THE CONVERGENCE OF ORGANIZATIONS TOWARD A FOURTH SECTOR

Public, private and non-profit organizations working together to maximize social impact and financial return on investment (ROI).

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STEERING FOURTH SECTOR CONSORTIUM'S FOR SOCIAL IMPACT & ROI

Over the past few decades, the boundaries between the public (government), private (business), and social (non-profit) sectors have been blurring as many pioneering organizations have been blending social aims with business approaches.

While the mission and method of many organizations in business, government and nonprofit sectors are becoming steadily more similar, something more than simple blurring of the boundaries is occurring.

Pioneering organizations in the three sectors are in fact converging toward a fundamentally new organizational sector that integrates social purposes with business methods: a fourth sector.