Nonprofits can become great organizations but the challenges are more complex than for private sector companies. The reasons:
► There is no single agreed-upon measure of success for a nonprofit, whereas it is easy to measure the success of a private sector company merely by the profit it generates.
► Much of the funding available to nonprofits supports specific programs, not organizations. Additionally, in contrast to the private sector, very successful nonprofit organizations can actually drive funding to less successful organizations, because of the perception that the lesser performers need more help.
Rather than depending on charismatic leaders, nonprofit organizations can become great by following a four-step process. Disciplined people: First who, then what. The right people are organizations’ most important asset. Nonprofits need to be rigorous, not ruthless, in determining who should be in their organizations, and in which seats – and in nonprofits this also applies to volunteers.
Click here to read this entire Bridgestar article and learn more about how your organization can build greatness that will last.
START THE CONVERSATION HERE! How does your organization determine what types of people should join your team, whether staff, board members, or volunteers? Does your organization already have a strategy in place to go from good to great?
