Employees are an especially important ingredient to a successful organization. Unfortunately, employers overlook valuable applicants because of age. Reasons employers should employ older workers are their experience, both professionally and personally, reliability with a strong work ethic, and cost-effectiveness.
Because remote work poses challenges with tax and compliance issues, a proactive approach can help nonprofits avoid these issues.
Nonprofit board members are typically not ready to lead the succession planning. With no succession plan in place, there may be a long gap in leadership before another executive is on board. Nonprofits should manage leadership transitions in advance in case there are unexpected departures.
In May of 2020, Echoing Green and The Bridgespan Group published an article highlighting enormous budget disparities between Black and white-led nonprofit organizations seeking institutional funding in the early stages of their development. The numbers were staggering.
An organization that was once a thriving enterprise had a several million-dollar budget, an impressive board of directors, multiple employees and a very capable executive leader. Over time, foundation revenue plunged, board members resigned, employees left and the organization began to fail.
In “The Speed of Trust: The One Thing That Changes Everything,” Stephen M.R. Covey shares that when trust in a relationship increases, speed goes up with it and cost comes down. Everything happens faster and costs less because trust has been established.
New Mastercard guidelines will change the rules for subscription payments, which include nonprofit recurring gifts, processed by the payment provider. These requirements need to be implemented by Sept. 22.
When you equip boards to confidently participate in your year-end efforts, the results can be amazing. Their voices and connections amplify your work and lead to even greater mission impact during the time of year when most philanthropy occurs.
In newer startup organizations, culture begins to take shape through experiences led by those at the top. The inaugural leader has their own vision and values they bring to the table, which the organization experiences over the long arc of time. Culture doesn’t happen on day five, day 50 or even day 500.
Co-leadership is a growing trend in nonprofits, where we explore ways to share power and strengthen our organizations’ leadership.
