Question

In: Economics

Explain and illustrate with diagram the cross sector effects that may occur due to unions

Explain and illustrate with diagram the cross sector effects that may occur due to unions

Solutions

Expert Solution

Effective cross-sector collaboration encompasses projects where the public, private and social sectors collaborate in different ways (e.g. financially, operationally, etc.), working towards common societal objectives and outcomes. The report draws on live cases to explore the implications of cross-sector collaboration, preconditions for success, governance arrangements, actionable learnings and key challenges.

EVPA partnered with MAZE - Decoding Impact, a Portuguese Social Finance intermediary, to issue a report on cross-sector collaboration for better social outcomes.

Effective cross-sector collaboration encompasses projects where the public, private and social sectors collaborate in different ways (e.g. financially, operationally, etc.), working towards common societal objectives and outcomes.

The report draws on live cases to explore the implications of cross-sector collaboration, preconditions for success, governance arrangements, actionable learnings and key challenges.

Thanks to the support of a task-group composed of renowned practitioners in the VP/SI sector, we identified the following success factors for cross-sector collaboration:

  1. Boldness: tackling complex social challenges demands bold leadership, willingness to iterate and great flexibility to learn and adjust along the way. Successful projects generate momentum for a cross-sector partnership to engage in innovative or even disruptive strategies.
  2. Responsible leadership in cross-sector partnerships: initiatives where the leading partner assumes an inclusive approach seem to achieve larger impact. Irrespective of its sector – social, public or private – the leading partner must be able to involve all other project partners in setting the objectives, implementing the action and measuring outcomes. This will increase the chances of success of the project and help it achieve greater outcomes.
  3. Engagement and co-creation: the more each party is engaged in the process, the more traction it can generate. A strong sense of co-creation fosters a strong motivation and alignment of incentives. Taking time to build the relationship between all parties and building the case for collaboration from the outset is crucial before entering a project.
  4. Making a match: initiators must find the right partners to cooperate with, in order to ensure a well-running design and implementation of cross-sector collaboration for social outcomes. Often, the right partners are not necessarily the most senior, but the most committed.

Related Solutions

Explain and illustrate the cross sector effects that may occur due to unions.
Explain and illustrate the cross sector effects that may occur due to unions.
Explain and illustrate how unions may increase efficiencies in monopsonistic markets.
Explain and illustrate how unions may increase efficiencies in monopsonistic markets.
Explain and illustrate how unions may increase efficiencies in monopsonistic markets
Explain and illustrate how unions may increase efficiencies in monopsonistic markets
(a) Using an appropriate diagram Illustrate and explain the welfare effects of a unit tax on...
(a) Using an appropriate diagram Illustrate and explain the welfare effects of a unit tax on a commodity within the framework of indifference curves analysis (b) Illustrate on the same diagram, the welfare effects of a lump-sum tax that generates the same amount of tax revenue as in (a). (1.5 marks) (c). Are the welfare effects the same? Is any of the taxes efficient? Explain why or why not. (1.5 marks)
(a) Using your RS and RD diagram, illustrate the effects of the increase of the demand...
(a) Using your RS and RD diagram, illustrate the effects of the increase of the demand for US goods on the Mexican RER (Mexico is the home currency). 5 points.
a) Using your RS and RD diagram, illustrate the effects of the increase of the demand...
a) Using your RS and RD diagram, illustrate the effects of the increase of the demand for US goods on the Mexican RER (Mexico is the home currency). 5 points. (b) If Mexico currently has a balanced trade, will the scenario above cause Mexico to have a trade deficit or a trade surplus in the future? Explain. 5 points.
The very success of unions in part can explain their marked decline in the private sector?...
The very success of unions in part can explain their marked decline in the private sector? Do you agree or not. Explain and make sure you provide evidence nor examples to back up your position.
Using a demand/supply diagram, illustrate the effects of a tariff on domestic country consumer and producer...
Using a demand/supply diagram, illustrate the effects of a tariff on domestic country consumer and producer welfare. Apply consumer and producer surplus measures to answer this question.
The simple bar diagram and the pie chart may be used to illustrate similar types of...
The simple bar diagram and the pie chart may be used to illustrate similar types of data. With the aid of two examples, demonstrate the preference of one over the other.
Using an indifference curve diagram, separte the income and substituition effects that occur when the price...
Using an indifference curve diagram, separte the income and substituition effects that occur when the price of an inferior good (measured vertically) rises. Explain the diagram.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT