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How Can We Do More With Less? | Big Think

How Can We Do More With Less? New videos DAILY: https://bigth.ink/youtube Join Big Think Edge for exclusive videos: https://bigth.ink/Edge ---------------------------------------------------------------------------------- With donations and endowments drying up, charities and philanthropies should approach the economic downtown differently, says Risa Lavizzo-Mourey, CEO of the Robert Wood Johnson Foundation. ---------------------------------------------------------------------------------- Risa Lavizzo-Mourey: Risa Lavizzo-Mourey, M.D., M.B.A., is the fourth president and CEO of the Robert Wood Johnson Foundation, a position she assumed in January 2003. She originally joined the staff in April 2001 as the senior vice president and director, Health Care Group. Prior to coming to the Foundation, Lavizzo-Mourey was the Sylvan Eisman Professor of Medicine and Health Care Systems at the University of Pennsylvania, as well as director of the Institute on Aging. She was the deputy administrator of the Agency for Health Care Policy and Research now known as the Agency for Healthcare Research and Quality within the Department of Health and Human Services. While in government service, Lavizzo-Mourey worked on the White House Health Care Policy team, including the White House Task Force on Health Care Reform where she co-chaired the working group on Quality of Care. Lavizzo-Mourey has served on many federal advisory committees, including the Task Force on Aging Research; the National Committee for Vital and Health Statistics, where she chaired the Subcommittee on Minority Populations; and the President's Advisory Commission on Consumer Protection and Quality in the Health Care Industry. She recently completed work as co-director of a congressionally requested Institute of Medicine study on racial disparities in health care resulting in the publication of Unequal Treatment, Confronting Racial and Ethnic Disparities in Health Care. She is the author of scores of articles and several books. Lavizzo-Mourey is a member of the Institute of Medicine of the National Academy of Sciences. She is the recipient of eight honorary doctorates and numerous other awards, including those received from the Harvard School of Public Health, Department of Health and Human Services, The National Academy of Sciences, American College of Physicians, National Library of Medicine, American Medical Women’s Association, National Medical Association and University of Pennsylvania. Lavizzo-Mourey earned a medical degree at Harvard Medical School, followed by a master of business administration at the University of Pennsylvania’s Wharton School. After completing a residency in internal medicine at Brigham and Women's Hospital in Boston, she was a Robert Wood Johnson Clinical Scholar at the University of Pennsylvania, where she received her geriatrics training. ---------------------------------------------------------------------------------- TRANSCRIPT: Question: How is the recession impacting philanthropies and charities? Risa Lavizzo-Mourey:How to do more with less, that’s the question that everyone in philanthropy is struggling with. I think one key part of doing more with less is to be more strategic, to realize what the objectives you’re truly trying to accomplish are and then to drive with greater focus towards those objectives. The other thing that is really critical in doing more with less is to harness the power of your partnerships. The people that you work with, the organizations that are committed to the same objectives. If they know that you’re in it together, and you’re working towards the same objective,s and you agree on how to do more with less, you can actually have a greater impact. So those are two areas where strategic philanthropy I think is really trying work in a different way in this downturn of their endowment. Charities, foundations that see themselves as delivering care or filling a need that is unmet in this economic downturn have to take a different approach. They have to look at how to stretch those dollars further and to get services that are in-kind services where they were in the past using cash to provide those services. So, in a lot of ways how we approach this problem depends on whether we’re a strategic philanthropy or whether we are focused on delivering a charitable service that is greatly needed in this economic downturn. Question: How is the recession impacting corporate giving? Risa Lavizzo-Mourey:Over these last couple of years when companies have had to dramatically change their corporate giving, I think they have come to understand just how dependent the communities in which they thrive are on their philanthropy. And I think it has created a new engagement in the community and in understanding that they are part of making that community a thriving place. Read the full transcript at https://bigthink.com/videos/how-can-w...