Why aid groups should broaden their scope of innovation

FHI 360 absorbed AED almost three years ago in a game-changing merger, and the organization continues to look ahead at innovative, cost-effective solutions in human development.

Earlier this month, Devex sat down with Patrick Fine for a video interview (see below), just days after he was appointed CEO of the global health and development NGO. Fine had served as FHI 360’s chief operating officer for a year.

In his conversation with Devex’s Michael Igoe, Fine discussed the “increasingly sophisticated and regulated” business environment which groups like his find themselves in today.

To succeed in this challenging and highly competitive environment, nonprofits and consulting firms working on poverty eradication and human development need to focus on results, he said:

FHI 360 CEO Patrick Fine on how to remain relevant in a changing environment.

Innovation should be at the core of your business model, Fine advised his peers, and in order to move forward, development groups could benefit from evaluating the cost structures they use to price products and services in order to make them more flexible for different types of funders.

FHI 360 CEO Patrick Fine on innovating the global development business model.

Click on the above clips to lean more insights from Fine, including the need to find innovative ways to reduce overhead costs.

Read more development aid news online, and subscribe to The Development Newswire to receive top international development headlines from the world’s leading donors, news sources and opinion leaders — emailed to you FREE every business day.

See more:

The last milestone for FHI 360’s full integration

About the author

  • Rogers kelli cropped

    Kelli Rogers

    Kelli Rogers is a global development reporter for Devex. Based in Bangkok, she covers disaster and crisis response, innovation, women’s rights, and development trends throughout Asia. Prior to her current post, she covered leadership, careers, and the USAID implementer community from Washington, D.C. Previously, she reported on social and environmental issues from Nairobi, Kenya. Kelli holds a bachelor’s degree in journalism from the University of Missouri, and has since reported from more than 20 countries.

Join the Discussion