International NGOs will have to change how they operate in response to localization, including potentially shrinking and moving from the role of prime contractor to service provider, according to the chief executives of some of the best known organizations in the United States.
In a conversation with Devex, the CEOs of FHI 360, Catholic Relief Services, and Save the Children US said they were comfortable with seeing their balance sheets shrink as more power and more funding flowed to local organizations, and that they wanted to stop using revenue as a metric for success.
Janti Soeripto of Save the Children US said revenue currently made up the first slide of many board presentations in the sector.
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About the author
David Ainsworth@daveainsworth4
David Ainsworth is business editor at Devex, where he writes about finance and funding issues for development institutions. He was previously a senior writer and editor for magazines specializing in nonprofits in the U.K. and worked as a policy and communications specialist in the nonprofit sector for a number of years. His team specializes in understanding reports and data and what it teaches us about how development functions.
