VA
Insights

How NGOs Benefit from Organizational Value Elicitation

In the last few years, organizations are spending more efforts on specifying and disseminating unique values, as clear value statement helps shape its brand image and attract talents. But even organizations with clear values are not strange to the following scenarios:

Scenario 1: An organization highlights its value of “unity and collaboration” on its official website. However, the selected “Star Performer” is well known for his “sole focus on departmental KPI, and rejection to share resources with others”.

Scenario 2: In another organization, two people are having conflict working together. One is expert in project operation, but does not get much promotion opportunities. The other does great job in making speeches, but does not really understand daily operations. Both of them believe that they are adhering to the company value “serving the public”.

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2017 Letter from Founder

Dear VA family and friends,

While 2017 is gradually cooling down to a peaceful year end, Venture Avenue is at an even faster pace. In December, VA’s footprints covered places as warm as Shenzhen, cold as far north of Inner Mongolia, and rainy as Cambridge, U.K. Let go all the hectic, it is the time of the year for me to turn to the calendar, and gather my thoughts on a bigger question: what have Venture Avenue achieved in 2017?

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Three advices to benefit from fan philanthropy –A new partner for CSR promotion

The phenomenal Ice Bucket Challenge was once a great example for the promotion of philanthropy communication campaign. However, a new way – ‘fan economy’(粉丝经济), has been rising these years. That is to say, fans would initiate or support a philanthropy campaign in the name of a celebrity. They do so in order to create or maintain a positive image of their idols and increase their media exposure. Such type of support group could also be called ‘Oendan’(应援团). In 2014, several donation events were organized in this manner and caught some attention. Since then, fan philanthropy has been rising in the eyes of some major foundations and NGOs, who quickly start to explore different formats of fan philanthropy. Yet, fan philanthropy is still at early stage and examples are rare.

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Non-coal SMEs incubation and support to the industrial transformation of four coal cities in Heilongjiang Province

In the last few years, the role of business is becoming crucial in the effort of reducing poverty, whether in the sustainable development goals under the United Nations, or the precision poverty relief goals in China. Major international development organizations, such as the World Bank and the Asian Development Bank, have acknowledged the presence of business, which plays a remarkable role in poverty alleviation. Since last July, Venture Avenue has been appointed as a consultant to Asian Development Bank (ADB) in China, to explore how business could effectively contribute to poverty relief in China.

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2016 Letter from Founder

My dear friends,

On the occasion of yet another Christmas season, I sincerely wish all friends and family of Venture Avenue happy and healthy.

To Venture Avenue, 2016 is a year in which we continuously explore the frontier of China philanthropy. Social enterprise is not a strange concept any more while the boundaries of commercial and philanthropic capital are being broken. It is exactly the right time and right place for Venture Avenue team to exploit its cross-sector advantage to the full.

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Initial Observations on Inclusive Business in China

During recent years, commercial companies have played more and more significant roles in poverty alleviation efforts from working to achieve the UN Sustainable Development Goals globally to achieve the Precise Poverty Alleviation Targets in a Chinese context. Various international development organizations have grown to be more interested in these companies that play significant roles in poverty alleviation efforts. In July 2016, the Asian Development Bank (ADB) appointed Venture Avenue as one of the consults in China to undertake the first-of-its-kind landscaping study on how to leverage business to effectively alleviate poverty in China.

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The Value and Outlook of Family Charity

As the old saying goes, “from clogs to clogs is only three generations”. Throughout the ages, the circumstances of many families have already manifested this rule: the inheritance of wealth could hardly sustain without the inheritance of family core value. If a family keeps good traditions, family rules and mottos, and pass on from generation to generation, the family could keep its prosperity despite ups and downs.

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Strategic Specialization: The enhancer of NGO’s effective growth

Introduction: For slightly over 6 years since it was first founded, a grant-making NGO in the Pearl River Delta area has dedicated to support grassroots NGOs and community’s commonweal innovation. Its area of involvement has been extended from pure community poverty alleviation to 5 other areas including floating population care and environment protection. While the organization is striving to cover a variety of charitable areas, various issues have been exposed due to inadequate resource allocation. The limited human, financial and time resources created obstacles for knowledge storage; and hence the grassroots NGOs’ demand for network collaboration, academic, and government resources under common topics cannot be resolved.

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Letter from Founder: Accomplishment in 2015

My dear friends,

Colorful lights blinking in Christmas trees, flight crew wearing Santa’s red hats – all these seasonal factors are telling us that 2016 is already at the corner. It is another time for us to sit back, reflect and celebrate: what have we accomplished in 2015?

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Letter from Founder

My dear friends,

In review of 2014, I feel most excited to welcome 5 new talents to have joined Venture Avenue’s social consulting / investing team. While they came from diverse backgrounds, from financial service to private foundation, they all share VA’s passion since its establishment 5 years ago: to empower China’s philanthropy with independent evaluation, strategic planning and impact investing.

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