The WSA Business Model
While there are many Intergovernmental Organizations (IGO) and Non-Governmental Organizations (NGO) working towards the achievement of the MDGs, WSA’s approach and implementation is unique in that it has applied the Private-Public Partnership (PPP) Model within an IGO structure. This obliges all of its member states to work together in ventures with the Private Business sector. All aspects of the structure and implementation program are based on a Partnership between existing institutions, organizations and corporations operating within the favourable, enabling environment mandated by WSA’s Accession documents.
Upon completion of the Accession and related documents, WSA creates National Consortiums on the territory of each of its Member States. These are Joint Ventures between WSA and each of the respective Governments, and act as the intermediary between the public and private sectors for the management of the various projects, and are referred to as Public Private Partnerships (PPP).
Read more about this topic: World Sports Alliance
Famous quotes containing the words business and/or model:
“... hurled religiously
Upon your business of humility
Into the iron forestries of hell....”
—Allen Tate (1899–1979)
“Your home is regarded as a model home, your life as a model life. But all this splendor, and you along with it ... it’s just as though it were built upon a shifting quagmire. A moment may come, a word can be spoken, and both you and all this splendor will collapse.”
—Henrik Ibsen (1828–1906)