The Four Legged Stool

Download or read book The Four-Legged Stool written by John L. McKnight and published by . This book was released on 2013 with total page 12 pages. Available in PDF, EPUB and Kindle. Book excerpt: "McKnight distinguishes associations from not-for-profit corporations, though they are often combined as the third leg of a "three-legged stool," the other legs being business and government. He points out their differences: not-for-profit corporations are usually formal and hierarchical, whereas associations tend to be informal and horizontal; not-for-profits use the special knowledge of professionals and experts to perform their functions, while associations generally use the experience and knowledge of member citizens. Society, McKnight argues, is actually like a four-legged stool, with associations being the fourth support. However, our focus on the three institutional legs has obscured the presence and vitality of the fourth." --Kettering Foundation web site