How Nonprofits Can Work With Competitors For Better Results

As my company wrapped up its recent 30th anniversary celebration, I had a chance to reflect on how things evolve over time. My father put us on a path at the outset, and though our scope and goals have changed since then, our commitment to giving back and our deep ties to the nonprofit sector remain consistent.

What has changed, however, is how an increasingly saturated nonprofit community collaborates. Nonprofit growth has focused on the establishment of a cross-section collaborative model that points a diverse group of leaders toward a common goal. For example, we recently hosted the second global conference for collaboration and development on regenerative life science, an event attended by scholars, doctors, political leaders, artists and cultural influencers from more than 30 countries.

By bringing in different voices with a shared purpose, nonprofits can broaden their influence and increase their power to improve their communities. When those influencers are competitors, working together can be tricky, but the right approach allows both parties to succeed.