complex financial institutions or, in the public sector, the day-to-day supervision of those institutions.
I favor a system where students in publicly funded institutions make a commitment: if they do well in the private sector, they will revert a certain percentage of their income to the education sector; and if they devote some years to public service, their debt will be forgiven.
There are some terrorist organizations, there are some organized crime organizations, that launder money through charities and make donations to charities. That's not the purpose of charitable donations in Canada, so we're becoming increasingly strict on the subject.
I was scheduled to fight in November of 2008 in a kickboxing show called XMA. There were some controversies that happened between my management team as well as some of the promoters as far as setting up the fights. There was some talk of Ken Shamrock but nobody else had talked to Ken about it as far as the promoting.
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