“Governments-Citizens Partnership To Win The Game For Development Depends To A Great Extent On The Backing Of International And Regional Development Organizations, The Society (including corporations and individuals), And The Financial Institutions"
People . Place . Profit
"Berkshire Development Organization is building its operating business model on the three pillars of sustainability for balanced growth of the society and the people, the cities and the communities, and stabilized profitability of operations"
Berkshire Development plays an important role in coordination between government bodies, international organizations, and the private sector. Berkshire Development targets complex community development problems by pooling the expertise and resources of collaborates and strategic partners to establish public private partnership projects. Collaborates/partners areas of expertise range from program and project management, capital asset program management, commercial dispute resolution, innovative building technologies, infrastructure development, systems modernization, alternative/renewable energy, and branding and training activities. Berkshire Development oldest collaborate activities date back to 1959 and youngest collaborate dates back to 2016 with collective work and budgets managed of several Billion Dollars. Currently, Berkshire Development is working on expanding its collaborating partners to meet requirements of large scale public private partnership development programs, and on establishing partnerships with governments and international and regional development organizations. One of the very few crowdfunding leading platforms in the world defined Public Benefit Corporations as “for-profit companies that are obligated to consider the impact of their decisions on society, not only shareholders. Radically, positive impact on society becomes part of a Benefit Corporation’s legally defined goals.” In that perspective, Berkshire Development Organization is situated to resolve the “Agency Problem” or in other words corporate executives’ conflict of interest that arises as a result of the trade-off between their obligations to maximize profits for shareholders at the same time of maximizing corporate social responsibility contributions towards, and impact on, the public being served by the corporation. The Huffington post describes public benefit corporations as “A New Kind of Corporation to Harness the Power of Private Enterprise for Public Benefit... In the short term, they will create high quality jobs and improve the quality of life in our communities. In the long term, as many enter the public capital markets, they will help combat the plague of short termism that we have seen over the last five years can undermine a shared and durable prosperity”.
Many of the B-Corps in existence today have elected to be designated as such while Berkshire Development Organization is the first in the world to be incorporated, from day one, as a Public Benefit Corporation for sustainable development & Public Private Partnership.