The Business of Nonprofits: A Peek Inside More Than Just Money
One of the challenging issues that most nonprofits face is the internal tension that occurs when the organization starts taking a business-minded approach. Some of the organization’s most passionate supporters may view treating the nonprofit as a business as a betrayal of its mission. In my new book, More Than Just Money, we take a closer look at this dilemma.
Here are just some of the insights you’ll gain on bridging the gap between operating the organization effectively without compromising your mission.
- Build a structure for managing operations, budgets and people resources
- Communicate the structure to your staff, board and volunteers
- Conduct strategic planning every three years to ensure that the organizational structure aligns with the current mission and vision for the organization.
- Involve staff, donors, patrons, board members and volunteers in the process.
- Select your board members for a specific skill and give them homework to perform after each meeting
- Ensure your administrative infrastructure realistically supports your needs
- Establish clear goals and objectives based on pre-defined benchmarks. Evaluate and refine these objectives regularly.
Here’s what Marilee Chinnici-Zuercher, CEO and President of HandsOn Central Ohio (formerly FirstLink), had to say about More Than Just Money.
“More Than Just Money clearly delineates what strategic changes boards, nonprofit leadership and the funder community must make for the nonprofit sector to excel in meeting the community needs of the future.”