Bridging the Gap: Development of the Entrepreneurial Philanthropy Alignment Model

Abstract

Partnerships are increasingly considered to have the potential to address societal problems that one single actor cannot solve. This paper rationalises the development of partnerships between entrepreneurs and non-profit organisations by the effects of its alignment. In organisations, the process of alignment focuses on the activities that management perform to achieve cohesive goals (e.g., finance, marketing, sales, human resources). Whereas in an entrepreneurial philanthropy partnership, the stage of alignment maturity addresses both how the opted societal change is in harmony with the entrepreneurial approach and how this approach can be in harmony with societal change. This approach is deemed crucial in understanding how the two partners can translate their views on leadership, strategy, and culture into opportunities that enhance their impact. Theoretical researches have provided foundations for identifying dimensions of the conceptual Entrepreneurial Philanthropy Alignment Model (EPAM) that might strengthen the impact of a partnership between an entrepreneur and a non-profit organisation.

Entrepreneurial Philanthropy Partnerships: Aligning Leadership, Strategy, and Culture

“…'Entrepreneurial Philanthropy Alignment Model' (EPAM), (Rath & Schuyt, 2017). The EPAM is based on management theory and an observational view of the attitude and behaviour of both PHs and SEs in the process of partnering (Vicere, 2010;Kaplan & Norton, 2006;Parmentier 2010).…”

“…The EPAM includes three distinctive domains and a series of indicators which suggest a program to alignment that indicates to be a road map for establishing an EPP (Rath & Schuyt, 2017). Essentially, a practical understanding of the EPP process will focus on its societal impact objectives, these objectives can lead to further learning and strategic action, what might deepen an understanding of the partnership processes involved (Patton et al, 2015).…”