Our survey results show a “tale of two cities” in the nonprofit world now, with contrasting effects of the pandemic. What nonprofit leaders should do next depends on which city they’re in.
Read moreTactics Won’t Substitute for Strategy
Organizational strategy is crucial to success, but only when it has the right balance of vision and details, and words can get in the way. Strategy is often confused with tactics, and that’s when things can go badly.
Read moreFive Myths in Nonprofit Finance
There are many myths regarding nonprofit finance, and some of them are harmful. Here I shoot down several prominent ones.
Read moreLearning from the Big Mac
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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