We’ve all got an Achilles’ heel – that area of weakness and vulnerability in an otherwise strong and healthy entity. But for some, that Achilles’ heel may just be the single greatest point of greatest vulnerability.
Too many nonprofits suffer from multiple points of vulnerability: an underperforming board; a revenue stream lacking in diversification; an absence of an employee recruitment and retention plan; no strategic plan, or a failure to adhere to it; trying to be all things to all people, and so on. Having any, Read more
I just don’t get why, after the past seven years, any nonprofit would need a lesson in the essential importance of having diversified funding streams. If you are one of those who has not yet learned that lesson, have a board member who is a slow learner or have an executive director who didn’t get the memo, let me share some true stories – all just from the past week alone!
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Example One: newly-elected mayor of Patterson, New Jersey, who assumed his position this Read more