When it comes to financial data, less is definitely more. But what data is essential? In this entry I discuss how to find that essence and how to use it to your advantage in managing a nonprofit organization.
Restricted funding is a complex revenue source unique to the nonprofit sector. Many nonprofits receive restricted funding, and it brings challenges and risks. It can feel like a shell game. I offer 6 practical suggestions for playing - and winning - the restricted funding game.
Jim Collins’ book Good to Great introduced a powerful concept in management management strategy. Named for the humble, nocturnal hedgehog, which has sustained as a species for millions of years, the book is as relevant as ever. The Hedgehog Concept can be valuable for nonprofits, and in this entry I talk about why.