The report, released today, was compiled following the bank’s second annual Leadership Forum – aimed at delivering high-calibre executive coaching to charity and social sector CEO’s.
Participants included representatives from: Comas, the community-based social innovation agency; St John’s Ambulance; Conservation Volunteers; the Scottish Wildlife Trust; St John’s Hospital; Leonard Cheshire Disability; and Womankind Worldwide.
As well as including a summary of the key discussion points from the event, the report includes key issues impacting leaders of charities and how they can try to look differently at their leadership skills.
Hugh Biddell, Head of Charities and Public Sector for RBS, said:
“Today, more than ever, the charity sector is facing growing pressure to demonstrate value to stakeholders. The recent financial crisis still reverberates for us all. The priority now for charities, as with any business, is to deliver true value to their beneficiaries by ensuring everything they do enhances humanity. This forum aims to help provide our charity leaders with the tools to examine their biases, focusing on fairness because we imbue our concept of fairness with our personal values. We hope that this report will help even more charities assess their processes objectively.”
The event was held alongside ACEVO – the leading voice of the UK's charity and social enterprise sector - and led by Professor Kevin Kaiser of the graduate business school INSEAD.
Asheem Singh, Director of Policy, ACEVO, said: “Value creation is the ultimate objective of
every charity. Charitable organisations exist to make the world a better place, to contribute
to human flourishing while tackling injustice. For charities to stay in the game while staying on mission, their leaders will have to avoid the trap of creating enervating target cultures and be be vigilant against creating performance management systems that actually destroy value.”
The report has been released following a host of positive feedback from the leaders who attended the event.
Austen Smyth, CEO of The Richmond Fellowship, Scotland, said: “The RBS Third Sector Leadership event is world class, highly stimulating and probably the best event that I have attended. Well done RBS for extending this out to the third sector. Since the conference we have focused in on being more action orientated as an organisation. We have gained confidence in knowing when to seek evidence, when to use consensus thinking and how better to test out assumptions. All great stuff.”
Download the full report (PDF946KB) and watch a summary of the event.