The Global Business Coalition for Education (GBC-Education) was founded to bring the business community together to end the global education crisis. GBC-Education seeks to increase investments in education from the private sector. GBC-Education’s suite of resources and services supports partners in its network in making more-strategic investments in education. This report describes part of GBC-Education's work with four member companies.

Encouraging Strategic Investments in Global Education

A Case Study of the Global Business Coalition for Education's Efforts to Harness Corporate Giving

Rebecca L. Wolfe, Elaine Lin Wang, Benjamin K. Master

ResearchPublished Jun 20, 2024

The Global Business Coalition for Education (GBC-Education) was founded to bring the business community together to end the global education crisis. GBC-Education seeks to increase investments in education from the private sector. In 2019, GBC-Education began developing a suite of resources and services to support partners in its network in making more-strategic investments in education that are aligned with their goals for corporate social responsibility and their environmental, social, and governance strategy. This report describes part of GBC-Education's work with four member companies: Schneider Electric, HP Inc., SAP, and Ancestry.

Key Findings

  • To increase strategic corporate investment in education, GBC-Education supported its members with three main strategies and services: (1) creating opportunities for members to connect and share strategies; (2) providing resources and guidance to help companies identify, refine, and streamline their education-related investment strategies; and (3) leveraging relationships with trusted brokers to help companies reach beneficiaries with the most need.
  • GBC-Education faces three main challenges to promoting more-efficient and more-effective investments in education: (1) sustaining companies' long-term focus on strategic investments in education, (2) making the business case for investing in early childhood education, and (3) aligning strategic giving across companies that have vastly different priorities, constraints, capabilities, and structures.
  • GBC-Education's example highlights insights for other organizations working to support corporate investments in education, including (1) the potential value of providing easy-to-digest evidence tailored to companies' core values and (2) the importance of balancing business and end-recipient priorities by maintaining ties with diverse stakeholders.

Topics

Document Details

  • Copyright: BHP Foundation
  • Publisher: RAND Corporation
  • Availability: Web-Only
  • Year: 2024
  • Pages: 20
  • DOI: https://doi.org/10.7249/RRA239-9
  • Document Number: RR-A239-9

Citation

RAND Style Manual
Wolfe, Rebecca L., Elaine Lin Wang, and Benjamin K. Master, Encouraging Strategic Investments in Global Education: A Case Study of the Global Business Coalition for Education's Efforts to Harness Corporate Giving, RAND Corporation, RR-A239-9, 2024. As of October 4, 2024: https://www.rand.org/pubs/research_reports/RRA239-9.html
Chicago Manual of Style
Wolfe, Rebecca L., Elaine Lin Wang, and Benjamin K. Master, Encouraging Strategic Investments in Global Education: A Case Study of the Global Business Coalition for Education's Efforts to Harness Corporate Giving. Santa Monica, CA: RAND Corporation, 2024. https://www.rand.org/pubs/research_reports/RRA239-9.html.
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This report was sponsored by the BHP Foundation and conducted by RAND Education and Labor.

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