Nedbank Private Wealth held a once-off initiative to recognise innovation and resilience demonstrated by local non-profit organisations (NPOs) during the Covid-19 crisis. The winners of the Nedbank Private Wealth Innovation Awards were recently announced, with two awards presented: a main award and a technology award.
Three independent judges assessed almost 150 entries. The judges looked for organisations that showed financial resilience, strong leadership and effective risk management, as well as the ability to harness technology successfully to continue or even improve their service offerings to beneficiaries.
Collaboration and partnerships
A common theme throughout the entries was heightened collaboration and partnerships that led to extended reach and significant impact. The NPOs that entered demonstrated their ability to be flexible and nimble in serving surging needs in their communities. The judges were encouraged to see the extent to which technology had enabled beneficiary-centred solutions and the extent to which these solutions had been embedded in the NPOs. Instead of these solutions being once-off, a number of NPOs have shifted to new operating models with cost savings and scaled reach and impact.
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