Finding Rebecca Mauger Head of High Value Giving, British Red Cross Stage 1: Understanding why do companies give? > Companies exist to make a profit > Typically give to gain business benefits not pure philanthropy > Example business benefits – Generate goodwill – Gain positive PR – To help market their products and services – USP – Increase staff motivation and engagement > Corporate Social Responsibility – More than just giving money - sustainability of business – Triple bottom line – people, planet, profit – Causes relevant to their business Are they still giving? > Impact economic downturn – Seeing impact on sponsorship and corporate hospitality budgets but not all budgets > Is charitable giving strategic or tactical? > Return on investment from the partnership > Companies may want more bang for buck Stage 2: Know your own organisation > USP > Synergies with companies / business sectors > Benefits you can offer a company > Corporate partnerships strategy > Options for partnering with companies…. > Existing relationships / networks… Options for partnering with companies > Donations > Strategic partnership > Charity of the Year schemes > Cause related marketing > Issue led campaigns > Gift in Kind – products or services > Employee engagement – volunteering / team building > Consultancy – offered by charity and company > Payroll giving > Event sponsorship > Corporate hospitality Organisational contacts / networks Within fundraising Wider organisational contacts SMT and Trustees Volunteers Service delivery teams Service users Colleagues Suppliers Existing supporters Stage 3: Know your marketplace Places to spot opportunities and trends: > Company websites > General business sector publications > CSR / Marketing publications > Charity sector publications > Competitor activity Other routes to finding new corporate partners: > Networking events > Existing partner networks > Family and friends > Website > Other charities > Agencies > Industry associations and groups > Corporate networks > Work your USP Stages 1 + 2 = Wide target list identified Stage 4: Qualifying & prioritising leads Start with hottest leads Focus on strategy, limit distractions Pursue greatest return for least effort Initial research Clarify the potential Synergy check – good brand and CSR fit? Customised approaches - be donor led, not product led! Top 10 target list COTY calendar Strategic account plans 18 month donor pipeline – longer in recession! Stage 5: Know your target companies / sectors Research, research, research!!!! > Re-visit existing relationships / links > Scour company’s communications > Sector analysis and industry groups > Identify all areas of potential opportunity > Understand your strengths > Customise your approach > Latest news and reports Stage 6: Cultivation > Call and meet them > Use networks wisely > Event invitations > Seeing is believing visits > Networking events > Send topical and relevant information > Newsletters > Peer to peer engagement > Create opportunities to deliver Top tips! > Be opportunist and flexible > Network > Research > Aim high > Be donor focused > Mutually beneficial partnerships > Use your existing networks wisely > Be patient, don’t give up! > Make a good first impression > Always thank properly Thank you…any questions?