Navigating Change: Effective Strategies for Economic Development Organizations

A close-up of a road sign

Perhaps somewhat ironically, change is often the only constant in business. We live in a VUCA world – Volatile, Uncertain, Complex and Ambiguous. This phenomenon touches everything today, leading to head-spinning and rapid change on both a global and local scale. Economic Development Organizations (EDO) face a unique set of challenges to address. What does […]

Best Practices in Change Management for Nonprofit Organizations

A road sign with a red circle and black text

Change is an inevitable reality for nonprofit organizations, requiring continuous adaptation to meet the evolving needs of their donors, stakeholders, and communities. Whether it’s a shift in funding, restructuring staff, new technologies, or a crisis demanding swift action, effective change management is crucial for nonprofits to thrive through challenging moments that stress employees, clients, fundraising […]

Five Examples of Nonprofit Collaboration to Enhance Public Engagement and Fundraising Results

image of 10 men and women sitting around a table working to assemble four oversize puzzle pieces

Now, more than ever, collaboration is a necessary implement in the toolbag of every successful nonprofit organization to enhance public engagement and boost fundraising efforts. By working with community stakeholders, nonprofits can amplify their impact, reach new audiences and achieve greater success in advancing their missions.   In today’s often volatile economic landscape, the call for […]

Five Tips for Filling EDO Staffing Gaps

While the advantages of Artificial Intelligence are trendy topics, one consistent truth continues to apply to capital fundraising: relationships matter. And people make all the difference in developing and maintaining long-term, productive relationships. Finding and keeping quality personnel for key positions within an economic development organization (EDO) is as important as ever.  In the face […]

Convergent’s Proven Strategy for YMCA Growth

The North American YMCA Development Organization’s (NAYDO) annual conference is one of our favorite events of the year. This year’s conference was held at the Gaylord Rockies outside of Denver and was one of their largest. And from Convergent Principal Rick Kiernan’s perspective, the sessions were some of the best he’s attended. “YMCAs make an […]

Raise Money to Expand Housing Now: Here’s How Communities Are Doing It

Housing development is critical for economic growth

Economic development and chamber professionals throughout the country are telling us how desperately their communities need to see growth in housing inventory. Much of this pressure is coming from the business community. Without sufficient housing, they can’t hire workers and even people who want to stay after graduating can’t. If your community is in this […]