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by Eridrus
1 day ago
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Is it realistic to make organizations that stay on mission long after the founder is gone? I listened to a podcast interview you did where you talked positively about the Novo Nordisk Foundation as a successful governance story, but when I think of long lived foundations, I think of the Ford Foundation and the Hewlet Foundation that have significantly drifted from the founders' visions despite being non-profits. Many people think it is better for foundations to spend down all their resources before the founder is gone to prevent this drift and loss of efficacy. Have you done any studies of what made long lived foundations drift on their mission despite no profit incentive? |
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