LeaderToday.org

Learning About Finance: Advice for Nonprofit Leaders - Money and Mission

By Dione Alexander - In the words of a seasoned nonprofit executive, organization leaders must recognize that "margin is mission": Nonprofits are created on dreams but run on money. For this post, I interviewed some successful nonprofit executives about how they mastered nonprofit finance and what advice they had for those considering nonprofit leadership roles. ^new (Added: 17-Oct-2011 Hits: 115 )

Nonprofit Leadership Gap - Reaching the Next Generation - Nonprofit Leadership Survey

By Joanne Fritz - The coming leadership crunch in nonprofits has been in the news for some time. The retirement of the baby boom generation plus the explosive growth of nonprofits in recent years promise a disaster for nonprofits as they look for new leadership. A recent study, Ready to Lead? Next Generation Leaders Speak Out, by the Casey Foundation, the Eugene and Agnes E. Meyer Foundation, CompassPoint Nonprofit Services, and Idealist.org. probed this problem. The study asked more than 600 nonprofit workers of various ages what problems they find in nonprofit work as well as why they got into it, stuck with it, or contemplated leaving it. ^new (Added: 17-Oct-2011 Hits: 112 )

Oops, I Failed Again - Stanford Social Innovation Review

By Aaron Hurst - Face-to-face conversations with other leaders--commercial and nonprofit--remind us that failure is, in fact, the norm and does not preclude success. "If [CEOs' successes] were graded on a curve, the mean on the test would be 22 out of a 100," Ben Horowitz of Andreessen Horowitz recently wrote on TechCrunch. "This kind of mean can be psychologically challenging...because nobody tells you that the mean is 22." ^new (Added: 17-Oct-2011 Hits: 126 )

Tapping Into the Nonprofit Board's Talent

By Jeri Eckhart Queenan - There's no question that nonprofit organizations benefit from investing the time to develop sound business plans. Being able to articulate--explicitly-- the difference the organization intends to make and how it intends to hold itself accountable for progress helps leaders decide how best to allocate resources, establish sound performance--metrics, and communicate effectively with funders. But even organizations that are committed to engaging deeply in business planning--or what many nonprofit organizations call strategic planning--may be missing out on a great source of untapped value: their boards. ^new (Added: 17-Oct-2011 Hits: 104 )