An effective nonprofit board is essential for the success of any organization. A well-functioning board can provide strategic guidance, support the organization’s mission, and ensure financial stability. Here are a few key considerations for building an effective nonprofit board in the 21st century: By building an effective nonprofit board, organizations can ensure that they haveContinue reading “Building an Effective Board in the 21st Century”
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Business Development in 2023
In the fast-paced world of business, staying ahead of the curve is crucial for success. As we enter 2023, business development will continue to play a vital role in driving growth and staying competitive. One trend we can expect to see in the coming year is a greater emphasis on sustainability and social responsibility. CompaniesContinue reading “Business Development in 2023”
What’s a Capital Campaign?
The best thing a nonprofit can do is bring in diversified capital and donations. At the core, a capital campaign is a drawn-out extensive fundraiser. On a complex level, a capital campaign is a concerted effort to raise a substantial amount of money for a specific program in a specific time frame. They require supportContinue reading “What’s a Capital Campaign?”
Embracing Technology as a Nonprofit
Technology, AI, and advanced machine learning is growing and becoming a fixed part of our society. Futurists and other experts are predicting a massive shift in the way we do work and business operations, from doctors to accountants. TechSoup and the Nonprofit Technology Enterprise Network, known as NTEN, regularly publish studies that highlight the gapContinue reading “Embracing Technology as a Nonprofit”
The Impact of Change Management
Businesses must constantly evolve and adapt to meet a variety of challenges—from changes in technology to the rise of new competitors to a shift in laws, regulations, or underlying economic trends. Failure to do so could lead to stagnation or, worse, failure. Approximately 50 percent of all organizational change initiatives are ineffective, highlighting why gettingContinue reading “The Impact of Change Management”
What’s a Strategic Plan?
Navigating and learning the ins and outs of nonprofits can be overwhelming to a newbie. Even if you’ve worked in the sector, fund and leadership development will need to be reexamined on a regular basis. Strong business and overall organizational development skills are needed for leaders in the journey of the nonprofit sector, both largeContinue reading “What’s a Strategic Plan?”
