4/7/2023 0 Comments Profin not profind![]() We risk losing valuable services and skills that we may not be able to use to their full potential now, but will require again once a sense of normalcy is reclaimed. ![]() Issues impacting businesses in Not for Profits Managing peaks and troughs in demandĬOVID has seen an increase in demand for services in some areas – like mental health and domestic violence support. This is all happening against a backdrop of increasing demand for services and limitations on how these can be delivered. Whether it be businesses advancing their ESG agenda or social impact organisations advancing their purpose, the realisation of social impact and the test of one’s social identity is dependent on the harmonisation of strategic, financial and social objectives coupled with the ability of organisations to effectively measure and report the outcomes to their stakeholders. Stakeholders, including members, funders, governments or investors, are craving outcomes-based decision-making. One of the challenges for social impact organisations is to deliver their purpose in an increasingly dynamic and data-driven space. ![]() We work with organisations to navigate challenges and to help them achieve their mission. Grant Thornton is proud to be a leader in supporting the for-purpose sector. Whether it is delivering early learning for our youngest, providing education for our adults, caring for our elderly and those who are differently abled, supporting those who are most vulnerable in our community from here and abroad, advocating for change, fundraising for a passion, driving changes for the environment, promoting the interests of members and the value of our professions, showcasing our rich arts and cultural identity or promoting connection through sports and social activities – this unwavering commitment to the cause can never be overstated.
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