Cooperation between sponsors and sponsors is also important. Almost half of the social entrepreneurs indicated that they have only adapted their approach to meet the needs of donors. Instead of hierarchies and dependency relationships, we should strive for cooperation at eye level. This means that strategies, success criteria and the details of the funding are discussed together.
Above all, however, we need more sponsors who eliminate systemic causes of social problems and are not content with treating the symptoms permanently. Foundations are predestined for this role. Especially with assets in the background, they can take risks and promote them in the long term. This could make them a much stronger driver of social progress than before.
The wake-up call in Davos is also an invitation to all donors and investors. Let us get better together by spreading the innovations of social entrepreneurs. Perhaps the talks in Davos will also change.