Finding a new narrative on the roles of government, business and social sector in tackling Singapore’s problems
todayonline | October 10, 2019
It used to be so simple. The private sector made money; the people sector did good, and the public sector governed them both. This narrative is changing around the world. Businesses are being held accountable for their social and environmental impact. Entrepreneurs are doing what states used to Elon Musk is sending rockets to space. The people sector is thinking more like businesses in a bid to achieve scale. A new range of social enterprises and B-corporations are emerging and, with them, sophisticated financial tools to fund impact. I believe that this presents a golden opportunity to find a new Singaporean narrative about the role of each sector one which will enable us to solve our next generation of social problems.