Impact Key to Parterships

January 3rd, 2010 by Admin

Originally posted in The Washington Times on December 30, 2009.

By Christopher Gergen and Aaaron K. Chatterji

The recent political wranglings in Washington over health care, financial regulation and the stimulus package often have devolved into simplified arguments over whether bigger government can improve health, economic and social outcomes. The more practical debate might be how to make government smarter and more effective in its cooperation with corporations, nonprofits and foundations to deliver social impact.

The public-private partnership model has taken hold across several areas of the government, including the U.S. Department of Education, creating tremendous potential for progress but also presenting new management challenges.

Take President Obama’s new initiatives to spur innovation in education, beginning with a $650 million Investing in Innovation Fund. The fund will distribute grants to start or expand research-based innovative programs to help close the achievement gap and improve outcomes for students. Individual schools or school districts can apply, but it’s expected that a chunk of the investment will go to entrepreneurial organizations that are partnering with school systems to provide high-quality intervention. There also is the condition that 20 percent of the amount is matched by a private-sector partner – increasing their commitment to education reform…(read more)

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