As a professor in a business school who is a former nonprofit CEO and consultant to nonprofits, I am often asked: “Should a nonprofit be run like a business? Easy answer, “No.” A nonprofit should be run like effective nonprofits are run. However . . . . . There is a lot we – in the nonprofit world – can learn from business best practices. Far too many nonprofit … [Read more...] about Should Nonprofits Run Like a Business?
Do you have the team you need to implement your strategy? Far too many nonprofits look at their “Salary” budget line item as static. “This is all we can afford. We need to find the best person possible for this amount of money.” This folks, is NOT being strategic. Sometimes, a strategy calls for a certain kind of talent on the team. And oft times, a certain kind of … [Read more...] about Strategy & Salary
I have a good friend who recently posted this quote from Southwest Airlines Founder, Herb Kelleher, on Facebook: “We Have a Strategic Plan: It’s Called Doing Things.” This is funny. But if you know anything about Herb – it is also tongue in cheek. His brilliant strategy for Southwest has produced record-breaking profits for the airline for decades. So, he surely has … [Read more...] about Strategy vs. GSD