Multi-Sector Leaders are Well-Recognized

“‘The next leader of the Bill & Melinda Gates Foundation is unlikely to be a Microsoft executive’, says Jeff Raikes, who announced on Tuesday that he is stepping down as chief executive of the world’s largest philanthropy.” The recent article about the next CEO of the Gates Foundation highlights the benefits of having a multi-sector leader who can bring an array of experiences and perspectives to understand “the distinctive challenges of philanthropy”.

The past two leaders of the foundation (Jeff Raikes and Patty Stonesifer) have been high level executives of Microsoft, but the new leadership will change that. “By having CEOs who have the same experiences as board members, [The Gates Foundation is] missing out on the potential benefits of broadening the circle to include people who bring a different perspective to solving these really thorny problems,” criticized Phil Buchanan, president of the Center for Effective Philanthropy.

Nora Silver, Director of CNPL, has led research on multi-sector leadership, finding that “in today’s increasingly inter-dependent world, many leaders engage in managerial, advocacy and leadership activities across the commercial, public, and social sectors”. 

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