Venture Meets Mission
With the government increasingly relying on the private sector for technological innovations, trust indeed is a critical first step toward constructing a “Venture Meets Mission” ecosystem.
The government is an engine of innovation, having funded much of the R&D for our modern technological marvels. In the book, Venture Meets Mission, we detailed actions that ventures could take to help rebuild trust and create public value by resolving some of the design challenges of government- venture arrangements. With the government increasingly relying on the private sector for technological innovations, trust indeed is a critical first step toward constructing a “Venture Meets Mission” ecosystem. And perhaps even more important is rebuilding trust in our governing institutions and bringing back an optimism in the government as a force for positive change. To begin that journey, the government can take bridging actions that further build upon its shared values with ventures.
Trust is the bedrock of all collaboration. We have a generational opportunity to create the future we want by rebuilding that trust between government, venture, and civil society. Civil society has bounced back from the pandemic with an appetite for mission-driven work but is confronting barriers to action. Ventures have emerged as a willing, yet unguided and uncoordinated force for societal impact. Governments remain politically polarized and limited in their ability to solve society’s most pressing challenges.
For these groups to work together to solve societal problems, trust becomes the bedrock of their collaboration and the enabler of impact. Trust in the government can rally these groups behind a guiding mission; trust in business can facilitate more effective trisectoral collaborations; and trust in civil society can bring talented changemakers into mission-driven work. We need trust to bring us together to meet society’s most pressing problems head-on.
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Share Your Venture Meets Mission Story
How has your journey in public service elevated your career? In what ways has it enhanced your perspective on life? We invite you to share your story with us and join our Venture Meets Mission community.
