Business best practices that development organizations should adopt

In this era of competition, value for money and intense scrutiny over development projects, adopting private sector rigor and practices can increase the efficiency and competitive advantage of development organizations. Devex identifies five such practices that can help development organizations improve their operations.

Despite increasing collaboration between business and the development sector, it’s often hard to ignore the palpable differences between the way development organizations — be them donor agencies, national governments, nongovernmental organizations or other implementing partners — and the private sector operate.

In this era of competition, value for money and intense scrutiny over development projects, adopting private sector rigor and practices — particularly in the areas of people, process and technology — can increase the efficiency and competitive advantage of development organizations.

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About the author

  • Sharmila parmanand

    Sharmila Parmanand

    Sharmila is currently an instructor at the University of Vermont. She has a master’s degree in gender and development and has supervised and conducted research projects on human trafficking and related issues. She has also worked as a debate and public-speaking consultant in more than 20 countries.