Inflation presents an unfamiliar challenge to nonprofit leaders and managers. Here are five tangible steps you can take to mitigate its impact of your organization and those you serve.
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McDonald's Corporation is prototypical of a business that scaled-up effectively. Great operating systems are part of this story. But CEO Ray Kroc's story gives some valuable lessons beyond that. He started out on a path toward disaster because he failed to do basic business planning and financial analysis. He succeeded after he recalibrated his business model and stuck to it. This story offers important lessons for nonprofit management and strategic decision-making.
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