Navigating Change: Effective Strategies for Economic Development Organizations
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
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 […]
Childcare and Workforce Development: The Critical Link for Fundraising Now
Childcare is getting a lot of press these days. Beyond the mountain of evidence that it pays huge dividends in reading skills, graduation rates, secondary education attainment, and lifetime earnings, the link to economic development is becoming increasingly important. Many of our clients now consider it an integral part of their economic development program of […]
The Role of Cybersecurity for Nonprofit Organizations
News of cyber-attacks and data breaches have recently crossed our news streaming platforms at a frighteningly increasing rate. Already in 2024, dozens of companies in all industries, ranging from American Express to United Health, have reported breaches affecting millions of customers. A recent Harvard Business Review analysis cited that, globally, the number of cyber-attack victims […]
5 Ways Nonprofits Can Improve Data Quality and Insights
In many ways, a nonprofit is like a small business. While businesses try to increase sales and make a profit, nonprofits attempt to collect donations and drive support for their causes. In both cases, data allows you to make more informed decisions that boost incoming revenue. However, you can’t make reliable decisions if your data […]
Creating a Nonprofit Operating Budget: 4 Best Practices
Thorough financial planning is critical for nonprofits of all sizes and in all verticals. To make the greatest possible impact, you not only need to maximize your fundraising efforts but also properly allocate the funding you bring in to cover all of the costs associated with your mission and operations. The most important financial planning […]