Economic Uncertainty: What it means for Economic Development Organizations and Chambers of Commerce
In an increasingly interconnected global economy, economic uncertainty has become a significant challenge facing economic development organizations (EDOs) and chambers of commerce in today’s complex global environment. Economic uncertainty refers to the unpredictability and volatility in economic conditions, policies, and markets that can impact business operations, investment decisions, and overall economic growth. Today’s economic developers […]
Unpacking the 2024 Giving USA Report: What Does the Data Say About the State of Giving?
Earlier this month I shared my thoughts about the recent annual Giving USA Report in Tom’s Takeaways: The Continued Decline in Giving….The Uncomfortable Conversation. To recap, the decline should be a wake-up call and call to action for nonprofits to become more financially sustainable by moving from the donor/charity model of raising money to an […]
Tom’s Takeaways: The Continued Decline in Giving….The Uncomfortable Conversation.
The recent release of the Giving USA 2024 report, widely quoted and the most robust annual review of giving trends by donor and recipient type, showed a decline in individual giving in 2023 of 2.4 percent. Alarming? Possibly. Surprising? No. Cause for Pause? I hope so. The above paragraph is word for word what I […]
Economic Development Insights: A 2024 Mid-Year Roundup and a Look at What’s Next
We’ve compiled a recap of the topics we’ve explored in our blog thus far in 2024, offering insights and strategies for economic development professionals navigating an ever-changing landscape. Convergent Nonprofit Solutions dove deep into the heart of issues shaping the economic development landscape, exploring how infrastructure acts as the unsung hero of thriving cities, how […]
Halfway There: Recapping the Key Nonprofit Strategies from 2024, and a Peek at What’s To Come
The first half of 2024 had us tackling a series of crucial topics in our blog to mull over, get updated on, get informed and get inspired by. Each article is packed with practical strategies and real-world examples to help your nonprofit thrive in today’s fast-paced world. Let’s take a look at the topics that […]
Aligning Technology & Human Capabilities for Nonprofits
Technology has received negative attention of late, particularly with the rise of AI in organizational operations and the ensuing fear of “robots taking over our jobs.” However, it doesn’t have to be all about machines taking over and replacing human workers. In a recent Harvard Business Review article aptly entitled “AI Won’t Replace Humans — […]