Nonprofit executive directors Judith Alnes of MAP for Nonprofits and Kate Barr of Nonprofits Assistance Fund collaborated to write the commentary for the Winter 2009 edition of our Giving Forum newspaper. They acknowledge the severity of the economic condition, while offering some words of wisdom for how organizations can survive.
Those of us in leadership roles should remember that this time will be judged by the actions we take or the actions we fail to take. Not every organization will make it through this economic fire intact. But those who do will have a great deal in common — a willingness, in the face of tough situations, to make tough choices that preserve the best of what we do.
Barr and Alnes outline four keys:
- Step 1: Focus
- Step 2: Identify Your Most Important Work
- Step 3: Seek and Speak Financial Truth
- Step 4: Review Size, Scope and Structure
Another suggestion is that organizations should take advantage of the “ideas, energy and capacity” of younger staff members: in addition to the obvious support they provide, the experience will help train them for the future.
Read the article for their advice about how to implement each of the steps.
- Strategies For Down Times: How to Downsize a Nonprofit
- Advice to Charities in Tough Times
Ken’s Commentary (by the president of Charity Navigator)
- 5 Keys to Pulling Out of the Economic Nosedive
Katya’s Nonprofit Marketing Blog