Thursday, 12 February 2009

Business Voluntary Sector Partnership

Partnership between Businesses and Voluntary sector is an accepted model for Sustainable development. Many Indian companies have realized this and have forged successful partnerships. To mention a few, Cisco Systems India and its partnership with Dr. Reddy's Foundation on livelihood systems, IBM India partnership with Bharthi Foundation for their Kidsmart early childhood education programs, Microsoft India and Development Alternatives on IT education etc.

Such Partnerships enable the company to leverage their core competency - mostly technology and managerial skills for the benefit of society at large. Similarly, NGOs with their grassroots experience and knowledge of local communities help the disadvantaged sections of society to benefit from the cutting edge technology that these companies have to offer. This win-win strategy is well documented in the CII Partnership Case Studies.

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