As part of their ongoing Art of Management feature - a series that picks the brains of industry experts to shine a light on common management issues – eProcurement specialists, Wax Digital tapped our founder and CEO Michelle Wright for her expertise. The perceived challenges of managing a growing team can seem difficult if you’re unsure where to begin. Luckily, Michelle’s vast experience made her a natural fit to provide some essential advice to deal with this very issue.
Having your own charitable foundation, it seems, is as much a part of being a 21st century business leader as TED talks and flashy product launches. Most of the multi-billionaire CEOs of Silicon Valley based their company origin stories around their motivation to ‘make the world a better place’. Once these beneficiaries of the digital revolution reach a certain level of ultra-wealth, many are keen to apply their innovative, ‘fix it’ problem-solving mindset and business acumen to achieving that goal in the charity sector. This solutions-focussed approach, known as ‘philanthrocapitalism’, can also bring with it the added bonus of greater influence on Government policy, as well as improving the public perception of these highly profitable companies and their CEOs. What are these high profiles initiatives, though, doing for – or indeed to – the charity sector as a whole?