Nonprofit organizations do so many things really well: First of all…they impact lives! Every. Single. Day. The paid staff and leadership for nonprofits work tirelessly long hours and often get paid much less than they could if they worked in the private or corporate sector. Or, maybe they’re a volunteer board member serving faithfully. Either way, all involved give liberally of who they are for the mission.
For nonprofits to break free of traditional constraints and transform into high-performing, high-growth organizations, there is a need to clearly define what limits growth and become intentional with solutions to effectively expand these limits. Much like the private sector maximizing profits is paramount. Unlike the private sector, profits in the nonprofit sector is manifested through people and mission.
The 7 areas below serve as key discussion topics for nonprofits looking to evaluate and potentially re-position themselves to further thrive. The more nonprofits are talking about these topics, the more likely it is that they will realize increased goodwill within their community by achieving transparency, accountability, and high performance.
Here’s a simple way of starting the conversation that every nonprofit should be having: How can we position ourselves better financially, so we can simply do more ?
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