Another insightful definition for operational excellence â one that may be easily understood at the employee level â refers to it as the point at which each employee or member of the organization can see the flow of value to the customer or end user, and that each employee is also able to fix that flow before it breaks down.
The definition of philanthropic is someone giving or charitable or someone who likes to do good for others. A millionaire who gives away lots of money to charity and who volunteers for lots of charitable organizations is an example of someone who would be described as philanthropic.
Organizations created for the purpose of philanthropic rather than pecuniary pursuits. A charity is a group designed to benefit society or a specific group of people. Its purpose may be educational, humanitarian, or religious. A charity goes beyond giving relief to the indigent, extending to the promotion of happiness and the support of many worthy causes. The law favors charities because they promote goodwill and lessen the government's burdens.