Shared Space Across Sectors Using Space As A Platform For Shared Value And Social Impact

Financial challenges and social responsibility weigh heavily on nonprofit organizations, and innovative leaders are recognizing a need for a new paradigm of value creation to be shared across sectors and amongst multiple participants. With many nonprofits struggling with high real estate costs, reduced funding, heavy competition for limited grants and donations, a scarcity of resources is calling for a new approach for survival to advance mission growth. Drawing on an extensive literature review, expert interviews and shared space industry surveys, this research project will seek to understand the concept of creating shared value, and will investigate a nonprofit's role through cross-sector collaboration. The research will investigate the trend of shared space and will leverage the positive impacts as support to the advancement of the shared space model. A new shared values, shared space platform of engagement will be offered to show how a nonprofit can utilize shared physical space as a useful resource for engagement for social good and organizational growth.