Focused On Transparent Services
A service orientated business can also operate in open ways. A business that documents all transactions (donations and use of donated money) real-time on their websites in public, is very open. Another example might be Canonical Ltd..
Open businesses can be more attractive to donors, especially if the name of the donors in social networks (as real names, Twitter-, Facebook- or other branded Online Ids) are made public too. So in this case even the donors participate in the charity as business and beyond by increasing their positive community karma (earning "whuffies") and building their reputation.
The risk of bankruptcy of such transaction oriented businesses is reduced due to the fact, that
- they earn an increased trust by disclosing the cash flow to the public
- get more support by "vested" visible supporters
Read more about this topic: Open Business
Famous quotes containing the words focused, transparent and/or services:
“the focused beam
folds all energy in:
the image glares filling all space:
the head falls and
hangs and cannot wake itself.”
—Archie Randolph Ammons (b. 1926)
“Consider what you have in the smallest chosen library. A company of the wisest and wittiest men that could be picked out of all civil countries in a thousand years have set in best order the results of their learning and wisdom. The men themselves were hid and inaccessible, solitary, impatient of interruption, fenced by etiquette; but the thought which they did not uncover in their bosom friend is here written out in transparent words to us, the strangers of another age.”
—Ralph Waldo Emerson (1803–1882)
“O, the difference of man and man!
To thee a woman’s services are due.”
—William Shakespeare (1564–1616)