Categories: Studies & Papers
More Than the Sum of Its Parts: Making Multi-Stakeholder Initiatives Work
Focusing on the initiation and start-up phases of an MSI’s lifecycle, this study provides useful guidance on issues such as financial resourcing, governance, leadership and staffing. Checklists and examples are also offered. The study, which covers a number of multi-stakeholder initiatives, arrives at four main findings: 1) Initiators should recognise that MSPs may be important and effective, but also that they can fail, so a cautious approach is advisable. 2) Funders should think of MSPs as start-ups and should treat them as new ventures as opposed to a government programme. 3) The involvement of all the right people is essential for the MSP’s success, especially if it explores a new field.